Prizor Viztech Ltd

Prizor Viztech Ltd IPO

IPO Price Range: ₹82 - 87

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.

Min Investment

₹1,39,200

IPO Size

₹25 Cr

IPO Status

Closed

Quantity in 1 Lot

1600

Max Bid allowed

1

Listing Exchange

NSE

IPO Application Timeline of Prizor Viztech Ltd

Open Date12 Jul 2024
Close Date16 Jul 2024
Allotment Date18 Jul 2024
Listing Date22 Jul 2024

Key Statistics

Bid Opening DateBid Opening Date12 Jul 2024
Bid Closing DateBid Closing Date16 Jul 2024
Allotment DateAllotment Date18 Jul 2024
Issue SizeIssue Size₹25.15Cr
Quantity in 1 lotQuantity in 1 lot1600

Strength and risks

Strength

Strength

  • 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.


Risk

Risk

  • 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 Companys manufacturing activities are labour intensive and depends on availability of labour. In case of unavailability of such labour, its business operations could be affected.

  • The company generates a substantial portion of revenue from the region of Gujarat. Any adverse developments affecting its operations in Gujarat region could have an adverse impact on its revenue and results of operations.

  • Its Revenue from sale of CCTV contribute significantly to the company revenue from operation. Any loss of business from such products may adversely affect its revenues and profitability.

  • Majority of its Revenue from operation is derived from the company assembling activities. Any disruption in the continuous operations of its assembling facilities would have a material adverse effect on the company business, results of operations and financial.

  • The Company is dependent on the continuing operation of its manufacturing facilities. Any significant interruption in manufacturing at its facilities could have a material adverse effect on business, results of operations and financial condition.

  • The Company had negative cash flows in the past years, details of which are given below. Sustained negative cash flow could impact its growth and business.

Promoters Holding

Investors Holdings %
Mitali Dasharathbharthi Gauswa61.92%
Gauswami Dasharathbharthi Gopa31.67%

About Prizor Viztech Ltd

OrganisationPrizor Viztech Ltd
HeadquartersAhmedabad
IndustryConsumer Durables

Frequently Asked Questions

  • What is the size of the Prizor Viztech Ltd IPO?

    The size of the Prizor Viztech Ltd IPO is ₹25.15Cr .

  • What is 'pre-apply' for Prizor Viztech Ltd IPO?

    'Pre-apply' for Prizor Viztech Ltd IPO indicates your interest in the IPO before it opens for subscription. This ensures quick application when the IPO goes live.

  • When will my Prizor Viztech Ltd IPO order be placed?

    Your Prizor Viztech Ltd IPO order will be placed on 12 Jul 2024.

  • What are the open and close dates of the Prizor Viztech Ltd IPO?

    The open and close dates of the Prizor Viztech Ltd IPO are 12 Jul 2024 to 16 Jul 2024.

  • What is the lot size and minimum order quantity of the Prizor Viztech Ltd IPO?

    The lot size and minimum order quantity of the Prizor Viztech Ltd IPO are 1600 and 1600 respectively.

  • What would be the listing gains on the Prizor Viztech Ltd IPO?

    The potential listing gains on the Prizor Viztech Ltd IPO will depend on various market factors and cannot be predicted with certainty.