Crizac Limited’s Rs 860 crore IPO was fully subscribed on Day 2, driven by strong interest from NIIs and retail investors. The grey market premium rose to Rs 36–39, signaling robust demand. Crizac, a debt-free B2B edtech firm, posted a 76% revenue CAGR over FY23–FY25 and is seen as a strong long-term play in overseas education.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets