Industrial Equipment & Ultrasonic Systems - Listed on 08 October 2026
SJP Ultrasonics (Industrial Equipment & Ultrasonic Systems) closed its IPO window in 2026 and listed on NSE and BSE on 08 October 2026 at an upper band issue price of Rs 67, opening at Rs 74.2 for a listing gain of +10.8%. The IPO was subscribed 1.87x overall - QIB -, HNI/NII 1.90x, Retail 1.70x. The total issue size was Rs 23.45 Cr (Fresh Issue Rs 23.45 Cr, OFS Rs 0 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.
Industrial Equipment & Ultrasonic Systems
SJP Ultrasonics operates in the Industrial Equipment & Ultrasonic Systems space. The company’s listed profile is shaped by its operating niche, customer demand and ability to convert that demand into steady cash flows. Investors should read its exchange filings alongside the headline listing numbers for a fuller view of the business.
Issue structure, listing outcome and context
The SJP Ultrasonics issue was offered at an upper price of Rs 67 and raised approximately Rs 23.45 crore. The final outcome reflected a mix of subscription demand, valuation, market conditions and the company’s own operating story. Fresh issue and offer-for-sale details, where available, are shown in the issue metrics below.
Number of times each investor category subscribed by close of Day 3.
How overall subscription built up across the three-day issue window.
Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.
| Day | GMP (Rs) | GMP % |
|---|---|---|
| Day 1 | - | - |
| Day 2 | - | - |
| Day 3 | - | - |
| Day 4 | - | - |
| Day 5 | - | - |
How the broader market moved around the SJP Ultrasonics IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.
SJP Ultrasonics IPO listed at +10.8% versus the upper issue price of Rs 67 on 08 October 2026.
SJP Ultrasonics IPO was subscribed 1.87x overall. QIB portion was subscribed -, HNI / NII 1.90x and Retail 1.70x.
Day-by-day IPO GMP data for SJP Ultrasonics is listed in the table above.