Crizac Ltd. has announced public offering of 35102040 shares at a price of Rs 2.00 each for Cash at a Premium of Rs 243.00 per share. The gross proceeds of the issue are expected to be Rs 86,000.00 lakhs.
The company's initial public offer (IPO) will open on 02 July 2025 and is expected to close on 04 July 2025, subject to customary closing conditions. The price band of the issue has been fixed at Rs 233.00-245.00 per share.
The IPO includes a fresh Issue of 35102040 Equity Shares of the Company at an price of Rs 245.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 61 shares with bids in multiples of 61.
Crizac Ltd. anticipates using the proceeds of the issue for .
Equirus Capital Private Limited,ANAND RATHI ADVISORS LTD as lead manager(s) & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.