The issue is entirely a fresh issue of 28.91 lakh shares.Prizor Viztech IPO is a book built issue of Rs 25.15 crores
Prizor Viztech IPO opens for subscription on July 12, 2024 and closes on July 16, 2024. The allotment for the Prizor Viztech IPO is expected to be finalized on Thursday, July 18, 2024. Prizor Viztech IPO will list on NSE SME with tentative listing date fixed as Monday, July 22, 2024.
Prizor Viztech IPO price band is set at ₹82 to ₹87 per share. The minimum lot size for an application is 1600 Shares. The minimum amount of investment required by retail investors is ₹139,200. The minimum lot size investment for HNI is 2 lots (3,200 shares) amounting to ₹278,400.
Shreni Shares Limited is the book running lead manager of the Prizor Viztech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for Prizor Viztech IPO is Rikhav Securities.
Refer to Prizor Viztech IPO RHP for detailed information.
About Prizor Viztech Limited
Incorporated in 2017, Prizor Viztech Limited provides security and surveillance solutions with a wide range of CCTV cameras for retail, government, education, and infrastructure. In 2022, the company expanded its product line to include televisions, touch panels, and monitors, all sold under its brand name and manufactured by third parties. Additionally, the company offers video management software that provides surveillance features to customers on a single monitor and location.
The company’s product portfolio is divided into two main parts:
- Security and Surveillance Solutions, including network cameras, high-definition analogue cameras, network video recorders, and digital video recorders; and
- LED televisions, Monitors & Touch Panels.
The company has supplied products across 17 states and 2 union territories in India, namely: Andhra Pradesh, Assam, Delhi, Goa, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal, as well as the union territories of Andaman and Nicobar Islands and Jammu and Kashmir.
Prizor Viztech IPO Details
| IPO Date | July 12, 2024 to July 16, 2024 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | ₹82 to ₹87 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,891,200 shares (aggregating up to ₹25.15 Cr) |
| Fresh Issue | 2,891,200 shares(aggregating up to ₹25.15 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,800,003 |
| Share holding post issue | 10,691,203 |
| Market Maker portion | 160,000 shares |
Prizor Viztech IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII (HNI) Shares Offered | Not less than 15% of the Net Issue |
Prizor Viztech IPO Anchor Investors Details
Prizor Viztech IPO raises Rs 7.09 crore from anchor investors. Prizor Viztech IPO Anchor bid date is July 11, 2024.| Bid Date | July 11, 2024 |
| Shares Offered | 814,400 |
| Anchor Portion Size (In Cr.) | 7.09 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 17, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 16, 2024 |
Prizor Viztech IPO Timeline (Tentative Schedule)
Prizor Viztech IPO opens on July 12, 2024, and closes on July 16, 2024.| IPO Open Date | Friday, July 12, 2024 |
| IPO Close Date | Tuesday, July 16, 2024 |
| Basis of Allotment | Thursday, July 18, 2024 |
| Initiation of Refunds | Friday, July 19, 2024 |
| Credit of Shares to Demat | Friday, July 19, 2024 |
| Listing Date | Monday, July 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 16, 2024 |
Prizor Viztech IPO Lot Size
Investors can bid for a minimum of 1600 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹139,200 |
| Retail (Max) | 1 | 1600 | ₹139,200 |
| HNI (Min) | 2 | 3,200 | ₹278,400 |
Prizor Viztech IPO Promoter Holding
The Promoters of the Company are Ms. Mitali Dasharathbharthi Gauswami and Mr. Gauswami Dasharathbharthi Gopalbharthi| Share Holding Pre Issue | 93.59% |
| Share Holding Post Issue | 68.28% |
Prizor Viztech Limited Financial Information (Restated)
Prizor Viztech Limited's revenue increased by 155.95% and profit after tax (PAT) rose by 2546.91% between the financial year ending with March 31, 2024 and March 31, 2023.| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 2,461.80 | 862.84 | 538.87 |
| Revenue | 3,568.62 | 1,394.29 | 870.47 |
| Profit After Tax | 557.44 | 21.06 | 3.60 |
| Net Worth | 666.20 | 108.76 | 87.70 |
| Reserves and Surplus | 586.20 | 28.76 | 7.70 |
| Total Borrowing | 964.86 | 532.84 | 313.28 |
Key Performance Indicator
The market capitalization of Prizor Viztech IPO is Rs 93.01 Cr.KPI as of March 31, 2024.
| KPI | Values |
|---|---|
| ROE | 143.86% |
| Debt/Equity | 1.45 |
| RoNW | 83.67% |
| P/BV | 9.67 |
| PAT Margin (%) | 15.63 |
Check Prizor Viztech IPO Peer Comparison here.
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.15 | 5.21 |
| P/E (x) | 12.17 | 16.69 |
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2024 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2024 that is available in RHP.
Objects of the Issue (Prizor Viztech IPO Objectives)
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
- Funding of capital expenditure requirements of the company towards setting up of Display Centre and Inventory Storage in Ahmedabad, Gujarat;
- Funding Working Capital Requirements of the company; and
- General corporate purposes.
Prizor Viztech Limited Contact Details
514, Maple Trade Centre, Nr.
Surdhara Circle
Thaltej, Ahmedabad- 380054,
Phone: +91 78618 04737
Email: investors@prizor.in
Website: https://www.prizor.in/
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