Prizor Viztech Ltd
Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Prizor Viztech Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
IPO Snapshot
Key metrics and details at a glance.
Price Band
₹87
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,39,200
Issue Size
₹25.15 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.15%
QIB Quota
49.74%
NII Quota
15.11%
IPO Timeline
Important dates for your applying strategy.
Subscription Status
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Prizor Viztech Ltd
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
93.59%
Promoter Holding (Post-Issue)
68.28%
Issue Type
Book Building - SME
ISIN
INE0V9N01017
About the Company
Prizor Viztech Limited is engaged in the business of providing security and surveillance solutions by offering comprehensive range of CCTV cameras which serves different verticals like retail, government, educational and infrastructure, among others. The Company in the year 2022 expanded its product portfolio by selling different sizes and features of televisions, touch panels and monitors manufactured by third parties under its brand name. The Company also provides services including video management software which provides surveillance feature to its customers in a single monitor and location.
Industry Overview
The Indian electronics system design and manufacturing (ESDM) sector is one of the fastest growing sectors in the economy and is witnessing a strong expansion in the country. The Electronics System Design & Manufacturing (ESDM) industry includes electronic hardware products and components relating to information technology (IT), office automation, telecom, consumer electronics, aviation, aerospace, defence, solar photovoltaic, nano electronics and medical electronics.
Company History
Prizor Viztech Limited was originally incorporated on February 10, 2017 under the name "Prizor Viztech Private Limited" under the provisions of the Companies Act, 2013 with the Registrar of Companies, Central Registration Centre. Subsequently, the status of the Company was changed to public limited Company and the name of the Company was changed to "Prizor Viztech Limited" vide Special Resolution passed by the Shareholders at the Extra-Ordinary General Meeting of the Company held on September 21, 2021. The fresh certificate of incorporation consequent to conversion was issued on October 13, 2021 by the Registrar of Companies, Ahmedabad. The Corporate Identification Number of the Company is U26401GJ2017PLC095719.
Products & Services
- Prizor Viztech Limited is engaged in the business of providing security and surveillance solutions by offering comprehensive range of CCTV cameras which serves different verticals like retail, government, educational and infrastructure, among others.
Growth Strategy
- Setting up of Display Centre for brand awareness.
- Strengthen relationships with its existing customers and expand customer base.
- Continuing innovation and strengthening the R&D capacity.
- Focus on dealing in quality standard products.
Customer Base
Wholesaler and Retailer
Financial Performance
Revenue, profit after tax and total assets across the last 2 reported financial years.
Revenue
Amount in ₹ crore
Profit After Tax (PAT)
Amount in ₹ crore
Total Assets
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY25.
Objects of the Issue
How the company plans to utilize IPO proceeds.
Use of Proceeds
The funds raised through this IPO will be used for:
Initial public offer of upto 28,91,200 equity shares of face value of Rs. 10/- each (the "Equity Shares") of Prizor Viztech Limited ("The Company" or "Prizor" or "The Issuer") for cash at a price of Rs. 87 per equity share including a share premium of Rs. 77 per equity share (the "Issue Price") aggregating to Rs. 25.15 crores ("The Issue"), of which upto 1,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 87 per equity share including a share premium of Rs. 77 per equity share aggregating to Rs. 1.39 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., net issue of upto 27,31,200 equity shares of face value of Rs. 10/- each at a price of Rs. 87 per equity share including a share premium of Rs. 77 per equity share aggregating to Rs. 23.76 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.04% and 25.55% respectively of the post issue paid up equity share capital of the company. Issue Price Rs. 87 per equity share of face value of Rs.10 each. The issue price is 8.7 times of the face value.
*Subject to approvals and market conditions.
Strengths & Risks
Key competitive advantages and factors to consider before investing.
- Wide product portfolio having applications across industry verticals.
- Well established relationship with clients.
- High standard of product quality.
- Leveraging the experience of its Promoter and Directors.
- Strong Marketing Practices.
- 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 its profitability and results of operations.
- The Company has entered into related party transactions in the past and may continue to enter into related party transactions in the future, which may potentially involve conflicts of interest with the equity shareholders.
- The company propose to deploy a part of the Net Proceeds towards acquisition of shops which is not registered in the name of the Company.
- The company has certain outstanding litigation against it, an adverse outcome of which may adversely affect its business, reputation and results of operations.
- The Company's manufacturing activities are labour intensive and depends on availability of labour. In case of unavailability of such labour, its business operations could be affected.