Prizor Viztech Limited (NSE SME)
Jul 12, 2024 - Jul 16, 2024
| Price | ₹82 - ₹87 |
| Premium | ₹105 |
|---|---|
| Lot size | 1600 |
| Allotment | Jul 18, 2024 |
| Listing | Jul 22, 2024 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1600 | 139200 | 600 |
| HNI | 2 | 3200 | 278400 | 258 |
Last updated on 16-Jul-2024 17:03:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 544000 | 51428800 | 94.54 |
| NIB | 412800 | 115264000 | 279.22 |
| RETAIL | 960000 | 244054400 | 254.22 |
| Total | 1916800 | 410747200 | 214.29 |
| Retail Apps | 152534 | © IPO Premium | |
| HNI Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹32.61 | @8% ₹37.27 | @9% ₹41.93 | @10% ₹46.59 | @11% ₹51.25 | @12% ₹55.91 |
Prizor Viztech IPO Reservation
| Investor Category | Shares Offered | No. of Shares |
|---|---|---|
| Retail | 33.20 | 960000 |
| NII (HNI) | 14.28 | 412800 |
| QIB | 18.82 | 544000 |
| Anchor | 28.17 | 814400 |
| Market Maker | 5.53 | 160000 |
| Total | 100.00 | 2891200 |
Prizor Viztech IPO Details
| Issue Size | 2,891,200 shares (aggregating up to ₹25.15 Cr) |
| Fresh Issue | 2,891,200 shares (aggregating up to ₹25.15 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | NSE SME |
| Share holding pre issue | 7,800,003 |
| Share holding post issue | 10,691,203 |
| Market Maker portion | 160,000 shares Rikhav Securities |
Key Performance Indicator
| KPI | Mar-24 | Mar-23 | Mar-22 |
|---|---|---|---|
| ROE | 143.86% | 21.44% | 4.19% |
| D/E | 1.45 | 4.9 | 3.57 |
| RONW | 83.67% | 19.36% | 4.10% |
| EPS (basic & diluted) | 7.53 | 0.28 | 0.05 |
| P/E (Pre IPO) | 12.17 | ||
| P/E (Post IPO) | 16.69 |
Company Financials
Prizor Viztech Limited Financial Information (Restated)
Prizor Viztech Limited's revenue increased by 155.95% and profit after tax (PAT) rose by 2546.91% between the financial year ending with March 31, 2024 and March 31, 2023
| Period | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|
| Assets | 2,461.80 | 862.84 | 538.87 |
| Revenue | 3,568.62 | 1,394.29 | 870.47 |
| Profit | 557.44 | 21.06 | 3.60 |
| Net Worth | 666.20 | 108.76 | 87.70 |
| Reserves | 586.20 | 28.76 | 7.70 |
| Borrowing | 964.86 | 532.84 | 313.28 |
| Amount in ₹ Lakhs | |||
About Company
Incorporated in 2017, Prizor Viztech Limited specializes in providing comprehensive security and surveillance solutions, including a diverse range of CCTV cameras for retail, government, education, and infrastructure sectors. In 2022, the company broadened its product offerings to include televisions, touch panels, and monitors, all sold under its brand and manufactured by third parties. Additionally, Prizor Viztech offers advanced video management software, enabling customers to manage surveillance features on a single monitor and location. The company's product portfolio is split into two main categories: Security and Surveillance Solutions, comprising network cameras, high-definition analogue cameras, network video recorders, and digital video recorders; and LED televisions, monitors, and touch panels. Prizor Viztech has distributed its products across 17 states and 2 union territories in India, including 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, and it holds the ISO 27001:2013 certification for the Information Security Management System Standard, reflecting its commitment to quality and data security. As of July 2024, Prizor Viztech employs 29 permanent staff across various departments.
Strength Factors
Wide Product Portfolio: Prizor Viztech Limited offers a diverse range of products with applications across various industry verticals.
Established Client Relationships: The company maintains strong, long-standing relationships with its clients.
High Product Quality: Prizor Viztech is committed to maintaining high standards of product quality, ensuring customer satisfaction.
Risk Factors
Customer Dependence: Heavy reliance on key customers for substantial revenue could negatively impact profitability if any relationships are lost.
Related Party Transactions: Past and potential future related party transactions could pose conflicts of interest with equity shareholders.
Unregistered Property Acquisition: Plans to acquire shops not registered in the company’s name could present legal and operational risks.
Prizor Viztech IPO Lead Manager(s)
- Shreni Shares Limited
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/ipo_status.html