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  1. SJP Ultrasonic IPO
SJP Ultrasonic IPO
1.86xsubscribed

SJP Ultrasonic IPO

Plastic Products
listed
₹2.68LMin. investment

SJP Ultrasonic Limited IPO Details

SectorPlastic Products
Price range₹67.00 – ₹67.00
IPO type
SME
Lot size2000 shares
Issue size₹23Cr
Draft Red Herring Prospectus
Read
Market cap
₹86.7CrLower than sector avg
RevenueApr 2025 - Mar 2026
₹26.56CrLower than sector avg
Growth rate3Y CAGR
32.14%

SJP Ultrasonic IPO Subscription Status

Date
QIB
NII
Retail
Total
30-Sep-26
0.0 times (X)
0.74 times (X)
0.1 times (X)
0.42 times (X)
01-Oct-26
0.0X
0.96X
0.23X
0.6X
05-Oct-26
0.0X
1.96X
0.99X
1.86X

As on 30-Sep-26, 5:00 PM

SJP Ultrasonic IPO Timeline

  1. Pre-apply
    29 Sep 2026
  2. Bid start
    30 Sep 2026
  3. Bid end
    5 Oct 2026
  4. Allotment
    6 Oct 2026
  5. Release of funds
    7 Oct 2026
  6. Demat transfer
    7 Oct 2026
  7. Listing
    8 Oct 2026

About SJP Ultrasonic Limited

SJP Ultrasonics provides end-to-end plastic joining and automation solutions through three business segments: plastic joining solutions, industrial automation and laser technology solutions.
The company designs and manufactures machinery, tools and automated processes and also procures equipment for customer projects. Sales are primarily B2B to manufacturers across automotive, medical, electrical, electronics, textile, FMCG, toys, food and packaging, defence and other industries.
In FY26, industrial automation contributed 50.4% of revenue, plastic joining solutions 46.5% and laser technology solutions 3%. Industrial automation rose from 40.1% in FY24 to 50.4% in FY26, while plastic joining moved from 55.6% to 46.5%.
Domestic revenue was 86.1%, and international revenue was 13.8% in FY26, compared with 100% domestic revenue in FY24. In terms of industry, automotive contributed 44.7% of FY26 revenue, while packaging contributed 16.3%, and pharma contributed 11.6%. Maharashtra remains the larger contributor at 44.1%, followed by Haryana at 15.4%, Tamil Nadu at 8% and Gujarat at 6.8%.
Plastic joining offerings span feasibility studies, machine procurement, supply and installation, tool manufacture, testing, training and support. The company imports certain ultrasonic plastic and vibration welding machines from international manufacturers and manufactures ultrasonic tools and customised solutions. Industrial automation includes robotics, pick-and-place, rotary, conveyor and assembly-line automation. The laser segment supplies and installs standardised laser marking, welding and cutting machines.
The manufacturing facility is located at Vasai East, Palghar, Maharashtra, with offices or demo centres in Vasai, Pune, Gurgaon and Chennai. Installed capacity increased from 650 units in FY24 to 730 units in FY26; actual production increased from 579 units to 649 units, while utilisation remained broadly stable at 89% to 90%. The company had 64 outstanding purchase orders worth ₹21.19 crore as of March 31, 2026.

Checklist

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Objectives of Sjp Ultrasonic Limited IPO

Capital expenditure
56.30%
The company will utilise ₹13.22 crore to purchase machineries.
Working capital
20.90%
The company will utilise ₹4.92 crore towards working capital requirements of the business.
General corporate purposes
13.00%
The company will utilise ₹3.05 crore for general corporate purposes.
Issue-related expenses
9.60%
The company will utilise ₹2.26 crore for issue-related expenses.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹26.56Cr32.14%₹5.24Cr₹86.7Cr12.070.29
This sector (avg.)₹428.83Cr0%₹23.13Cr₹1,429.77Cr52.170.88
₹10,446.25Cr---₹960.88Cr₹44,630.89Cr54.800.01
₹5,832.4Cr---₹518.9Cr₹39,668.88Cr77.840.06
₹4,141.97Cr---₹800.03Cr₹10,908.91Cr22.710.04

*Revenue for financial year 2025-26. Lower P/E and D/E ratios are generally preferred.

SJP Ultrasonic IPO Contact Details

Company NameSJP Ultrasonic Limited

How to apply for SJP Ultrasonic IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Sjp Ultrasonic Limited IPO FAQs

Investors can apply for the SJP Ultrasonic IPO through their Demat account via the stock exchange or through their broker.
The issue size of the SJP Ultrasonic IPO is 23 Cr.
Pre-applying for an IPO allows you to submit your application before the official subscription period begins.
The IPO shares will typically list on major stock exchanges such as the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE), as specified in the IPO prospectus.
SJP Ultrasonic IPO will be open between 2026-09-30 and 2026-10-05.
SJP Ultrasonic IPO allotment date is 2026-10-07. For SJP Ultrasonic IPO allotment status check, you can visit the website of the registrar of the IPO.
For SJP Ultrasonic IPO, the IPO registrar is MAASHITLA SECURITIES PRIVATE LIMITED. You can check SJP Ultrasonic IPO allotment status on the website of the registrar.
The shares are proposed to be listed on the BSE and NSE.
The SJP Ultrasonic IPO shares will typically be credited to your demat account one working day before the IPO's listing date, provided your application is successfully allotted.
The SJP Ultrasonic IPO lot size is 2000 and minimum order quantity is 4000.
SJP Ultrasonic IPO has set the price band for its IPO at 67 per equity share with a face value of 10.