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Crizac jumps 25% on Day 1 of listing

  • Crizac's shares surged 25% on its first day of listing following an IPO that saw massive investor interest.
  • The B2B education platform's ₹860-crore IPO was oversubscribed at 59.8 times, with subscriptions from various investor categories.
  • Non-institutional and qualified institutional buyers showed strong interest, with subscription rates of 76.15 times and 134.35 times, respectively.
  • Despite the success of the IPO, Crizac continues its operations in India and London, collaborating with global institutions of higher education.

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