SJP Ultrasonic IPO
SJP Ultrasonic IPO is a ₹23.45 crore fixed-price issue comprising 35.00 lakh fresh equity shares. The company provides end-to-end plastic joining and automation solutions across automotive, medical, electrical, electronics, textile, FMCG, food and packagi
SJP Ultrasonic IPO Details
SJP Ultrasonic Limited is an end-to-end plastic joining and automation solutions provider. Its business segments include plastic joining solutions, industrial automation and laser technology solutions. The company serves manufacturers across automotive, medical, electrical, electronics, textile, FMCG, toys, gift and stationery, food and packaging, defence and educational industries.
SJP Ultrasonic IPO Timeline (Tentative)
SJP Ultrasonic IPO is scheduled to open on September 30, 2026 and close on October 5, 2026. Allotment is expected on October 6, refund and demat credit are scheduled for October 7, and listing is scheduled for October 8, 2026.
| Event | Tentative Date |
|---|---|
| IPO Open Date | Wed, Sep 30, 2026 |
| IPO Close Date | Mon, Oct 5, 2026 |
| Basis of Allotment | Tue, Oct 6, 2026 |
| Initiation of Refunds | Wed, Oct 7, 2026 |
| Credit of Shares to Demat | Wed, Oct 7, 2026 |
| Listing Date | Thu, Oct 8, 2026 |
| IPO Opens | Sep 30, 2026 |
| IPO Closes | Oct 5, 2026 |
| Basis of Allotment | Oct 6, 2026 |
| Refund Initiation | Oct 7, 2026 |
| Credit of Shares to Demat | Oct 7, 2026 |
| Listing Date | Oct 8, 2026 |
SJP Ultrasonic IPO Lot Size
Investors can bid for a minimum of 4,000 shares, equivalent to 2 lots, and thereafter in multiples of 2,000 shares. The minimum retail investment at the issue price of ₹67 is ₹2,68,000.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,68,000 |
| Retail (Max) | 2 | 4,000 | ₹2,68,000 |
| HNI (Min) | 3 | 6,000 | ₹4,02,000 |
SJP Ultrasonic IPO Subscription
Subscription figures are not available before the IPO opens for subscription.
| Category | Subscription (times) |
|---|---|
| QIB | N.A. |
| NII | N.A. |
| RII | N.A. |
| Total | N.A. |
About SJP Ultrasonic
SJP Ultrasonic Limited was incorporated on January 27, 2012. The company provides end-to-end plastic joining and automation solutions, with its major business segments being plastic joining solutions, industrial automation and laser technology solutions. Its solutions are mainly supplied to manufacturers across automotive, medical, electrical, electronics, textile, FMCG, toys, gift and stationery, food and packaging, defence and educational industries.
The company's manufacturing facility is located at Vasai East, Palghar, Maharashtra. As of March 31, 2026, the company had 84 employees. It plans to enhance its in-house manufacturing capabilities and production efficiency through investment in machinery and equipment.
Strengths
- End-to-end plastic welding solution provider with diverse service offerings.
- Long-standing relationships with raw material and equipment suppliers.
- Established relationships with customers with potential for customer expansion.
- Diverse range of specialised plastic products across multiple industries.
- Quality standard certifications and quality testing capabilities.
Risks to Consider
- Dependence on key business segments including plastic joining solutions and industrial automation.
- Dependence on established customers and industry-specific demand.
- Exposure to changes in raw material and equipment costs.
- Requirement for continued investment in technology, machinery and production capabilities.
- Business-to-business concentration across manufacturing industries.
SJP Ultrasonic Financials (₹ Cr)
SJP Ultrasonic reported growth in total income and PAT in FY2026. Total income increased from ₹21.15 crore in FY2025 to ₹26.63 crore in FY2026, while PAT increased from ₹4.17 crore to ₹5.24 crore.
| Period | Revenue | PAT | Total Assets | Net Worth |
|---|---|---|---|---|
| FY2026 | 26.63 | 5.24 | 35.20 | 20.09 |
| FY2025 | 21.15 | 4.17 | 27.06 | 14.85 |
| FY2024 | 15.22 | 3.40 | 16.97 | 6.73 |
KPIs & Valuation
SJP Ultrasonic reported ROE of 38.86%, ROCE of 50.80%, debt-to-equity of 0.16x, PAT margin of 19.81% and EBITDA margin of 32.47% based on the KPI information provided for March 31, 2025.
Objects of the Issue
The company proposes to utilise the net proceeds from the IPO towards capital expenditure for purchasing machinery, working capital requirements, general corporate purposes and issue expenses.
- Funding capital expenditure towards purchase of machineries — ₹13.22 Cr
- Funding working capital requirements of the company — ₹4.92 Cr
- General corporate purposes — ₹3.05 Cr
- Issue expenses — ₹2.26 Cr
Promoters, Lead Managers & Registrar
Promoters, book-running lead managers (BRLMs) and the registrar handling the SJP Ultrasonic IPO.
Promoters
Lead Managers (BRLM)
Registrar
| Name | Maashitla Securities Pvt. Ltd. |
|---|---|
| Phone | 011-45121795 |
| investor.ipo@maashitla.com | |
| Website | maashitla.com/allotment-status/public-issues |
SJP Ultrasonic IPO Review
SJP Ultrasonic reported total income of ₹26.63 crore and PAT of ₹5.24 crore in FY2026, compared with total income of ₹21.15 crore and PAT of ₹4.17 crore in FY2025. FY2026 EBITDA stood at ₹8.32 crore. The company reported FY2025 ROE of 38.86%, ROCE of 50.80% and debt-to-equity of 0.16x. The IPO is offered at ₹67 per share, with pre-IPO EPS of ₹5.55 and post-IPO EPS of ₹4.05.
How to Apply
- Log in to your broker or trading platform.
- Select SJP Ultrasonic IPO from the IPO section.
- Enter the required number of lots.
- Enter the IPO price of ₹67 per share.
- Enter your registered UPI ID.
- Submit the IPO application.
- Approve the UPI mandate received on your UPI application.
- Ensure sufficient funds are available in the linked bank account.
- Check the application status through your broker or registrar.
- After allotment, shares will be credited to the demat account and the blocked amount for unsuccessful applications will be released.
Prospectus & Documents
The DRHP for SJP Ultrasonic IPO is available for detailed information about the proposed issue.
Last updated Sep 25, 2026.