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SJP · BSE · Other Electrical Equipment
SJP Ultrasonic IPO closed on 05 Oct 2026 with 1.20x overall subscription . The basis of allotment is finalised on 06 Oct 2026 , and the stock will list on 08 Oct 2026 on BSE . The IPO price band was ₹67-₹67.
SJP Ultrasonic IPO tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 30 Sep 2026 |
| IPO Close Date | 05 Oct 2026 |
| Basis of Allotment | 06 Oct 2026 |
| Initiation of Refunds | 07 Oct 2026 |
| Credit of Shares to Demat | 07 Oct 2026 |
| Listing Date | 08 Oct 2026 |
Issue Size
3,500,000 shares
(aggregating up to ₹23.00 Cr)
Issue Price
₹67 – ₹67
Face Value
₹10/share
Market Lot
2,000 shares
Retail Min Investment
₹268,000
Listing At
BSE
Sale Type
fresh issue
Fresh Issue
3,324,000 shares
(aggregating up to ₹22 Cr)
Offer for Sale
[.]
Reserved for Market Maker
176,000 shares
(aggregating up to ₹1.00 Cr)
Issue Type
fixed price
Open Date
30 Sep
Close Date
05 Oct
Allotment
06 Oct
Listing
08 Oct
Last updated: 10 hours ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 05 Oct 2026 Latest | ₹67 | ₹0 | ₹67 | ₹0 |
0%
|
2:01 PM |
| 05 Oct 2026 | ₹67 | ₹0 | ₹67 | ₹0 |
0%
|
1:30 PM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 05 Oct 2026
| Category | Subscribed (x) | No. of Applications |
|---|---|---|
| NII | 1.63x | - |
| Individual Investors | 0.76x | - |
| Total | 1.2x | - |
Showing the latest subscription snapshot.
View full subscription historyJignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Parekh, Parthvi Jignesh Parekh and Jignesh Pravinchandra Parekh HUF are the promoters of the company.
New to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 4,000 | ₹268,000 |
| Retail (Max) | 2 | 4,000 | ₹268,000 |
| S-HNI (Min) | 3 | 6,000 | ₹402,000 |
| S-HNI (Max) | 7 | 14,000 | ₹938,000 |
| B-HNI (Min) | 8 | 16,000 | ₹1,072,000 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| NII (HNI) Shares Offered | 1,662,000 (47.49%) |
| Individual Investors Shares Offered | 1,662,000 (47.49%) |
| Market Maker Shares Offered | 176,000 (5.02%) |
| Total Shares Offered | 3,500,000 (100.00%) |
SJP Ultrasonic Limited was incorporated in January 2012 and is headquartered in Vasai East, Palghar district, Maharashtra. It works in the industrial automation sector, providing plastic joining and welding solutions.
The company offers end-to-end plastic joining and automation solutions, including ultrasonic, hotplate, vibration, thermal and spin welding systems, along with welding tools, horns, fixtures and automated assembly equipment. Its products serve manufacturers largely in the automotive industry, along with medical, electrical, electronics, textile, FMCG, toys, food and packaging, defence and educational sectors, on a business-to-business basis. The promoters are Jignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Parekh, Parthvi Jignesh Parekh and Jignesh Pravinchandra Parekh (HUF).
Revenue rose to Rs 26.63 crore for the year ended March 2026 from Rs 21.15 crore in the year ended March 2025, with profit rising to Rs 5.24 crore in FY2026 from Rs 4.17 crore in FY2025, as per the DRHP. The IPO is an SME fixed-price issue of about Rs 23.45 crore on the BSE SME platform, structured entirely as a fresh issue of 35,00,000 equity shares of face value Rs 10 each, with no offer for sale, priced at Rs 67 per share, with subscription scheduled for September 30 to October 5, 2026 and a tentative listing date of October 8, 2026. Net proceeds from the fresh issue are proposed to be used for purchase of new machinery, including CNC machines, a six-axis robot and laser-based testing equipment, along with funding working capital requirements.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 15.22 | 21.15 | 26.63 |
| Profit After Tax (PAT) | 3.4 | 4.17 | 5.24 |
| EBITDA | 5.42 | 6.84 | 8.32 |
| Total Assets | 16.97 | 27.06 | 35.2 |
| Net Worth | 6.63 | 14.85 | 20.09 |
| Reserves & Surplus | 5.63 | 5.41 | 10.65 |
| Total Borrowing | 2.01 | 2.41 | 5.78 |
Revenue & Profit Trend
Issue-level · at the upper price band
| Particulars | Pre-IPO | Post-IPO |
|---|---|---|
| EPS Earnings Per Share Profit the company earns on each share. Post-IPO EPS is usually lower because the issue adds new shares. | ₹5.55 | ₹4.05 |
| P/E Price to Earnings Tells you if the IPO price is fair for what the company earns. Compare it with listed companies in the same sector. | 12.07x | 16.54x |
| Market Cap Market Capitalisation What the whole company is valued at, at the upper price band. Post-IPO counts the new shares the issue creates. | ₹63 Cr | ₹87 Cr |
The basis of allotment for SJP Ultrasonic IPO was finalised on 06 Oct 2026. You can check your allotment status using your PAN number or application number on the Maashitla Securities Pvt. ltd. portal or BSE.
The SJP Ultrasonic IPO is expected to open in Sep 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for SJP Ultrasonic IPO is ₹67.00 - ₹67.00 per share.
As per market sources, SJP Ultrasonic IPO GMP is currently ₹0.00. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for SJP Ultrasonic IPO stands at 1.20x overall.
The listing date for SJP Ultrasonic IPO is 08 Oct 2026.
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