Crizac management has guided that Q2 FY27 performance will be impacted by international travel disruptions and widespread flight cancellations between February and June. However, the company expects a recovery in Q3 and Q4 FY27, supported by normalizing mobility and healthy application flows. On a full-year basis, FY27 performance is expected to remain broadly in line with FY26 levels, reflecting a flattish year. The guidance underscores a temporary near-term headwind with management confident of a second-half recovery.
Crizac Limited Announces Q1 FY26 Earnings Call and Investor Meet
Crizac Limited has scheduled an earnings conference call on August 5, 2025, at 4:00 PM IST to discuss Q1 FY26 results. The call will be hosted by key executives including Dr. Vikash Agarwal, Mr. Manish Agarwal, and Mr. Christopher Flood Nagle. Additionally, the company plans a one-on-one investor meeting with RAAY Global Investments Pvt. Ltd. on August 1, 2025, in Kolkata.
10Jul 25
Crizac Shares Surge 8% on Second Trading Day, Abakkus Asset Manager Acquires Stake
Crizac Limited's shares rose 8% to Rs 330.65 on its second day of trading. Abakkus Asset Manager acquired 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 14.70% premium on the NSE. The continued price appreciation suggests ongoing investor optimism.
Abakkus Asset Manager, led by Sunil Singhania, has purchased 36.73 lakh shares of CRIZAC LIMITED at ₹298.33 per share, totaling ₹109.50 crore. CRIZAC LIMITED, a B2B education platform, recently completed its IPO, listing at a 14.71% premium on NSE and ending its first trading day 25% higher at ₹306.00. The company raised ₹860.00 crore through an offer for sale in its IPO.