Prizor Viztech IPO bidding started from July 12, 2024 and ended 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.
IPO Size: 2,891,200 shares (25.15 Cr) Fresh Issue: 2,891,200 shares (25.15 Cr) Subscription Dates: July 12, 2024 to July 16, 2024 Expected Allotment: Thursday, July 18, 2024 Listing Date (Tentative): July 22, 2024 Price Band: ₹82 to ₹87 per share Retail Investors: ₹.139,200 (1600 shares) Small HNI : ₹.278,400(2 lots, 3200 shares) Big HNI : ₹.1,113,600(8 lots, 12800 shares)
| IPO Date | July 12, 2024 to July 16, 2024 |
| Listing Date | July 22, 2024 |
| Face Value | ₹10 per share |
| Lot Size | 1600 Shares |
| Total Issue Size | 2,891,200 shares (aggregating up to ₹25.15 Cr) |
| Fresh Issue | 2,891,200 (aggregating up to ₹25.15 Cr) |
| Listing At | NSE SME |
| Share holding pre issue | 7,800,003 |
| Share holding post issue | 10,691,203 |
| Market Maker Portion | 160,000 Shares |
| Investor Category | Shares Offered |
|---|---|
| Anchor Investor Shares Offered | 814,451 (28.17%) |
| QIB Shares Offered | 544,124 (18.82%) |
| NII (HNI) Shares Offered | 412,863 (14.28%) |
| Retail Shares Offered | 959,878 (33.20%) |
| Others | 159,883 (5.53%) |
| Total Shares Offered | 2,891,200 (100%) |
| Investor Category | Shares Offered *** | Shares Bid for | Total Amount (Rs Cr.)* | Subscription (times) |
|---|---|---|---|---|
| Anchor Investors | 814,451 | |||
| Qualified Institutions | 544,124 | |||
| Non-Institutional Buyers | 412,863 | |||
| Retail Investors | 959,878 | |||
| Others | 159,883 | |||
| Total | 2,478,337 | 0 | 0.00 | 0.00 |
Prizor Viztech Limited IPO raises ₹ 7.09 crore from anchor investors. Prizor Viztech Limited IPO Anchor bid date is July 11, 2024. Prizor Viztech Limited IPO Anchor Investors list
| Bid Date | July 11, 2024 |
| Shares Offered | 814400 |
| Anchor Portion Size (In Cr.) | 7.09 |
| Anchor lock-in period end date for 50% shares (30 Days) | August 17, 2024 |
| Anchor lock-in period end date for remaining shares (90 Days) | October 16, 2024 |
Prizor Viztech Limited IPO opens on July 12, 2024 and closes on July 16, 2024.
| IPO Open Date | Friday, July 12, 2024 |
| IPO Close Date | Tuesday, July 16, 2024 |
| Basis of Allotment* | Thursday, July 18, 2024 |
| Initiation of Refunds* | Friday, July 19, 2024 |
| Credit of Shares to Demat* | Friday, July 19, 2024 |
| Listing Date* | Monday, July 22, 2024 |
| Cut-off time for UPI mandate confirmation | 05:00 pm, July 16, 2024 |
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 |
|---|---|---|---|
| Retail (Min) | 1 | 1600 | ₹ 139,200 |
| Retail (Max) | 1 | 1600 | ₹ 139,200 |
| HNI (Min) | 2 | 3200 | ₹ 278,400 |
The promoters of the company are Ms. Mitali Dasharathbharthi Gauswami and Mr. Gauswami Dasharathbharthi Gopalbharthi
| Share Holding Pre Issue | 93.59% |
| Share Holding Post Issue | 68.28% |
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:
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.
The company's workshops are accredited with ISO 9001:2015 and ISO 14001:2015. Additionally, the company holds ISO 27001:2013 certification for the 'Information Security Management System Standard,' showcasing our commitment to data security and safeguarding sensitive information.
As of July 2024, the company has 29 permanent employees in various departments.
The company proposes to utilize the Net Proceeds from the Issue towards funding the following objects:
Prizor Viztech Limited
514, Maple Trade Centre, Nr.
Surdhara Circle
Thaltej, Ahmedabad- 380054,
Phone: +91 78618 04737
Email: investors@prizor.in
Website: https://www.prizor.in/
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html
| Listing Date | July 22, 2024 |
| Final Issue Price | ₹ 87 per share |
| Price Details | NSE | BSE |
|---|---|---|
| Final Issue Price | ₹ 87 | ₹ 87 |
Prizor Viztech Limited IPO is a main-board FPO of 2,891,200 equity shares of the face value of ₹ 10 aggregating up to ₹ 25.15 Crores. The issue is priced at ₹82 to ₹87 per share. The minimum order quantity is 1600 Shares.
The Prizor Viztech Limited IPO opens on July 12, 2024 and closes on July 16, 2024.
Retail Investors: ₹.139,200 (1600 shares) Small HNI : ₹.278,400(2 lots, 3200 shares) Big HNI : ₹.1,113,600(8 lots, 12800 shares)
The finalization of Basis of Allotment for Prizor Viztech Limited IPO will be done on Thursday, July 18, 2024, and the allotted shares will be credited to your demat account by Friday, July 19, 2024. Check the Prizor Viztech Limited IPO allotment status.