SJP Ultrasonic IPO

SJP Ultrasonic Limited, incorporated in 2012, provides end-to-end plastic joining and automation solutions for diverse industries. Its offerings include ultrasonic welding, vibration welding, hot plate welding, spin welding, heat staking, industrial automation and laser technology solutions. The company primarily follows a business-to-business model and serves sectors including automotive, medical, electrical, electronics, textile, FMCG, food and packaging, defence and educational institutions. Its manufacturing facility is located in Vasai East, Maharashtra. The company also maintains service presence across multiple Indian locations. SJP focuses on integrated plastic joining solutions, combining manufacturing, tooling, automation and technical support for industrial customers.

SJP Ultrasonic Limited IPO Overview

SJP Ultrasonic Limited IPO is a fixed-price issue of ₹23.45 crore comprising 35,00,000 fresh equity shares. The IPO will open for subscription on 30 September 2026 and close on 5 October 2026. The issue price is fixed at ₹67 per share and the lot size is 2,000 shares. Retail investors must apply for a minimum of two lots, representing 4,000 shares and an investment of ₹2,68,000, while HNI investors require a minimum application of three lots, or 6,000 shares, amounting to ₹4,02,000. The allotment is expected on 6 October, followed by refunds and demat credit on 7 October. The shares are proposed to list on the BSE SME platform on 8 October 2026. Khandwala Securities Ltd. is the book running lead manager, Maashitla Securities Pvt. Ltd. is the registrar, and Aftertrade Broking Pvt. Ltd. is the market maker.

SJP Ultrasonic Limited IPO Details

Particulars	Details
IPO Date	30 September 2026 to 5 October 2026
Listing Date	8 October 2026
Face Value	₹10 per share
Issue Price	₹67 per share
Lot Size	2,000 Shares
Total Issue Size	35,00,000 shares (aggregating up to ₹23.45 Cr)
Fresh Issue	35,00,000 shares (aggregating up to ₹23.45 Cr)
Offer for Sale	NA
Issue Type	Fixed Price IPO
Listing At	BSE SME
Share Holding Pre Issue	94,40,000 shares
Share Holding Post Issue	1,29,40,000 shares
Market Maker Portion	1,76,000 shares

SJP Ultrasonic Limited IPO Reservation

Investor Category	Shares Offered
NII (HNI)	50.00% of the Net Issue
Retail	50.00% of the Net Issue

SJP Ultrasonic Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	4,000	₹2,68,000
Retail (Max)	2	4,000	₹2,68,000
HNI (Min)	3	6,000	₹4,02,000

SJP Ultrasonic Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	79.51%
Post-Issue	58.00%

SJP Ultrasonic Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	₹4.05
Price/Earnings (P/E) Ratio	16.54x
Return on Net Worth (RoNW)	28.10%
Net Asset Value (NAV)	₹15.73
Return on Equity	38.86%
Return on Capital Employed (ROCE)	50.80%
EBITDA Margin	32.47%
PAT Margin	19.81%
Debt to Equity Ratio	0.16

Objectives of the Proceeds

Capital Expenditure – ₹13.22 crore: Funds will support machinery purchases to expand manufacturing capacity and improve production efficiency.
Working Capital – ₹4.92 crore: Proceeds will strengthen working capital resources required for ongoing business operations and growth.
General Corporate Purposes – ₹3.05 crore: Funds will support general business requirements, corporate activities and other permitted operational purposes.
Issue Expenses – ₹3.16 crore: A portion of the issue proceeds will meet expenses associated with the public issue process.

Key Financials (in ₹ crore)

Particulars	31 Mar 2026	31 Mar 2025	31 Mar 2024
Assets	35.20	27.06	16.97
Revenue	26.63	21.15	15.22
Profit After Tax	5.24	4.17	3.40
Reserves and Surplus	10.65	5.41	5.63
Total Borrowings	5.78	2.41	2.01