IPO Issue Details
Issue Price / Price Band₹87 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size1,600 Shares per Lot
Total Issue Size28,91,200 shares (aggregating up to ₹25.15 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformNSE SME
IPO TypeSME
Subscription OpenFri, 12 Jul 2024
Subscription CloseTue, 16 Jul 2024
Anchor AllotmentThu, 11 Jul 2024
Basis of AllotmentThu, 18 Jul 2024
Initiation of RefundsFri, 19 Jul 2024
Credit of Shares to DematFri, 19 Jul 2024
Listing DateMon, 22 Jul 2024
UPI Mandate Deadline2024-07-16
Application & Investment Details
Retail — Min (1 Lots)₹1,39,200 — 1,600 shares
Retail — Max (13 Lots)₹1,809,600 (13 Lots)
HNI — Min (2 Lots)₹2,78,400 — 3,200 shares
EPS (Pre-IPO)₹7.15
EPS (Post-IPO)₹5.21
P/E Ratio (Pre-IPO)12.17x
P/E Ratio (Post-IPO)16.69x
Net Offer to Public27,31,200 shares (aggregating up to ₹23.76 Cr)
Reserved for Market Maker1,60,000 shares (aggregating up to ₹1.39 Cr)
Pre-IPO Promoter Holding78,00,003 shares
Post-IPO Promoter Holding1,06,91,203 shares
About Prizor Viztech Ltd.
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; andLED 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.The company's workshops are accredited with ISO 9001:2015 and ISO 14001:2015. Additionally, the company holds ISO 27001:2013 certification for the 'Information Security Management System Standard,' showcasing our commitment to data security and safeguarding sensitive information.As of July 2024, the company has 29 permanent employees in various departments.
Objects of the Issue
Prizor Viztech Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
Funding of capital expenditure requirements of the company towards setting up of Display Centre and Inventory Storage in Ahmedabad, Gujarat;
2
Funding Working Capital Requirements of the company; and
3
General corporate purposes.
Shareholding & Lock-in
Pre-IPO Promoter Holding
78,00,003 shares
Post-IPO Promoter Holding
1,06,91,203 shares