Prizor Viztech IPO opens today: Check issue size, price band, GMP and other details
SME IPO of Prizor Viztech opened for subscription earlier today and will close on July 16. The company aims to raise about Rs 25 crore through the SME IPO and list the shares on NSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.
1) Prizor Viztech IPO size
The IPO is entirely a fresh equity issue of 28.91 lakh shares and through the issue, the company plans to raise Rs 25 crore.
2) Prizor Viztech IPO price band
The company is offering its shares at Rs 82-87 apiece, and investors can bid for 1,600 shares in 1 lot.
3) Prizor Viztech GMP
In the unlisted market, the company's shares had no GMP ahead of the issue launch.
4) About Prizor Viztech
The company is engaged in the business of providing security and surveillance solutions by offering a comprehensive range of CCTV cameras which serves different verticals like retail, government, educational and infrastructure, among others.
5) Industry overview
The Electronics System Design & Manufacturing (ESDM) industry includes electronic hardware products and components relating to information technology (IT), office automation, telecom, consumer electronics, aviation, aerospace, defence, solar photovoltaic, nano electronics and medical electronics.
6) Prizor Viztech financial performance
For the year ended March 2024, the company clocked total revenues of Rs 35.69 crore and net profit of Rs 5.57 crore.
7) Objects of the offer
The net proceeds from the public offer will be used for capital
