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Prizor Viztech IPO is a book build issue of ₹25.15 crores. The issue is entirely a fresh issue of 0.29 crore shares of ₹25.15 crore.
Prizor Viztech IPO bidding started from Jul 12, 2024 and ended on Jul 16, 2024. The allotment for Prizor Viztech IPO was finalized on Jul 18, 2024. The shares got listed on NSE SME on Jul 22, 2024.
Prizor Viztech IPO price band is set at ₹87.00 per share . The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,31,200 (1600 shares). The minimum lot size investment for HNI is 2 lots (3,200 shares), amounting to ₹2,78,400.
Shreni Shares Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Rikhav Securities Ltd..
Refer to Prizor Viztech IPO RHP for detailed Information.
| IPO Date | July 12, 2024 to July 16, 2024 |
| Listing Date | July 22, 2024 |
| Face Value | ₹10 per share |
| Issue Price Band | ₹82 to ₹87 per share |
| Issue Price Final | ₹87 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital |
| Total Issue Size | 28,91,200 shares (aggregating up to ₹25.15 Cr) |
| Reserved for Market Maker | 1,60,000 shares Rikhav Securities Ltd. (aggregating up to ₹1.39 Cr) |
| Net Offered to Public | 27,31,200 shares (aggregating up to ₹23.76 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 78,00,003 shares |
| Share Holding Post Issue | 1,06,91,203 shares |
Prizor Viztech IPO offers total 28,91,200 shares. Out of which 13,58,400 (46.98%) allocated to QIB, 5,44,000 (18.82%) allocated to QIB, 4,12,800 (14.28%) allocated to NII, 9,60,000 (33.20%) allocated to RII and 8,14,400 (28.17%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,60,000 (5.53%) |
| QIB Shares Offered | 13,58,400 (46.98%) |
| − Anchor Investor Shares Offered | 8,14,400 (28.17%) |
| − QIB (Ex. Anchor) Shares Offered | 5,44,000 (18.82%) |
| NII (HNI) Shares Offered | 4,12,800 (14.28%) |
| Retail Shares Offered | 9,60,000 (33.20%) |
| Total Shares Offered | 28,91,200 (100.00%) |
Prizor Viztech IPO raises ₹7.09 crore from anchor investors. Prizor Viztech IPO Anchor bid date is July 11, 2024. Prizor Viztech IPO Anchor Investors list
| Bid Date | July 11, 2024 |
| Shares Offered | 8,14,400 |
| 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 opens on July 12, 2024, and closes on July 16, 2024.
| IPO Open Date | Fri, Jul 12, 2024 |
| IPO Close Date | Tue, Jul 16, 2024 |
| Tentative Allotment | Thu, Jul 18, 2024 |
| Initiation of Refunds | Fri, Jul 19, 2024 |
| Credit of Shares to Demat | Fri, Jul 19, 2024 |
| Tentative Listing Date | Mon, Jul 22, 2024 |
| Cut-off time for UPI mandate confirmation | 5 PM on Tue, Jul 16, 2024 |
Investors can bid for a minimum of 1,600 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹1,39,200 |
| Retail (Max) | 1 | 1,600 | ₹1,39,200 |
| HNI (Min) | 2 | 3,200 | ₹2,78,400 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
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:
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 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 |
| Total Income | 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 |
| Amount in ₹ Lakhs | |||
The market capitalization of Prizor Viztech IPO is ₹93.01 Cr.
KPI as of Sun, Mar 31, 2024.
| KPI | Values |
|---|---|
| ROE | 143.86% |
| Debt/Equity | 1.45 |
| RoNW | 83.67% |
| PAT Margin | 15.63% |
| Price to Book Value | 9.67 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.15 | 5.21 |
| P/E (x) | 12.17 | 16.69 |
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
[Dilip Davda] The company is operating in a highly competitive and fragmented segments. The company marked average financial performance till FY23 and posted a sudden boost in its top and bottom lines for FY24. Based on pre-IPO year super earnings, the issue appears aggressively priced at fancy valuations. There is no harm in skipping this pricey offer. Read detail review...
| Listing Date | July 22, 2024 |
| BSE Script Code | |
| NSE Symbol | PRIZOR |
| ISIN | INE0V9N01017 |
| Final Issue Price | ₹87 per share |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹87.00 |
| Open | ₹165.30 |
| Low | ₹165.30 |
| High | ₹173.55 |
| Last Trade | ₹173.55 |
Prizor Viztech Ltd.
514, Maple Trade Centre, Nr.
Surdhara Circle
Thaltej,
Ahmedabad, Gujarat, 380054
Phone: +91 78618 04737
Email: investors@prizor.in
Website: https://www.prizor.in/
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
Prizor Viztech IPO is a SME IPO of 28,91,200 equity shares of the face value of ₹10 aggregating up to ₹25.15 Crores. The issue is priced at ₹87 per share. The minimum order quantity is 1600.
The IPO opens on July 12, 2024, and closes on July 16, 2024.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Prizor Viztech IPO using UPI as a payment gateway. Zerodha customers can apply in Prizor Viztech IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Prizor Viztech IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Prizor Viztech IPO opens on July 12, 2024 and closes on July 16, 2024.
Prizor Viztech IPO lot size is 1600, and the minimum amount required for application is ₹1,39,200.
You can apply in Prizor Viztech IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Prizor Viztech IPO will be done on Thursday, July 18, 2024, and the allotted shares will be credited to your demat account by Friday, July 19, 2024. Check the Prizor Viztech IPO allotment status.
The Prizor Viztech IPO listing date is on Monday, July 22, 2024.
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