Crizac IPO GMP Today: Apply or Skip? Full Review Inside

The bidding war for the Crizac IPO GMP today is available at a premium of Rs.39 in the grey market today, which is Rs.18 higher than Wednesday's Crizac IPO GMP of Rs.21.

This IPO was announced by a Kolkata-based company with the Crizac IPO price at Rs.233 to Rs.245 per equity share. Through this, the company aims to raise Rs.860 crore, entirely reserved for the offer for sale (OFS) route.

Now, "What does offer for sale (OFS) means?" It shows that the net proceeds of the public offer will not go into the company's balance sheet.

You can subscribe for the Crizac IPO GMP today or by 4th of July, 2025.

The 2nd day bidding war updates for the Crizac IPO GMP Today has been subscribed for times, 1.54 times in the retail portion, NII segment in 2.27 times, and 0.10 times in the QIB portion.

Top 10 Crizac IPO Key Details

Let's see the key details of the Crizac IPO Subscription Status:

Crizac IPO GMP Today
Crizac shares are trading at a premium of Rs.39 in the grey market today. This is Rs.18 more than Wednesday’s premium of Rs.21.

Crizac IPO Price
The price band for Crizac’s IPO is set between Rs.233 and Rs.245 per share.

Crizac IPO Dates
The IPO opened on Wednesday and will close on 4th July 2025.

Crizac IPO Size
Crizac plans to raise Rs.860 crore through this IPO, which is entirely an offer for sale (OFS).

Crizac IPO Lot Size
You can apply in lots. One lot includes 61 shares.

Crizac IPO Allotment Date
The share allotment is expected to be finalized by 5th July 2025. But since that’s a Saturday, it may get delayed to 7th July 2025.

Crizac IPO Registrar
Link Intime has been appointed as the official registrar for this IPO.

Crizac IPO Lead Managers
The issue is being managed by Equirus Capital and Anand Rathi Advisors.

Crizac IPO Listing Date
The shares are likely to list on the stock exchanges on 9th July 2025.

Crizac IPO Review
The Crizac share is offered at a PE multiple of times approx, based on FY25 earnings and a Price-to-book (P/BV) ratio of 8.52 times, calculated from its NAV (Net asset value) of Rs . 28.76 per share.

However, the main question remains, GMP Jumps, Should You Apply Today?

Crizac IPO GMP Today Review

Well, experts have advised investors to apply for the public issue.

Alongside, Mr Gaurav Goel, Founder & Director of Fynocrat Technologies said, "Crizac share is being offered at a P/E multiple of approx times, based on FY25 earnings and a P/BV ratio of 8.52 times."

These valuations reflect reasonable valuations of the company's high RoNW at 30.38%, scalable and asset-light business model.

However, the lack of fresh capital infusion via this Crizac IPO and the concentrated revenue dependence could limit the near-term upside potential for the company.

Canara Bank Securities has also assigned a 'Subscribe' tag to the pubic issue, saying, “The company has had a robust financial performance for the past three years, where revenue has grown at a CAGR of 76% from 274 Crores in FY 23 to 849 Crores in FY 25. EBITDA has grown at a CAGR of 43% from 104 Crores in FY 23 to 212 Crores in FY 25. The issue is fairly priced at 28X PE, which is the same as its only listed Indian peer, and at 9X PB, which is slightly expensive than its peer, which trades at 7X PE."

Now, in our expert opinion, if you are someone looking to make long-term gains, the Crizac IPO is waiting for you to subscribe and deliver.