Prizor Viztech Ltd IPO

Prizor Viztech Limited is engaged in the business of providing security and surveillance solutions by offering comprehensive range of CCTV cameras which serves different verticals like retail, government, educational and infrastructure, among others. The Company in the year 2022 expanded its product portfolio by selling different sizes and features of televisions, touch panels and monitors manufactured by third parties under its brand name. The Company also provides services including video management software which provides surveillance feature to its customers in a single monitor and location.

Open Demat Account

50years

Prizor Viztech Ltd IPO Details

Details

Total Shares OfferedOffer to PublicRetail Max (Shares)Pre Issue Promoters HoldingExchangeIssue size
28.91 LTBA9.6 L73 LNSE₹ 25.15 Cr
IPO Open DateClose DateLot SizeMin InvestmentIssue TypeListing Date
12 Jul, 2416 Jul, 241600 ₹ 1,31,200 Book Building - SME22 Jul, 24

Prizor Viztech Ltd IPO Dates

  • 12 Jul 2024

    Opening date

  • 16 Jul 2024

    Closing date

  • 18 Jul 2024

    Basis of
    Allotment

  • 19 Jul 2024

    Initiation of
    Refunds

  • 19 Jul 2024

    Credit of
    Shares

  • 22 Jul 2024

    Listing date

Details

SectorType
SectorElectronics - Consumer
Sub SectorNA
Issue TypeBook Building - SME

Subscription Status

*Values are in Lakhs

Investor TypeSubscription TimesShares Offered*Shares Bid*
QIB0x13584000
NII0x4128000
Retail0x9600000
Employee0x00
Total0x28912000

Subscription Status

Investor Type

QIB

NII

Retail

Employee

Total

*Values are in Lakhs

Prizor Viztech Ltd Financial Status

Income Statement

Balance Sheet

Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations7.660.390.11
EBITDA7.710.480.19
PAT5.570.210.04
Total Assets22.568.385.24
Share Capital0.800.800.80
Total Borrowings5.780.730.52
Operating Activities (Net Cash)5.620.300.12
Investing Activities (Net Cash)0.000.000.00
Financing Activities (Net Cash)5.780.730.52
Net Cashflow0.020.080.12

Particulars (in Rs. Crores)

Revenue from operations

EBITDA

PAT

Total Assets

Share Capital

Total Borrowings

Operating Activities (Net Cash)

Investing Activities (Net Cash)

Financing Activities (Net Cash)

Net Cashflow

About Prizor Viztech Ltd

Prizor Viztech Limited was originally incorporated on February 10, 2017 under the name Prizor Viztech Private Limited under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of the Company was changed to public limited Company and the name of the Company was changed to Prizor Viztech Limited vide Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting of the Company held on September 21, 2021. The fresh certificate of incorporation consequent to conversion was issued on October 13, 2021 by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of the Company is U26401GJ2017PLC095719.

The Indian electronics system design and manufacturing (ESDM) sector is one of the fastest growing sectors in the economy and is witnessing a strong expansion in the country. The Electronics System Design & Manufacturing (ESDM) industry includes electronic hardware products and components relating to information technology (IT), office automation, telecom, consumer electronics, aviation, aerospace, defence, solar photovoltaic, nano electronics and medical electronics.

Peer Comparison:

  • Vintron Informatics Ltd
  • D-Link India Ltd
  • Dixon Technologies (India) Ltd

Prizor Viztech Ltd IPO Key Points

Strengths

  • Wide product portfolio having applications across industry verticals.
  • Well established relationship with clients.
  • High standard of product quality.
  • Leveraging the experience of its Promoter and Directors.
  • Strong Marketing Practices.

Risk

  • The company is highly dependent on certain key customers for a substantial portion of its revenues. Loss of relationship with any of these customers may have a material adverse effect on its profitability and results of operations.
  • The Company has entered into related party transactions in the past and may continue to enter into related party transactions in the future, which may potentially involve conflicts of interest with the equity shareholders.
  • The company propose to deploy a part of the Net Proceeds towards acquisition of shops which is not registered in the name of the Company.

Strategy

  • Setting up of Display Centre for brand awareness.
  • Strengthen relationships with its existing customers and expand customer base.
  • Continuing innovation and strengthening the R&D capacity.
  • Focus on dealing in quality standard products.
  • Wide product portfolio having applications across industry verticals.
  • Well established relationship with clients.
  • High standard of product quality.
  • Leveraging the experience of its Promoter and Directors.
  • Strong Marketing Practices.

How To Apply for Prizor Viztech Ltd Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

Get your FAQs right

Prizor Viztech Ltd's IPO offers shares for up to ₹ 0 L It begins on Jul 12, 2024 and ends on Jul 16, 2024.

The price of Prizor Viztech Ltd IPO ranges between ₹82 to ₹87 per share.

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

The allotment for the Prizor Viztech Ltd IPO will be finalised on Jul 18, 2024. The shares will be listed on BSE and NSE on Jul 22, 2024.

The minimum lot size for Prizor Viztech Ltd IPO is 1600 shares, priced between ₹82 to ₹87 per share.

The GMP (Grey Market Premium) of Prizor Viztech Ltd IPO fluctuates based on market demand and sentiment.

To check the allotment status of Prizor Viztech Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

The Prizor Viztech Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Jul 12, 2024, and closes on Jul 16, 2024. The allotment is finalised on Jul 18, 2024.

To apply for the Prizor Viztech Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.