SJP Ultrasonics Ltd. logo

SJP Ultrasonics was incorporated on January 27, 2012. The company provides end-to-end plastic joining and automation solutions, mainly serving the automotive, medical, electrical, electronics, textile, FMCG, packaging and other industries. Its key business segments include plastic joining solutions and industrial automation and laser technology solutions

Bidding Dates
30 Sep 2026 - 05 Oct 2026
Subscription
1.78x Oversubscribed
Minimum InvestmentMinimum LotMaximum LotLot SizeNumber of SharesIssue PricePost Issue Promoter Holding %Issue SizeIPO Document
₹268,0002220003.5 M₹6758 %₹234.5 MRHP DOC

SJP Ultrasonics IPO SUBSCRIPTION STATUS

05 Oct '26
Total1.78x
Retail Individual Investor1.69x
HNI (NII) Investors1.86x
Qualified Institutional Buyers-

SJP Ultrasonics IPO overall subscription rate was 1.78 times the total available shares

SJP Ultrasonics IPO retail subscription rate was 1.69 times in the retail segment

SJP Ultrasonics IPO non-institutional investor subscription rate was 1.86 times in the non-institutional investor category

DayRetail Individual InvestorHNI (NII) InvestorsQualified Institutional Buyers
Category Reservation50%50%-
05 Oct 2026
(Day 3)
1.69x1.86x-
01 Oct 2026
(Day 2)
0.22x0.91x-
30 Sep 2026
(Day 1)
0.09x0.7x-

SJP Ultrasonics FINANCIALS

Period Revenue from Operations (Rs in crore) Net Profit (Rs in crore) Cash Flow from Operations (Rs in crore) Free Cash Flow (Rs in crore) Margins
FY26 26.6 5.2 -2.7 -3.1 31.0%
FY25 21.1 4.2 -2.9 -3.5 32.5%
FY24 15.2 3.4 0.1 -0.4 35.6%

SJP Ultrasonics IPO SUBSCRIPTION STATUS DETAILS

SJP Ultrasonics had 3.5 M shares on offer

SJP Ultrasonics IPO offer price was ₹67

SJP Ultrasonics IPO minimum Investment was ₹268000

SJP Ultrasonics IPO issue size was ₹ 234.5 M

SJP Ultrasonics had a minimum lot size of 2000 Shares per application

SJP Ultrasonics NUMBER OF SHARES ON OFFER

Total3.5 M
Fresh Issue3.5 M
Offer for Sale0
Post Issue Promoter Holding %58 %

SJP Ultrasonics IPO IMPORTANT DATES

Issue Open Date30 Sep 2026
Issue close Date05 Oct 2026
Allotment Date06 Oct 2026
Refund Date07 Oct 2026
Demat Account Credit Date07 Oct 2026
Listing Date08 Oct 2026
Listing on Exchange(s)BSE
SJP Ultrasonics Allotment StatusExchange/ Registrar

SJP Ultrasonics IPO subscription opened on 30 Sep 2026, and closed on 05 Oct 2026

IPO allotment for SJP Ultrasonics was finalized on Tuesday, 06 Oct 2026

IPO listing for SJP Ultrasonics was on BSE on Thursday, 08 Oct 2026

SJP Ultrasonics IPO LISTING GAINS

Issue Price (adjusted)67.0
Listing Open Price74.2
Listing Close Price73.0
Listing Gain%10.8%
Current Gain%9.6%

SJP Ultrasonics Peer

StockStock PriceMarket Cap (Rs crore)PE TTMPEG TTMPS TTMROE%ROA%Annual Revenue (Rs crore)Annual Revenue Growth %Annual Net Profit (Rs crore)Annual Net Profit Growth %EPS TTMEPS TTM Growth %
SJP Ultrasonics Ltd.73.49518.10.73.626.114.926.625.95.225.64.125.6
Solar Industries India Ltd.20000180980.290.91.615.926.715.49965.730.91677.638.7220.157.8
PTC Industries Ltd.2453536784.1292.92.852.76.75.2643.388101.666.483.8105
Inox India Ltd.2056.918701.873.48.511.623.112.81632.321.2257.914.1288.7
Kennametal India Ltd.4166.99158.146.70.56.12315.51521.528.419690.589.290.5
Precision Wires India Ltd.482.78824.150.50.61.420.16.95463.435.4155.372.49.684

SJP Ultrasonics INFORMATION ON IPO ISSUE

About SJP Ultrasonics

SJP Ultrasonics was incorporated on January 27, 2012. The company provides end-to-end plastic joining and automation solutions, mainly serving the automotive, medical, electrical, electronics, textile, FMCG, packaging and other industries. Its key business segments include plastic joining solutions and industrial automation and laser technology solutions

Object of the Issue

  • Funding capital expenditure towards the purchase of machineries
  • Funding working capital requirements of the company
  • General corporate purpose

SJP Ultrasonics - PROMOTERS

Name
Jignesh Pravinchandra Parekh
Rupal Jignesh Parekh
Parth Jignesh Parekh
Parthvi Jignesh Parekh
Jignesh Pravinchandra Parekh HUF

SJP Ultrasonics - MANAGEMENT & LEADERSHIP

NameDesignation
Jignesh Pravinchandra ParekhChairman & Managing Director
Rupal Jignesh ParekhWhole-time Director
Shivanni Sujal ShahIndependent Director
Kishore D SonechaIndependent Director
Rajesh Girish JainIndependent Director

SJP Ultrasonics Book Running Lead Manager

Khandwala Securities Limited

ipo@kslindia.com

SJP Ultrasonics Registrar to the Offer

Maashitla Securities Private Limited

investor.ipo@maashitla.com

SJP Ultrasonics Strengths

End-to-end solutions

The company provides end-to-end solutions covering design, plastic material selection, equipment manufacturing, installation, testing, commissioning and maintenance, primarily for the automotive industry and other sectors. Its in-house design, engineering, procurement and testing capabilities enable customised solutions with quality and cost control from concept to implementation

Strength

Diversified product portfolio

The company continuously develops and diversifies its product portfolio through strategically located manufacturing and branch facilities to meet changing customer needs. Its products include plastic welding machines and tools, industrial automation machines and laser technology machines serving diverse industries

Strength

Quality

The company is ISO 9001:2015 certified for manufacturing and supplying plastic welding machines and conducts quality checks on raw materials, semi-finished and finished products. Trial runs and, where required, third-party testing help ensure products meet customer requirements for safety, durability and environmental standards

Strength

SJP Ultrasonics Risks

Depend on third-party logistics

The company relies on third-party logistics providers for transporting raw materials and finished products and has no long-term contracts with them. Delays, service disruptions, rising transportation costs, damage or loss of goods and other unforeseen events may affect deliveries, increase costs and adversely impact its operations, profitability and reputation

Risk

Competition

The company operates in a highly competitive and fragmented market with organised and unorganised domestic and international players, including new entrants offering competitive pricing. Intense competition in pricing, product quality, functionality, distribution and services may lead to pricing pressure, loss of market share and lower revenues and profitability

Risk

Technology adaptation risks

The company’s ability to remain competitive depends on continuously upgrading its systems, infrastructure and technologies to meet evolving customer requirements and industry trends. Failure to adopt new technologies, replace outdated systems or secure adequate resources for upgrades may reduce product attractiveness and adversely affect its business, operations and financial performance

Risk

IPO FAQs

  • The promoters of the company are Jignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Parekh, Parthvi Jignesh Parekh and Jignesh Pravinchandra Parekh HUF.
  • The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
  • The price band of the IPO is Rs 67.0 - 67.0.
  • The IPO application opens on Sep 30, 2026 and closes on Oct 05, 2026.
  • The minimum lot size for the IPO is 4000. The maximum lot size for the IPO is 4000.
  • For all category investors, the minimum application amount for this IPO is Rs. 268,000.0, the maximum value for this IPO is Rs 268,000.0.
  • This IPO will be allotted on Oct 06, 2026.
  • The refund will be credited to your account on Oct 07, 2026.
  • The allotted shares will be credited to your demat on Oct 07, 2026.
  • SJP Ultrasonics Ltd.’s shares listed on the stock exchanges on Oct 08, 2026.