Crizac kicked off its market journey with a bang on Wednesday, listing at ₹281.05 on the NSE, a solid 14.7% jump over its ₹245 issue price. On the BSE, it wasn’t far off, opening at ₹280. The debut came after massive demand in the IPO, which saw subscriptions cross 62 times, backed largely by institutional investors.
For a company with a lean operating model and a focused global strategy, the reception was loud and clear: the market is buying into Crizac’s growth story.
What’s Driving the Crizac Hype?
QIBs led the charge with 141× bids, followed by NIIs at 80× and retail investors at over 10×. The grey market had already tipped a 15% pop, and that’s exactly what it delivered at the open.
Crizac runs a global B2B student placement network, matching students in India with universities in the UK, Canada, Australia, and more. In the last three years alone, it’s processed over 500,000 applications. The company’s FY25 numbers were solid, revenue over ₹875 crore and operating margins around 25%.
This isn’t just another platform, it’s a scalable, tech-backed recruitment engine with deep reach and low overheads.
Crizac Share Price Outlook
Early trades pushed the stock near ₹295, nearly 20% above issue price. Some short-term froth might cool off as traders take profits, but the ₹275–₹280 zone is expected to hold steady. If it breaks past ₹300 cleanly, a fresh leg higher could unfold.
Institutional investors are expected to stay put, and that could keep the stock stable in the near term. For retail traders who missed the IPO, a clean pullback could be worth watching.