GMP IPO Watch
SJP Ultrasonics IPO
SJP Ultrasonics IPO details, live grey market premium (GMP), dates, price band, lot size, subscription & review.
SJP Ultrasonics IPO Details
Key facts at a glance| IPO Open Date | 29 September 2026 | IPO Close Date | 4 October 2026 |
|---|---|---|---|
| Basis of Allotment | 5 October 2026 | Listing Date | 7 October 2026 |
| Price Band | ₹23.45 per share | Face Value | ₹10 per share |
| Market Lot Size | 2000 Shares | Min Investment (Retail) | ₹2,68,000 |
| Total Issue Size | ₹23.45 Cr | Issue Type | Book Built Issue IPO |
| Fresh Issue | ₹23.45 Cr | Offer for Sale (OFS) | — |
| Listing At | BSE SME | Issue Category | SME Issue |
| Registrar | Maashitla Securities Pvt. Ltd. | ||
SJP Ultrasonics IPO Timetable (Tentative Dates)
| Event | Tentative Date | Status |
|---|---|---|
| IPO Open Date | 29 September 2026 | Confirmed |
| IPO Close Date | 4 October 2026 | Confirmed |
| Basis of Allotment | 5 October 2026 | Tentative |
| Initiation of Refunds | 7 October 2026 | Tentative |
| Credit of Shares to Demat | 7 October 2026 | Tentative |
| IPO Listing Date | 7 October 2026 | Tentative |
| Cut-off time for UPI Mandate Confirmation | 5 October 2026 (5:00 PM) | Deadline |
* Note: Timelines are tentative and subject to regulatory confirmation. UPI mandate approvals must be completed by 5:00 PM on the IPO closing day.
SJP Ultrasonics IPO Lot Size & Investment Details
Application limits for Retail and HNI investors| Application Category | Lots | Shares | Amount (at Cut-off) |
|---|---|---|---|
| Retail (Min) | 2 Lots | 4,000 Shares | ₹2,68,000 |
| Retail (Max) | 2 Lots | 4,000 Shares | ₹2,68,000 |
| S-HNI (Min) | 3 Lots | 6,000 Shares | ₹4,02,000 |
| S-HNI (Max) | 7 Lots | 14,000 Shares | ₹9,38,000 |
| B-HNI (Min) | 8 Lots | 16,000 Shares | ₹10,72,000 |
SJP Ultrasonics IPO Live GMP & Movement History
Daily unofficial grey market trends₹7.2 +10.7%
| Date | IPO GMP (₹) | Estimated Listing Price | Estimated Listing Gain (%) |
|---|---|---|---|
| 5 Oct 2026 | ₹0 | ₹67.00 | 0.00% |
| 1 Oct 2026 | ₹0 | ₹67.00 | +0.00% |
SJP Ultrasonics IPO Subscription Status
Demand breakdown by investor categorySJP Ultrasonics Company Financials
Restated figures (₹ in Crores)| Period | Total Assets | Total Revenue | Total Expenses | Profit After Tax (PAT) |
|---|---|---|---|---|
| 2024 | 16.97 Cr. | 15.22 Cr. | 10.48 Cr. | 3.40 Cr. |
| 2025 | 27.06 Cr. | 21.15 Cr. | 15.65 Cr. | 4.17 Cr. |
| 2026 | 35.20 Cr. | 26.63 Cr. | 19.58 Cr. | 5.24 Cr. |
* Amounts reported in ₹ Crores as sourced from company regulatory filings (RHP/DRHP).
SJP Ultrasonics IPO Valuation & KPIs
Key metrics pre-issueSJP Ultrasonics Peer Group Comparison
Listed industry peers| Company Name | P/E | EPS (₹) | RoNW (%) | NAV (₹) | Total Income |
|---|---|---|---|---|---|
| Rinco Ultrasonics India Pvt. Ltd. | – | 75.56 | 12.64% | 597.93 | 12.21 Cr. |
| Unique Circle Automation Pvt. Ltd. | – | 7,510.27 | 22.41% | 33,518.49 | 26.28 Cr. |
About SJP Ultrasonics
SJP Ultrasonics primarily operates in the industrial automation solution segment, providing solutions under three business segments: Plastic Joining Solutions, Industrial Automation, and Laser Technology Solutions. The company is a start-to-finish plastic welding solution provider offering diverse and comprehensive service offerings, including specialized plastic products across varied industry segments. It customises industrial automation solutions for an array of industries such as automotive, pharmaceuticals, electronics, energy, food and beverage, packaging, material handling, water treatment, and textiles. SJP Ultrasonics designs and manufactures special-purpose machines that involve detailed fabrication processes and engineering precision on a made-to-order basis. The company integrates technologies like programmable logic controllers, supervisory control and data acquisition, human-machine interfaces, and robotics into its automation systems. SJP Ultrasonics conducts its entire manufacturing operations from its facility in Vasai, Maharashtra, generating revenue directly from customers, particularly original equipment manufacturers, through milestone-based billing without long-term contracts.
SJP Ultrasonics IPO Reservation & Share Quotas
The SJP Ultrasonic IPO reservation is divided between Non-Institutional Investors (NII) and Retail Investors. Each category has been allocated 50% of the shares offered in the IPO.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| NII Shares Offered | 16,62,000 Shares | 50% |
| Retail Shares Offered | 16,62,000 Shares | 50% |
Note: The reservation figures are presented as provided for the SJP Ultrasonic IPO.
SJP Ultrasonics IPO Important Dates
The SJP Ultrasonic IPO is scheduled to open on September 30, 2026, and close on October 5, 2026. The IPO allotment is expected to be finalized on October 6, followed by refunds and credit of shares to eligible investors' demat accounts on October 7. The equity shares are scheduled to list on October 8, 2026.
| IPO Timeline | Date |
|---|---|
| IPO Open Date | September 30, 2026 |
| IPO Close Date | October 5, 2026 |
| Basis of Allotment | October 6, 2026 |
| Refunds | October 7, 2026 |
| Credit to Demat Account | October 7, 2026 |
| IPO Listing Date | October 8, 2026 |
Note: The SJP Ultrasonic IPO dates are presented as provided.
SJP Ultrasonics IPO Important Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 30 Sept 2026 |
| IPO Close Date | 05 Oct 2026 |
| Basis of Allotment | 06 Oct 2026 |
| Refunds | 07 Oct 2026 |
| Credit to Demat Account | 07 Oct 2026 |
| IPO Listing Date | 08 Oct 2026 |
Note: The timeline for SJP மீயொலி IPO is tentative and subject to change.
SJP Ultrasonics Objects of the Issue & Utilisation of Proceeds
SJP Ultrasonics Limited proposes to utilise the IPO proceeds primarily for purchasing machinery and strengthening its working capital position. A portion of the proceeds is also allocated towards general corporate purposes and issue-related expenses.
| Purpose | Crores |
|---|---|
| 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 |
Note: The utilisation figures above are presented as provided for the SJP Ultrasonic IPO.
SJP Ultrasonics Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding capital expenditure towards the purchase of machineries | 13.22 (56.37%) |
| Working Capital Requirement | 4.92 (20.98%) |
| General Corporate Purposes | 3.05 (13.01%) |
| Issue Expenses | 2.26 (9.64%) |
Note: Objectives are as specified in the DRHP/RHP documents of SJP மீயொலி.
SJP Ultrasonics Company Financial Report
SJP Ultrasonics Limited has reported steady growth in revenue and profitability across the financial years presented below. Revenue increased from ₹15.22 crore in 2024 to ₹26.63 crore in 2026, while Profit After Tax (PAT) rose from ₹3.40 crore to ₹5.24 crore during the same period.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹15.22 | ₹10.48 | ₹3.40 | ₹16.97 |
| 2025 | ₹21.15 | ₹15.65 | ₹4.17 | ₹27.06 |
| 2026 | ₹26.63 | ₹19.58 | ₹5.24 | ₹35.20 |
Note: All financial figures are in ₹ Crores. The figures above are presented as provided for the SJP Ultrasonic IPO.
SJP Ultrasonics Company Financial Report
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 15.22 Cr. | 10.48 Cr. | 3.40 Cr. | 16.97 Cr. |
| 2025 | 21.15 Cr. | 15.65 Cr. | 4.17 Cr. | 27.06 Cr. |
| 2026 | 26.63 Cr. | 19.58 Cr. | 5.24 Cr. | 35.20 Cr. |
Note: Financial numbers for SJP மீயொலி are in ₹ Crores unless stated otherwise.
SJP Ultrasonics Company Valuation & Key Performance Indicators
| KPI | Values |
|---|---|
| ROE | 30.01% |
| ROCE | 38.49% |
| EBITDA Margin | 31.02% |
| PAT Margin | 19.74% |
| Debt to Equity Ratio | 0.64 |
| Earning Per Share (EPS) | 5.55 (Basic) |
| Price/Earning P/E Ratio | 12.07 |
| Return on Net Worth (RoNW) | 26.10% |
| Net Asset Value (NAV) | 21.28 |
Note: Valuation KPIs for SJP மீயொலி are computed for FY2026.
SJP Ultrasonics Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Rinco Ultrasonics India Pvt. Ltd. | 75.56 | – | 12.64% | 597.93 | 12.21 Cr. |
| Unique Circle Automation Pvt. Ltd. | 7,510.27 | – | 22.41% | 33,518.49 | 26.28 Cr. |
Note: Peer group comparisons for SJP மீயொலி are sourced from DRHP filings.
SJP Ultrasonics IPO FAQs
SJP Ultrasonics IPO opens for subscription on 29 September 2026 and closes on 4 October 2026.
The price band for SJP Ultrasonics IPO is set at ₹23.45 per share.
The minimum market lot size is 2000 shares. A retail investor can apply for a minimum of 1 lot requiring an investment of 4,000 Shares (₹2,68,000).
The latest Grey Market Premium (GMP) for SJP Ultrasonics IPO is ₹7.20. GMP represents the unofficial premium at which shares trade prior to listing.
The basis of allotment for SJP Ultrasonics IPO is tentatively scheduled for 5 October 2026, and shares are expected to list on the stock exchanges on 7 October 2026.
Maashitla Securities Pvt. Ltd. is the official registrar for SJP Ultrasonics IPO. Investors can check their IPO allotment status directly on the registrar's portal once finalized.