Crizac Limited IPO Date, Price, GMP, Review & Details 2025

Crizac Limited, a quickly expanding technology and business solutions company headquartered in Kolkata, has delivered strong financial growth and solid fundamentals. The Company has a dominant market presence in the West Bengal region but is expanding throughout India. The IPO price is ₹245 per share, with an issue size of ₹860 crore, and will be listed on the BSE. The zero premium at the issue price indicates a conservative valuation, creating interest among retail investors who would be closely following the IPO price and valuation, as well as comparing it to other tech sector listings.

IPO Dates for Crizac Limited

The Crizac Limited IPO is scheduled to open on July 2, 2025, and close on July 4, 2025. The allocation date is expected to be announced by July 7, 2025, with listing planned for July 9, 2025.

IPO Details Summary

Investors are closely monitoring the GMP of Crizac Limited IPO, which currently shows stable demand ahead of listing. This IPO is also part of the growing Crizac Limited IPO list on the BSE platform.

About Crizac Limited

Crizac Limited is an emerging technology and business solutions company, fully headquartered in Kolkata, West Bengal. Though an established greater analysis of the Crizac Limited IPO is a fantastic ride for the growth opportunity that exists in the technology services and technology solutions sector, in which Crizac Limited is becoming a developed competitor in the space, with tremendous growth in the last few years of the company's corporate history. Being located in a city like Kolkata provides access to greater consumer and technology distribution markets, which bolster opportunities for future growth on the national footprint of markets available across the rest of India. 

Crizac Limited is consistently in technology and business solutions, but it is primarily in modern software development and IT service solutions. Given all of the factors and operational aspects of the company's ability to develop capability in the fields of product development, sales and marketing, client services, and brand awareness inside the competitive and technical-led technology market, Crizac Limited has distinct operational capabilities and thereby operational strength. 

In this IPO, the company is raising ₹860.00 crores worth of capital via a 100% fresh issue in the IPO. Proceeds from the IPO will be used for the development of the business, developing the technology business infrastructure, coverage for working capital, client branding development, and developing its corporate strength in all areas of its business operations. Given investor interest and potential in the Crizac Limited IPO GMP, the overall market sentiment and interest convey development opportunities in the technology service market.

Financial Performance of Crizac Limited

The company has demonstrated exceptional financial performance with remarkable transformation across key metrics:

Performance Analysis

Crizac Limited has experienced remarkable growth, with total assets increasing from ₹592.91 crore in FY24 to ₹879.62 crore in FY25, and monthly revenue growth from ₹763.44 crore to ₹884.78 crore, demonstrating real and wide-ranging market growth. Profit after tax expanded significantly as well, rising from ₹118.90 crore to ₹152.93 crore, exemplifying improved operational execution and strong margins. EBITDA skyrocketed from ₹72.64 crore to ₹212.82 crore, demonstrating good operational cost management and efficiency. Net worth similarly increased from ₹341.81 crore to ₹505.71 crore and was supported by negligible borrowings (₹0.08 crore), indicating the cash generation was strong and leverage was conservative. These financial metrics distinctly point to sustainable growth and have generated interest from investors in support of comparing Crizac's IPO to technology and services sector public listings.

IPO Share Reservation

The IPO share allocation follows standard SEBI guidelines for main board listings:

Know Before Investing

Strengths

Exceptional Growth Story:
The business showed an exceptional growth trend with the value of assets increasing from ₹592.91 crores to ₹879.62 crores, which shows an extraordinary ability to develop the business.

Exceptional Revenue Growth:
The business's revenue has increased from ₹763.44 crores to ₹884.78 crores, demonstrating its ability as a company to expand its business and capture a very large amount of market share in the technology space.

Exceptional Profitability Growth:
The increase in profit after tax from ₹118.90 crores to ₹152.93 crores is indicative of exceptional operational efficiency and execution of the business.

Exceptional EBITDA Growth:
The increase in EBITDA from ₹72.64 crores to ₹212.82 crores is indicative of exceptional operational leverage capability and cost savings.

Exceptional Growth in overall Net Worth:
Increase in total net worth from ₹341.81 crores to ₹505.71 crores is exceptional growth as both asset building and actual value creation capability are represented.

Great Position in Kolkata:
A specific position in Kolkata is excellent for the company as it provides great access to the major business market and the technology distribution network across India.

Good Financial Discipline:
The company has very little debt financing usage, and it has generated a good amount of cash generative cash flow, which is a good demonstration of financial discipline, so that it is structurally efficient and operationally efficient.

Opportunities in Technology Sector:
This company will benefit from increasing digitalization in India, growing IT services demand, and will also be able to take advantage of an expanding technology market.

Management Experience and Execution:
The company is validating to stakeholders the ability to improve management tasks and operate the company from every aspect of their financial metrics, consistently improving and putting the company on a favourable trajectory.

Risks

Technology Sector Volatility:
The broader technology sector is impacted by rapid technological change, market demand shifts, and changes in customer behavior, resulting in unpredictability and variability in revenue streams.

Customer Concentration Risk:
Technology services firms are often subject to customer concentration risk and reliance on key customer accounts, which may impact revenue consistency.

Competitively challenging from Established Firms:
The intensity of competition in the technology sector is extremely high, with increased competition from established technology firms, but also global IT service firms and emerging technology start-ups, which could all take a portion of the market.

Talent Acquisition and Retention:
Hiring and retention of skilled professionals remain a challenge, impacting the ability to deliver on services and achieve growth.

Project Execution Risks:
Similar to hiring, customers often expect IT projects to meet complex requirements and be delivered to tight timeframes, impacting the potential of delays related to scope or timeline, or budget.

Currency Risk:
Depending on international business exposure, currency fluctuations could create risks or profit, depending on the strategy in use.

Economic Sensitivity:
Technology expenditures relate to business spending and often decline during an economic downturn.

Scalability:
Demonstrate to potential suitors that increased operations are feasible while maintaining some level of service and client satisfaction.

How to Apply for Crizac Limited IPO?

Step-by-step guide (when IPO opens):

1. Log in to your broker app (Zerodha, Angel One, Groww, etc.)

2. Navigate to the IPO section and select the Crizac Limited IPO

3. Click "Apply"

4. Enter:

   • Lot size (minimum 61 shares)
   • Bid price (₹245 or select Cut-Off)
   • Your UPI ID

5. Submit the application

6. Approve the UPI mandate in your UPI app (PhonePe, GPay, etc.)

⏰ Important: The mandate must be approved before 5 PM on the same day or before the IPO closes.

How to Check Crizac Limited IPO Allotment Status?

You can check the Crizac Limited IPO allotment status through BSE and the registrar portal once the IPO opens.

Check on BSE

• Visit the BSE official website
• Navigate to the IPO Allotment Section
• Select Crizac Limited IPO
• Enter PAN number or application number
• Submit details to get the Crizac Limited IPO BSE IPO allotment status

Check on the Registrar Portal

• Visit MUFG Intime India Private Limited's website
• Select IPO allotment status
• Choose Crizac Limited IPO
• Enter PAN or application number
• Submit to check status

Company Address

Name: Crizac Limited
Address: Wing A, 3rd Floor, Constantia Building, 11, Dr. U.N. Brahmachari Street, Shakespeare Sarani, Kolkata, West Bengal, 700017
Phone: +91 33 3544 1515
Email: compliance@crizac.com
Website: www.crizac.com

IPO Registrar

Name: MUFG Intime India Private Limited - Link Intime
Address: Link Intime India Private Ltd, C 101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400083
Phone: +91 22 4918 6270
Email: crizac.ipo@linkintime.co.in
Website: in.mpms.mufg.com/Initial_Offer/public-issues.html

Conclusion

The Crizac Limited initial public offering (IPO) is an excellent investment opportunity to participate in India’s rapidly growing technology services sector. Crizac's growing position is evidenced by its revenue of ₹884.78 crores and profits of ₹152.93 crores; it is clearly managing costs and improving on operational efficiency. Crizac demonstrated excellent operational leverage, evidenced by its growth in EBITDA, which increased from ₹72.64 crores to ₹212.82 crores. The IPO pricing by Crizac at ₹245 per share and an issue size of ₹860.00 crore provides a reasonable entry point for an exciting company with great growth opportunities. Its head office in Kolkata gives it a good strategic position to access skilled talent and growing business markets.

The growth of the Indian technology sector is driven by increasing digitalization and demand for IT services. Thus, Crizac's IPO comes at a very timely time to invest in an expanding market. Crizac has less than ₹100 million in debt and has had significant growth in net worth, clearly indicating it has managed well financially to this point. Applicants of the IPO should be aware of the volatile nature of the technology sector and risks associated with client concentration, competition, and finally, the challenges associated with high growth as the business progresses.

Disclaimer: This analysis is prepared for educational purposes only and should not be considered as financial advice. Investors should consult their financial advisors and conduct thorough research before making investment decisions. Investments in equity markets are subject to market risks, including volatility, and sector-specific challenges.

FAQs