SJP Ultrasonics

SJP Ultrasonics

LISTED

IPO Date: 30 Sept - 5 Oct 2026

Listing Date: 8 Oct 2026

Price Range

Rs.67 - Rs.67

Issue Size

23 Cr

Min Investment

₹2,68,000

2 lots minimum (SEBI rule for SME)

Min Application

4000 Shares

2000 per lot × 2

View IPO Document

Schedule of SJP Ultrasonics

  1. Issue open date

    30 Sept 2026

  2. Issue close date

    5 Oct 2026

  3. UPI mandate deadline

    5 Oct 2026 (5 PM)

  4. Allotment finalization

    6 Oct 2026

  5. Share credit

    7 Oct 2026

  6. Listing date

    8 Oct 2026

  7. Mandate end date

    20 Oct 2026

Issue size

Funds Raised in the IPOAmount
Overall23 Cr
Fresh Issue23.45 Cr
Offer for Sale0 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date6 Oct 2026
Allotment Link{Link}

Grey Market Premium

New

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIPO PriceGMPEst. Listing Price
8 Oct 2026Latest₹67₹0₹67(0%)
7 Oct 2026₹67₹0₹67(0%)
6 Oct 2026₹67₹0₹67(0%)
5 Oct 2026₹67₹0₹67(0%)
4 Oct 2026₹67₹0₹67(0%)
3 Oct 2026₹67₹0₹67(0%)
2 Oct 2026₹67₹0₹67(0%)
1 Oct 2026₹67₹0₹67(0%)
30 Sept 2026₹67₹0₹67(0%)

Performance SJP Ultrasonics

Issue PriceListing GainCurrent Market PriceP/L
Rs.67 - Rs.67₹ 74 (10.75%) ₹ 99.548.51%

About SJP Ultrasonics

SJP Ultrasonics is a provider of plastic joining and automation solutions, primarily serving the automotive, medical, electrical, electronics, textile, FMCG, toys, food and packaging, defence, and educational industries. Its business is divided into three segments: plastic joining solutions, industrial automation, and laser technology solutions. The company manufactures machinery, tools, and automated processes and also coordinates the procurement of ultrasonic and vibration welding machines through associations with international manufacturers. Its design and engineering team works on machinery design and feasibility studies for customer requirements. The company operates a manufacturing facility at Vasai East, Palghar, Maharashtra, where its design and quality teams are also based. It also has offices and demonstration centres in Vasai and Pune in Maharashtra, Gurugram in Haryana, and Chennai in Tamil Nadu. The company primarily follows a business-to-business model and supplies products and services to manufacturers across various industries in India.

Founded in2012
Managing directorMr Jignesh Parekh
Parent organization

Financial Overview

Strengths

5
  1. 1

    Comprehensive end-to-end plastic welding solution provider.

  2. 2

    Strong, long-standing customer and supplier relationships.

  3. 3

    Specialized expertise in custom, made-to-order manufacturing.

  4. 4

    Established in-house production facilities in Maharashtra.

  5. 5

    Experienced leadership and management team.

Risks

5
  1. 1

    High revenue dependence on two primary business segments.

  2. 2

    Significant revenue concentration from a few large clients.

  3. 3

    Raw material price volatility due to lack of long-term supplier contracts.

  4. 4

    Working capital-intensive operations tied to trade receivables management.

  5. 5

    Delays in new machinery procurement could hinder capacity expansion plans.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)N/A
Non-Institutional Investors (NIIs)0.74
Retail Individual Investors (RIIs)0.1
EmployeeN/A
Total0.42