Crizac shares surged ~25% from IPO price to ₹307 on debut. With 60× IPO subscription and strong fundamentals (ROE ~36%, debt-free), here’s what investors should know.
📊 Stock Snapshot
- Listing Price: ₹281 on NSE (14.7% premium), ₹272 on BSE (14.3% premium) Moneycontrol+15Mint+15Business Today+15The Economic Times+1The Economic Times+1
- Current Level: ~₹307–308, up ~25% from issue price of ₹245
- 52-Week Range: ₹275–₹309.15 Business Today
- Valuation Metrics: P/E ~35×, P/B ~10.7×; EPS ~₹8.74, ROE ~36%, ROCE ~48% Business Today+1Screener+1
📈 What’s Fueling the Rally
- Explosive Listing: Crizac listed at a strong premium despite overall weak market—indicates high demand ($860 cr IPO oversubscribed ~60×) Moneycontrol+15Mint+15The Indian Express+15
- Fundamental Strength: Robust FY25 numbers—₹849 cr revenue, ₹153 cr PAT, high margins, debt-free balance sheet The Economic Times+2Screener+2Wikipedia+2
- Grey Market Momentum: GMP was already high (~17%), signaling listing gains near ₹280–287 The Economic Times+7Moneycontrol+7Upstox+7
🔍 Key Insights
- Premium Valuation Justified by Performance? A P/E ~35× is rich for a small-cap, but strong ROE, clean balance sheet, and growth justify some premium.
- Liquidity Caution: Limited float (~0 delivery volume) may increase volatility—sharp swings likely in early days.
- Peer Comparison: Insurance against global education and recruitment trends—Crizac has positioned itself well in B2B student onboarding across multiple countries.
⚠️ Risks to Keep in Mind
- High P/B Multiple: At ~10.7×, any earnings hiccup could lead to sharp fall.
- Volatility Risk: Fresh float may see big intra-day moves with low liquidity.
- Execution Uncertainty: IPO success doesn’t guarantee sustained growth—tech execution and overseas pipeline matter.
✅ Bottom Line
Crizac’s strong debut reflects robust fundamentals and investor appetite for quality small-caps. A 25% rally to ~₹307 is impressive, but valuation is steep. If you believe in its growth story, it could be worth holding—but expect higher volatility and monitor quarterly execution closely.
❓ FAQs — Crizac Share Price
Q1. At what price did Crizac list?
It debuted at ₹281 on NSE (+14.7% premium) and ₹272 on BSE (+14.3%) Moneycontrol+15Mint+15The Economic Times+15Moneycontrol+1Business Today+1The Indian Express.
Q2. Why did share price jump to ~₹307?
Strong investor demand, high IPO subscription and early buying pushed it ~25% above issue price of ₹245 Chittorgarh+1The Indian Express+1.
Q3. Is it overpriced now at ~35× P/E?
Possibly—valuation is aggressive for a small-cap, but strong ROE (~36%) and debt-free status partially justify it .
Q4. Should I buy now or wait?
If you believe in long-term fundamentals, riding the momentum could work. Otherwise, wait for a dip or clearer quarterly trends.
⚠️ Disclaimer
This is for informational purposes only and does not constitute financial advice. Please consult a SEBI-registered advisor before making any investment decisions.
