Prizor VizTech IPO
IPO Listing Details
- Listing Date
22 Jul 2024
- Listing Price
₹ 165.30
- Listing Change
90.00%
- Last Traded Price
₹ 158.00
IPO Details
- Open Date
12 Jul 2024
- Close Date
16 Jul 2024
- IPO Price Range
₹ 82 to ₹ 87
- IPO Size
₹ 25.15 Cr
- Listing Exchange
NSE SME
- Listing Date
22 Jul 2024
IPO Timeline
Prizor VizTech IPO Subscription Status
| Date | QIB | NII | Retail | TOTAL |
|---|---|---|---|---|
| 12-Jul-2024 | 0.00 | 8.42 | 24.35 | 14.01 |
| 15-Jul-2024 | 1.98 | 56.03 | 94.54 | 59.97 |
Last Updated: 16 July 2024 6:33 PM by 5Paisa
Last Updated: 15th July 2024, 05:45 PM by 5paisa
Prizor Viztech IPO is set to open on 12 July 2024 and will close on 16 July 2024. The company provides security and surveillance solutions with a wide range of CCTV cameras.
The IPO includes a fresh issue of 28,91,200 shares aggregating up to ₹25.15 Cr. The price range is ₹82-₹87 per share and the lot size is 1600 shares.
The allotment is scheduled to be finalized on 18 July 2024. It will go public on NSE SME, with a tentative listing date of 22 July 2024.
Shreni Shares Limited is the book-running lead manager, while Bigshare Services Pvt Ltd is the registrar.
Objectives Of Prizor IPO
Capital expenditure requirements towards setting up of Display Centre and Inventory Storage.
Working Capital Requirements of the Company.
General corporate purposes.
Prizor IPO Size
| Types | Size (₹Cr) |
|---|---|
| Total IPO size | 25.15 |
| Offer for sale | - |
| Fresh issue | 25.15 |
Prizor IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹139,200 |
| Retail (Max) | 1 | 1600 | ₹139,200 |
| S-HNI (Min) | 2 | 3,200 | ₹278,400 |
Prizor IPO Reservation
| Investors Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Cr.) |
|---|---|---|---|---|
| QIB | 1.98 | 5,44,000 | 10,75,200 | 9.35 |
| NII (HNI) | 56.03 | 4,12,800 | 2,31,31,200 | 201.24 |
| Retail | 94.54 | 9,60,000 | 9,07,53,600 | 789.56 |
| Total | 59.97 | 19,16,800 | 11,49,60,000 | 1,000.15 |
Prizor IPO Anchor Allocation
| Anchor Bid Date | 11 July, 2024 |
| Total no. of shares offered | 814,400 |
| Portion Size for Anchor Investors | 7.09 Cr. |
| Lock in Period for 50% shares (30 days) | 17 August, 2024 |
| Lock in Period for rest of shares (90 days) | 16 October, 2024 |
Since its incorporation in 2017, Prizor Viztech Limited has established a solid reputation for offering complete security and surveillance solutions, which include an extensive selection of CCTV cameras designed specifically for the infrastructure, retail, government, and educational sectors.
In 2022, the corporation increased the range of products it offered by adding televisions, touch panels, and monitors that were made by outside manufacturers but were branded under its own name.
The product line of the firm is separated into two primary categories: LED televisions, monitors, and touch panels; and Security and Surveillance Solutions, which includes network cameras, high-definition analogue cameras, network video recorders, and digital video recorders.
Furthermore, Prizor Viztech provides video management software that unifies security features for users on a single screen in one place.
The business has effectively sold its goods in 17 states and two union territories in India, including the union territories of Jammu and Kashmir and the Andaman and Nicobar Islands, as well as the states of Andhra Pradesh, Assam, Delhi, Goa, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, and Maharashtra, Punjab, Rajasthan, Sikkim, Tamil Nadu, and Telangana.
Prizor Viztech has 29 regular employees working in different areas as of July 2024, which helps to ensure the business runs well and keeps expanding.
Peer Comparison
Dixon Technologies (India) Limited
D-Link India Limited
Vintron Informatics Limited
For More Information
Webstory on Prizor Viztech IPO
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Revenue from operations | 35.69 | 13.94 | 5.39 |
| EBITDA | 7.61 | 0.30 | 0.30 |
| PAT | 5.57 | 0.21 | 0.04 |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Total Assets | 24.62 | 8.63 | 5.39 |
| Share Capital | 0.80 | 0.80 | 0.80 |
| Total Borrowings | 9.65 | 5.33 | 3.13 |
| Particulars (in Rs. Crores) | FY24 | FY23 | FY22 |
|---|---|---|---|
| Net cash generated from / (used in) operating activities | -1.92 | -1.76 | -1.04 |
| Net cash from / (used in) investing activities | -1.86 | -0.19 | -0.03 |
| Net cash flow from / (used in) financing activities | 3.72 | 1.91 | 1.18 |
| Net increase (decrease) in cash and cash equivalents | -0.06 | -0.04 | 0.11 |
Strengths
1. Offers a wide range of security and surveillance solutions
2. Successfully distributed products across 17 states and 2 union territories in India.
3. Entered the market for televisions, touch panels, and monitors in 2022.
4. Caters to sectors such as retail, government, education, and infrastructure.
Risks
1. Operates in a competitive market.
2. Relies on third parties for manufacturing its branded product.
3. Vulnerable to economic fluctuations.
4. Subject to various regulatory requirements and compliance standards.
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FAQs
Prizor IPO opens from 12th July to 16th July 2024.
The size of Prizor IPO is ₹25.15 Cr.
The price band of Prizor IPO is fixed at ₹82 to ₹87 per share.
To apply for Prizor IPO, follow the steps given below:
● Login to your 5paisa account and select the issue in the current IPO section
● Enter the number of lots and the price at which you wish to apply for the Prizor IPO.
● Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.
You will receive a mandate notification to block funds in your UPI app.
The minimum lot size of the Prizor IPO is 1600 shares and the investment required is ₹1,39,200.
The share allotment date of Prizor IPO is 18th July 2024
The Prizor IPO will be listed on 22nd July 2024.
Shreni Shares Limited is the book-running lead manager for Prizor IPO.
Prizor plans to utilize the raised capital from the IPO to:
Capital expenditure requirements towards setting up of Display Centre and Inventory Storage.
Working Capital Requirements of the Company.
General corporate purposes.
Contact Information
Prizor VizTech
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 Register
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
Prizor VizTech IPO Lead Manager
Shreni Shares Limited
