Prizor Viztech

Prizor Viztech allotted 13,63,600 equity shares at Rs876 each to raise Rs119.45 crore on a preferential basis to public investors on 24 October 2026. The allotment followed shareholder approval on 23 September 2026 and in-principle approval from the National Stock Exchange on 9 October 2026, and increased paid-up capital to 1,21,59,803 shares from 1,07,96,203 shares. The board had approved an issue of up to 15,13,600 shares to 24 investors in August 2026. The largest allottees were Ashish Kacholia with 2,28,300 shares and Motilal Oswal Financial Services with 1,99,700 shares. Revenue was Rs35.35 crore in the year to March 2024, with CCTV assembly accounting for about Rs22.86 crore and traded displays for about Rs10.02 crore. The company assembled CCTV cameras at a single workshop in Ahmedabad and operated branch offices in Kolkata and Noida with more than 450 channel partners.

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Prizor Viztech received BIS-ER 01 certification for 10 additional models of 4MP IP dome and 4MP IP bullet cameras under India's Compulsory Registration Scheme. Registration number R-72003590 was issued through an STQC-certified laboratory and covered products required to meet Indian quality, safety and performance standards. The company received a BIS licence for CCTV cameras in 2020 and operates a single assembly workshop in Ahmedabad. Security and surveillance products accounted for about 64% of revenue, while FY24 revenue was ₹35.65 crore.

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Prizor Viztech's board approved a proposal to issue up to 1,513,600 equity shares at ₹876 each, potentially raising ₹132.59 crore from 24 public investors, subject to shareholder and regulatory approval. The proposed issue would take public ownership to 37.98% from 32.07%, while promoter holding would fall to 62.02% from 67.93%, based on the company's post-issue table. Ashish Rameshchandra Kacholia was listed as an allottee for 228,300 shares, alongside funds, companies and other public investors. Prizor's July 2024 IPO was used to fund a ₹4.19 crore display centre and working capital. Revenue in the year to March 2024 was ₹35.65 crore and net profit was ₹5.57 crore.

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Jan 20 (Reuters) - Prizor Viztech Ltd PRIZ.NS:

• GRANTED BIS-ER CERTIFICATION UNDER CRS

• BIS-ER APPROVAL ENABLES MARKETING OF PRODUCTS IN INDIA

Source text: ID:nNSE2mlZQ

Further company coverage: PRIZ.NS

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