Latest news with #CrizacLimited
Mint
07-07-2025
- Business
- Mint
Crizac IPO allotment date likely today. Latest GMP, steps to check share allotment status online
Crizac IPO Allotment: The initial public offering (IPO) of B2B education platform Crizac Ltd receives strong demand during its subscription period. As the bidding has ended, investors now focus on the Crizac IPO allotment date. The public issue was open from July 2 to 4. Crizac IPO allotment date is likely today, July 7, and the IPO listing date is expected to be July 9. The company is expected to finalise the Crizac IPO allotment status soon. Once the Crizac IPO allotment status is fixed, it will then credit the equity shares into the demat accounts of the allotment holders, and initiate refunds to the unsuccessful bidders. Investors can check Crizac IPO allotment status online through the websites of BSE and NSE, along with the official portal of IPO registrar. MUFG Intime India Private Limited (Link Intime) is the Crizac IPO registrar. In order to do Crizac IPO allotment status online check, investors must follow a few simple steps mentioned below. Step 2] Select 'Equity' in the Issue Type Step 3] Choose 'Crizac Limited' in the Issue Name dropdown menu Step 4] Enter either Application No. or PAN Step 5] Verify by ticking on 'I am not robot' and click on 'Search' Your Crizac IPO allotment status will be displayed on the screen. Step 2] Select 'Equity and SME IPO bids' Step 3] Choose 'Crizac Limited' from the Issue Name dropdown menu Step 4] Enter your PAN and Application Number Your Crizac IPO allotment status will be displayed on the screen. Step 2] Choose 'Crizac Limited' in the Select Company dropdown menu Step 3] Select among PAN, App. No., DP ID or Account No. Step 4] Enter the details as per the option selected Your Crizac IPO allotment status will be displayed on the screen. Crizac shares are showing a bullish trend in the grey market. According to market experts, Crizac IPO GMP today, or grey market premium today, is ₹ 43 per share. This means that Crizac shares are available at a premium of ₹ 43 to their issue price in the grey market. Considering Crizac IPO GMP today, the estimated listing price of Crizac shares would be ₹ 288 apiece, which is at a premium of 17.55% to the IPO price of ₹ 245 per share. The public issue of the B2B education platform opened on July 2, and closed on July 4. Crizac IPO allotment date is likely today, 7 July 2025, and the IPO listing date is July 9. Crizac IPO price band was ₹ 245 per share. The company raised ₹ 860 crore from the book-building issue which was entirely an offer-for-sale of 3.51 crore equity shares. Crizac IPO was subscribed 59.82 times in total as the offer received bids for 154.56 crore shares as against 2.58 crore shares on offer, NSE data showed. The retail portion was booked 10.24 times while the non-institutional investor (NII) quota was subscribed 76.15 times. The qualified institutional buyers (QIB) segment received 134.35 times bids. Equirus Capital is the book-running lead manager of the Crizac IPO, while MUFG Intime India (Link Intime) is the IPO registrar. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
05-07-2025
- Business
- Mint
Stock market this week: Top gainers and losers you should watch closely
India's Goods and Services Tax (GST) collections for June 2025 stood at an impressive ₹ 1.85 lakh crore, marking a 6.2% year-on-year growth and highlighting the continued strength and resilience of the Indian economy. This consistent increase in GST revenue reflects robust business activity, healthy consumer demand, and growing tax compliance across sectors. Strong collections support the government's fiscal plans and reinforce confidence in India's formal economy. The GST system continues to mature, contributing significantly to India's overall revenue framework while simplifying tax structures and improving transparency. Monthly revenue above ₹ 1.80 lakh crore for June indicates sustained momentum in manufacturing, services, and consumption-led sectors. This steady performance showcases the government's ongoing efforts to streamline tax administration and strengthen compliance, ultimately aiding infrastructure development and public welfare initiatives. The positive trend in GST collections reinforces optimism about India's economic outlook and growth trajectory in the months ahead. The Initial Public Offering (IPO) of Crizac Limited received an overwhelming response from investors, being oversubscribed by an impressive 62.89 times. This strong demand reflects investor confidence in the company's growth potential, business fundamentals, and long-term vision. The enthusiastic participation was witnessed across all investor categories, including retail, institutional, and non-institutional buyers, showcasing broad-based interest in the offering. Such high subscription levels highlight Crizac Limited's strong market appeal and the positive sentiment surrounding its public debut. The company's strategic positioning, innovative offerings, and track record in its sector have attracted attention from investors looking for value and future growth. The success of this IPO not only reflects optimism in the company's prospects but also reinforces the strength and vibrancy of India's capital markets. Crizac Limited's journey as a listed entity is now set to begin on a promising note, backed by a strong base of supportive stakeholders. Kotak AMC, 360 One AMC, HDFC AMC, and ICICI AMC have introduced exciting new fund offerings (NFOs), providing investors with diversified opportunities aligned with various financial goals. Kotak AMC has launched the Kotak Nifty AAA Bond Financial Services Mar 2028 Index Growth Direct Plan, offering exposure to high-rated financial sector bonds with a defined maturity, ideal for conservative investors seeking stable returns. 360 One AMC brings the 360 One Overnight Growth Direct Plan, a low-risk option for short-term parking of funds with overnight liquidity benefits. HDFC AMC introduces the HDFC Innovation Growth Direct Plan, focusing on innovation-driven companies with long-term growth potential, perfect for investors looking to tap into forward-looking sectors. Meanwhile, ICICI AMC offers the ICICI Prudential Nifty Private Bank Index Growth Direct Plan, allowing investors to gain targeted exposure to India's leading private banks. These NFOs present diverse choices across debt, innovation, and sector-based themes, catering to various investment preferences. Index Returns Best Performers Worst Performers Bought and Sold Most Watchlisted Kuvera is a free direct mutual fund investing platform. Unless otherwise stated data sourced from BSE, NSE and kuvera.
Mint
05-07-2025
- Business
- Mint
Crizac IPO allotment date in focus: GMP, subscription and steps to check status
Crizac IPO Allotment: The initial public offering (IPO) of Crizac Limited, a B2B education platform, closed with strong demand from investors. Following the closure of the IPO, investors are now focused on the Crizac IPO allotment date, which is expected to be finalised soon. Crizac IPO was open for subscription for a period of three days from July 2 to July 4. Crizac IPO allotment date is likely Monday, July 7 and the Crizac IPO listing date is expected to be Wednesday, July 9. Crizac IPO, worth ₹ 860 crore, was entirely an offer for sale (OFS) of 3.51 crore shares. This means the IPO proceeds will not go to the company but to the shareholders selling the stake. Crizac IPO price band was set in the range of ₹ 233 to ₹ 245 apiece, with a minimum lot size of 61 shares. Crizac IPO witnessed a heavy demand from investors, helped by positive reviews from brokerages and a healthy grey market premium. At the end of the three-day bidding process, Crizac IPO's subscription status stood at 59.82 times, with the offer witnessing bids for 1,54,56,80,464 shares as against 2,58,36,909 shares on offer. The retail portion for Crizac IPO was booked 10.24 times while the non-institutional investor (NII) quota was subscribed 76.15 times. The qualified institutional buyers (QIB) segment received a massive 134.35 times bids. While the allotment for an IPO tends to be finalized next day after the closure of the public offer, it is not the case for Crizac IPO as after closing on Friday, July 4, the subsequent days are the weekend (July 5 and July 6) and the Indian stock market is closed then. Therefore, Crizac IPO allotment date is likely Monday, July 7. Since the Crizac IPO allotment status is expected to be finalised soon, here's a look at how investors can check the status. To check Crizac IPO allotment status online check, one can do so through BSE and NSE websites. One other way to check IPO status is through the official portal of the IPO registrar, which is MUFG Intime India Private Limited (Link Intime). 1. Head to the BSE website by clicking on this link: 2. Select 'Equity' as Issue Type 3. Choose Crizac in the dropdown for Issue Name 4. Enter either your application number or PAN details 5. Verify by ticking on 'I am not robot' and then click on 'Search' Your Crizac IPO allotment status will be displayed on the screen. 2. Select Equity and SME IPO bids 3. Choose Crizac from the Issue Name dropdown 4. Enter either your Application Number or PAN details Your Crizac IPO allotment status will be displayed on the screen. 2. Choose Crizac as the company name from the dropdown 3. Select either PAN details, Application Number, DP ID or Account Number 4. Enter details pertaining to the option picked Your Crizac IPO allotment status will be displayed on the screen. Crizac IPO GMP today is ₹ 40 per share, according to This means that Crizac IPO shares are available at a premium of ₹ 40 in the grey market. If the Crizac IPO GMP sustains then Crizac shares could list at ₹ 285 apiece, a premium of 16% over the IPO price of ₹ 245 per share. GMPs signal investor willingness to buy its shares at a premium or discount to the IPO price. However, investors must note that grey market premiums are subject to change ahead of the listing. One should consider the company's fundamentals and risk appetite before investing. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
04-07-2025
- Business
- Mint
Crizac IPO booked nearly 60x at end of Day 3. Check subscription status, GMP and other details
Crizac IPO subscription: The initial public offering (IPO) of Crizac Limited, which closed for subscription today, July 4, saw a stellar response, amid high demand from qualified institutional buyers and positive views from top brokerages. The strong grey market premium (GMP) also drove investor interest in the Crizac IPO. At the end of the three-day bidding process, Crizac IPO garnered 1,54,56,79,366 bids against 2,58,36,909 shares on offer, resulting in an oversubscription of 59.82 times. The retail portion was booked 10.24 times while the non-institutional investor (NII) quota was subscribed 76.15 times. The qualified institutional buyers (QIB) segment received 134.35 times bids. Crizac IPO GMP was at ₹ 42 today, the highest over the last few days. At the current GMP and its issue price of ₹ 245, Crizac IPO shares could see a strong listing pop of 17.14%. The shares of Crizac IPO are slated to list on the mainboard indices — BSE and NSE — on July 9. Crizac IPO bidding opened for bidding on July 2 and concluded today. Now, the investor focus will shift to the Crizac IPO allotment, which is expected to be finalised on Monday, July 7. Crizac IPO, worth ₹ 860 crore, is entirely an offer for sale (OFS) of 3.51 crore shares. This means the company will not receive any proceeds from the sale of shares. Crizac IPO was priced in the ₹ 233 to ₹ 245 apiece, with a minimum lot size of 61 shares. Equirus Capital Private Limited is the book-running lead manager of the Crizac IPO, while MUFG Intime India Private Limited (Link Intime) is the registrar for the issue. Analysts largely recommended subscribing to Crizac IPO. The company is a B2B education platform that facilitates international student recruitment for higher education institutions worldwide. At the upper band of Crizac's IPO price - a P/E of 28x on FY25 earnings - appears reasonable, considering its growth momentum, operational scalability, and leadership in UK-bound student recruitment, said BP Wealth. Given its differentiated B2B positioning and strong financial profile, it recommended a 'Subscribe' rating for this issue. Choice Broking, Canara Bank Securities, Nirmal Bang and SBICAP Securities have also suggested applying for the IPO. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Indian Express
03-07-2025
- Business
- Indian Express
Crizac IPO GMP Price Today: Day 2 subscription; check latest grey market premium, price band, allotment date
CRIZAC IPO GMP: Today (Thursday, July 3) is the second day for the initial public offering (IPO) of CRIZAC Limited. The Rs 860-crore initial public offering (IPO) of CRIZAC Limited was opened on July 2 and will close on July 4. According to the NSE, the initial share sale of Crizac IPO received bids for 1,46,16,027 shares against 2,58,36,909 shares on offer so far, till 11:13 am. The price band of Crizac IPO has been fixed at Rs 233-245 share. According to multiple websites that track grey market activities, the shares of Crizac Limited are commanding a premium of Rs 39. This translates into a GMP of 15.92 per cent. According to the details available, the Crizac IPO is slated to be finalised on July 7. The allotment status will be released online on the official website of the registrar — MUFG Intime India Private Limited. Additionally, the allotment status will also be made available on the official websites of the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). Crizac Limited's shares are proposed to be listed on NSE, and BSE. The listing will likely take place on July 9. The face value of Crizac IPO is Rs 2 per equity share and the tick size is Re 1. Equirus Capital Private Limited and Anand Rathi Advisors Limited are the book running lead managers for Crizac IPO. HDFC Bank Limited and ICICI Bank Limited are the sponsor banks for the Crizac IPO. According to PTI, the Crizac Limited is a Kolkata-based B2B education platform for agents and global institutions, offering international student recruitment solutions to global institutions of higher education in the UK, Ireland, Canada, Australia and New Zealand.
