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SUSJPListed

SJP Ultrasonic Limited

Fixed Price IPO · BSE

Price band
₹67 - ₹67
Lot size
2,000 shares
Issue amount
₹23.45 cr
Total subscription
1.48×
Current price₹100.84
Listing price ₹74.2
Watch live price ↗
Opens
30 Sept 2026
Closes
5 Oct 2026
Allotment
6 Oct 2026
Listing
8 Oct 2026

Offer at a glance

Issue overview

Issue size
35,00,000 shares
Face value
₹10 per share
Minimum investment
₹1,34,000
Fresh issue
₹23.45 cr
Offer for sale
₹0 cr
Registrar
Maashitla Securities Private Limited
Listing exchange
BSE
Maximum investment
₹1,34,000
Issue type
Fixed Price IPO
Shares before issue
94,40,000
Shares after issue
1,29,40,000

Lot sizes

CategoryLotsSharesAmount
RETAIL24,000₹2,68,000
sHNI36,000₹4,02,000

Share reservation

HNI47.49%
RETAIL47.49%
Market Maker5.03%

Subscription & GMP

Subscription by category

Total subscribed1.48×

Reported 5 Oct 2026

NIB1.96×
RETAIL1×

GMP history

00.513 Apr: ₹025 Sept: ₹028 Sept: ₹029 Sept: ₹030 Sept: ₹01 Oct: ₹05 Oct: ₹019 Oct: ₹020 Oct: ₹021 Oct: ₹022 Oct: ₹023 Oct: ₹0
3 Apr₹023 Oct

Day-wise demand

30 Sept0.42×
1 Oct0.6×
2 Oct0.6×
5 Oct1.48×

Application-wise demand

CategoryReserved applicationsApplied applications
RETAIL416417
HNIs (2-10L)27777

Subscription demand

Amounts in ₹ crore. HNI subcategories are included in the NII total.

CategoryOfferedDemand
RETAIL11.1411.18
NIB11.1421.82
HNIs11.1421.86

Financial performance

Company financials

In Crores · Reported periods may include interim results.

Revenue & profitIn Crores
0102030Mar-24 · Revenue: 15.22Mar-24 · Profit after tax: 3.4Mar-24Mar-25 · Revenue: 21.15Mar-25 · Profit after tax: 4.17Mar-25Mar-26 · Revenue: 26.63Mar-26 · Profit after tax: 5.24Mar-26
RevenueProfit after tax

Key performance indicators

MetricMar-26Mar-25Mar-24
EPS5.556.756.19
ROE30.0138.8669.79
ROCE38.4950.880.53
RONW000
PRE IPO(PE)12.0700
POST IPO(PE)16.5400

Values and labels as reported in the issue data.

Peer comparison

CompanyP/E(X)CMP* (₹)Face value (₹)NAV/Share (₹)RONW(%)EPS (Basic) (₹)
SJP Ultrasonic Limited12.070015.7328.106.75
Rinco Ultrasonics India Private Limited000597.9312.6475.56
Unique Circle Automation Private Limited000597.9312.6475.56

Company information

Company profile

Incorporated on January 27, 2012, SJP Ultrasonic Ltd. provides end-to-end plastic joining and automation solutions for industries such as automotive, medical, electrical, electronics, textile, FMCG, toys, stationery, food and packaging, defence, and education. The company operates through three main business segments: plastic joining solutions, industrial automation, and laser technology solutions, primarily serving manufacturers in a B2B model. Its competitive strengths include offering comprehensive plastic welding solutions, long-standing relationships with raw material and equipment suppliers, a diverse range of specialised plastic products, strong customer relationships with room for expansion, and adherence to quality standards and certifications

Strengths

  • Specialized Ultrasonic Products: Manufactures ultrasonic cleaning and inspection equipment, giving it a niche market presence.
  • Industrial Applications: Products cater to multiple sectors like healthcare, automotive, and electronics, ensuring diversified revenue streams.
  • Growth Potential: Increasing adoption of precision cleaning and inspection solutions supports long-term business expansion

Risk factors

  • Limited Scale: Smaller operations compared to established industrial equipment manufacturers may restrict growth.
  • Capital Intensive: Requires investment in advanced machinery and R&D for product development.
  • Market Competition: Faces competition from both domestic and international ultrasonic equipment providers.

Promoters

Jignesh Pravinchandra Parekh

Rupal Jignesh Parekh

Parth Jignesh Parekh

Parthvi Jignesh Parekh

Jignesh Pravinchandra Parekh HUF

Registrar & documents

Lead manager

Khandwala Securities Limited

Registered office

Gala No. 1 and Gala No. 2, Shiv Shankar Industrial, Complex 2, Bhutpada, Building No.5, Opp. Golden Ch, Opp. Golden Chariot Hotel, Highway, Vasai East, Palghar, Maharashtra, 401208

+91 777 0010869

[email protected]Company website ↗

Understanding SJP IPO data

Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.