** India's Crizac Ltd CRIZ.NS rises as much as 18.7% to 290.7 rupees in trading debut vs issue price of 245 rupees
** Education platform enabler valued at 10.2 bln rupees ($118.80 mln) at day's high at 10:30 a.m. IST
** Co's 8.6 bln rupee IPO only comprised sales by existing shareholders
** IPO was subscribed 59.82 times; qualified institutional buyers' portion subscribed 134.35x, and retail investors' portion 10.24 times
($1 = 85.8590 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
((meenakshi.maidas@thomsonreuters.com;))