Crizac Ltd IPO

Our Company was originally incorporated as `GA Educational Services Private Limited', at Kolkata as a private limited company under the provisions of Companies Act, 1956 and received a certificate of incorporation issued by the RoC, on January 03, 2011. Thereafter, pursuant to a special resolution passed by the shareholders of our Company passed in their meeting on March 24, 2012, the name of our Company was changed to `GA Solutions Private Limited', and a fresh certificate of incorporation dated May 16, 2012 was issued to our Company by the RoC. Subsequently, pursuant to a special resolution passed by the shareholders of our Company passed in their meeting on November 10, 2023, the name of our Company was changed to `Crizac Private Limited', and a fresh certificate of incorporation dated December 15, 2023, was issued to our Company by the RoC. Thereafter, our Company was converted into a public limited company pursuant to a special resolution passed by the shareholders of our Company passed in their meeting on December 27, 2023 and the name of our Company was changed to its present name `Crizac Limited' pursuant to a fresh certificate of incorporation issued by the RoC on February 13, 2024.

Increasing globalization, coupled with the pursuit of quality education and international exposure, has led to a surge in demand for studying abroad. Students and parents are increasingly recognizing the value of acquiring a global perspective, accessing world-class educational institutions, and experiencing diverse cultures. The global education market, valued at approximately USD 6 trillion in 2024, is projected to expand to around USD 7.4 trillion by 2030. Total Indian students pursuing higher education abroad increased to about an estimated 14,80,000 by 2023. The total number of Indian students studying abroad is expected to reach 25,00,000 by 2030 growing at a CAGR of 7.8% (2023-2030).

We are a B2B (Business to Business) education platform for agents and global institutions of higher education offering international student recruitment solutions to global institutions of higher education in United Kingdom, Canada, Republic of Ireland, Australia and New Zealand (ANZ). Student recruitment solutions from India into the United Kingdom is our strength as a result of our strong relationships built over time with global institutions of higher education in the United Kingdom. (Source: F&S Report) We also work in close collaboration with global institutions of higher education, which has helped us in developing expertise and understanding of their recruitment preferences and develop bespoke strategies that reflect and highlight their unique goals and strengths.