Credila Financial Services IPO
mainboardupcomingAbout the company
Credila Financial Services is India's leading education finance NBFC company, specialising in providing education loans to Indian students pursuing higher education across India and abroad. As of March 31, 2025, 94.65% and 5.35% of its AUM were attributable to students pursuing higher education overseas and in India, respectively. Since its incorporation, the company has provided education loans to Indian students studying in 64 countries, with an average sanctioned ticket size of ₹0.36 crore during FY25. Loan terms range from 10 to 15 years, with an average behavioural tenor of 6 to 7 years. As of March 2025, it has a distribution channel of 1,672, including banks, financial institutions, DSAs, aggregators, and counsellors. The company received approval from SEBI in May 2025 and will announce the IPO date and price soon after consultation with the book-running lead managers. The IPO size is expected to be approximately ₹5,000 crore, which includes a fresh issue of ₹3,000 crore and an offer for sale of ₹2,000 crore. Axis Capital Ltd, Citigroup Global Markets India Private Limited, Goldman Sachs (India) Securities Private Limited, IIFL Capital Services Limited and Jefferies India Private Limited are the book-running lead managers.
GMP trend (Grey Market Premium by date)
| Date | GMP (₹) | Est. Listing | Change |
|---|---|---|---|
| 04 Sep | ₹0 | ₹0 | 0 |
| 03 Sep | ₹0 | ₹0 | -1 |
| 02 Sep | ₹1 | ₹1 | -2 |
| 01 Sep | ₹3 | ₹3 | +1 |
| 31 Aug | ₹2 | ₹2 | +2 |
| 30 Aug | ₹0 | ₹0 | -1 |
| 29 Aug | ₹1 | ₹1 | +1 |
| 28 Aug | ₹0 | ₹0 | 0 |
Strengths
Risks
Financial performance (₹ Cr)
IPO Roadmap / Timeline
IPO Opens
UpcomingTBABidding starts for all investor categories
IPO Closes
UpcomingTBALast day to place your bid
Basis of Allotment
UpcomingTBAShare allotment finalised
Refund Initiation
UpcomingTBARefunds credited for non-allottees
Credit to Demat
UpcomingTBAAllotted shares credited to demat account
Listing on Exchange
UpcomingTBAShares list on NSE / BSE
Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.
Lot size & minimum investment
| Investor Type | Min Lots | Min Shares | Min Amount | Max Lots | Max Amount | Notes |
|---|---|---|---|---|---|---|
| Retail | 1 | 0 | ₹0 | Infinity | ₹NaN | ≤ ₹2,00,000 |
| sHNI (Small HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | ₹2L – ₹10L |
| bHNI (Big HNI) | Infinity | NaN | ₹NaN | Infinity | ₹NaN | > ₹10L |
Shares reserved per category & allotment probability
| Category | Reservation | Shares Offered | Amount (₹ Cr) | Shares Bid | Subscribed | Allotment % |
|---|---|---|---|---|---|---|
| QIB | 50% | NaN | NaN | NaN | 0.00x | 100% |
| NII | 15% | NaN | NaN | NaN | 0.00x | 100% |
| Retail | 35% | NaN | NaN | NaN | 0.00x | 100% |
Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).