Crizac IPO Makes Stellar Debut: Lists at 15% Premium, Investors Cheer
BUSINESS & FINANCE
In a much-anticipated market debut on June 18, 2025, Crizac Ltd delivered an impressive performance, listing at a 15% premium over its IPO price of ₹245. The stock opened at ₹281.05 on the NSE and ₹280 on the BSE, reflecting high investor confidence.
Crizac, an international education services company, had seen massive demand during its IPO, which was oversubscribed nearly 60 times. The strong debut is attributed to its zero-debt balance sheet, high growth prospects, and a booming global student mobility sector.
The stock touched an intraday high of ₹309.15, showcasing strong buying interest, particularly from retail and institutional investors. As of market mid-session, the stock remains stable in the ₹295–₹307 range.
"Investors who got allotment are sitting on decent listing gains. For long-term investors, Crizac offers a promising growth story," said market analyst Shruti Mehra.
📊 IPO Highlights:
IPO Price: ₹245
Listing Price (NSE): ₹281.05 (+14.71%)
Market Cap on Listing: Approx. ₹4,760 crore
Subscription: 60x overall
Sector: International student recruitment and education tech
💡 Investor Outlook:
Experts suggest partial profit booking for short-term investors, while long-term investors may continue holding based on strong fundamentals. Analysts also recommend buying on dips for new investors looking for growth-oriented stocks.
With this stellar listing, Crizac has set a positive tone for upcoming IPOs in 2025, bolstering investor confidence in India’s startup ecosystem.