Prizor Viztech Limited is launching an Initial Public Offering (IPO) to raise ₹25.15 crores. The entire issue consists of 28.91 lakh fresh shares. Prizor Viztech Limited operates in the technology sector.
The subscription window for the Prizor Viztech IPO is from July 12, 2024, to July 16, 2024. The allotment process is expected to conclude on Thursday, July 18, 2024. Prizor Viztech IPO will be listed on the NSE SME platform, with a tentative listing date set for Monday, July 22, 2024.
The price band for the IPO of Prizor Viztech is ₹82 to ₹87 per share. Retail investors can apply for a minimum lot size of 1600 shares, requiring an investment of ₹139,200. High Net Worth Individuals (HNIs) can invest in 2 lots (3,200 shares), amounting to ₹278,400.
Shreni Shares Limited serves as the book-running lead manager for the IPO of Prizor Viztech, while Bigshare Services Pvt Ltd acts as the registrar for the issue. Rikhav Securities is the market maker for the IPO.
Prizor Viztech IPO Details:
| Company Name | Prizor Viztech Limited |
| Sector | Technology |
| IPO Type | SME |
| IPO Open date | 12th July 2024 |
| IPO Close date | 16th July 2024 |
| OFS | |
| Listing Exchanges | NSE |
| Share Holding Pre-issue | |
| DRHP Draft Prospectus | Click to check |
| RHP Draft Prospects | Click to check |
Prizor Viztech IPO Lot Size:
| Application | Lot Size | Shares | Amount |
| Retail (Min) | 1 | 1600 | 1,39,200 |
| HNI (Min) | 2 | 3200 | 2,78,400 |
Prizor Viztech IPO Timeline:
| IPO Open Date | 12th July 2024 |
| IPO Close Date | 16th July 2024 |
| Basis of Allotment | 18th July 2024 |
| Refund Initiation Date | 19th July 2024 |
| Shares Credit to Demat | 19th July 2024 |
| Listing Date | 22nd July 2024 |
Things to Consider before applying for an IPO
Financial Performance: Review Prizor Viztech’s financials to understand its revenue, profitability, and growth prospects.
Industry Outlook: Consider the overall health of India’s security and surveillance solutions industry.
Valuation: Once the price band is announced, compare it to similar companies in the industry to see if the IPO is priced fairly.
Management Team: Research the experience and capabilities of the management team.
Our Verdict
This IPO offers a good opportunity to invest in Prizor Viztech and be a part of its growth. We will update our verdict once the IPO application window opens
FAQ
What is Grey Market Premium (GMP)?
The Grey Market Premium (GMP) represents the price at which an Initial Public Offering (IPO) is traded in the unregulated grey market before its official listing. It serves as an indicator of how the IPO might perform on the listing day. Seeing the latest GMP, investors can estimate the listing performance of the IPO.
