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Prizor Viztech made a Spectacular Debut, Shares lists with 90% Premium at ₹165.30

Prizor Viztech's debut on NSE SME saw shares open at Rs 165.30, a 90% jump over the IPO price of Rs 87, reflecting robust investor interest.
Prizor Viztech made a Spectacular Debut, Shares lists with 90% Premium at ₹165.30

Prizor Viztech’s shares soared during their market debut on the NSE SME, opening at Rs 165.30, which is a 90% increase over the initial offering price of Rs 87, showing strong investor enthusiasm.

Prizor Viztech IPO achieved remarkable success on Day 3, with subscriptions reaching 204.86 times the offered amount. This substantial interest underscores the market’s strong faith in the company’s future growth and potential.

Prizor Viztech Limited specialises in security and surveillance systems, offering products like CCTV cameras, video recorders, and video management software. Operating in 17 states and two union territories, they also produce LED televisions, monitors, and touch panels under the “PRIZOR” brand. Based in Ahmedabad, they source both locally and internationally to assemble their high-tech offerings.

Prizor Viztech Ltd aims to allocate funds from its IPO for capital expenditure in setting up a display centre and inventory storage in Ahmedabad, and for boosting working capital in FY2025.

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