About SJP Ultrasonics Ltd IPO
SJP Ultrasonic Ltd. is planning an SME IPO comprising a fresh issue of up to 35 lakh equity shares, with the shares proposed to be listed on the BSE SME platform. Khandwala Securities Ltd. is the lead manager for the issue, while Maashitla Securities Private Limited is the registrar.
The company is promoted by Jignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Parekh, Parthvi Jignesh Parekh and Jignesh Pravinchandra Parekh HUF. The IPO proceeds are planned to be used mainly for purchasing machinery, meeting working capital requirements and general corporate purposes.
About SJP Ultrasonic Ltd.
Incorporated on January 27, 2012, SJP Ultrasonic Ltd. provides end-to-end plastic joining and industrial automation solutions. The company mainly serves the automotive sector along with industries such as medical, electrical, electronics, textile, FMCG, toys, food and packaging, defence and educational institutions.
Its business is divided into three segments: plastic joining solutions, industrial automation and laser technology solutions. The company follows a B2B model, with most of its products and services supplied to manufacturers across different industries.
SJP Ultrasonic Ltd. is planning an SME IPO comprising a fresh issue of up to 35 lakh equity shares, with the shares proposed to be listed on the BSE SME platform. Khandwala Securities Ltd. is the lead manager for the issue, while Maashitla Securities Private Limited is the registrar. The company is promoted by Jignesh Pravinchandra Parekh, Rupal Jignesh Parekh, Parth Jignesh Pa
SJP Ultrasonics IPO Subscription Breakdown
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 50% | 17,50,000 crores |
| Retail Individual Investors (RIIs) | 50% | 17,50,000 crores |
SJP Ultrasonics IPO Strengths & Weaknesses
End-to-end plastic welding solutions covering a wide range of customer requirements.
Long-standing relationships with raw material and equipment suppliers.
Established customer relationships with scope to expand its client base.
Diverse range of specialised solutions across multiple industries.
Quality certifications and testing processes supporting product standards.
Significant revenue dependence on plastic joining solutions and industrial automation.
Reliance on a limited number of large customers for a substantial portion of revenue.
No contractual arrangements with suppliers for raw materials and equipment.
Fluctuations and increases in raw material prices may affect business performance.
SJP Ultrasonics IPO Important Dates & Issue Details
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 06 Oct '26 | 08 Oct '26 | 07 Oct '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹10 per share |
| Total Issue Size | 35,00,000 shares (aggregating up to To be announced) |
| Fresh Issue | 3,32,400 shares (aggregating up to ₹33,24,000 crores) |
| Offer for Sale | 0 shares of ₹10 (aggregating up to To be announced) |
| Issue Type | Fixed Price IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | 79.51 shares |
| Post-Issue Shareholding | 58 shares |
SJP Ultrasonics IPO Lot Size and Investment Details
| Minimum Lot Size | 2,000 shares |
| Maximum Lot Size (Retail) | -- |
The lot size of SJP Ultrasonics ipo has been designed to ensure broad participation while maintaining optimal price discovery.
How to Apply for SJP Ultrasonics IPO
- Log in to your Choice account
- Select IPO
- Enter the number of lots and your price
- Verify UPI ID
- Complete the transaction on your UPI app
SJP Ultrasonics IPO Contact & Registrar Details
Contact Details
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
Phone Number
Registrar Details
Registrar Name
Maashitla Securities Pvt.Ltd.
Phone Number
SJP Ultrasonics Lead Manager(s)
| Book Running Lead Manager(s) |
|---|
| Khandwala Securities Ltd |
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