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Crizac IPO

Edu/Overseas Consult - Listed on 09 July 2025

+14.7% listing gain
Issue Price (Upper)
Rs 245
Listing Price
Rs 281
Closing Price (NSE)
Rs 307.63
Total Subscription
59.82x

Crizac IPO listing summary

Crizac (Edu/Overseas Consult) closed its IPO window in 2025 and listed on NSE and BSE on 09 July 2025 at an upper band issue price of Rs 245, opening at Rs 281 for a listing gain of +14.7% and closing day one at Rs 307.63 (+25.6% on closing basis). The IPO was subscribed 59.82x overall - QIB 134.35x, HNI/NII 76.15x, Retail 10.24x. The total issue size was Rs 860 Cr (Fresh Issue Rs 0 Cr, OFS Rs 860 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
+14.69%
Listing Gain (Close)
+25.56%
Day Change After Listing
+10.87%
Retail Quota
35.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB134.35x
HNI / NII76.15x
Retail10.24x
Overall59.82x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.62x
Day 22.75x
Day 3 (Final)59.82x

Crizac IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 40+16.33%
Day 2Rs 40+16.33%
Day 3Rs 40+16.33%
Day 4Rs 40+16.33%
Day 5Rs 30+12.24%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
12.2%-16.3%
IPOGyani AI Prediction
-
Actual Listing Gain
+14.7%

Issue & financials

Issue SizeRs 860 Cr
Fresh IssueRs 0 Cr
OFSRs 860 Cr
IPO PE28.03
Peer / Sector PE17.52
PE vs Sector Ratio1.37
Latest EBITDA (Cr)25.05
Debt / Equity0.00

Market context at listing

How the broader market moved around the Crizac IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.00%
Nifty 1W Return+0.02%
Nifty 1M Return+0.03%
Nifty during IPO window-0.01%

Crizac IPO - FAQs

What was the listing gain of Crizac IPO?

Crizac IPO listed at +14.7% versus the upper issue price of Rs 245 on 09 July 2025.

How many times was Crizac IPO subscribed?

Crizac IPO was subscribed 59.82x overall. QIB portion was subscribed 134.35x, HNI / NII 76.15x and Retail 10.24x.

What was the IPO GMP for Crizac?

IPO GMP started at Rs 40 on Day 1 and moved to Rs 30 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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