Prizor Viztech IPO will open for subscription from 12 July 2024. The company aims for an issue size of ₹25.15 Cr through this IPO.
Company Overview
| Full name | Prizor Viztech Limited |
| Sector | Electricals |
| Industry | Electronics – Components |
| Company Website | https://www.prizor.in/ |
About Company
Prizor Viztech provides security and surveillance solutions with a comprehensive range of CCTV cameras serving various sectors like retail, government, education, and infrastructure. In 2022, the company expanded its product portfolio to include televisions, touch panels, and monitors of various sizes and features, manufactured by third parties under its brand name. Additionally, the company offers video management software that provides surveillance features to customers on a single monitor and location.
The company’s product portfolio is mainly divided into two categories:
- Security and Surveillance Solutions, including network cameras, high-definition analog cameras, network video recorders, and digital video recorders
- LED televisions, monitors, and touch panels.
As of July 2024, Prizor Viztech has supplied products across 17 states and 2 union territories in India, including Andhra Pradesh, Assam, Delhi, Goa, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, as well as the union territories of Andaman and Nicobar Islands and Jammu and Kashmir.
The Objectives of the Issue
- Funding of capital expenditure requirements of the company towards setting up of Display Centre and Inventory Storage in Ahmedabad, Gujarat;
- Funding Working Capital Requirements of the company; and
- General corporate purposes.
Prizor Viztech IPO Timetable
| IPO Opening date | 12 July 2024 |
| IPO Closing | 16 July 2024 |
| Basis of Allotment | 18 July 2024 |
| Initiation Refund | 19 July 2024 |
| Credit to Demat Account | 19 July 2024 |
| Listing Date | 22 July 2024 |
Prizor Viztech IPO details
| Issue type | Book Built Issue IPO |
| IPO issue size | ₹25.15 Cr – 2,891,200 shares |
| Fresh Issue | ₹25.15 Cr – 2,891,200 shares |
| Offer for sale | Nil |
| Face value | ₹10 per share |
| Price Band | ₹82 to ₹87 per share |
| Lot size | 1600 Shares |
| Market Maker portion | 160,000 shares |
| Shareholding pre-issue | 7,800,003 |
| Shareholding post-issue | 10,691,203 |
| Listing Exchange | NSE SME |
Prizor Viztech IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹139,200 |
| Retail (Max) | 1 | 1600 | ₹139,200 |
| HNI (Min) | 2 | 3,200 | ₹278,400 |
Prizor Viztech Offer Documents
Prizor Viztech Offer Reservation Details
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 814,400 (28.17%) |
| Market Maker Shares Offered | 160,000 (5.53%) |
| QIB Shares Offered | 544,000 (18.82%) |
| NII (HNI) Shares Offered | 412,800 (14.28%) |
| Retail Shares Offered | 960,000 (33.20%) |
| Total Shares Offered | 2,891,200 (100%) |
Prizor Viztech Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Revenue | 8.68 | 13.77 | 35.65 |
| Expenses | 8.68 | 13.64 | 28.08 |
| Net income | 0.04 | 0.21 | 5.57 |
Prizor Viztech Valuations & Margins
| FY 2022 | FY 2023 | FY 2024 | |
| EPS | 0.05 | 0.28 | 7.53 |
| PE ratio | – | – | 10.89 – 11.55 |
| RONW (%) | 4.10 | 19.36 | 83.67 |
| NAV | 1.19 | 1.47 | 9.00 |
| ROE (%) | 4.19 | 21.44 | 143.86 |
| EBITDA (%) | 2.17 | 3.85 | 23.06 |
| Debt/Equity | 3.57 | 4.90 | 1.45 |
Company Promoters
- Ms. Mitali Dasharathbharthi Gauswami
- Mr. Gauswami Dasharathbharthi Gopalbharthi
Promoter Holding
| Pre Issue Share Holding | 93.59% |
| Post Issue Share Holding | 68.28% |
Prizor Viztech IPO GMP Update
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| 20 July 2024 | 90 | – | 1,04,000 |
| 19 July 2024 | 93 | – | 1,04,000 |
| 18 July 2024 | 87 | – | 98,500 |
| 17 July 2024 | 75 | – | 85,000 |
| 16 July 2024 | 45 | – | 53,500 |
| 15 July 2024 | 52 | – | 60,000 |
| 12 July 2024 | 47 | – | 55,000 |
Prizor Viztech IPO Subscription Update
| Category | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Shares Offered | 5,44,000 | 4,12,800 | 9,60,000 | 19,16,800 |
| 16 Jul 2024 | 94.54 | 279.22 | 254.22 | 214.29 |
| 15 Jul 2024 | 1.98 | 56.21 | 93.21 | 59.35 |
| 12 Jul 2024 | 0.00 | 8.26 | 23.15 | 13.37 |
Prizor Viztech IPO Allotment Status
Prizor Viztech IPO allotment status is now available on Bigshare Services’ website. Click on this link to get allotment status.
Prizor Viztech IPO Listing Details
| Listing Date | 22 July 2024 |
| BSE Scrip Code | – |
| NSE Symbol | PRIZOR |
| ISIN | INE0V9N01017 |
| Final Issue Price | ₹87 per share |
Prizor Viztech IPO Listing Day Update
| Listing Exchange | |
| Final Issue Price | |
| Open | |
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Prizor Viztech IPO Lead Manager(s)
SHRENI SHARES LIMITED
Office No. 217, Hive 67 Icon, Poisar Gymkhana Road,
Lokmanya Tilak Nagar Poisar, Near Raghuleela Mall,
Kandivali West, Mumbai-400067, Maharashtra
Phone: 022 2089 7022
Email: shrenishares@gmail.com
Website: www.shreni.in
Prizor Viztech Registrar
BIGSHARE SERVICES PRIVATE LIMITED
S6-2, 6th Floor, Pinnacle Business Park,
Next to Ahura Centre, Mahakali
Caves Road, Andheri East, Mumbai – 400 093
Phone: +91 22 6263 8200
Email: ipo@bigshareonline.com
Website: www.bigshareonline.com
Prizor Viztech Contact Details
PRIZOR VIZTECH LIMITED
514, Maple Trade Centre, Nr. Surdhara Circle,
Thaltej, Ahmedabad- 380054, Gujarat, India
Phone: +91 78618 04737
E-mail: investors@prizor.in
Website: www.prizor.in
Prizor Viztech IPO FAQs
What is the Prizor Viztech offer size?
Prizor Viztech offer size is INR 23.71 – 25.15 crores.
What is the Prizor Viztech offer price band?
Prizor Viztech’s public offer price is INR 82 – 87 per share.
What is the lot size of the Prizor Viztech Offer?
Prizor Viztech offer a lot size is 1,600 shares.
What is Prizor Viztech Offer GMP today?
Prizor Viztech IPO GMP today is INR 90 per share.
What is the Prizor Viztech kostak rate today?
Prizor Viztech kostak rate today is INR NA per application.
What is Prizor Viztech Subject to the Sauda rate today?
Prizor Viztech is Subject to the Sauda rate today is INR 1,04,000 per application.
Final thoughts
Prizor Viztech IPO is going to hit Dalal Street soon. applying for an IPO is purely a personal choice. Study the company well and subscribe if you feel good about it. I hope this post will give you enough details to research the company fundamentally. learn well and make wise decisions.
Happy Investing
