Prisma AI Unlisted Share Price – Prisma Global Limited

Prisma Global Limited operates in visual artificial intelligence, using computer vision and related AI technologies to interpret information from cameras, images and video feeds.

Its technology is used for applications such as face and object recognition, optical character recognition, activity and behaviour analysis, image and video intelligence, mobility monitoring and operational intelligence.

At the centre of the company's technology stack is Gryphos, its Visual AI platform. Prisma AI describes Gryphos as supporting hundreds of ready-to-use AI libraries and APIs that can be deployed around existing camera infrastructure rather than requiring customers to replace all of their existing systems.

The company's current first-party materials also report 125+ global deployments and 425,000+ cameras running on Gryphos. These are company-reported operating metrics rather than audited financial measures.

Where Prisma AI is used

Prisma AI reports deployments and use cases across sectors including:

• aviation;
• banking and financial services;
• transportation and highways;
• government and public safety;
• manufacturing;
• ports and logistics; and
• security and surveillance.

The underlying use case varies by customer. In practice, the platform is designed to help organisations extract structured intelligence from existing visual data.

Prisma Global Limited at a Glance

How Does Prisma Global Limited Make Money?

Prisma Global Limited's FY2025-26 financial statements classify its operating revenue as sale of services and state that revenue from customer contracts for the transfer of software is recognised over time.

The company's operating model is also partnership-led. It works with sales, technology, implementation and deployment partners to reach customers, integrate solutions and support execution.

This means the business should not automatically be viewed as a simple self-serve SaaS model. Revenue depends on customer contracts, software delivery, implementation and the broader partner ecosystem.

Why Are Investors Tracking Prisma AI Shares?

Prisma AI has seen a material increase in private-market interest during 2026.

Based on Unlisted Valley's first-party executable transaction observations, Prisma AI shares changed hands at approximately ₹5,500 levels around June 2026, compared with levels around ₹8,900 by late September 2026.

These are approximate private-market transaction observations, not an NSE/BSE price series.

No single verified event has been established as the cause of this movement. Investors may nevertheless be monitoring company-specific developments including stronger FY2025-26 revenue and profit growth and the August 2026 NCD fundraise.

Those developments provide context only. They should not be treated as proven causes of the share-price movement or as justification for the prevailing private-market price.

Prisma AI Financial Performance

The table below uses audited consolidated financial figures for Prisma Global Limited.

Revenue from operations increased by approximately 63.5% in FY2025-26, while profit after tax increased by approximately 75.8%.

The earnings trend improved materially, but cash conversion remains important to monitor. Consolidated net cash used in operating activities was approximately ₹35.26 crore in FY2025-26, compared with approximately ₹68.62 crore in FY2024-25.

Consolidated finance costs also increased from approximately ₹14.41 crore in FY2024-25 to approximately ₹31.15 crore in FY2025-26.

For investors, this means reported revenue and PAT growth should be assessed alongside working-capital requirements, operating cash flow, funding needs and finance costs.

Customer and geographic concentration: The FY2025-26 standalone disclosures show meaningful concentration. Five major customers accounted for 72.82% of standalone revenue from operations in FY2025-26, compared with 60.23% from eight major customers in FY2024-25. Prisma Global Limited also states that its FY2025-26 standalone revenue was derived entirely from customers located outside India.

These concentration figures are standalone disclosures and should not be read as consolidated revenue concentration.

Prisma Global Limited Shareholding

The following shareholding information is dated 31 March 2026.

This is a dated FY2025-26 ownership snapshot and should not be treated as an undated current shareholding statement if subsequent capital changes occur.

Recent Development: ₹200 Crore NCD Issue

In August 2026, Prisma Global Limited raised ₹200 crore through secured, listed non-convertible debentures (NCDs).

The NCDs carry a 10% coupon, were allotted on 18 August 2026, mature on 18 August 2028, and carry an A/Stable rating from Acuité Ratings & Research.

The issue had a ₹50 crore base size and was expanded to ₹200 crore through the greenshoe option after receiving higher demand.

For equity investors, the fundraise is relevant because it adds funding without an equity issuance, while making future interest costs, cash generation and debt servicing more important to track.

The NCD listing does not mean Prisma Global Limited's equity shares are listed. The company's equity remains unlisted.

Group-Level Legal Matter

A 25 June 2026 Singapore International Commercial Court judgment concerned Prisma AI Corporation Pte. Ltd. and Shreeram Subramaniam Iyer in disputes arising from investment agreements.

Prisma Global Limited was not a named party in that judgment. A liability or financial effect for Prisma Global Limited should therefore not be inferred from the judgment without separate evidence.

The matter remains relevant to monitor because Prisma AI Corporation Pte. Ltd. forms part of the wider group and ownership context connected with Prisma Global Limited.

Prisma AI IPO / DRHP Status

No confirmed equity DRHP filing for Prisma Global Limited was identified in the sources reviewed as of 29 September 2026.

Investors should therefore distinguish between the company's listed NCDs and its unlisted equity. A debt-security listing is not an equity IPO.

If Prisma Global Limited later pursues an IPO, the final offer documents, regulatory filings, issue structure, price band and timetable would need to be reviewed at that stage.

Pre-IPO shareholders may also be subject to post-allotment lock-in requirements under applicable SEBI regulations. The exact treatment can depend on the investor category, security and final offer documents, so an eventual listing should not be assumed to create immediate liquidity for every pre-IPO holder.

Key Risks to Consider Before Buying Prisma AI Unlisted Shares

1. Private-market liquidity and price discovery

Prisma Global Limited's equity is unlisted. There is no continuous exchange order book, so quoted prices can vary by counterparty, quantity, timing and availability.

Investors should also understand the broader risks of investing in unlisted shares in India, including liquidity, price discovery, transferability and settlement risk.

2. Customer and geographic concentration

Five major customers represented 72.82% of FY2025-26 standalone revenue from operations, and standalone revenue for the year was derived entirely from customers outside India.

Loss, delay or reduction of major customer contracts could therefore have a meaningful effect on the business.

3. Cash-flow and funding risk

Despite higher revenue and PAT, consolidated operating cash flow remained negative in FY2025-26. Finance costs also increased materially.

Investors should track working capital, receivables, cash conversion and debt servicing alongside accounting profit.

4. Execution and competition risk

Visual AI is a rapidly developing technology market. Prisma AI must continue to win contracts, integrate its software successfully and compete with other AI, computer-vision and surveillance-technology providers.

5. Data, privacy and regulatory risk

Visual AI can involve facial, behavioural, object and video analysis. Changes in privacy, data-protection, AI or surveillance regulation may affect how these technologies can be deployed in different jurisdictions.

6. IPO uncertainty

No confirmed equity DRHP was identified as of the research cutoff. An IPO, its timing, valuation and eventual liquidity should not be assumed.

7. Group-level legal developments

The June 2026 Singapore judgment involved group-related parties rather than Prisma Global Limited itself. Investors should nevertheless monitor whether future developments create any direct company-level relevance.

How to Buy and Sell Prisma AI Unlisted Shares

1) Confirm the current quote and quantity

Check the live indicative price, minimum quantity, availability and total consideration.

2) Complete KYC and demat details

The buyer's KYC, bank and demat details are verified before execution.

3) Review the Deal Note

Confirm the company name, ISIN, quantity, agreed price and payment details.

4) Make payment

Payment should come from the bank account corresponding with the demat holder.

5) Off-market transfer

Once payment and documentation are complete, the shares are transferred through the depository system.

6) Receive transaction documents

Retain the invoice, transfer acknowledgement and updated demat statement.

For purchases completed with payment and documentation before 4 PM, Unlisted Valley targets same-day transfer where operational and depository conditions permit. Otherwise, transfer is generally targeted in the next processing cycle. This is a target, not a guarantee.

Selling Prisma AI shares

To sell, first confirm the holding and quantity. Unlisted Valley can then provide the prevailing indicative buying terms subject to buyer demand and availability.

Once terms are agreed, the seller completes the required transfer documentation and transfers the shares through the applicable depository process. Settlement timing depends on buyer availability, documentation and depository processing.

For a broader explanation of private-market transaction mechanics, see our complete guide to buying and selling unlisted shares.

Final Thoughts

Prisma Global Limited reported strong growth in audited consolidated revenue and profit in FY2025-26, while negative operating cash flow, higher finance costs and customer concentration remain important points to monitor.

The company has also raised ₹200 crore through listed NCDs, while its equity remains unlisted and no confirmed equity DRHP was identified as of the latest research cutoff.

Investors evaluating Prisma AI unlisted shares should therefore consider the current live transaction price alongside the company's financial performance, cash conversion, concentration risks, execution requirements, private-market liquidity and any future IPO developments.

Important Disclosure

Unlisted Valley facilitates the buying and selling of unlisted shares, including Prisma Global Limited.

As a platform with a commercial interest in these transactions, we aim to provide balanced, factually sourced information to help investors make independent decisions.

Indicative prices, share availability and transaction terms may change based on market conditions.

Information presented on this page is for educational and informational purposes only and should not be considered investment advice, a guarantee of returns or a recommendation to buy or sell shares.

Investors should independently evaluate the company's financial performance, business prospects, liquidity, risks and transaction terms before making an investment decision.