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Crizac IPO Subscription Status

Crizac IPO was subscribed 62.89 times when bidding closed on 4 Jul 2025: QIB 141.27x, NII 80.07x, Retail 10.74x.

The Crizac IPO has been subscribed 62.89x times overall. Retail investors have shown interest with bids for 10.74x the shares available. The Non-Institutional Investor (NII) category has been subscribed 80.07x. Within NII, Big HNI (B-HNI) subscribed 92.95x and Small HNI (S-HNI) subscribed 54.32x. Qualified Institutional Buyers (QIBs) have subscribed 141.27x. Data last updated on 10 Nov, 05:58 AM.

The IPO subscription period has ended. Given the strong demand, the allotment process is expected to be highly competitive. The issue opened on 02 Jul, 2025 and closes on 04 Jul, 2025. The shares are expected to list on stock exchanges on 09 Jul, 2025.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Summary splits NII into bHNI (above ₹10 lakh) and sHNI (₹2–10 lakh); switch to Detailed for the exchange's own sub-category rows.

Last updated 10 Nov 2026, 05:58 AM
Category Bid details Times
QIB - of - - 141.27x
NII - of - - 80.07x
bHNI — bid amount above ₹10 Lakh
- - 92.95
sHNI — bid amount ₹2–10 Lakh
- - 54.32
Retail - of - - 10.74x
TOTAL - 18,78,714 applications - 62.89x
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Crizac IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹245.

Applications
18,78,714
Allottees
1,07,38,317
Overall odds
All allotted
Amount collected
₹38,003 Cr
Category Apps Got Odds
TOTAL 44.19x subscribed 18,78,714 1,07,38,317 All

Crizac IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)
1 out of 10
~9.3% chance per PAN — based on 10.74x subscription. Winners get exactly 1 lot (₹14,945) by SEBI lottery, however many lots you bid.
Small HNI (₹2–10 L)
1 out of 54
~1.8% chance — based on 54.32x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 out of 93
~1.1% chance — based on 92.95x subscription. Lottery allots the minimum NII application of 14 lots (₹2.1 L) per winner, the same as S-HNI; any shares left over are allotted proportionately.
QIB (institutions)
141.27x
Proportionate allotment — at 141.27x, institutions receive ~0.7% of their bid. No lottery; not open to individual investors. Strong institutional endorsement.

Odds = allotment slots ÷ applications, or the subscription multiple where counts aren't available. Retail and HNI allotment is by lottery; QIB is proportionate. Not investment advice.

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 9.3% for a single lot.

Institutional Backing

Massive institutional interest with QIBs subscribing 141.27x. This often signals long-term confidence from professional funds.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date Total
04 Jul 2025
Day 3
62.89x ▼
QIB141.27x BHNI92.95x SHNI54.32x Retail10.74x
03 Jul 2025
Day 2
2.75x ▼
QIB0.15x BHNI6x SHNI6.85x Retail2.72x
02 Jul 2025
Day 1
0.46x ▼
QIB0.09x BHNI0.56x SHNI0.73x Retail0.6x

Crizac IPO dates

From the bidding window to listing. Today is 10 November.

Key dates Listed
  1. Open 02 Jul 2025
  2. Close 04 Jul 2025
  3. Allotment 07 Jul 2025
  4. Refund/credit 08 Jul 2025
  5. Listing 09 Jul 2025

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

Anchor Investor Amt (₹ cr.) % Allocated
SHAMYAK INVESTMENT PVT.LTD. ₹36.00 Cr 13.95%
ARYABHATA GLOBAL ASSETS FUNDS ICAV - ARYABHATA INDIA FUND ₹28.00 Cr 10.85%
ICICI PRUDENTIAL FLEXICAP FUND ₹21.00 Cr 8.14%
ALLIANZ GLOBAL INVESTORS FUND-ALLIANZ INDIA EQUITY ₹21.00 Cr 8.14%
CARNELIAN BHARAT AMRITKAAL FUND ₹18.00 Cr 6.98%
MOTILAL OSWAL LARGE CAP FUND ₹16.00 Cr 6.20%
360 ONE EQUITY OPPORTUNITY FUND ₹16.00 Cr 6.20%
KOTAK MAHINDRA LIFE INSURANCE CO.LTD. ₹16.00 Cr 6.20%
ICICI PRUDENTIAL EXPORTS & SERVICES FUND ₹15.00 Cr 5.81%
PINEBRIDGE GLOBAL FUNDS-PINEBRIDGE INDIA EQUITY FUND ₹10.00 Cr 3.88%
LC PHAROS MULTI STRATEGY FUND VCC-LC PHAROS MULTI STRATEGY FUND SF1 ₹10.00 Cr 3.88%
SOCIETE GENERALE-ODI ₹10.00 Cr 3.88%
BANDHAN BUSINESS CYCLE FUND ₹8.00 Cr 3.10%
BANDHAN BALANCED ADVANTAGE FUND ₹8.00 Cr 3.10%
ALLIANZ GLOBAL INVESTORS FUND - ALLIANZ ASIAN SMALL CAP EQUITY ₹5.00 Cr 1.94%
CARNELIAN BHARAT AMRITKAAL FUND - 2 ₹5.00 Cr 1.94%
AXIS MAX LIFE INSURANCE LIMITED A/C - ULIF00225/06/04LIFEBALANC104 - BALANCED FUND ₹5.00 Cr 1.94%
AXIS MAX LIFE INSURANCE LTD. ₹5.00 Cr 1.94%
ALLIANZ GLOBAL INVESTORS FUND - ALLIANZ LITTLE DRAGONS ₹5.00 Cr 1.94%
TOTAL ₹258.00 Cr 100.01%
View allotment letter PDF →

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • 01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • 02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • 03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • 04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during bidding hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Crizac IPO?

As of IPO close date (04 Jul, 2025), the Crizac IPO is subscribed 62.89x times. Retail category is 10.74x, and NII is 80.07x subscribed.

When is the allotment date for Crizac IPO?

The allotment for Crizac IPO is expected to be finalized on 07 July, 2025.

What is the GMP of Crizac?

The Grey Market Premium (GMP) for Crizac is currently ₹37, indicating a potential listing gain of 15%.

When will Crizac IPO list on the stock market?

Crizac is scheduled to list on BSE and NSE on 09 July, 2025.

What are the chances of getting allotment in Crizac IPO?

The retail category is oversubscribed at 10.74x, meaning allotment is by lottery. Statistically, approximately 1 in 11 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 141.27x mean for Crizac IPO?

Strong — QIBs (mutual funds, FIIs, insurance companies) have subscribed 141.27x, indicating high institutional conviction. Heavy QIB demand is historically one of the strongest predictors of a positive listing.

How to check Crizac IPO allotment status?

After the allotment date (07 Jul, 2025), you can check your Crizac IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total
62.89x
QIB
141.27x
NII
80.07x
bHNI
92.95x
sHNI
54.32x
Retail
10.74x
Full IPO details
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