SJP Ultrasonics IPO Details

SME BSE

SJP Ultrasonics IPO Summary

SJP Ultrasonics Logo | SJP Ultrasonics IPO Details, Date, Price, GMP, Live Subscription

SJP Ultrasonics IPO opens for subscription on 30 Sep 2026 and closes on 05 Oct 2026.The IPO will be listed on BSE with the tentative listing date set for 08 Oct 2026.

SJP Ultrasonics IPO price band has been fixed at ₹67 – ₹67 per share. The face value is ₹10 per share with a lot size of 2000.

SJP Ultrasonics IPO total issue size comprises 35,00,000 shares (aggregating up to ₹23.45 Cr). This includes a fresh issue of 35,00,000 shares (aggregating up to ₹23.45 Cr). Pre-issue shareholding stands at 94,40,000, which will increase to 1,29,40,000 post-issue.

SJP Ultrasonics IPO carries a ₹0 (0%) GMP, reflecting investor sentiment.

SJP Ultrasonics IPO Lot Size :Individual Minimum is 2 lots (4,000 shares) amounting to ₹2,68,000. Individual Maximum is 2 lots (4,000 shares) amounting to ₹2,68,000. HNI Minimum is 3 lots (6,000 shares) amounting to ₹4,02,000.

The Lead Managers for SJP Ultrasonics IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Khandwala Securities Ltd . To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For SME (Small and Medium-sized Enterprise) IPOs, a Market Maker is appointed to ensure liquidity and stability for the stock once it is listed. They do this by continuously quoting bid and ask prices, ensuring there is a market for the shares. The appointed market maker for this IPO is Aftertrade Broking. You can analyze their track record by checking the Market Maker Performance Summary report.

For detailed information, Refer to the SJP Ultrasonics Limited RHP.

SJP Ultrasonics IPO Details

Open Date
30 Sep 2026
Close Date
05 Oct 2026
Listing Date
08 Oct 2026
Issue Price
₹67 - ₹67
Face Value
₹10 per share
Lot Size
2000 Shares
GMP
₹0
Issue Type
IPO
Listing On
BSE
Type
Fixed Price Issue
Pre-issue Shareholding
94,40,000 shares
Post-issue Shareholding
1,29,40,000 shares
Total Issue Size
35,00,000 shares(aggregating up to ₹23.45 Cr)
Fresh Issue
35,00,000 shares(aggregating up to ₹23.45 Cr)
Offer for Sale
-

SJP Ultrasonics IPO Dates

  • 30 Sep 2026
    Opening dateOpen
  • 05 Oct 2026
    Closing dateClose
  • 06 Oct 2026
    Allotment Date Allotment
  • 07 Oct 2026
    Initiation of RefundsRefund
  • 07 Oct 2026
    Credit of SharesCredit
  • 08 Oct 2026
    Listing dateListing

SJP Ultrasonics IPO Lot Size

ApplicationLotsSharesAmount
Individual Minimum24000₹2,68,000
Individual Maximum24000₹2,68,000
HNI Minimum36000₹4,02,000

SJP Ultrasonics IPO Reservation

Promoter Holding

Pre Issue:
79.51%
Post Issue:
58.01%
Promoter Names:
Jignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Parekh, Parthvi Jignesh Parekh and Jignesh Pravinchandra Parekh (HUF)

SJP Ultrasonics IPO Valuations

ROE38.86%
ROCE50.80%
Debt/Equity0.16
RoNW28.10%
PAT Margin19.81%
EBITDA Margin32.47%
NAV15.73
Price to Book Value4.26

SJP Ultrasonics Financial Information

Period Ended31 Mar 202631 Mar 202531 Mar 2024
Assets35.2027.0616.97
Total Income26.6321.1515.22
Profit After Tax5.244.173.40
EBITDA8.326.935.43
NET Worth20.0914.856.73
Reserves and Surplus10.655.415.63
Total Borrowing5.782.412.01
Amount in ₹ Crore

About SJP Ultrasonics IPO

Incorporated on January 27, 2012, SJP Ultrasonic Ltd. is engaged in the end-to-end plastic joining and automation solution providers. The company offers specialised solutions mainly in the Automotive industry and industries related to Medical, Electrical, Electronics, Textile, FMCG, Toys, Gift & Stationery, Food & Packaging, Defence & Educational Institutes. The sale of the products and services is majorly made to manufacturers engaged in various industries, which makes model business to business (B2B).

Business Segments:

  • Plastic joining solutions
  • Industrial automation
  • Laser technology solutions2B) in nature.

The manufacturing facility is situated at Gala No. 1 and Gala No. 2, Shiv Shankar Industrial Complex 2, Bhutpada, Building No.5, Opp. Golden Chariot Hotel, Highway, Vasai East, Palghar - 401 208, Maharashtra, India.

The company intends to enhance in-house manufacturing capabilities and increasing production efficiency by purchasing Milling Machines, CNC Lathe Machine, Compressor, CNC Bandsaw Machine, Overhead Crane, 6 Axis Robot, Co2 Laser Cutting Unit, Computers, NX Softwares, Solid Works Software, Diesel Generator, CMM Machine, Vibration Welders, Laser Plastic Welder to improve production.

As of March 31, 2026, the company had 84 employees.



Strength Of SJP Ultrasonics IPO

  • A start to finish plastic welding solution provider offering diverse and comprehensive service offerings.
  • Long standing relations with raw material and equipment suppliers.
  • Long-standing relationships with established customers, with potential to expand our customer base.
  • Diverse range of specialised plastic products across varied industry segments.
  • Experienced Promoters and senior management team.

Risk Of SJP Ultrasonics IPO

  • The company derives a significant portion of its revenue from providing solutions under two business segments viz., Plastic Joining Solutions and Industrial Automation. Any decline in the revenue generated from these two business segments could have an adverse effect on the company's business, results of operations and financial condition.
  • The Company was not registered under the Employees Provident Fund and Miscellaneous Provisions Act, 1952 until June 15, 2024 and consequently had violated the provisions of the Employees Provident Fund and Miscellaneous Provisions Act, 1952.
  • The Company was not registered under the Employees State Insurance Act, 1948 until June 15, 2024 and consequently had violated the provisions of the Employees State Insurance Act, 1948.
  • A significant portion of the company's revenue is generated from its limited number of large customers and if the company is unable to maintain its relationship with such customers or if there is a reduction in their demand for the company's services/ products. The company's business, results of operations and financial condition will be materially and adversely affected. Further, these large customers exercise substantial negotiating leverage with the company, which could adversely impact its results of operations.
  • The company does not have contractual agreements with suppliers for its raw materials and equipment suppliers and an increase in the cost of or a shortfall in the availability of raw materials and equipments etc. could have an adverse effect on the company's business and results of operations
  • The company generates the company's considerable portion of turnover from its operations in certain geographical regions and any adverse developments affecting the company's operations in these regions could have an adverse impact on the company's revenue and results of operations.
  • Increase in the prices of raw materials and fluctuations may adversely impact its business, financial condition and operational results.
  • The company requires certain approvals or licenses in the ordinary course of business, and the failures to renew, obtain, or retain them in a timely manner, or at all, may adversely affect its operations.
  • There are outstanding legal proceedings involving the Company, the company's Directors and our Promoters. Any adverse decisions could impact its cash flows and profit or loss to the extent of demand amount, interest and penalty, divert management time and attention and have an adverse effect on the company's business, prospects, results of operations and financial condition.
  • The company's Business is dependent on the company's factory. Any disruption, breakdown or failures of machinery, disruption to power sources or any temporary shutdown of its factory, may have a material adverse effect on the company's business, results of operations, financial condition and cash flows.

Objectives SJP Ultrasonics IPO

1. Funding Capital Expenditure towards the Purchase of Machineries

2. Funding working capital requirements of the Company

3. General Corporate Purposes

Company Contact Details

SJP Ultrasonic Ltd.
Gala No. 1 and Gala No. 2, Shiv Shankar Industrial
Complex 2, Bhutpada, Building No.5, Opp. Golden Ch
Opp. Golden Chariot Hotel, Highway, Vasai East
Palghar, Maharashtra, 401208
Phone: +91 777 0010869
Email: cs@sjpultrasonics.in
Website: http://www.sjpultrasonics.in/

Registrar Contact Details

Name:
Maashitla Securities Pvt Ltd
Phone:
+91-11-45121795, +91-11-45121796

SJP Ultrasonics FAQs

The SJP Ultrasonics IPO is a SME public issue comprising 3500000 equity shares with a face value of ₹10 each, aggregating to a total issue size of ₹23.45 Cr. The issue price has been fixed at ₹67 per equity share, and the minimum application size is 2000 shares.

The IPO opens for subscription on 30 Sep 2026, and closes on 05 Oct 2026.

Maashitla Securities Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the BSE

The SJP Ultrasonics IPO opens on 30 Sep 2026.

SJP Ultrasonics IPO lot size is 2000, and the minimum amount required for application is ₹134000.

You may apply for the SJP Ultrasonics IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the SJP Ultrasonics IPO is scheduled to be finalized on 06 Oct 2026. Subsequently, the shares allotted will be credited to investors’ demat accounts by 07 Oct 2026. Investors are advised to regularly check the SJP Ultrasonics IPO allotment status for updates.

The listing date for the SJP Ultrasonics IPO has not yet been officially announced. However, the tentative listing date is scheduled for 08 Oct 2026.

SJP Ultrasonics IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at ₹0 (0%).

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