Prizor Viztech - AstroIPO

Prizor Viztech IPO


July 11, 2024 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Prizor Viztech Ltd., an electronic components manufacturer in the electricals sector, is launching its IPO from July 12-16, 2024. The company aims to raise Rs. 23.71 – 25.15 crore through a book-building process, offering shares at Rs. 82-87 each.

Investors can apply for a minimum of 1600 shares, with a maximum retail subscription of Rs. 5 lakh. The IPO’s face value is Rs. 10, and 28.91 lakh shares are on offer.

Prizor Viztech Ltd. is set to list on the NSE on July 22, 2024, with an expected listing price of Rs. 165.30. This indicates a significant potential upside for early investors.

Prizor Viztech IPO Details

IPO Size 25.15
Price Range ₹82 to ₹87
Retail Quota 35%
QIB Quota 50%
NII Quota 15%
Employee Discount --
Listing at NSE
Minimum Quantity 1600
Investment (cut-off price) ₹139,200
Pre IPO Promotor Holding 93.59%
Post IPO Promotor Holding 68.28%
DHRP Draft Click Here
RHP Draft Click Here
Anchor Investors List Click Here

Prizor Viztech IPO Timelines

12/07/2024
Start Date
16/07/2024
End Date
18/07/2024
Allotment Date View Status
19/07/2024
Refund Initiation
19/07/2024
Credit of Shares to Demat Ac
22/07/2024
Listing Date

Prizor Viztech IPO Lot Size

Application Lot Size Shares Amount
Retail Minimum 1 1600 ₹139,200
Retail Maximum 1 1600 ₹139,200
S-HNI Minimum 2 3200 ₹278,400

Prizor Viztech IPO Subscription Status

QIB NII Retail EMP Total
94.54 x 281.04 x 268.76 x -- 221.96 x

IPO Performance on Listing Day

Opening Price Closing Price Day High Day Low
₹165.30 ₹173.55 ₹173.55 ₹165.30

Prizor Viztech IPO Company Financials

Year Total Income Total Expense PAT
FY 2022 ₹8.70 ₹8.68 ₹0.04
FY 2023 ₹13.94 ₹13.64 ₹0.21
FY 2024 ₹35.70 ₹28.08 ₹5.57

About Company

Prizor Viztech provides security and surveillance solutions. The company’s portfolio can be divided into two sections: Security and surveillance solutions (network cameras & high-definition analog cameras, network video recorders, and digital video recorders); and LED televisions, monitors & touch panels.

The CCTVs, touch panels, and monitors are manufactured by third parties and sold under Prizor’s brand name. It serves retail, education, and infrastructure companies and government institutions. The company also provides advanced video management software, besides assembling surveillance and security cameras designed for specific applications and needs.

Incorporation Date Sector Managing Director
2017 Electricals MITALI Gauswami

Know Before Investing

Prizor Viztech IPO Strengths

  • Offers a wide range of security and surveillance solutions
  • Successfully distributed products across 17 states and 2 union territories in India.
  • Entered the market for televisions, touch panels, and monitors in 2022.
  • Caters to sectors such as retail, government, education, and infrastructure.

Prizor Viztech IPO Risks

  • Operates in a competitive market.
  • Relies on third parties for manufacturing its branded product.
  • Vulnerable to economic fluctuations.
  • Subject to various regulatory requirements and compliance standards.

Swot Analysis for Prizor Viztech IPO

Strengths

Weaknesses

Opportunities

Threats

Company Details

Prizor Viztech Limited

514, Maple Trade Centre, Nr.
Surdhara Circle
Thaltej, Ahmedabad- 380054,

Phone: +91 78618 04737

Email: [email protected]

Website: https://www.prizor.in/

IPO Registar Details

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200

Email: [email protected]

Website: https://ipo.bigshareonline.com/ipo_status.html

FAQs

The key objectives of Prizor Viztech IPO are:

  • Capital expenditure requirements towards setting up of Display Centre and Inventory Storage.
  • Working Capital Requirements of the Company.
  • General corporate purposes.

Shreni Shares Pvt Ltd. is the book-running lead managers for the Prizor Viztech IPO.

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