Crizac IPO Allotment, July 5 -- The initial public offering (IPO) of Crizac Limited, a B2B education platform, closed with strong demand from investors. Following the closure of the IPO, investors are now focused on the Crizac IPO allotment date, which is expected to be finalised soon. Crizac IPO was open for subscription for a period of three days from July 2 to July 4. Crizac IPO allotment date is likely Monday, July 7 and the Crizac IPO listing date is expected to be Wednesday, July 9.

Crizac IPO, worth Rs.860 crore, was entirely an offer for sale (OFS) of 3.51 crore shares. This means the IPO proceeds will not go to the company but to the shareholders selling the stake. Crizac IPO price band was set in the range of Rs.233 to Rs.245 a...