SJP UITRASONIC IPO
SJP UITRASONIC is a SME IPO with a current status of LISTED. The price band is 67. The issue opens on 30 SEP and closes on 05 OCT. The listing date is 08 OCT.
Price Band
67
Unofficial GMP
₹0
Lot Size
2,000 shares
Minimum Investment
₹₹2,68,000
SJP UITRASONIC IPO GMP
The latest available GMP is ₹0. Grey Market Premium is unofficial, may change frequently and does not guarantee the listing price, listing gains or investment returns.
Estimated Listing Price
₹67.00
Estimated Gain
0.0%
SJP UITRASONIC IPO GMP History
0
28 SEP
0
30 SEP
0
01 OCT
0
04 OCT
0
05 OCT
0
06 OCT
0
07 OCT
SJP UITRASONIC IPO Details
- IPO Type
- SME
- Status
- LISTED
- Price Band
- 67
- Issue Size
- ₹23.45 Cr
- Issue Type
- Fixed Price Issue
- Fresh Issue
- ₹22.27 Cr
- Face Value
- 10
- Lot Size
- 2,000
- Minimum Investment
- ₹2,68,000
- Exchange
- BSE
- Registrar
- Maashitla Securities Pvt.Ltd.
- Lead Managers
- Khandwala Securities Ltd.
- Market Maker
- ₹1.18 Cr
SJP UITRASONIC IPO Dates
- Open Date
- 30 SEP
- Close Date
- 05 OCT
- Allotment Date
- 06 OCT
- Refund Date
- 07 OCT
- Demat Credit Date
- 07 OCT
- Listing Date
- 08 OCT
SJP UITRASONIC IPO Subscription
- QIB
- --
- NII / HNI
- 1.59x
- Retail
- 0.69x
- Employee
- --
- Total Subscription
- 1.14x
SJP UITRASONIC IPO Financials
Revenue
FY2026
₹26.56 Cr
+26.12% vs FY2025
PAT
FY2026
₹5.24 Cr
+25.66% vs FY2025
Total Assets
FY2026
₹35.20 Cr
+30.08% vs FY2025
| Particulars | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Revenue | 15.21 | 21.06 | 26.56 |
| Net Profit | 3.40 | 4.17 | 5.24 |
| Total Assets | 16.97 | 27.06 | 35.20 |
SJP UITRASONIC IPO Valuation
- Market Cap (Post IPO)
- ₹86.70 Cr.
- EPS
- 5.55
- P/E Ratio
- 12.07
- Price to Book Value
- 4.26
- ROE
- 38.86%
- ROCE
- 50.80%
- RONW
- 28.10%
- Debt / Equity
- 0.16%
- PAT Margin
- 19.81%
- EBITDA Margin
- 32.47%
SJP UITRASONIC Peer Comparison
| Peer | Revenue | PAT | EPS | P/E | ROE | RONW | Debt / Equity |
|---|---|---|---|---|---|---|---|
| RINCO UITRASONIC INDIA | 12.20 | -- | 75.56 | -- | -- | 12.64% | -- |
| UNIQUE CIRCLE AUTOMATION | 26.28 | -- | 7,510.27 | -- | -- | 22.41% | -- |
SJP UITRASONIC IPO Market Lot
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail Minimum | 2 | 4,000 | ₹2,68,000 |
| Retail Maximum | 2 | 4,000 | ₹2,68,000 |
| Small HNI | 3 | 6,000 | ₹4,02,000 |
SJP UITRASONIC IPO Reservation
- NII / HNI
- 50%
- Retail
- 50%
SJP UITRASONIC Promoter Holding and Anchor Allocation
- Pre-IPO Promoter Holding
- 79.51%
- Post-IPO Promoter Holding
- 58.00%
SJP UITRASONIC Company Overview
1. SJP Ultrasonic Limited is a Maharashtra-based engineering company engaged in plastic joining, industrial automation and laser technology solutions. 2. The company designs and manufactures machinery, tools and customised automation systems for industrial applications. 3. Its plastic joining solutions include ultrasonic welding, vibration welding, hot plate welding, spin welding and heat staking. 4. The company also provides industrial automation solutions, including customised automated machines and production systems. 5. Its laser technology segment includes laser marking, laser welding and laser cutting solutions. 6. The company serves industries including automotive, medical, electrical, electronics, textile, FMCG, toys, food and packaging, defence and education. 7. Automotive customers contributed approximately 44.79% of FY26 revenue, followed by packaging at 16.35% and pharma at 11.66%. 8. The company operates from a manufacturing facility in Vasai, Maharashtra. 9. FY26 revenue was approximately ₹26.63 Cr and PAT was approximately ₹5.24 Cr. 10. The company has more than two decades of experience in plastic joining and automation-related engineering solutions.
SJP UITRASONIC Business Model
1. Core Business: Plastic joining machinery, industrial automation and laser technology solutions. 2. Plastic Joining: Manufactures and supplies ultrasonic, vibration, hot plate, spin welding and heat-staking machines and tools. 3. Industrial Automation: Designs and develops customised automated machines and production-line solutions. 4. Laser Technology: Provides laser marking, welding and cutting machinery and related solutions. 5. Industries Served: Automotive, medical, electronics, electrical, textile, FMCG, packaging, food, toys, defence and education. 6. Customer Base: The company primarily serves industrial manufacturers, including automotive Tier-1 suppliers. 7. Customer Concentration: Top five customers contributed approximately 38.52% of FY26 revenue, while the top ten contributed approximately 55.28%. 8. Manufacturing: Operations are conducted from a single manufacturing facility located in Vasai, Maharashtra. 9. Order-Based Model: Business revenue is generated through machinery, equipment, automation and customised engineering orders. 10. Expansion: IPO proceeds are intended to fund additional machinery and equipment to expand manufacturing capabilities.
SJP UITRASONIC Objects of the Issue
1. Machinery & Software: ₹13.22 Cr for purchase of machinery, equipment and software. 2. Working Capital: ₹4.92 Cr to fund the company's working-capital requirements. 3. General Corporate Purposes: ₹3.05 Cr for general corporate purposes. 4. Issue Expenses: Approximately ₹2.26 Cr towards issue-related expenses. 5. Total Issue Size: ₹23.45 Cr through a fresh issue of 35,00,000 Equity Shares at ₹67 per share. 6. Capacity Expansion: The machinery investment is intended to increase manufacturing capacity and improve the company's engineering and production capabilities.
SJP UITRASONIC Strengths
1. End-to-End Solutions: The company provides plastic joining, automation and laser technology solutions under one business platform. 2. Diverse Product Portfolio: It offers multiple plastic welding technologies including ultrasonic, vibration, hot plate, spin welding and heat staking. 3. Multiple Industry Segments: The company serves automotive, medical, electronics, electrical, FMCG, packaging, textile and other industries. 4. Technical Experience: The promoter and management group has more than two decades of experience in the relevant engineering segment. 5. Established Customer Relationships: The company has maintained relationships with established industrial customers and OEM-related businesses. 6. Engineering Capabilities: It undertakes customised machine design and automation projects according to customer requirements. 7. Growing Financials: Revenue increased from ₹15.22 Cr in FY24 to ₹26.63 Cr in FY26, while PAT increased from ₹3.40 Cr to ₹5.24 Cr. 8. Strong Profitability: FY26 PAT was approximately ₹5.24 Cr on revenue of ₹26.63 Cr. 9. Capacity Expansion: IPO-funded machinery purchases are intended to expand production and engineering capabilities. 10. Fresh Issue: The IPO is entirely a fresh issue, with proceeds going to the company for business-related purposes rather than an offer for sale.
SJP UITRASONIC Risks
1. Customer Concentration: The top five customers contributed 38.52% and the top ten customers 55.28% of FY26 revenue. 2. Automotive Dependence: Automotive contributed approximately 44.79% of FY26 revenue, exposing the company to fluctuations in the automotive sector. 3. Negative Operating Cash Flow: The company reported negative operating cash flow of ₹2.70 Cr in FY26 and ₹2.88 Cr in FY25. 4. Working Capital Risk: High receivables and inventory requirements make the business working-capital intensive. 5. Supplier Concentration: The top five suppliers accounted for approximately 77.18% of purchases in FY26. 6. Raw Material Risk: The company does not have long-term supply contracts with all suppliers, exposing it to price and availability fluctuations. 7. Single Manufacturing Facility: Manufacturing operations are concentrated at one facility in Vasai, Maharashtra. 8. Geographical Concentration: Maharashtra contributed approximately 44.05% of FY26 revenue. 9. Compliance Risk: The RHP identifies historical PF/ESIC compliance issues and delays in certain GST filings. 10. Execution Risk: The IPO-funded machinery has not yet been fully procured, so delays in installation or commissioning could affect the planned expansion. 11. Competitive Industry: The company operates in a competitive plastic joining and industrial automation market with domestic and international competitors. 12. SME Liquidity Risk: As an SME-listed company, trading volumes and post-listing liquidity may be lower than those of larger mainboard companies.
SJP UITRASONIC Frequently Asked Questions
What is the SJP UITRASONIC IPO price band?
The SJP UITRASONIC IPO price band is 67.
What is the latest SJP UITRASONIC IPO GMP?
The latest available SJP UITRASONIC IPO GMP in the IPOWEB database is ₹0. GMP is unofficial and does not guarantee a listing gain.
When does the SJP UITRASONIC IPO open and close?
The SJP UITRASONIC IPO opens on 30 SEP and closes on 05 OCT.
When is the SJP UITRASONIC IPO allotment date?
The SJP UITRASONIC IPO allotment date is 06 OCT.
When is the SJP UITRASONIC IPO listing date?
The SJP UITRASONIC IPO listing date is 08 OCT.
What is the SJP UITRASONIC IPO subscription?
The latest total subscription available for the SJP UITRASONIC IPO is 1.14x.