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SJP Ultrasonics IPOLISTED
SJP Ultrasonics Limited provides plastic joining, industrial automation and laser technology solutions, primarily serving the automotive sector along with medical, electronics, FMCG, packaging and other industries.
Listing price
₹74.2
Listing gain
+10.75%
Current
₹74.2
Listed
08 Oct 26
Opens
30 Sept 26Closes
05 Oct 26Allotment
06 Oct 26Refund
07 Oct 26Demat
07 Oct 26Listing
08 Oct 26Listed at
₹74.2
+10.75% on 08 Oct 26
Overview
Price band
₹67
Lot size
2000 shares
Min. investment
₹2,68,000
Issue size
₹23.45 Cr
35.00 L shares
Fresh issue
₹23.45 Cr
35.00 L shares
Face value
₹10 / share
Issue type
Fixed Price Issue
Listing at
BSE
Reservation
| Category | Shares offered | % of issue |
|---|---|---|
| Market Maker | 1,76,000 | 5.03% |
| NII (HNI) | 31,10,000 | 47.49% |
| Individual | 16,62,000 | 47.49% |
| Total | 49,48,000 | 100.01% |
Lot size & investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹2,68,000 |
| Retail (Max) | 2 | 4,000 | ₹2,68,000 |
| S-HNI (Min) | 3 | 6,000 | ₹4,02,000 |
| S-HNI (Max) | 7 | 14,000 | ₹9,38,000 |
| B-HNI (Min) | 8 | 16,000 | ₹10,72,000 |
Listing performance
NSE/BSE: SJPULTRASONICSListing gain
+10.75%
Gain per retail lot
₹28,800
Latest vs issue
—
GMP was
—
Issue price
Listing price
Latest price appears here during market hours.
SJP Ultrasonics Live GMP
Not enough GMP history yet to draw a trend.
Subscription
06 Oct, 12:00 amOversubscribed 1.48 times · 557 applications
Total applications
557
Total bid amount
₹33.03 Cr
Category breakdown
| Category | Shares offered | Shares bid | Times | Bid amount |
|---|---|---|---|---|
| Retail | 16,62,000 | 16,68,000 | 1.00x | ₹11.18 Cr |
| Total | 33,24,000 | 49,30,000 | 1.48x | ₹33.03 Cr |
| NII (Including QIB) | 16,62,000 | 32,62,000 | 1.96x | ₹21.86 Cr |
Application-wise breakup
| Category | Applications reserved | Applied | Times |
|---|---|---|---|
| S-HNI | 277 | 77 | 0.28x |
| Retail | 416 | 417 | 1.00x |
Allotment chance per application is roughly 1 ÷ times for the category (lottery for retail and S-HNI).
Financials
(₹ in crores)
Key performance indicators
As of 31 Mar 2026ROE
30.01%
PAT Margin
19.74%
ROCE
38.49%
EBITDA Margin
31.02%
RoNW
26.1%
Valuation vs listed peers
EPS Pre IPO
₹5.55
EPS Post IPO
₹4.05
P/E Pre IPO
12.07
P/E Post IPO
16.54
Buzz AI analysis
From this IPO's filings and market data · educational, not investment advice
Revenue growth FY24 → FY26
+75.0%
Profit growth FY24 → FY26
+54.1%
ROCE
38.49%
- PAT margin 19.7% and ROCE 38.5%.
Strengths & risks
- End-to-End Solutions across plastic joining and automation.
- Strong Supplier Relationships with established suppliers.
- Established Customers with long-term relationships.
- Diverse Industry Exposure across multiple sectors.
- Experienced Management with industry expertise.
Buzz score · Neutral
From GMP, subscription and issue size
Objects of the issue
| Purpose | Amount (₹ Cr) |
|---|---|
| Funding Capital Expenditure towards the Purchase of Machineries. | 13.22 |
| Funding working capital requirements of the Company. | 4.92 |
| General Corporate Purposes. | 3.05 |
| Issue Expenses. | 3.16 |
Company & documents
SJP Ultrasonics Limited is an end-to-end plastic joining and automation solutions provider, primarily serving the automotive industry and customers across medical, electrical, electronics, textile, FMCG, packaging, defence and other sectors. The Company follows a B2B business model, supplying products and services mainly to manufacturers.
Business Segments:
- Plastic Joining Solutions including ultrasonic, vibration, hot plate, spin and heat staking welding machines.
- Industrial Automation including robotics, conveyors and assembly-line automation.
- Laser Technology Solutions including laser marking, cutting and welding machines.
The Company provides machinery design, engineering and feasibility assessment services based on customer requirements and operates its manufacturing facility in Vasai East, Palghar, Maharashtra.
As of March 31, 2026, the Company had 64 ongoing purchase orders with an order book of ₹21.19 crore and 84 employees.
Registrar
Company contact
SJP Ultrasonics Limited
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
Phone: +91 777 0010869
Email: cs@sjpultrasonics.in
Book running lead managers
- Khandwala Securities Ltd.
Promoters
- Jignesh Pravinchandra Parekh
- Rupal Jignesh Parekh
- Parth Jignesh Parekh
- Parthvi Jignesh Parekh
- Jignesh Pravinchandra Parekh (HUF)