- POSITIVE
Annual Revenue SJP Ultrasonics Mar-2026 Annual Revenue is Rs 27 Cr which is growth of 25.9% YoY.
- POSITIVE
Annual Net Profit SJP Ultrasonics Mar-2026 Annual Net Profit is Rs 5 Cr which is growth of 25.6% YoY.

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 Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹268,000 | 2 | 2 | 2000 | 3.5 M | ₹67 | 58 % | ₹234.5 M | RHP DOC |
SJP Ultrasonics IPO SUBSCRIPTION STATUS
05 Oct '26SJP 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
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
05 Oct 2026 (Day 3) | 1.69x | 1.86x | - |
01 Oct 2026 (Day 2) | 0.22x | 0.91x | - |
30 Sep 2026 (Day 1) | 0.09x | 0.7x | - |
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
SJP Ultrasonics IPO IMPORTANT DATES
| Issue Open Date | 30 Sep 2026 |
| Issue close Date | 05 Oct 2026 |
| Allotment Date | 06 Oct 2026 |
| Refund Date | 07 Oct 2026 |
| Demat Account Credit Date | 07 Oct 2026 |
| Listing Date | 08 Oct 2026 |
| Listing on Exchange(s) | BSE |
| SJP Ultrasonics Allotment Status | Exchange/ 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 Price | 74.2 |
| Listing Close Price | 73.0 |
| Listing Gain% | 10.8% |
| Current Gain% | 9.6% |
SJP Ultrasonics Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SJP Ultrasonics Ltd. | 73.4 | 95 | 18.1 | 0.7 | 3.6 | 26.1 | 14.9 | 26.6 | 25.9 | 5.2 | 25.6 | 4.1 | 25.6 |
| Solar Industries India Ltd. | 20000 | 180980.2 | 90.9 | 1.6 | 15.9 | 26.7 | 15.4 | 9965.7 | 30.9 | 1677.6 | 38.7 | 220.1 | 57.8 |
| PTC Industries Ltd. | 24535 | 36784.1 | 292.9 | 2.8 | 52.7 | 6.7 | 5.2 | 643.3 | 88 | 101.6 | 66.4 | 83.8 | 105 |
| Inox India Ltd. | 2056.9 | 18701.8 | 73.4 | 8.5 | 11.6 | 23.1 | 12.8 | 1632.3 | 21.2 | 257.9 | 14.1 | 28 | 8.7 |
| Kennametal India Ltd. | 4166.9 | 9158.1 | 46.7 | 0.5 | 6.1 | 23 | 15.5 | 1521.5 | 28.4 | 196 | 90.5 | 89.2 | 90.5 |
| Precision Wires India Ltd. | 482.7 | 8824.1 | 50.5 | 0.6 | 1.4 | 20.1 | 6.9 | 5463.4 | 35.4 | 155.3 | 72.4 | 9.6 | 84 |
SJP Ultrasonics annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | Mar '26 | Mar '25 | Mar '24 |
|---|---|---|---|---|
| 26.6 | 21.2 | 15.2 | ||
Operating Exp. Ann. | 18.3 | 14.2 | 9.8 | |
Operating Profit Ann. | 8.3 | 6.8 | 5.4 | |
OPM Ann. % | 31.05% | 32.32% | 35.57% | |
| 19.6 | 15.7 | 10.5 | ||
EBITDA Ann. | 8.4 | 6.9 | 5.4 | |
EBITDA Ann. margin % | 31.34% | 32.78% | 35.65% | |
Interest Ann. | 0.9 | 0.9 | 0.4 | |
Depr. | 0.4 | 0.5 | 0.3 | |
PBT Ann. | 7 | 5.5 | 4.7 | |
Tax Ann. | 1.8 | 1.3 | 1.3 | |
| 5.2 | 4.2 | 3.4 | ||
Net Profit Ann. | 5.2 | 4.2 | 3.4 | |
NPM Ann. % | 19.74% | 19.81% | 22.36% | |
EPS Adj. latest Ann. | 4.1 | 3.2 | 2.6 |
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
| Name | Designation |
|---|---|
| Jignesh Pravinchandra Parekh | Chairman & Managing Director |
| Rupal Jignesh Parekh | Whole-time Director |
| Shivanni Sujal Shah | Independent Director |
| Kishore D Sonecha | Independent Director |
| Rajesh Girish Jain | Independent 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
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
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
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
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
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
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.
