Business Standard

Prizor Viztech Ltd - IPO

Issue Type

Book Building - SME

Issue Size (₹ Cr.)

25.15 cr

Price Range (₹)

87

Lot Size

1600

Min Investment (₹)

1,39,200.00

Listing Exchange

NSE - SME

Open Date

12-Jul-2024

Close Date

16-Jul-2024

Listing Date

22-Jul-2024

Prizor Viztech Ltd News

    Prizor Viztech Ltd IPO Details

    Initial public offer of upto 28,91,200 equity shares of face value of Rs. 10/- each (the Equity Shares) of Prizor Viztech Limited (The Company or Prizor or The Issuer) for cash at a price of Rs. 87 per equity share including a share premium of Rs. 77 per equity share (the Issue Price) aggregating to Rs. 25.15 crores (The Issue), of which upto 1,60,000 equity shares of face value of Rs. 10/- each for cash at a price of Rs. 87 per equity share including a share premium of Rs. 77 per equity share aggregating to Rs. 1.39 crores will be reserved for subscription by market maker to the issue (the Market Maker Reservation Portion). The issue less the market maker reservation portion i.e., net issue of upto 27,31,200 equity shares of face value of Rs. 10/- each at a price of Rs. 87 per equity share including a share premium of Rs. 77 per equity share aggregating to Rs. 23.76 crores is herein after referred to as the Net Issue. The issue and the net issue will constitute 27.04% and 25.55% respectively of the post issue paid up equity share capital of the company.Issue Price Rs. 87 per equity share of face value of Rs.10 each.The issue price is 8.7 times of the face value.

    Objective of issue

    Funding of capital expenditure requirements of the company towards setting up Display Centre in. Funding working capital requirements of the company. General corporate purposes.

    Prizor Viztech Ltd Contact Details

    Prizor Viztech Ltd, Office No 56-2, Pinnacle Busine.Park, Mahakali Caves Road, Mumbai - 400093

    Phone - 91-22-62638200

    Fax - 91-22-63638299

    Email - investors@prizor.in

    Website - www.prizor.in