Prizor Viztech IPO GMP grey market premium, review, Subscription, allotment, listing estimate @

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What is the business of Prizor Viztech?

Prizor Viztech 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. It also provides services including video management software which provides surveillance feature to its customers in a single monitor and location.
It has supplied its products across 17 states and 2 union territories in India i.e., Andhra Pradesh, Assam, Delhi, Goa, Gujarat, Haryana, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Punjab, Rajasthan, Sikkim, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, as well as the union territories of Andaman and Nicobar Islands and Jammu and Kashmir.

The product portfolio is mainly segregated into two parts, namely:
(i) Security and Surveillance Solutions (network cameras & high-definition analog cameras, network video recorders, digital video recorders); and
(ii) LED televisions, Monitors & Touch Panels. Foreseeing the trends and opportunity in the
market, the Company in the year 2022 started offering televisions, touch panels and monitors manufactured by third parties under its brand name “PRIZOR”

Get more information about the company @ https://www.prizor.in/

Who are the Promoters of Prizor Viztech IPO?

THE PROMOTERS OF THE COMPANY ARE MS. MITALI DASHARATHBHARTHI GAUSWAMI AND MR. GAUSWAMI DASHARATHBHARTHI GOPALBHARTHI

What are the Objects of Prizor Viztech IPO?

The Offer comprises of only fresh issue of shares.

The objectives of the Offer are to:

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; and
3.General corporate purposes.

Prizor Viztech IPO Review

Prizor Viztech 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.
Size:  Net size of the IPO is Rs. 23.76 crore, which is not so large, compared to other SME IPOs. The retail portion is Rs. 8.32 Crore and NII portion is Rs.3.56 Crore. 
Financial Snapshot: The company has dispalyed exceptionaly sharp rise in its profitability. During the year 2021-22, it has net profit of Rs.5 lac on total revenue of Rs. 8.70 crore and then in the year 2023-24, it earned net profit of 5.57 crore on total revenue of Rs. 35.69 crore. We are not sure whether, the company can maintain such high profit ratio, when the competition in security and surveillance products is very severe.  Due to sharp increase in the profits, during 2023-24, the valuation seems to be reasonable., otherwise ,we consider the IPO not so attractive.
+ from fundamental angle: So-so
+ from grey market angle: ?

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Prizor Viztech IPO GMP today allotment, review?

Prizor Viztech IPO GMP grey market premium

Prizor Viztech  IPO FAQs

What is Prizor Viztech IPO?

This is a SME IPO of 1335000 equity shares of the face value of Rs. 10 aggregating up to Rs.17.36 Crores. The issue is priced at Rs.130 per share. The minimum order quantity is 1000 Shares.

When will Prizor Viztech IPO subscription open?

The IPO opens on July 12, 2024, and closes on July 16, 2024.

What is the lot size of Prizor Viztech IPO?

The IPO lot size is 1000 Shares, and the minimum amount required is Rs.130000

How to apply for Prizor Viztech IPO?

You can apply in this IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don’t offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.

When is Prizor Viztech IPO allotment?

The finalization of Basis of Allotment for this IPO will be done on 18 July, 2024, and the allotted shares will be credited to your demat account by July 19, 2024.

When is Prizor Viztech IPO listing date?
This IPO listing date is July 22, 2024.