Prizor Viztech Limited
IPO Details
Subscription
Lot Distribution
Reservation
Company Fin.
₹105(120.69%)
Premium (ELP)
The Initial Public Offering of Prizor Viztech Limited's culminated in its successful listing on Jul 22, 2024 at the NSE trading platform. The company secured 28,91,200 Shares through this capital market exercise, with 28,91,200 Shares allocated to new capital formation.
Investors participated within the price parameters of ₹82 to ₹87, with minimum investment requirements of 1600 shares. The subscription period from Jul 12, 2024 to Jul 16, 2024 witnessed active investor engagement across categories.
Following the subscription closure, share allotment was processed on Jul 18, 2024. The subsequent listing established a public market for the company's shares, enabling price discovery and secondary market trading for investors.
Investors can bid starting from the minimum lot size specified for this IPO, and only in multiples of that lot size. The table below shows the minimum and maximum investment for retail investors and HNIs in terms of lots, quantity, and amount.
Incorporated in 2017, Prizor Viztech Limited provides comprehensive security and surveillance solutions, including CCTV cameras, network video recorders, and digital video recorders for sectors such as retail, government, education, and infrastructure. In 2022, the company expanded into LED televisions, monitors, and touch panels, complemented by advanced video management software. Its products are distributed across 17 states and 2 union territories in India, and its workshops hold ISO 9001:2015, ISO 14001:2015, and ISO 27001:2013 certifications. As of July 2024, Prizor Viztech employs 29 permanent staff.
Note : "Calculations for ‘Shares Offered’ and ‘Total Amount’ are based on the highest price in the issue price band."
- Wide Product Range: Prizor Viztech Limited offers a variety of products used in different industries.
- Trusted Clients: The company has built strong, long-term relationships with its clients.
- Top-Quality Products: Prizor Viztech delivers high-quality products, making customer satisfaction a top priority.
- Customer Dependence: The company earns a large part of its income from a few key customers. If these customers stop working with the company, profits could be affected.
- Related Party Transactions: Deals with related parties (like family members or businesses connected to the company) may create conflicts of interest and affect shareholder trust.
- Unregistered Property Acquisition: The company plans to buy shops that are not officially registered in its name, which could lead to legal or business risks.
- Ms. Mitali Dasharathbharthi Gauswami
- Mr. Gauswami Dasharathbharthi Gopalbharthi
Prizor Viztech Limited
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