Crizac shares in focus as 60% outstanding equity frees up for trade with lock-in ending
Crizac Ltd. shares are in focus as 104.9 million shares worth ₹2,885 crore become eligible for trading following the end of six-month lock-in period on January 8. The B2B education platform, which facilitates international student recruitment across UK, Canada, Ireland, Australia and New Zealand, is trading at ₹275, about 12% above its issue price of ₹245.

*this image is generated using AI for illustrative purposes only.
Shares of B2B education platform Crizac Ltd. are expected to remain in focus on Thursday, January 8, as the company's six-month shareholder lock-in period comes to an end. This development will significantly increase the tradeable float of the education services company.
Lock-in Details and Market Impact
The end of the lock-in period will free up a substantial portion of the company's equity for trading:
| Parameter: | Details |
|---|---|
| Shares Unlocking: | 104.9 million shares |
| Percentage of Total Equity: | Nearly 60% |
| Value at Current Price: | ₹2,885 crore |
| Based on Closing Price: | ₹275 (Wednesday) |
It is important to note that the end of the shareholder lock-in does not automatically mean all shares will be sold in the open market. The shares simply become eligible for trading, giving holders the option to transact if they choose to do so.
Company Business Overview
Crizac Ltd., incorporated in 2011, operates as a B2B education platform specializing in international student recruitment solutions. The company serves higher education institutions across multiple English-speaking countries:
- United Kingdom
- Canada
- Republic of Ireland
- Australia
- New Zealand
The platform helps universities expand their global reach by sourcing student applications from more than 75 countries through an extensive network of agents, positioning itself as a key facilitator in international education mobility.
Growth Strategy and Expansion Plans
In an interaction with CNBC-TV18, the management outlined several strategic initiatives for business expansion. The company plans to add adjacent services such as student loans and housing to its platform, citing negligible incremental investment required to introduce these new offerings.
Geographically, Crizac is looking to expand into additional markets, including:
- United States
- Ireland
- Dubai
These expansion plans indicate the company's ambition to broaden its service portfolio and geographical footprint in the international education sector.
Shareholding Pattern and Market Performance
Based on the September quarter shareholding pattern, promoters of Crizac held a 79.94% stake in the company. This promoter holding is marginally higher than the Minimum Public Shareholding norms of 75%, indicating a concentrated ownership structure.
| Market Performance: | Details |
|---|---|
| Wednesday Closing: | ₹275 (down 0.36%) |
| Issue Price: | ₹245 |
| Current Premium: | Approximately 12% above issue price |
The stock's performance since listing shows it is trading at a modest premium to its issue price, reflecting investor confidence in the company's business model and growth prospects in the international education services sector.
Historical Stock Returns for Crizac
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.34% | -0.59% | -3.36% | -25.08% | -22.75% | -22.75% |

































