Crizac shares rose 8% to Rs 330.65 on its second trading day. Abakkus Asset Manager bought 36,72,914 shares at Rs 298.33 per share in a bulk deal. The company's IPO was oversubscribed 63 times and listed at a 14.7% premium on NSE.
Sunil Singhania's Abakkus Asset Manager bought 36.73 lakh shares of newly-listed Crizac Ltd at ₹298.33 per share, totaling ₹109.5 crore. Crizac, a B2B education platform, listed at a 14.71% premium on NSE and ended its debut 25% higher at ₹306. The company's recent IPO raised ₹860 crore through an offer for sale.