Crizac Shares Surge on Debut Day, Closing Nearly 25% Above Issue Price

Crizac Ltd, a leading student recruitment solutions provider, made a strong debut on the Indian stock markets today, July 9, 2025. The company’s shares opened at ₹281.05 on the NSE and ₹280 on the BSE, marking a listing premium of over 14% against the issue price of ₹245. By the end of the trading session, Crizac shares settled at ₹306 apiece on the NSE, up 24.9% from the IPO price and nearly 9% higher from the listing price.

Strong Debut Follows Overwhelming Investor Interest

Crizac’s market debut came on the back of an enthusiastic response to its ₹860-crore initial public offering (IPO), which was open for subscription between July 2 and July 4. The IPO was oversubscribed nearly 63 times, signaling strong investor confidence in the company’s future growth prospects, especially in the edtech and global recruitment sector.

The price band for the IPO was set between ₹233 and ₹245 per share. Despite volatility in broader market trends, Crizac’s stock maintained steady upward momentum throughout the day, reflecting positive investor sentiment.

Market Cap Crosses ₹5,300 Crore on Day One

With today’s closing price of ₹306, Crizac’s total market capitalization stood at ₹5,379.84 crore, firmly placing it in the mid-cap segment of the Indian equity market. The listing performance also closely matched grey market premium (GMP) expectations, which had hinted at 15-17% gains on debut.

What’s Driving the Buzz Around Crizac?

Crizac Ltd has positioned itself as a strategic player in the global education ecosystem, offering technology-enabled solutions in student recruitment and career support. Analysts point to its scalable model, established institutional partnerships, and increasing demand for overseas education as core factors contributing to its strong IPO performance.

Market watchers believe that Crizac’s robust debut signals continued investor appetite for companies with tech-driven educational models, especially in the post-pandemic digital-first economy.

Disclaimer:- This article is for informational purposes only and does not constitute financial advice. Investors are advised to conduct their own research or consult with a certified financial advisor before making investment decisions. Stock market investments are subject to market risks.

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