Prizor Viztech Ltd

Prizor Viztech Ltd IPO

Prizor Viztech Ltd IPO Price Range is ₹82 - 87, with a minimum investment of ₹1,39,200 for 1600 shares.

₹1,39,200

/ 1600 shares

Minimum Investment

View Prizor Viztech Ltd IPO details including price range, minimum investment, lot size, financials, and IPO timeline. Get subscription updates, peer comparison, and key insights to help you make an informed decision.

IPO Status

Closed

Price Band

₹82 - 87

Open Date

2024-07-12

Close Date

2024-07-16

IPO Size

₹25.15 Cr

Lot Size

1600 shares

Min Investment

₹1,39,200

Listing Exchange

NSE

Prizor Viztech Ltd IPO Application Timeline

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

Strengths and Risks

Strengths

Strengths

  • 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.


Risks

Risks

  • 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.

How to Apply for Prizor Viztech Ltd IPO on INDmoney

1

Download the INDmoney app and complete your KYC to open an account.

2

Go to the INDstocks section and tap on IPO, or search for ‘IPO’.

3

Select Prizor Viztech Ltd IPO from the list of live IPOs.

4

View key details like price band, lot size, and dates, then tap ‘Apply Now’.

5

Choose the number of lots and place your order via UPI.

6

Your funds will be blocked until the share allotment is finalized.

About Prizor Viztech Ltd

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.

Frequently Asked Questions of Prizor Viztech Ltd IPO

What is the size of the Prizor Viztech Ltd IPO?

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

What is the allotment date of the Prizor Viztech Ltd IPO?

Prizor Viztech Ltd IPO allotment date is Jul 18, 2024 (tentative).

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

The Prizor Viztech Ltd IPO will open on Jul 12, 2024 and close on Jul 16, 2024

What is the lot size of Prizor Viztech Ltd IPO?

The lot size for the Prizor Viztech Ltd IPO is 1600.

When will my Prizor Viztech Ltd IPO order be placed?

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

Can we invest in Prizor Viztech Ltd IPO?

Yes, once Prizor Viztech Ltd IPO opens, you can invest in the shares of the company.

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.

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.