SJP Ultrasonic IPO
GMP, Subscription, Price, Dates & Financial Details
Engineering - Industrial Equipments
Incorporated on January 27, 2012, SJP Ultrasonic Ltd. is engaged in providing end-to-end plastic joining and industrial automation solutions. The Company offers specialised solutions primarily to the automotive industry, along with customers operating in the medical, electrical, electronics,…
Open Date
Wed, 30 Sep 2026
Close Date
Mon, 05 Oct 2026
Issue Price
₹ 67
Lot Size
2000
Issue Size
₹ 23.45 Cr
Minimum Investment
₹ 268,000 (4000 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
SJP Ultrasonic IPO is set to open its Initial Public Offering (IPO) for subscription on September 30, 2026. According to the Red Herring Prospectus (RHP), the IPO is a fixed price issue with a total issue size of ₹23.45 Crore, comprising a fresh issue of 35.00 Lakh equity shares aggregating to ₹23.45 Crore.
The SJP Ultrasonic IPO will open for subscription on September 30, 2026, and close on October 05, 2026. The basis of allotment is expected to be finalized on October 06, 2026, while the shares are tentatively scheduled to be listed on BSE SME Platform on October 08, 2026.
The company has fixed the price at ₹67 per share, with a lot size of 2000 shares. Retail investors will require a minimum investment of ₹268,000 (based on the upper price band) to apply for one lot.
Maashitla Securities Pvt. Limited is the registrar to the issue. Khandwala Securities Limited are the Book Running Lead Managers (BRLMs) to the issue.
Before investing in the SJP Ultrasonic IPO, investors should carefully review the company's financial performance, business model, IPO objectives, and risk factors disclosed in the offer documents. Investors should also ensure that they submit their applications before the subscription window closes on October 05, 2026.
SJP Ultrasonic IPO Timeline (Tentative)
- IPO Open Date
- Wed, 30 Sep 26
- IPO Close Date
- Mon, 05 Oct 26
- Basis of Allotment
- Tue, 06 Oct 26
- Initiation of Refunds
- Wed, 07 Oct 26
- Credit of Shares to Demat
- Wed, 07 Oct 26
- Listing Date
- Thu, 08 Oct 26 — BSE
Open Date
30 September 2026
Close Date
05 October 2026
Basis Of Allotment
06 October 2026
Listing Date
08 October 2026
IPO Subscription
Check Live Subscription →The SJP Ultrasonic IPO subscription Data Unavailable. Subscription data will be available once biddings start. Bidding is open from 10:00 AM to 5:00 PM on 30 September 2026
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,62,000 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 0 shares (%), while Non-Institutional Investors (NIIs) receive 16,62,000 shares (50%).
| Category | Shares Offered | Shares Offered |
|---|---|---|
| Non-Institutional | 1,662,000 | 50% |
| Retail Investors | 1,662,000 | 50% |
| Total | 3,324,000 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 35.2 | 27.06 | 16.97 |
| Revenue | 26.63 | 21.15 | 15.22 |
| Profit After Tax | 5.24 | 4.17 | 3.4 |
| Net Worth | 20.09 | 14.85 | 6.73 |
| Reserve & Surplus | 10.65 | 5.41 | 5.63 |
| Total Borrowings | 5.78 | 2.41 | 2.01 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
SJP Ultrasonic Limited KPI Information
| Particular | Mar 2026 | Mar 2025 | Mar 2024 |
|---|---|---|---|
| ROE % | 30.01 | 38.86 | 69.79 |
| ROCE % | 38.49 | 50.8 | 80.53 |
| Debt / Equity | 0.29 | 0.16 | 0.3 |
| RoNW % | 26.1 | 28.1 | 51.33 |
| Pat Margin % | 19.74 | 19.81 | 22.37 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| SJP Ultrasonics Ltd | 10 | 12.07 | 6.75 | 6.75 | 28.1 | 15.73 |
| Rinco Ultrasonics India Private Ltd | 10 | 0 | 75.56 | 75.56 | 12.64 | 597.93 |
| Unique Circle Automation Private Ltd | 100 | 0 | 7510.27 | 7510.27 | 22.41 | 33518.49 |
About SJP Ultrasonic Limited
Incorporated on January 27, 2012, SJP Ultrasonic Ltd. is engaged in providing end-to-end plastic joining and industrial automation solutions. The Company offers specialised solutions primarily to the automotive industry, along with customers operating in the medical, electrical, electronics, textile, FMCG, toys, gift and stationery, food and packaging, defence, and educational sectors. Its products and services are predominantly sold to manufacturers across these industries, resulting in a primarily business-to-business (“B2B”) business model.
The Company operates across three key business segments:
Plastic Joining Solutions: The Company provides specialised technologies and equipment for joining plastic components across various industrial applications.
Industrial Automation: The Company offers automation solutions designed to improve manufacturing efficiency, productivity, and process capabilities.
Laser Technology Solutions: The Company provides laser-based solutions for industrial applications, including precision processing and manufacturing requirements.
SJP Ultrasonic’s manufacturing facility is located 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 plans to strengthen its in-house manufacturing capabilities and enhance production efficiency through investments in advanced machinery, equipment, and software. The proposed investments include Milling Machines, CNC Lathe Machines, Compressors, CNC Bandsaw Machines, Overhead Cranes, 6-Axis Robots, CO₂ Laser Cutting Units, Computers, NX Software, SolidWorks Software, Diesel Generators, CMM Machines, Vibration Welders, and Laser Plastic Welders. These investments are aimed at improving manufacturing capacity, precision, automation, and overall operational efficiency.
As of March 31, 2026, the Company had a total workforce of 84 employees supporting its manufacturing, technical, operational, and administrative functions.
SJP Ultrasonic IPO Promoters
- Jignesh Pravinchandra Parekh
- Rupal Jignesh Parekh
- Parth Jignesh Parekh
- Parthvi Jignesh Parekh
- Jignesh Pravinchandra Parekh HUF
Promoters Holding
Holding Pre Issue
79.51%
Holding Post Issue
58.00%
SJP Ultrasonic IPO Objective
The Company SJP Ultrasonic IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding Capital Expenditure towards the Purchase of Machineries
- Funding working capital requirements of the Company
- General Corporate Purposes
SJP Ultrasonic Limited Address / 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/
IPO Snapshot
SJP Ultrasonic IPO Lot Size
The SJP Ultrasonic IPO has a lot size of 2,000 shares. Retail investors require a minimum investment of ₹2,68,000 by applying for 2 lot (4,000 shares). The maximum application allowed for the retail category is 2 lots (4,000 shares), requiring an investment of ₹2,68,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | 268,000.00 |
| Retail (Max) | 2 | 4,000 | 268,000.00 |
| S-HNI (Min) | 3 | 6,000 | 402,000.00 |
Issue Reservation
- NII — 50%
- RII — 50%
Book Running Lead Managers
- Khandwala Securities Limited
IPO Documents & Links
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Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the SJP Ultrasonic IPO?
SJP Ultrasonic IPO is a Fixed price IPO with a total issue size of ₹23.45 crore. The SJP Ultrasonic IPO price band is ₹67 to 67 per share. The SJP Ultrasonic IPO subscription opens on Wed, Sep 30, 2026, and closes on Mon, Oct 5, 2026. The SJP Ultrasonic IPO will be listed on the BSE. Maashitla Securities Pvt. Limited is the registrar for the SJP Ultrasonic IPO.
When will the SJP Ultrasonic IPO open for subscription?
The SJP Ultrasonic IPO opens on Wed, Sep 30, 2026 and closes on Mon, Oct 5, 2026
What is SJP Ultrasonic IPO Price Band?
SJP Ultrasonic IPO Price Band is ₹67 to 67 per share.
What is SJP Ultrasonic IPO Lot Size?
SJP Ultrasonic IPO lot size is 2000 shares, Retail investors need a minimum investment of ₹268000 based on the upper price band
What is the minimum investment for SJP Ultrasonic IPO?
The minimum investment for SJP Ultrasonic IPO is ₹268000, based on one lot of 2000 shares at the upper price band of ₹67 per share.
How to apply for SJP Ultrasonic IPO?
Investors can apply for the SJP Ultrasonic IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Oct 5, 2026. The application amount remains blocked until the SJP Ultrasonic IPO allotment is finalized.
What is SJP Ultrasonic IPO Issue Size?
SJP Ultrasonic IPO issue size is ₹23.45 crores.
What is the SJP Ultrasonic IPO Allotment Date?
SJP Ultrasonic IPO allotment date is Tue, Oct 6, 2026.
Who is the SJP Ultrasonic IPO Registrar?
The registrar for SJP Ultrasonic IPO is Maashitla Securities Pvt. Limited. Investors can go to Maashitla Securities Pvt. Limited website to check SJP Ultrasonic IPO allotment status, refund processing, and other IPO-related information.
Who is the SJP Ultrasonic IPO Lead Manager?
The book-running lead managers (BRLMs) for the SJP Ultrasonic IPO are Khandwala Securities Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the SJP Ultrasonic IPO Red Herring Prospectus (RHP).