Prizor Viztech IPO Allotment Finalised Today – Check Your Status with Our Step-by-Step Guide!

Prizor Viztech IPO received a strong response from investors during the bidding period from July 12 to July 16. Now, attention shifts to the share allotment process, expected to be finalised today. Investors can check their allotment status through the registrar, Bigshare Services Pvt. Ltd.

Allotment Process

With oversubscription in the retail category, shares will be allocated to retail individual investors (RIIs) on a proportional basis. For those who do not receive an allotment, Prizor Viztech will start the refund process on July 19, 2024. Shares will be credited to the demat accounts of allotted investors on the same day. The shares are expected to be listed on the NSE SME platform on July 22, 2024.

Steps to Check Allotment Status

If you applied for the Prizor Viztech IPO, you can check your allotment status on the registrar’s website:

1. Visit the Bigshare URL: https://ipo.bigshareonline.com/ipo_status.html
2. Select “Prizor Viztech IPO” from the list of firms.
3. Choose “PAN Number, Beneficiary ID, or Application No./CAF No.”
4. Click “Search.”

You can view your Prizor Viztech IPO allotment status on your phone or computer screen.

About Prizor Viztech

Prizor Viztech provides security and surveillance solutions, offering a range of CCTV cameras for various sectors like retail, government, education, and infrastructure. In 2022, the company expanded its product line to include televisions, touch panels, and monitors under its brand name. They also offer services like video management software, allowing customers to monitor surveillance features from a single location.

IPO Details

The Prizor Viztech IPO size was ₹25.15 crore, consisting of 28.91 lakh newly issued shares. The IPO price range was ₹82 to ₹87 per share. Shreni Shares Limited was the book-running lead manager, while Rikhav Securities acted as the market maker.

Subscription Status

The Prizor Viztech IPO was highly demanded, being subscribed over 219 times. The IPO attracted bids worth ₹3,659 crore. The retail category was subscribed to 264 times, with bids for 11,55,84,000 shares against the offered 412,800 shares. The NII and QIB portions were subscribed to 280 and 94.54 times, respectively.