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Crizac IPO Subscription

Listed

Updated 9 July 2025, 9:15 AM IST· Mainboard

Crizac IPO subscription closed on 4 July 2025 at 62.89x overall by shares. QIB demand came in at 141.27x, NII at 80.03x, and retail at 10.60x. See Retail, SHNI, and BHNI allotment chances in the table below.

Allotment date is 7 July 2025. Listing date on NSE and BSE is 9 July 2025.

Issue Price
Rs 245.00
GMP Today
Rs 41.50 (+16.94%)
Overall Sub
62.89x
Issue Size
₹860.00 Cr
Allotment
7 Jul 2025
Listing
9 Jul 2025

Crizac IPO Day-wise Subscription

Daily QIB, NII, Retail, and overall subscription as bids come in

DayQIBNIIRetailOverall
Day 1 - 2 Jul 20250.09x0.65x0.63x0.48x
Day 2 - 3 Jul 20250.16x6.61x2.86x2.89x
Day 3 - 4 Jul 2025141.27x80.03x10.60x62.81x

Crizac IPO Allotment Chances

Retail, SHNI, and BHNI chances based on application subscription

Crizac IPO allotment chances for Retail, SHNI, and BHNI. All three use lottery when the category is oversubscribed.

CategorySubscription (Apps)Allotment Chances
Retail10.60x (shares)Updating soon
SHNI (Rs 2L to Rs 10L)54.18x (shares)Updating soon
BHNI (above Rs 10L)92.95x (shares)Updating soon

Chances use application subscription (how many bids came in), not share or amount figures. If you get allotment, you get at least one lot. Higher subscription means lower chance per PAN.

Check the Crizac IPO Allotment Status page from 7 July 2025 for your result.

Crizac IPO Subscription by Amount

Category-wise subscription based on amount applied at issue price Rs 245.00

CategoryAmount OfferedAmount AppliedSubscription
QIBRs 172.00 CrRs 24,297.87 Cr141.27x
NIIRs 129.00 CrRs 10,323.36 Cr80.03x
sNII (Rs 2L to Rs 10L)Rs 43.00 CrRs 2,329.83 Cr54.18x
bNII (above Rs 10L)Rs 86.00 CrRs 7,993.53 Cr92.95x
RetailRs 301.00 CrRs 3,189.46 Cr10.60x
TotalRs 602.00 CrRs 37,810.69 Cr62.81x

Crizac IPO Subscription by Shares

Category-wise subscription based on shares bid. Application-wise bid counts are not available for this IPO yet.

CategoryShares OfferedShares BidSubscription
QIB70,20,40799,17,49,956141.27x
NII52,65,30642,13,61,58780.03x
sNII (Rs 2L to Rs 10L)17,55,1029,50,95,09654.18x
bNII (above Rs 10L)35,10,20432,62,66,49192.95x
Retail1,22,85,71413,01,82,11310.60x
Total2,45,71,4271,54,32,93,65662.81x

What Do These Subscription Numbers Mean?

62.89x overall by shares means bids covered about 63 times the shares on offer. Allotment chances depend on applications in each category.

QIB at 141.27x by shares shows institutional demand from mutual funds, FIIs, and banks.

NII covers bids above Rs 2 lakh (80.03x by shares). SHNI and BHNI allotment is by lottery.

Retail at 10.60x by shares. Exact lottery chances need application data.

Crizac IPO GMP After Subscription

GMP for Crizac IPO stands at Rs 41.50 today, giving an estimated listing price of Rs 286.50 per share.

A subscription of 62.89x combined with a GMP of 16.94% is a strong combination heading into listing. QIB demand above 50x in particular tends to support listing sentiment, as institutional investors are seen as informed buyers.

Track live GMP on the Crizac IPO GMP Today page or the IPOwiz Live IPO GMP Tracker.

Crizac IPO Key Dates

EventDate
IPO Open Date2 July 2025
IPO Close Date4 July 2025
Allotment Date7 July 2025
Refund Initiation8 July 2025
Share Credit to Demat8 July 2025
Listing Date9 July 2025
Minimum InvestmentRs 14,945.00
Lot Size61 shares

About Crizac IPO

Crizac Ltd. is a leading B2B (business-to-business) education platform providing international student recruitment solutions to global institutions of higher education. The company connects agents with universities in key study-abroad destinations such as the United Kingdom (UK), Canada, the Republic of Ireland, Australia, and New Zealand.

Understanding Subscription Categories

QIB - Qualified Institutional Buyers

Includes foreign institutional investors, domestic financial institutions, mutual funds, and other qualified institutions. QIB demand is considered the most reliable indicator of institutional confidence in an IPO.

NII - Non-Institutional Investors (SHNI & BHNI)

Investors bidding above Rs 2 lakh. Split into SHNI (Rs 2 lakh to Rs 10 lakh) and BHNI (above Rs 10 lakh). Both use lottery allotment when oversubscribed.

Retail - Retail Individual Investors

Investors bidding up to Rs 2 lakh per PAN. Allotment is by lottery when oversubscribed. Winners get at least one lot.

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Crizac IPO Subscription FAQs

What is Crizac IPO subscription status today?

Crizac IPO subscription closed on 4 July 2025 with overall subscription of 62.89x (by shares) as of 21 August 2026, 2:32 AM IST. QIB 141.27x, NII 80.03x, Retail 10.60x.

What is the overall subscription of Crizac IPO?

Crizac IPO is subscribed 62.89x overall by shares at close on 4 July 2025. QIB 141.27x, NII 80.03x, and Retail 10.60x.

What is Crizac IPO QIB subscription?

Crizac IPO QIB (Qualified Institutional Buyers) subscription is 141.27x by shares. QIB includes mutual funds, FIIs, banks, and other institutions.

What is Crizac IPO Retail subscription?

Crizac IPO Retail subscription is 10.60x by shares. Retail bids are up to Rs 2 lakh per PAN.

What is Crizac IPO NII, SHNI, and BHNI subscription?

Crizac IPO NII subscription is 80.03x by shares. NII is bids above Rs 2 lakh, split into SHNI (Rs 2L to Rs 10L) and BHNI (above Rs 10L).

What are Crizac IPO retail allotment chances?

Crizac IPO retail share subscription is 10.60x. Application data is needed for exact lottery chances.

What are Crizac IPO SHNI allotment chances?

Crizac IPO SHNI share subscription is 54.18x. Application data is needed for exact lottery chances.

What are Crizac IPO BHNI allotment chances?

Crizac IPO BHNI share subscription is 92.95x. Application data is needed for exact lottery chances.

When is Crizac IPO allotment date?

Crizac IPO allotment date is 7 July 2025. Check Crizac IPO Allotment Status on IPOwiz from that day using your PAN.

When does Crizac IPO subscription close?

Crizac IPO subscription closed on 4 July 2025. No new applications are accepted after the close.

What is Crizac IPO GMP today?

Crizac IPO GMP is ₹42 today (+16.94% over issue price ₹245). See live GMP on the Crizac IPO GMP Today page.

What is Crizac IPO issue price and lot size?

Crizac IPO issue price is ₹245 per share. Lot size is 61 shares. Minimum investment is ₹14,945 per lot. Issue size: ₹860.00 Cr.

When is Crizac IPO listing date?

Crizac IPO listing date is 9 July 2025 on NSE and BSE. Allotment is on 7 July 2025.

How does subscription affect Crizac IPO allotment?

In Crizac IPO, Retail, SHNI, and BHNI allotment is by lottery when oversubscribed. Chances follow application subscription in each category, not share volume. At 62.89x overall, competition is very high.

For allotment results from 7 July 2025, visit the Crizac IPO Allotment Status page. For listing day updates on 9 July 2025, download the IPOwiz App.

Sources

We match Crizac IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • IPO RegistrarRegistrar details are on the allotment page for this IPO

Also read our Editorial Policy, How GMP is calculated, and How allotment chances work.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews subscription data before it goes live.