Prizor Viztech Ltd - IPO

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