Crizac gears up for Rs 860-cr IPO on July 2, slashes OFS size

Crizac's Rs 860-crore IPO will open for public subscription from July 2 to July 4, with anchor bidding on July 1.

The IPO is a pure offer-for-sale by promoters Pinky Agarwal (Rs 723 cr) and Manish Agarwal (Rs 137 cr); no fresh issue component.

Crizac is a B2B student recruitment platform for institutions in the UK, Canada, Australia, and more; processed 7.11 lakh applications.

FY25 financials: Rs 849.49 crore revenue and Rs 152.93 crore PAT; shares to list on BSE and NSE.