Prizor Viztech Limited

About Prizor Viztech Limited

Incorporated in 2017, Prizor Viztech Limited 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. In  year 2022, they expanded their product portfolio by selling different sizes and features of televisions, touch panels and monitors manufactured by third parties under their brand name. They also provide services including video management software which provides surveillance features to their customers in a single monitor and location. 

India witnessed a substantial spike in demand for electronic products in the last few years, this is mainly attributed to India’s position as second-largest mobile phone manufacturer worldwide and surge in internet penetration rate. The Government of India attributes high priority to electronic.India has emerged as the fastest-growing major economy in the world and is expected to be one of the top three economic powers in the world over the next 10-15 years, backed by its robust democracy and strong partnerships. India's appeal as a destination for investments has grown stronger and more sustainable because of the current period of global unpredictability and volatility, and the record.

As Prizor Viztech Limited prepares for its Initial Public Offering (IPO), the proceeds generated from the Fresh Issue will be allocated towards crucial objectives:

1. Funding of capital expenditure for setting up of Display Centre and Inventory      Storage.
2. Funding Working Capital Requirements and 
3. General corporate purposes.