Prizor Viztech was incorporated on February 10, 2017. The company is engaged in the business of providing security and surveillance solutions by offering a comprehensive range of CCTV cameras that serve different verticals like retail, government, educational, and infrastructure, among others.
| Bidding Dates |
|---|
| 12 Jul 2024 - 16 Jul 2024 |
| Subscription |
|---|
| 204.86x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,31,200 | 1 | 1 | 1600 | 2.9 M | ₹82 - ₹87 | 68.28 % | ₹237.1 M - ₹251.5 M | RHP DOC |
Prizor Viztech IPO SUBSCRIPTION STATUS
16 Jul '24Prizor Viztech IPO overall subscription rate was 204.86 times the total available shares
Prizor Viztech IPO retail subscription rate was 354.95 times in the retail segment
Prizor Viztech IPO non-institutional investor subscription rate was 372.41 times in the non-institutional investor category
Prizor Viztech IPO Qualified Institutional Bidder subscription rate was 49.53 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 15% | 50% |
16 Jul 2024 (Day 3) | 354.95x | 372.41x | 49.53x |
15 Jul 2024 (Day 2) | 123.1x | 74.48x | 1.04x |
12 Jul 2024 (Day 1) | 30.57x | 10.95x | 0x |
Prizor Viztech FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from Operations (Rs in millions) | Cash Flow from Operations (Rs in millions) | Free Cash Flow (Rs in millions) | Margins |
| FY24 | 55.7 | 356.5 | -19.2 | -37.8 | 23.1% |
| FY23 | 2.1 | 137.7 | -17.6 | -19.2 | 3.9% |
| FY22 | 0.4 | 86.8 | -10.4 | -10.7 | 2.2% |
Prizor Viztech IPO SUBSCRIPTION STATUS DETAILS
Prizor Viztech had 2.9 M shares on offer
Prizor Viztech IPO offer price was in the range ₹82 - ₹87
Prizor Viztech IPO minimum Investment was ₹131200
Prizor Viztech IPO issue size was ₹ 237.1 M - ₹ 251.5 M
Prizor Viztech had a minimum lot size of 1600 Shares per application
Prizor Viztech NUMBER OF SHARES ON OFFER
Prizor Viztech IPO IMPORTANT DATES
| Issue Open Date | 12 Jul 2024 |
| Issue close Date | 16 Jul 2024 |
| Allotment Date | 18 Jul 2024 |
| Refund Date | 19 Jul 2024 |
| Demat Account Credit Date | 19 Jul 2024 |
| Listing Date | 22 Jul 2024 |
| Listing on Exchange(s) | NSE |
| Prizor Viztech Allotment Status | Exchange |
Prizor Viztech IPO subscription opened on 12 Jul 2024, and closed on 16 Jul 2024
IPO allotment for Prizor Viztech was finalized on Thursday, 18 Jul 2024
IPO listing for Prizor Viztech was on NSE on Monday, 22 Jul 2024
Prizor Viztech IPO LISTING GAINS
| Issue Price (adjusted) | 87.0 |
| Listing Open Price | 165.3 |
| Listing Close Price | 0.0 |
| Listing Gain% | 90.0% |
| Current Gain% | 933.3% |
Prizor Viztech Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Prizor Viztech Ltd. | 899 | 961.1 | 46.8 | 0.5 | 6.5 | 28 | 14.7 | 148.1 | 108.2 | 20.8 | 104.5 | 19.2 | 102.5 |
| LG Electronics India Ltd. | 1586.5 | 107687.2 | 63.9 | -2.7 | 4.4 | 22 | 12.4 | 24932.8 | 1.2 | 1685.1 | -23.5 | 24.8 | -23.5 |
| Dixon Technologies (India) Ltd. | 14200 | 86821.8 | 46.3 | 0.8 | 1.7 | 30.8 | 7.5 | 49585.8 | 27.5 | 1438.6 | 31.3 | 307 | 58.2 |
| Voltas Ltd. | 1285 | 42518.7 | 113.1 | -2 | 3 | 5.9 | 2.6 | 14482.6 | -8 | 375.9 | -55.3 | 11.4 | -55.3 |
| Blue Star Ltd. | 1514 | 31130.1 | 61.1 | -9.7 | 2.4 | 15.4 | 6.2 | 12463.9 | 3.5 | 527.7 | -10.8 | 24.8 | -6.3 |
| Amber Enterprises India Ltd. | 7435 | 26221.6 | 147.6 | -5.5 | 2.2 | 4.1 | 1.3 | 12306.6 | 22.5 | 177.6 | -27.1 | 50.4 | -27.1 |
Prizor Viztech INFORMATION ON IPO ISSUE
About Prizor Viztech
Prizor Viztech was incorporated on February 10, 2017. The company is engaged in the business of providing security and surveillance solutions by offering a comprehensive range of CCTV cameras that serve different verticals like retail, government, educational, and infrastructure, among others.
Object of the Issue
- 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
- General corporate purposes
Prizor Viztech - PROMOTERS
| Name |
|---|
| Mitali Dasharathbharthi Gauswami |
| Gauswami Dasharathbharthi Gopalbharthi |
Prizor Viztech Lead Manager of the Issue
Sherni Shares Limited
shrenishares@gmail.com
Prizor Viztech Registrar to the issue
Bigshare Services Private Limited
ipo@bigshareonline.com
Prizor Viztech Strengths
Wide product portfolio
The company has a wide range of product portfolios having applications across different verticals like retail, government, educational, and infrastructure sectors. It works with its suppliers to ensure that the customers have access to the latest surveillance and television products available on the market
High standard
The company has been accredited with management system certificates for compliance with ISO 9001:2015 and ISO 14001:2015. It also has ISO 27001:2013 certification for ‘Information Security Management System Standard’ and quality certifications from the Bureau of Indian Standards IS 13252 & IS 616 for CCTV and television products
Prizor Viztech Risks
Dependent on key customers
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 the profitability and results of operations
Certain outstanding litigation
The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect the business, reputation, and results of operations
IPO FAQs
The promoters of the company are Mitali Dasharathbharthi Gauswami and Gauswami Dasharathbharthi Gopalbharthi.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 82.0 - 87.0.
The IPO application opens on Jul 12, 2024 and closes on Jul 16, 2024.
The minimum lot size for the IPO is 1600. The maximum lot size for the IPO is 1600.
For all category investors, the minimum application amount for this IPO is Rs. 131,200.0, the maximum value for this IPO is Rs 139,200.0.
This IPO will be allotted on Jul 18, 2024.
The refund will be credited to your account on Jul 19, 2024.
The allotted shares will be credited to your demat on Jul 19, 2024.
Prizor Viztech Ltd.’s shares listed on the stock exchanges on Jul 22, 2024.