Prizor Viztech IPO Date, Review, Price, Allotment Details

Prizor Viztech IPO is a book-built issue valued at Rs 25.15 crores, consisting entirely of a fresh issue of 28.91 lakh shares.

The IPO opens for subscription on July 12, 2024, and closes on July 16, 2024. The allotment is expected to be finalized on July 18, 2024. Prizor Viztech will list on the NSE SME with a tentative listing date of July 22, 2024.

The IPO price band is set between ₹82 and ₹87 per share. The minimum lot size for an application is 1600 shares, requiring a minimum investment of ₹139,200 for retail investors. For high net worth individuals (HNI), the minimum investment is 2 lots (3200 shares), amounting to ₹278,400.

Founded in 2017, Prizor Viztech specializes in security and surveillance solutions, offering a wide range of CCTV cameras for sectors such as retail, government, education, and infrastructure. In 2022, they expanded their product portfolio to include televisions, touch panels, and monitors, manufactured by third parties and sold under their brand name. The company also provides video management software that integrates surveillance features into a single monitor and location for their customers.

Prizor Viztech’s product portfolio is divided into two main 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.

The company 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.

Prizor Viztech IPO Objectives:

The company plans to utilize the net proceeds from the issue for the following purposes:

Funding capital expenditure for setting up a display center and inventory storage in Ahmedabad, Gujarat.

Funding working capital requirements.

General corporate purposes.

Prizor Viztech IPO Review (Apply or Not):

Update coming soon.

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Prizor Viztech IPO Date & Price Details

IPO Open:	July 12, 2024
IPO Close:	July 16, 2024
IPO Size:	Approx ₹25.15 Crores, 2,891,200 Equity Shares
Face Value:	₹10 Per Equity Share
IPO Price Band:	₹82 to ₹87 Per Equity Share
IPO Listing on:	NSE SME
Retail Quota:	35% of the net offer
QIB Quota:	50% of the net offer
NII Quota:	15% of the net offer

Prizor Viztech IPO Lot Size:

Investors can bid for a minimum of 1600 shares and in multiples thereof. The table below shows the minimum and maximum investment amounts for retail investors and high net worth individuals (HNI) in terms of shares and total investment amount.

Application	Lots	Shares	Amount
Retail (Min)	1	1600	₹ 1,39,200
Retail (Max)	1	1600	₹ 1,39,200
HNI (Min)	2	3,200	₹ 2,78,400

Prizor Viztech IPO Timeline:

The Prizor Viztech IPO will open on July 12 and close on July 16. The allotment date is scheduled for July 18, with the listing expected on July 22.

IPO Open Date:	July 12, 2024
IPO Close Date:	July 16, 2024
Basis of Allotment:	July 18, 2024
Refunds:	July 19, 2024
Credit to Demat Account:	July 19, 2024
IPO Listing Date:	July 22, 2024

Prizor Viztech IPO GMP Today:

The Grey Market Premium (GMP) for the Prizor Viztech SME IPO has not commenced yet. We are actively monitoring and updating the GMP information daily. Please check back with us for the latest updates on the Grey Market Premium.

Prizor Viztech Limited Financial

Between the financial year ending March 31, 2023, and March 31, 2024, Prizor Viztech Limited’s revenue increased by 155.95%, and profit after tax (PAT) surged by 2546.91%.

			Amount in ₹ Lakhs
Period Ended	31-Mar-24	31-Mar-23	31-Mar-22
Assets	2,461.80	862.84	538.87
Revenue	3,568.62	1,394.29	870.47
Profit After Tax	557.44	21.06	3.6
Net Worth	666.2	108.76	87.7
Reserves and Surplus	586.2	28.76	7.7
Total Borrowing	964.86	532.84	313.28

Prizor Viztech IPO Valuation

Explore Prizor Viztech IPO valuation details, including Earnings Per Share (EPS), Price/Earnings (P/E) Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV).

Key Performance Indicator:

As of March 31, 2024, the market capitalization of Prizor Viztech IPO is Rs 93.01 crore.

KPI	Values
ROE	143.86%
Debt/Equity	1.45
RoNW	83.67%
P/BV	9.67
PAT Margin (%)	15.63

Peer Group:

Company Promoters:

Prizor Viztech IPO Registrar:

Prizor Viztech IPO Allotment Status:

Check Prizor Viztech IPO allotment status on the Bigshare website. Click Here

Prizor Viztech IPO Lead Managers (Merchant Bankers):

Prizor Viztech IPO FAQs:

What is Prizor Viztech IPO?

Prizor Viztech IPO is an NSE SME IPO, raising ₹25.15 crores. The issue is priced at ₹82 to ₹87 per equity share and will be listed on the NSE.

When will Prizor Viztech IPO open?

The IPO opens on July 12, 2024, for QIB, NII, and retail investors.

What is the investors’ portion for Prizor Viztech IPO?

The investors’ portion is 50% for QIB, 15% for NII, and 35% for retail investors.

How to apply for the Prizor Viztech IPO?

You can apply for the Prizor Viztech IPO via ASBA online through your bank account, UPI via stock brokers, or by filling out an offline form with your stock broker.

How to apply for the Prizor Viztech IPO through Zerodha?

Log in to Console on the Zerodha website or app. Go to Portfolio and click on IPO. Select “Prizor Viztech” and click on Bid. Enter your UPI ID, quantity, and price, then submit the IPO application form. Approve the mandate in your UPI app or net banking.

How to apply for the Prizor Viztech IPO through Upstox?

Log in to the Upstox app. Select the IPO and click on Bid. Confirm your application, then approve the mandate in your UPI app or net banking.

How to apply for the Prizor Viztech IPO through Paytm Money?

Log in to the Paytm Money app. Select the IPO and click on Bid. Confirm your application, then approve the mandate in your UPI app or net banking.