SJP Ultrasonic IPO Details

Fixed Price IPO | ₹[.] Cr | Listing at BSE SME |

SJP Ultrasonic IPO Logo
The exchange has approved the Initial Public Offer (IPO) of SJP Ultrasonic Ltd. on February 5, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The exchange approval is valid for 12 months.

SJP Ultrasonic Ltd. IPO is a Fixed Price Issue consisting solely of fresh issue of upto 0.35 crore equity shares.

The equity shares are proposed to be listed on the BSE SME. Khandwala Securities Ltd. is the book running lead manager and Maashitla Securities Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to SJP Ultrasonic IPO DRHP for more details.

IPO Details

IPO Date[.]
Listing Date[.]
Face Value10 per share
Lot Size
Sale TypeFresh capital only
Issue TypeFixed Price IPO
Listing AtBSE SME

Total Issue Size35,00,000 shares
(agg. up to ₹[.] Cr)
Fresh Issue 35,00,000 shares
(agg. up to ₹[.] Cr)
Share Holding Pre Issue94,40,000 shares

IPO DRHP Status

DescriptionDate
Filed with SEBI/ExchangeMon, Sep 29, 2025
SEBI/Exchange approval receivedThu, Feb 5, 2026

Issue Reservation

Investor Category Shares Offered
Retail Shares Offered 50% of the Net Issue
NII Shares Offered50% of the Net Issue

About SJP Ultrasonic Ltd.

Incorporated on January 27, 2012,  SJP Ultrasonic Ltd. is engaged in the end-to-end plastic joining and automation solution providers.

The company offers specialised solutions mainly in the Automotive industry and industries related to Medical, Electrical, Electronics, Textile, FMCG, Toys, Gift & Stationery, Food & Packaging, Defence & Educational Institutes.

Business Segments:

  • Plastic joining solutions
  • Industrial automation 
  • Laser technology solutions

The sale of the products and services is majorly made to manufacturers engaged in various industries, which makes model business to business (B2B) in nature.

Competitive Strengths:

  • 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 Financials (Restated)

SJP Ultrasonic Ltd.'s revenue increased by 39% and profit after tax (PAT) rose by 23% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets27.0616.9712.77
Total Income21.1515.2211.53
Profit After Tax4.173.401.41
EBITDA6.845.422.71
NET Worth14.856.633.13
Reserves and Surplus5.415.632.23
Total Borrowing2.412.011.54
Amount in ₹ Crore

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

# Issue Objects Est Amt (₹ Cr.)
1 Funding Capital Expenditure towards the Purchase of Machineries 11.12
2 Funding working capital requirements of the Company 4.92
3 General Corporate Purposes

Key Performance Indicator (KPI)

KPIMar 31, 2025
ROE38.86%
ROCE50.80%
Debt/Equity0.16
RoNW28.10%
PAT Margin19.81%
EBITDA Margin32.47%
Pre IPOPost IPO
Promoter Holding95.69%
Jignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Parekh, Parthvi Jignesh Parekh and Jignesh Pravinchandra Parekh HUF are the promoters of the company.

IPO Registrar

Maashitla Securities Pvt.Ltd.

Contact Details

SJP Ultrasonic Ltd. Address
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
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IPO FAQs

SJP Ultrasonic IPO is a SME IPO of 35,00,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .

The SJP Ultrasonic IPO open and close dates are not available as of now.

Maashitla Securities Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.

Zerodha customers can apply online in SJP Ultrasonic IPO using UPI as a payment gateway. Zerodha customers can apply in SJP Ultrasonic IPO by login into Zerodha Console (back office) and submitting an IPO application form.

Steps to apply in SJP Ultrasonic IPO through Zerodha

  1. Visit the Zerodha website and login to Console.
  2. Go to Portfolio and click the IPOs link.
  3. Go to the 'SJP Ultrasonic IPO' row and click the 'Bid' button.
  4. Enter your UPI ID, Quantity, and Price.
  5. Submit IPO application form.
  6. Visit the UPI App (net banking or BHIM) to approve the mandate.

Visit Zerodha IPO Application Process Review for more detail.

The SJP Ultrasonic IPO dates are not announced. Please check back again after some time.

SJP Ultrasonic IPO lot size and the minimum order quantity is not available at this time. Please check again later.

You can apply in SJP Ultrasonic IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for SJP Ultrasonic IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the SJP Ultrasonic IPO allotment status.

The SJP Ultrasonic IPO listing date is not yet announced. The tentative date of listing is .

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