SJP Ultrasonic IPO
Market Sentiment
IPO Details
Market Lot Size
IPO Reservation
Day-wise Subscription (times subscribed)
Financial Analysis
Financial Data
Financial Performance
| Metric | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue | 15.22 | 21.15 | 26.63 |
| Expense | 10.48 | 15.65 | 19.58 |
| Profit (PAT) | 3.40 | 4.17 | 5.24 |
| Total Assets | 16.97 | 27.06 | 35.20 |
Peer Comparison
| Company | EPS | P/E | 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 |
Strengths & Risks
- Revenue grew 26% in the latest reported year.
- Solid profit margin — 19.7%.
- Strong return on equity — 30%.
- Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.
Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.
Company Information
About SJP Ultrasonic
Since its setup in 2012, SJP Ultrasonics has been involved in providing a complete plastic joining and automation solution. Its product range includes Plastic joining solutions, industrial automation, and Laser technology solutions for the automotive industry and industries related to Medical, Electrical, Electronics, Textile, FMCG, Toys, Gift & Stationery, Food & Packaging, defence, and educational institutes. The firm operates its business in a B2B model where they sell products and services mainly to manufacturers involved in various industries. Moreover, its manufacturing facility is located in Maharashtra, India, which they are planning to enhance by purchasing Milling Machines, CNC Lathe Machine, Compressor, CNC Bandsaw Machine, Overhead Crane, 6 Axis Robot, Co2 Laser Cutting Unit, Computers, NX Softwares, Solid Works Software, Diesel Generator, CMM Machine, Vibration Welders, Laser Plastic Welder to improve production.
Company Contact Information
SJP Ultrasonic Ltd., 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
Objects of the Issue
| Purpose | Amount (Cr) |
|---|---|
| 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 |
Resources & Documents
SJP Ultrasonic IPO - Quick Take
SJP Ultrasonic has fixed the issue price at Rs 67 per share for an issue size of Rs 23 crore. The stock listed with a 10.75% gain versus its issue price on October 08, 2026.
The issue is promoted by Jignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Parekh, Parthvi Jignesh Parekh and Jignesh Pravinchandra Parekh (HUF) with Khandwala Securities Ltd. acting as lead manager. Net proceeds will primarily be used towards funding Capital Expenditure towards the Purchase of Machineries (Rs 13 crore) and funding working capital requirements of the Company (Rs 5 crore).
At the upper end of the price band, the issue is priced at a post-issue P/E of 12.07x. On fundamentals, the company is posting revenue growth of 25.9%, a profit margin of 19.7%, return on equity of 30.0% in its most recent reported period.
On our data-signal score, the combined signals for this issue currently read mixed — some indicators read positively and others do not. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.
Frequently Asked Questions
SJP Ultrasonic IPO GMP — What It Means
GMP stops mattering once the shares trade — it only ever estimated the listing price. No grey market premium was recorded for SJP Ultrasonic before it listed.
See the full SJP Ultrasonic GMP history and trend, or learn how grey market premium works and how reliable it is.
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