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SJP Ultrasonics IPO

GMP, Subscription, Price, Allotment, Listing Date & AI Prediction

Open

BSE SME

PRICE BAND

Rs 67 - 67

LOT SIZE

4,000

Shares

MIN INVEST

Rs 2.7L

CUT-OFF

Rs 67

per share

Open

30 Sept 2026

Last Day

05 Oct 2026

Allotment

06 Oct 2026

Expected Refund

07 Oct 2026

Listing

08 Oct 2026

GMP Today

25m ago

0%

Rs 0 premium

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Est. Listing Price

GMP Based

Rs 67

Issue Price + GMP (Dynamic)

Est. Profit (1 Lot)

GMP Based

+Rs 0

+0.0% (4000 shares)

Subscription

0.54x

Day 2 - Live

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Real-time subscription data

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Current IPO Status: open

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About SJP Ultrasonics

Industrial Automation

SJP Ultrasonics was incorporated on January 27, 2012. The company operates across three main segments: Plastic Joining Solutions, Industrial Automation and Laser Technology Solutions. Its plastic joining portfolio includes ultrasonic welding, vibration welding, hot plate welding, spin welding and heat staking. The company also manufactures specialised tooling and automation systems and provides laser marking, welding and cutting solutions. Its customer base is primarily B2B and spans multiple industrial sectors. As of March 31, 2026, the company had 84 employees and an order book of ₹21.19 Cr. The company has expanded its sales and service presence across locations including Vasai, Pune, Gurugram and Chennai.

IPO_DETAILS_LONG: SJP Ultrasonics IPO is a BSE SME fixed-price issue of 35,00,000 equity shares of face value ₹10 each at a fixed issue price of ₹67 per share, aggregating to ₹23.45 Cr. The issue is entirely a fresh issue with no OFS component. The IPO opens on September 30, 2026 and closes on October 5, 2026. Allotment is scheduled for October 6, refund and share credit for October 7, and listing on BSE SME is scheduled for October 8, 2026. The issue includes a market maker reservation of 1,76,000 shares. The company proposes to use the proceeds towards purchase of machinery, working capital requirements and general corporate purposes.

Issue Details

Total Issue Size

Rs 23 Cr

Issue Size for Retail

Rs 11.14 Cr

Fresh Issue vs OFS

Fresh Issue
Rs 23.45 Cr (100%)

Reservation Quota

QIB

0%

Retail

47.49%

NII

47.49%

Lead Manager

Khandwala Securities Ltd.

Registrar

Maashitla Securities Pvt. Ltd.

Objects of the Issue (as per DRHP)

  • 1Funding Capital Expenditure towards the Purchase of Machineries - 13.22 Cr
  • 2Funding working capital requirements of the Company - 4.92 Cr
  • 3General Corporate Purposes - 3.05 Cr
  • 4Issue Expenses - 3.16 Cr

Key Performance Indicator (KPI)

KPIMar 31, 2025NA
ROE38.86%NA
ROCE50.80%NA
Debt/Equity0.16NA
RoNW28.10%NA
PAT Margin19.81%NA
EBITDA Margin32.47%NA
Price to Book Value4.26
Pre IPOPost IPO
EPS (Rs)5.554.05
P/E (x)12.0716.54
Promoter Holding79.51%58.00%
Market CapRs 86.70 Cr.

Jignesh Pravinchandra Parekh; Rupal Jignesh Parekh; Parth Jignesh Parekh; Parthvi Jignesh Parekh; Jignesh Pravinchandra Parekh HUF

SJP Ultrasonics Financials

Company financial data by reporting period. Amounts in Rs crore; ratios and percentages as labelled. A dash means not available, not zero.
MetricFY24FY25FY26
Total Income15.2221.1526.63
Net Profit (PAT)3.44.175.24
EBITDA5.436.938.32
Borrowings2.012.415.78
ROENA38.86%NA
ROCENA50.8%NA
Debt/EquityNA0.16NA
Assets16.9727.0635.2

Company Financials

Financial charts load as you reach this section.

MARKET SENTIMENT SCORE

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NA

Based on expert reviews, GMP trends & market signals

Expert Reviews & Opinions

Expert reviews for SJP Ultrasonics IPO will appear here once available.

Reviews are summarized from YouTubers, analysts, news channels, and brokerage firms using AI.

Company Contact Details

Gala No. 1 and Gala No. 2, Shiv Shankar Industrial Complex 2, Bhutpada, Building No. 5, Opp. Golden Chariot Hotel, Highway, Vasai East, Palghar, Maharashtra - 401208

Green Flags

  • End-to-end plastic joining and automation solution provider.
  • Three business segments covering plastic joining, industrial automation and laser technology.
  • FY24 to FY26 total income increased from ₹15.22 Cr to ₹26.63 Cr.
  • FY24 to FY26 PAT increased from ₹3.40 Cr to ₹5.24 Cr.
  • FY25 reported ROE of 38.86% and ROCE of 50.80%.
  • FY25 debt/equity was 0.16x.
  • Long-standing customer and supplier relationships.
  • Order book of ₹21.19 Cr as of March 31, 2026.
  • Manufacturing and service presence across multiple locations.

Red Flags

  • SME IPO with a minimum retail application of ₹2.68 lakh.
  • Borrowings increased from ₹2.01 Cr in FY24 to ₹5.78 Cr in FY26.
  • Operating cash flow was negative in FY25 and FY26.
  • Business has exposure to cyclical industrial and automotive demand.
  • A significant portion of the fresh issue is being used for machinery and working capital expansion.
  • The company operates in specialised industrial markets where execution and customer concentration can affect results.
  • === END ===

Frequently Asked Questions

What is the price band of SJP Ultrasonics IPO?

The price band is Rs 67-67 per share. One lot contains 4000 shares; its value at the upper price is Rs 2,68,000. Check the issue terms for the minimum application size applicable to your category.

What are the bidding dates for SJP Ultrasonics IPO?

The scheduled bidding period is 30 Sept 2026 to 5 Oct 2026.

When is SJP Ultrasonics IPO scheduled to list?

The scheduled listing date is 8 Oct 2026. The actual listing price is determined on the exchange, not by the grey market premium or an AI estimate.

Who is the registrar for SJP Ultrasonics IPO?

Maashitla Securities Pvt. Ltd. is the registrar. See the allotment page for the available schedule and official checking link.

Who manages SJP Ultrasonics IPO?

Lead manager information recorded for this issue: Khandwala Securities Ltd..

Disclaimer

IPOGyani is not SEBI registered and does not provide investment advice. All information is for educational purposes only.

AI predictions are probabilistic estimates based on historical data and market trends. Past performance is not indicative of future results.

GMP (Grey Market Premium) data is sourced from various unofficial channels and may not be accurate. Always verify from multiple sources.

Investors should do their own research (DYOR) and consult a SEBI registered advisor before investing.

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