IPO Price Range: ₹82 - 87
Min Investment
₹1,39,200
IPO Size
₹25 Cr
IPO Status
Quantity in 1 Lot
1600
Max Bid allowed
1
Listing Exchange
NSE
Bid Opening Date | 12 Jul 2024 |
Bid Closing Date | 16 Jul 2024 |
Allotment Date | 18 Jul 2024 |
Issue Size | ₹25.15Cr |
Quantity in 1 lot | 1600 |
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 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.
Investors | Holdings % |
Mitali Dasharathbharthi Gauswa | 61.92% |
Gauswami Dasharathbharthi Gopa | 31.67% |
Organisation | Prizor Viztech Ltd |
Headquarters | Ahmedabad |
Industry | Consumer Durables |