SJP Ultrasonics Limited is an end-to-end plastic joining and automation solutions provider, primarily serving the automotive industry and customers across medical, electrical, electronics, textile, FMCG, packaging, defence and other sectors. The Company follows a B2B business model, supplying products and services mainly to manufacturers.
Business Segments:
- Plastic Joining Solutions including ultrasonic, vibration, hot plate, spin and heat staking welding machines.
- Industrial Automation including robotics, conveyors and assembly-line automation.
- Laser Technology Solutions including laser marking, cutting and welding machines.
The Company provides machinery design, engineering and feasibility assessment services based on customer requirements and operates its manufacturing facility in Vasai East, Palghar, Maharashtra.
As of March 31, 2026, the Company had 64 ongoing purchase orders with an order book of ₹21.19 crore and 84 employees.
SJP Ultrasonics IPO – Details
| IPO Opening Date | 30 September 2026 |
| IPO Closing Date | 05 October 2026 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 35,00,000 Shares Worth ₹23.45 Crore Fresh Issue: 35,00,000 Shares Worth ₹23.45 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹67 per share |
| Market Lot | 2000 Shares |
| Min Order | 2000 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Maashitla Securities Pvt. Ltd. |
| NII Shares Offered | 50.00% |
| Retail Shares Offered | 50.00% |
SJP Ultrasonics IPO – Date Schedule
| IPO Open Date | 30 September 2026 |
| IPO Close Date | 05 October 2026 |
| Basis of Allotment | 06 October 2026 |
| Initiation of Refund | 07 October 2026 |
| Credit of Shares to Demat | 07 October 2026 |
| IPO Listing Date | 08 October 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on October 05, 2026 |
SJP Ultrasonics IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 4000 | ₹2,68,000 |
| Retail (Max) | 2 | 4000 | ₹2,68,000 |
| S-HNI (Min) | 3 | 6000 | ₹4,02,000 |
Competitive Strength
- A start to finish plastic welding solution provider offering diverse and comprehensive service offerings.
- Long standing relations with raw material and equipment suppliers.
- Long-standing relationships with established customers, with potential to expand the customer base.
- They provide a diverse range of specialised plastic products across varied industry segments.
- Quality Standard Certifications & Quality Tests.
Company Promoters
- Jignesh Pravinchandra Parekh
- Rupal Jignesh Parekh
- Parth Jignesh Parekh
- Parthvi Jignesh Parekh
- Jignesh Pravinchandra Parekh (HUF)
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹15.22 Cr | ₹10.48 Cr | ₹3.40 Cr | ₹2.01 Cr |
| 31 March 2025 | ₹21.15 Cr | ₹15.65 Cr | ₹4.17 Cr | ₹2.41 Cr |
| 31 March 2026 | ₹26.63 Cr | ₹19.58 Cr | ₹5.24 Cr | ₹5.78 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 30.01% |
| ROCE | 38.49% |
| RoNW | 26.10% |
| PAT Margin | 19.74% |
| EBITDA Margin | 31.02% |
| NAV | 21.28 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.55 | 4.05 |
| P/E (x) | 12.07 | 16.54 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding Capital Expenditure towards the Purchase of Machineries. | ₹13.22 |
| Funding working capital requirements of the Company. | ₹4.92 |
| General Corporate Purposes. | ₹3.05 |
| Issue Expenses. | ₹3.16 |
✅Strengths
- End-to-End Solutions across plastic joining and automation.
- Strong Supplier Relationships with established suppliers.
- Established Customers with long-term relationships.
- Diverse Industry Exposure across multiple sectors.
- Experienced Management with industry expertise.
⚠️Risks
- Segment Dependence on plastic joining and industrial automation.
- Customer Concentration with high contribution from top customers.
- Key Personnel Dependence on a small pool of employees.
- Supplier Risk due to absence of long-term supplier contracts.
- Limited Financial Resources may restrict future growth.
SJP Ultrasonics IPO Promoter Holding
| Pre-Issue Share Holding | 79.51% |
| Post Issue Share Holding | 58.00% |
SJP Ultrasonics IPO Prospectus
Company Contact Information
| SJP Ultrasonics Limited Gala No. 1 and Gala No. 2, Shiv Shankar Industrial Complex 2, Bhutpada, Building No.5, Opp. Golden Chariot Hotel, Highway, Vasai East, Palghar – 401 208, Maharashtra, India Phone: +91 777 0010869 Email: cs@sjpultrasonics.in Website: https://www.sjpultrasonics.in/ |
SJP Ultrasonics IPO Registrar
| Maashitla Securities Pvt. Ltd. Phone: 011-45121795 Email: Investor.ipo@maashitla.com Website: https://maashitla.com/allotment-status/public-issues |
SJP Ultrasonics IPO Lead Manager(s)
| 1. Khandwala Securities Ltd. |
SJP Ultrasonics IPO FAQ
| What is the SJP Ultrasonics IPO? SJP Ultrasonics IPO is an SME IPO. The issue is priced at ₹67 per equity share. The IPO is to be listed on BSE SME. |
| When will SJP Ultrasonics IPO open? The IPO is to open on 30 September 2026 for QIB, NII and Retail Investors. |
| What is SJP Ultrasonics IPO Investors’ Portion? The Investors portion for NII – 50.00%, and Retail – 50.00%. |
| What is the SJP Ultrasonics IPO Size? SJP Ultrasonics IPO size is ₹23.45 Crore. |
| What are the SJP Ultrasonics IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 4000 Shares for ₹2,68,000, while the maximum bid is 4000 Shares for ₹2,68,000. |
| What is the SJP Ultrasonics IPO Allotment Date? SJP Ultrasonics IPO allotment date is 06 October 2026. |
| What is the SJP Ultrasonics IPO Listing Date? SJP Ultrasonics IPO listing date is 08 October 2026. The IPO is to be listed on the BSE SME. |
