Stock Allocation for Crizac IPO Today - Why is Pre-Listing GMP Dropping? Check on NSE, BSE, MUFG for Updates
The much-anticipated Crizac Initial Public Offering (IPO) has been a resounding success, with the issue subscribed an impressive 59.82 times overall. The IPO, valued at Rs 860 crore, closed on July 4, 2025, and the allotment status is expected to be finalized today, July 7.
The strong demand for Crizac shares is evident, with investors bidding for about 1,545.68 million shares against the 25.83 million shares on offer. The portions for Qualified Institutional Bidders (QIBs) and Non-Institutional Investors (NIIs) were subscribed 134.35 times and 80.07 times, respectively, while the retail investors’ quota was subscribed 10.74 times.
Successful applicants can expect their shares to be credited to their demat accounts on July 8, 2025, with the listing on the BSE and NSE scheduled for July 9, 2025. Investors are advised to check their allotment status on the official websites of the NSE, BSE, or MUFG Intime India (the registrar) once the links are activated.
The latest Grey Market Premium (GMP) for Crizac shares stands at a premium of Rs 40 above the upper price band of Rs 245 per share, translating to a GMP of approximately 16.3%. This strong GMP indicates healthy demand and positive market sentiment ahead of the IPO listing.
Meanwhile, the HDB Financial Services IPO was also subscribed 16.69 times. However, the allotment status for the HDB Financial IPO has not been specified, and the text does not provide information about the GMP for this IPO. The HDB Financial IPO is scheduled to list on July 2.
The Crizac IPO is an offer for sale (OFS), with the promoters offloading 3.51 crore shares. Equirus Capital Private Limited is the book-running lead manager for the Crizac IPO. The BSE Sensex and NSE Nifty are the stock exchanges where the Crizac IPO is expected to debut, alongside the BSE, where the Crizac IPO is expected to make its debut on July 9.
Investors are encouraged to use the official NSE, BSE, or registrar websites to verify their IPO allotment once available. The allotment status for the Crizac IPO can be checked at CRIZAC limited IPO Allotment Status Live.
- The strong demand for Crizac shares in the IPO market suggests a positive investment opportunity for investors.
- The allotment of shares for the Crizac IPO is expected to happen today, with successful applicants receiving their shares in their demat accounts on July 8.
- The Grey Market Premium (GMP) for Crizac shares currently stands at a premium of Rs 40 above the upper price band, indicating a healthy demand and positive market sentiment.
- The Crizac IPO is an offer for sale (OFS) and is being managed by Equirus Capital Private Limited, with the BSE Sensex, NSE Nifty, and BSE expected to host its listing.
