Prizor Viztech Limited IPO

Prizor Viztech company was incorporated in the year 2017. The Company is engaged in the business of providing security and surveillance solutions by offering a comprehensive range of CCTV cameras that serve 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 our brand name.

They also provide services including video management software which offers surveillance features to our customers in a single monitor and location. Prizor Viztech IPO is a book-built issue of Rs 25.15 crores. The issue is entirely a fresh issue of 28.91 lakh shares. Prizor Viztech IPO opens for subscription on July 12, 2024 and closes on July 16, 2024. Prizor Viztech IPO price band is set at ₹82 to ₹87 per share. The minimum lot size for an application is 1600 Shares. Shreni Shares Limited is the book-running lead manager of the Prizor Viztech IPO, while Bigshare Services Pvt Ltd is the registrar for the issue. The market maker for the Prizor Viztech IPO is Rikhav Securities.

Company & Financials

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:

• 1. Security and Surveillance Solutions, including network cameras, high-definition analogue cameras, network video recorders and digital video recorders.
• 2. LED televisions, Monitors & Touch Panels.

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.

Prizor Viztech Limited Financial Information

Period Ended	31 Mar 2024	31 Mar 2023	31 Mar 2022
Assets	2,461.80	862.84	538.87
Revenue	3,568.62	1,394.29	870.47
Profit After Tax	557.44	21.06	3.60
Net Worth	666.20	108.76	87.70
Reserves and Surplus	586.20	28.76	7.70
Total Borrowing	964.86	532.84	313.28
Amount in ₹ Lakhs




Key Performance Indicator

KPI	Values
ROE	143.86%
Debt/Equity	1.45
RoNW	83.67%
P/BV	9.67
PAT Margin (%)	15.63

	Pre IPO	Post IPO
EPS (Rs)	7.15	5.21
P/E (x)	12.17	16.69




Objectives of Prizor Viztech IPO

The company proposes to utilize the Net Proceeds from the Issue towards funding the following objectives:

• 1. Funding of capital expenditure requirements of the company towards setting up of Display Centre and Inventory Storage in Ahmedabad, Gujarat.
• 2. Funding Working Capital Requirements of the company.
• 3. General corporate purposes.

Prizor Viztech IPO Review

The company is operating in a highly competitive and fragmented segment. The company marked average financial performance till FY23 and posted a sudden boost in its top and bottom lines for FY24. Based on pre-IPO year super earnings, the issue appears aggressively priced at fancy valuations. There is no harm in skipping this pricey offer.

FAQs for Prizor Viztech IPO

• What is the Prizor Viztech IPO?

  Prizor Viztech IPO is an NSE SME IPO. They are going to raise ₹25.15 Crores via IPO. The issue is priced at ₹82 to ₹87 per equity share. The IPO is to be listed on NSE.

• When will the Prizor Viztech IPO open?

  The IPO is to open on July 12, 2024, for QIB, NII, and Retail Investors.

• What is Prizor Viztech IPO Investors Portion?

  The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.

• What is Prizor Viztech IPO Size?

  Prizor Viztech's IPO size is ₹25.15 crores.

• What is the Prizor Viztech IPO Price Band?

  Prizor Viztech IPO Price Band is ₹82 to ₹87 per equity share.

• What is Prizor Viztech IPO Minimum and Maximum Lot Size?

  The IPO bid is 1600 shares with ₹139,200.

• What is Prizor Viztech IPO Allotment Date?

  Prizor Viztech's IPO allotment date is July 18, 2024.

• What is Prizor Viztech IPO Listing Date?

  Prizor Viztech IPO listing date is July 22, 2024. The IPO to list on NSE SME.




RHP:

RHP of Prizor Viztech Limited IPO




DRHP:

DRHP of Prizor Viztech Limited IPO




Read More IPO related blogs- Aelea Commodities Limited IPO