Prizor Viztech Limited IPO
- IPO Date12 Jul, 2024 to 16 Jul, 2024
- Listing Date22 Jul, 2024
- Face Value₹10 per share
- Issue Price₹82 to ₹87 per share
- Lot Size1600 Shares
- Minimum Investment₹1,39,200
- Listing AtNSE SME
- Total Issue Size28,91,200 Shares
(aggregating up to ₹25.15 Cr) - Fresh Issue28,91,200 Shares
(aggregating up to ₹25.15 Cr)
- Offer for Sale-
- Issue TypeBook Built Issue IPO
- Share holding pre issue78,00,003
- Shareholding post issue1,06,91,203
IPO Dates
Closing Date
16 Jul, 2024
Initiation of Refunds
19 Jul, 2024
Listing Date
22 Jul, 2024
12 Jul, 2024
Opening Date
18 Jul, 2024
Basis of Allotment
19 Jul, 2024
Credit of Shares
Prizor Viztech Limited 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 |
|---|---|---|---|
| S-HNI (Min) | 2 | 3200 | ₹2,78,400 |
| Retail (Max) | 1 | 1600 | ₹1,39,200 |
| S-HNI (Max) | - | - | - |
| Retail (Min) | 1 | 1600 | ₹1,39,200 |
| B-HNI (Min) | - | - | - |
Prizor Viztech Limited Promoter Holding
The Promoters of the Company are Ms. Mitali Dasharathbharthi Gauswami and Mr. Gauswami Dasharathbharthi Gopalbharthi
| Pre Issue Share Holding | Post Issue Share Holding |
|---|---|
| 93.59% | 68.28% |
Prizor Viztech Limited COMPANY INFORMATION
Prizor Viztech IPO is a book built issue of Rs 25.15 crores. The issue is entirely a fresh issue of 28.91 lakh shares. 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.
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.
Overview of Prizor Viztech Limited's Red Herring Prospectus
Prizor Viztech Limited's Red Herring Prospectus provides a comprehensive insight into the company's Initial Public Offer (IPO) of equity shares. The document outlines various financial details, including cash flow statements, equity share capital history, and information about the company's promoters.
Pros of Prizor Viztech Limited's IPO
- Detailed Financial InformationThe document offers detailed financial information, providing potential investors with a clear understanding of the company's financial health.
- Incorporation DetailsIt includes information about the company's incorporation, authorized share capital, and the Book Building Process for the issue.
- Responsibilities and Listing ProcessThe document outlines the responsibilities of the company and the process for listing the equity shares, ensuring transparency for potential investors.
Cons of Prizor Viztech Limited's IPO
- Complex TerminologyThe document contains complex financial and legal terminology, which may be challenging for novice investors to comprehend.
- Lengthy ContentThe extensive nature of the document might overwhelm some readers, potentially leading to important details being overlooked.
- Risk FactorsWhile essential, the section on risk factors may raise concerns among potential investors, impacting their decision-making process.
SEO-Optimized Content
Prizor Viztech Limited's Red Herring Prospectus offers a detailed overview of the company's IPO, providing valuable insights for potential investors. The document includes comprehensive financial information, details about the company's incorporation, and the responsibilities of the company. However, the presence of complex terminology and extensive content may pose challenges for some readers.
Conclusion
In conclusion, Prizor Viztech Limited's Red Herring Prospectus serves as a valuable resource for investors seeking to participate in the company's IPO. While it provides in-depth financial details and transparency, the document's complexity and length may require careful consideration to ensure a thorough understanding of the information presented.
FAQs About Prizor Viztech Limited Ipo
Prizor Viztech Limited IPO will open on 12 Jul, 2024 and close on 16 Jul, 2024. Investors must apply within this period to participate.
The Prizor Viztech Limited IPO price band is set between ₹82.00 and ₹87.00 per share. The minimum lot size is 1600, requiring an investment of at least ₹139200.00.
The Prizor Viztech Limited IPO shares are expected to be listed on 22 Jul, 2024, subject to regulatory approvals and final allotment.
You can track your Prizor Viztech Limited IPO application status on the registrar’s website: Link Intime or KFintech using your PAN, application number, or DP ID
The Prizor Viztech Limited IPO will be listed on major stock exchanges such as BSE, where you can trade shares once they are listed.