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Prizor Viztech Limited


Issue Price

₹82- ₹87

per equity share

Issue Size

20.77 lakhs

equity share

Face Value

₹ 10

per equity share

Market Lot


equity share

Please note

Listing at NSE

Prizor Viztech Limited

Important Dates

IPO Open Date

12 Jul 2024

IPO Close Date

16 Jul 2024

Allotment Date

18 Jul 2024

Initiation of Refunds

19 Jul 2024

Credit of Shares to Demat Account

19 Jul 2024

IPO Listing Date

22 Jul 2024

UPI Mandate Expiry Date

16 Jul 2024

IPO Details

Prizor Viztech has come up with an offering of a public issue. This Initial Public Offering (IPO) will consist of a fresh issue of 2,891,200 equity shares. The total size of the offer is 2,891,200 Equity shares worth of Rs 25.15 Crore. This new IPO is being made through a book-built issue type with a reservation of not less than 50% of the net issue being offered to qualified institutional buyers, retail investors being offered not less than 35% of the net issue, and not less than 15% of the net issue is reserved for HNI category. This IPO opens for subscription from July 12, 2024, till July 16, 2024, whereas the listing date is decided on July 22, 2024, and refund initiation for those who will not get allotted the share is on June 19, 2024. However, keep in mind that the public offering is proposed to be listed on the NSE exchange on an SME segment.

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About Prizor Viztech Limited

Prizor Viztech Limited, established in 2017, provides security and surveillance solutions with a range of CCTV cameras for retail, government, education, and infrastructure sectors. In 2022, the company expanded its product line to include televisions, touch panels, and monitors, all under its own brand and manufactured by third parties. Additionally, Prizor Viztech offers video management software for comprehensive surveillance on a single monitor. With products supplied across 17 states and 2 union territories in India, the company holds ISO 9001:2015, ISO 14001:2015, and ISO 27001:2013 certifications, employing 29 permanent staff as of July 2024.

Parent Organisation




Managing Director

Ms. Mitali Dasharathbharthi Gauswami and Mr. Gauswami Dasharathbharthi Gopalbharthi

IPO Objectives

The company plans to allocate the Net Proceeds from the issue to several key areas. One major objective is to support the capital expenditure needed to establish a display centre and inventory storage in Ahmedabad, Gujarat. The funds will be used to meet the company's working capital requirements, ensuring smooth and efficient operations. Finally, a portion of the proceeds will be directed towards general corporate purposes, further strengthening the company's overall financial health and strategic initiatives.

How to apply for IPO

  • Login to your Bigul account and select the issue in the current IPO section
  • Enter the number of lots and price at which you wish to apply for
  • Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange
  • You will receive a mandate notification to block funds in your UPI app
  • Approve the mandate request on your UPI and funds will be blocked

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