Crizac Ltd is one of the leading education platforms offering international student recruitment solutions to global institutions of higher education in United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ). The company has over the time built strong relationships with global institutions of higher education in the United Kingdom, and they are one of the largest student recruitment solutions providers from India into the United Kingdom with a market share of close to 13.0% in terms of the number of students going from India to the UK to pursue higher education in the year 2023. (Source: F&S Report)
For the 6 month period ended September 30, 2023 and Fiscals March 31, 2023, March 31, 2022 and March 31, 2021, they sourced applications for enrolment into global institutions of higher education from over 72 countries through their agents globally who are registered on their proprietary technology platform. During the 6 month period ended September 30, 2023 and Fiscals 2021, 2022 and 2023, they processed over 3.82 lakh student applications while working with over 140 global institutions of higher education.
As of December 31, 2023, they have over 5,300 agents globally who are registered on their proprietary technology platform and during Fiscal 2023, they had 1,819 active agents (i.e., agents to whom their Company has made payments during Fiscal 2023) (Active Agents) comprising 1,239 Active Agents in India and around 32% Active Agents i.e., 580 Active Agents in over 20 countries overseas including United Kingdom, Nigeria, Pakistan, Bangladesh, Nepal, Sri Lanka, Kenya, Vietnam, Canada and Egypt.
They also work in close collaboration with global institutions of higher education, which has helped them in developing expertise and understanding of their recruitment preferences and develop bespoke strategies that reflect and highlight their unique goals and strengths. This has enabled them to scale their business, and they have grown at a CAGR of 81.02% in terms of increase in their revenue from operations in Fiscal 2014 to their revenue from operations, based on Proforma Consolidated Financial Information, for Fiscal 2023.
They are based in India with co-primary operations in London, United Kingdom. In addition to extensive operations and employees in India, they have consultants in multiple countries including Cameroon, China, Ghana, and Kenya. As on December 31, 2023, they had a team of 210 employees and 10 consultants with extensive experience of the international educational landscape. Set out below is the geographic spread of their employees and consultants.
Note: The actual amount will be debited when the shares are allotted to you.
Note: The actual amount will be debited when the shares are allotted to you.
An IPO offers share market participants like you and me an opportunity to be a shareholder in an erstwhile privately held company that is now going public and being listed on the market. Historically speaking, investors who choose the right IPOs make significant returns on their investments, which increases the attraction of IPOs.
Once you are a shareholder, you are eligible to receive dividends from the company proportional to the shares you own. You can also sell your stocks for profit on the stock exchange.
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