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Prizor Viztech Limited IPO (Prizor Viztech IPO) Detail

July 12, 2024 - July 16, 2024

Prizor Viztech IPO is a book built issue of Rs 25.15 crores. The issue is entirely a fresh issue of 28.91 lakh shares.

Prizor Viztech IPO bidding started from July 12, 2024 and ended on July 16, 2024. The allotment for Prizor Viztech IPO was finalized on Thursday, July 18, 2024. The shares got listed on NSE SME on July 22, 2024.

Prizor Viztech IPO price band is set at ₹82 to ₹87 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹139,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹278,400.

Shreni Shares Limited is the book running lead manager of the Prizor Viztech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Prizor Viztech IPO is Rikhav Securities.

Refer to Prizor Viztech IPO RHP for detailed information.

Prizor Viztech IPO Details

IPO Date July 12, 2024 to July 16, 2024
Listing Date July 22, 2024
Face Value ₹10 per share
Price Band ₹82 to ₹87 per share
Lot Size 1600 Shares
Total Issue Size2,891,200 shares
(aggregating up to ₹25.15 Cr)
Fresh Issue2,891,200 shares
(aggregating up to ₹25.15 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Share holding pre issue7,800,003
Share holding post issue10,691,203
Market Maker portion160,000 shares
Rikhav Securities

Prizor Viztech IPO Reservation

Prizor Viztech IPO offers 2,891,200 shares. 544,000 (18.82%) to QIB, 412,800 (14.28%) to NII, 960,000 (33.20%) to RII and 814,400 (28.17%) to Anchor investors.

Investor Category Shares Offered
Anchor Investor Shares Offered814,400 (28.17%)
Market Maker Shares Offered160,000 (5.53%)
QIB Shares Offered544,000 (18.82%)
NII (HNI) Shares Offered412,800 (14.28%)
Retail Shares Offered960,000 (33.20%)
Total Shares Offered2,891,200 (100%)

Prizor Viztech IPO Anchor Investors Details

Prizor Viztech IPO raises Rs 7.09 crore from anchor investors. Prizor Viztech IPO Anchor bid date is July 11, 2024. Prizor Viztech IPO Anchor Investors list

Bid Date July 11, 2024
Shares Offered 814,400
Anchor Portion Size (In Cr.) 7.09
Anchor lock-in period end date for 50% shares (30 Days) August 17, 2024
Anchor lock-in period end date for remaining shares (90 Days) October 16, 2024

Prizor Viztech IPO Timeline (Tentative Schedule)

Prizor Viztech IPO opens on July 12, 2024, and closes on July 16, 2024.

IPO Open Date Friday, July 12, 2024
IPO Close Date Tuesday, July 16, 2024
Basis of Allotment Thursday, July 18, 2024
Initiation of Refunds Friday, July 19, 2024
Credit of Shares to Demat Friday, July 19, 2024
Listing Date Monday, July 22, 2024
Cut-off time for UPI mandate confirmation 5 PM on July 16, 2024

Prizor Viztech IPO Lot Size

Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.

Application Lots Shares Amount
Retail (Min) 1 1600 ₹139,200
Retail (Max) 1 1600 ₹139,200
HNI (Min) 2 3,200 ₹278,400
Lot Size Calculator

Prizor Viztech IPO Promoter Holding

The Promoters of the Company are Ms. Mitali Dasharathbharthi Gauswami and Mr. Gauswami Dasharathbharthi Gopalbharthi

Share Holding Pre Issue 93.59%
Share Holding Post Issue 68.28%

About Prizor Viztech Limited

Incorporated in 2017, Prizor Viztech Limited provides security and surveillance solutions with a wide range of CCTV cameras for retail, government, education, and infrastructure. In 2022, the company expanded its product line to include televisions, touch panels, and monitors, all sold under its brand name and manufactured by third parties. 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 divided into two main parts:

  1. Security and Surveillance Solutions, including network cameras, high-definition analogue cameras, network video recorders, and digital video recorders; and
  2. LED televisions, Monitors & Touch Panels.

The company has supplied products across 17 states and 2 union territories in India, namely: Andhra Pradesh, Assam, Delhi, Goa, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal, as well as the union territories of Andaman and Nicobar Islands and Jammu and Kashmir.

The company's workshops are accredited with ISO 9001:2015 and ISO 14001:2015. Additionally, the company holds ISO 27001:2013 certification for the 'Information Security Management System Standard,' showcasing our commitment to data security and safeguarding sensitive information.
As of July 2024, the company has 29 permanent employees in various departments.

Prizor Viztech Limited Financial Information (Restated)

Prizor Viztech Limited's revenue increased by 155.95% and profit after tax (PAT) rose by 2546.91% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets2,461.80862.84538.87
Revenue3,568.621,394.29870.47
Profit After Tax557.4421.063.60
Net Worth666.20108.7687.70
Reserves and Surplus586.2028.767.70
Total Borrowing964.86532.84313.28
Amount in ₹ Lakhs

Key Performance Indicator

The market capitalization of Prizor Viztech IPO is Rs 93.01 Cr.

KPI as of March 31, 2024.

KPI Values
ROE143.86%
Debt/Equity1.45
RoNW83.67%
P/BV9.67
PAT Margin (%)15.63
Pre IPO Post IPO
EPS (Rs) 7.155.21
P/E (x) 12.1716.69
Note:
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.

Objects of the Issue (Prizor Viztech IPO Objectives)

The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:

  1. Funding of capital expenditure requirements of the company towards setting up of Display Centre and Inventory Storage in Ahmedabad, Gujarat;
  2. Funding Working Capital Requirements of the company; and
  3. General corporate purposes.

Prizor Viztech IPO Review (Avoid)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segments. The company marked average financial performance till FY23 and posted a sudden boost in its top and bottom lines for FY24. Based on pre-IPO year super earnings, the issue appears aggressively priced at fancy valuations. There is no harm in skipping this pricey offer. Read detail review...


Prizor Viztech IPO Subscription Status (Bidding Detail)

The Prizor Viztech IPO is subscribed 219.45 times on July 16, 2024 6:20:00 PM. The public issue subscribed 264.20 times in the retail category, 94.54 times in the QIB category, and 280.00 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB94.54
NII280.00
Retail264.20
Total219.45

Total Application : 158,520 (264.20 times)

Prizor Viztech IPO Prospectus

Prizor Viztech IPO Rating

4
2.5
Rating:Rated 2.5 stars
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Prizor Viztech IPO Listing Details

Listing Date July 22, 2024
BSE Script Code
NSE Symbol PRIZOR
ISIN INE0V9N01017
Final Issue Price ₹87 per share

Pre-Open Session - NSE

Prizor Viztech Limited Contact Details

Prizor Viztech Limited
514, Maple Trade Centre, Nr.
Surdhara Circle
Thaltej, Ahmedabad- 380054,
Phone: +91 78618 04737
Email: investors@prizor.in
Website: https://www.prizor.in/

Prizor Viztech IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html

Prizor Viztech IPO - Buy or Not

Prizor Viztech IPO Recommendation Summary

Review By Subscribe Neutral Avoid
Brokers 0 0 1
Members 0 0 0

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Prizor Viztech IPO FAQs

Prizor Viztech IPO is a SME IPO of 2,891,200 equity shares of the face value of ₹10 aggregating up to ₹25.15 Crores. The issue is priced at ₹82 to ₹87 per share. The minimum order quantity is 1600 Shares.

The IPO opens on July 12, 2024, and closes on July 16, 2024.

Bigshare Services Pvt Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Zerodha customers can apply online in Prizor Viztech IPO using UPI as a payment gateway. Zerodha customers can apply in Prizor Viztech IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in Prizor Viztech IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'Prizor Viztech IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. ‘Submit’ IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The Prizor Viztech IPO opens on July 12, 2024 and closes on July 16, 2024.

Prizor Viztech IPO lot size is 1600 Shares, and the minimum amount required is ₹139,200.

You can apply in Prizor Viztech IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Prizor Viztech IPO will be done on Thursday, July 18, 2024, and the allotted shares will be credited to your demat account by Friday, July 19, 2024. Check the Prizor Viztech IPO allotment status.

The Prizor Viztech IPO listing date is on July 22, 2024.
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