Bookbuilding IPO | ₹25 Cr | Listed at NSE SME | Fri, Jul 12, 2024 - Tue, Jul 16, 2024
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 per share. The lot size for an application is 1,600. The minimum amount of investment required by an retail is ₹1,39,200 (1600 shares) (based on upper price). The minimum lot size for investment in 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 Open
Fri, Jul 12, 2024
IPO Close
Tue, Jul 16, 2024
Issue Price
₹87 per share
Market Cap (Pre-IPO)
₹93.01 Cr
| IPO Date | 12 to 16 Jul, 2024 |
| Listed on | Mon, Jul 22, 2024 |
| Face Value | ₹10 per share |
| Price Band | ₹82 to ₹87 |
| Issue Price | ₹87 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 28,91,200 shares (agg. up to ₹25 Cr) |
| Reserved for Market Maker | 1,60,000 shares Rikhav Securities Ltd. (agg. up to ₹1 Cr) |
| Fresh Issue (Ex Market Maker) | 27,31,200 shares (agg. up to ₹24 Cr) |
| Net Offered to Public | 27,31,200 shares (agg. up to ₹24 Cr) |
| Share Holding Pre Issue | 78,00,003 shares |
| Share Holding Post Issue | 1,06,91,203 shares |
| NSE Symbol | PRIZOR |
| ISIN | INE0V9N01017 |
Prizor Viztech IPO comprises a total issue size of 28,91,200 shares. The net offer to the public is 27,31,200 shares, after excluding 1,60,000 shares allotted on a firm basis. Of the Net offer 13,58,400 (49.74%) are allocated to QIB, 4,12,800 (15.11%) allocated to NII 9,60,000 (35.15%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 13,58,400 | 49.74% | 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 | 15.11% | 14.28% |
| Retail Shares Offered | 9,60,000 | 35.15% | 33.20% |
| Firm Reservations | |||
| Market Maker Shares Offered | 1,60,000 | 5.53% | |
| Total Shares Offered | 28,91,200 | 100.00% | 100.00% |
Investors can bid for a minimum of 1,600 shares and in multiples thereof.
| 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 |
Prizor Viztech IPO raises ₹7.09 crore from anchor investors. Prizor Viztech IPO Anchor bid date is July 11, 2024.
📝 Anchor Investors Letter (PDF)
| Bid Date | Thu, Jul 11, 2024 |
| Shares Offered | 8,14,400 |
| Anchor Portion (₹ Cr.) | 7.09 |
| Anchor lock-in period end date for 50% shares (30 Days) | Sat, Aug 17, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | Wed, Oct 16, 2024 |
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.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
|---|---|---|---|
| Assets | 24.62 | 8.63 | 5.39 |
| Total Income | 35.69 | 13.94 | 8.70 |
| Profit After Tax | 5.57 | 0.21 | 0.04 |
| NET Worth | 6.66 | 1.09 | 0.88 |
| Reserves and Surplus | 5.86 | 0.29 | 0.08 |
| Total Borrowing | 9.65 | 5.33 | 3.13 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of capital expenditure requirements of the Company towards setting up of Display Centre and Inventory Storage in Ahmedabad, Gujarat; | 4.19 |
| 2 | Funding Working Capital Requirements of the Company; and | 14.00 |
| 3 | General corporate purposes | 4.82 |
| KPI | Mar 31, 2024 |
|---|---|
| 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 (₹) | 7.15 | 5.21 |
| P/E (x) | 12.17 | 16.69 |
| Promoter Holding | 93.59% | 68.28% |
| Market Cap | ₹93.01 Cr. |
The Prizor Viztech IPO is subscribed 219.45 times on July 16, 2024 6:20:00 PM (Day 3). The public issue subscribed 264.2 times in the retail category, 94.54 times in the QIB category, and 280 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) | Shares Offered | Shares bid for |
|---|---|---|---|
| QIB | 94.54 | 5,44,000 | 5,14,28,800 |
| NII* | 280 | 4,12,800 | 11,55,84,000 |
| Retail | 264.2 | 9,60,000 | 25,36,32,000 |
| Total | 219.45 | 19,16,800 | 42,06,44,800 |
Total Application : 1,58,520
*Market Maker portion is not included to NII/HNI.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead manager(s) fees including underwriting commission | 1.11 |
| 2 | Brokerage, selling commission and upload fees | 0.01 |
| 3 | Registrar to the Issue | 0.02 |
| 4 | Legal Advisors | 0.02 |
| 5 | Advertising and marketing expenses | 0.03 |
| 6 | Regulators including stock exchanges | 0.04 |
| 7 | Printing and distribution of issue stationary | 0.01 |
| 8 | Others, if any (market making, depositories, marketing fees, secretarial, consultancy, advisors, peer review auditors, etc.) | 0.91 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹87.00 |
| Open | ₹165.30 |
| Low | ₹165.30 |
| High | ₹173.55 |
| Last Trade | ₹173.55 |
Lead Manager Reports
Prizor Viztech IPO is a SME IPO of 28,91,200 equity shares of the face value of ₹10 aggregating up to ₹25 Crores. The issue is priced at ₹87 per share. The minimum order quantity is 1600.
The IPO opens on Fri, Jul 12, 2024, and closes on Tue, Jul 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 Fri, Jul 12, 2024 and closes on Tue, Jul 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 Fri, Jul 19, 2024. Check the Prizor Viztech IPO allotment status.
The Prizor Viztech IPO listing date is on Mon, Jul 22, 2024.
