Prizor Viztech Ltd IPO
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Prizor Viztech Ltd IPO Details
Details
| Total Shares Offered | Offer to Public | Retail Max (Shares) | Pre Issue Promoters Holding | Exchange | Issue size |
|---|---|---|---|---|---|
| ₹ 28.91 L | TBA | ₹ 9.6 L | ₹ 73 L | NSE | ₹ 25.15 Cr |
| IPO Open Date | Close Date | Lot Size | Min Investment | Issue Type | Listing Date |
| 12 Jul, 24 | 16 Jul, 24 | 1600 | ₹ 1,31,200 | Book Building - SME | 22 Jul, 24 |
Prizor Viztech Ltd IPO Dates
Details
| Sector | Type |
|---|---|
| Sector | Electronics - Consumer |
| Sub Sector | NA |
| Issue Type | Book Building - SME |
Subscription Status
*Values are in Lakhs
| Investor Type | Subscription Times | Shares Offered* | Shares Bid* |
|---|---|---|---|
| QIB | 0x | 1358400 | 0 |
| NII | 0x | 412800 | 0 |
| Retail | 0x | 960000 | 0 |
| Employee | 0x | 0 | 0 |
| Total | 0x | 2891200 | 0 |
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) | FY23 | FY22 | FY21 |
|---|---|---|---|
| Revenue from operations | 7.66 | 0.39 | 0.11 |
| EBITDA | 7.71 | 0.48 | 0.19 |
| PAT | 5.57 | 0.21 | 0.04 |
| Total Assets | 22.56 | 8.38 | 5.24 |
| Share Capital | 0.80 | 0.80 | 0.80 |
| Total Borrowings | 5.78 | 0.73 | 0.52 |
| Operating Activities (Net Cash) | 5.62 | 0.30 | 0.12 |
| Investing Activities (Net Cash) | 0.00 | 0.00 | 0.00 |
| Financing Activities (Net Cash) | 5.78 | 0.73 | 0.52 |
| Net Cashflow | 0.02 | 0.08 | 0.12 |
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.
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.
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 IPO 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.