SME NSE • BSE Financial Services

SJP Ultrasonics Ltd IPO

Tech-led NBFC delivering AI/ML driven retail credit across Tier-2 & Tier-3 India.

Listed
Price Band ₹67 per share per share
Lot Size 4000 Shares
Min. Investment ₹268000
Issue Size ₹23.45 Cr
Face Value ₹10
IPO Open 30 September 2026
IPO Close 05 October 2026
Allotment 06 Oct 2026
Listing 08 Oct 2026
Live demand

Subscription status for SJP Ultrasonics Ltd IPO

As of 09 Oct 26, 7:14 PM. Will get Updated in every 30 minutes

QIB -

Qualified Institutional Buyers

NII -

Non-Institutional Investors

Retail -

Retail Individual Investors

Total -

Across all investor categories

Key dates

IPO schedule for SJP Ultrasonics Ltd

From the day bidding opens to listing — every milestone you need to track.

IPO Open 30 Sep 2026
IPO Close 05 Oct 2026
Allotment 06 Oct 2026
Refund / Unblock 07 Oct 2026
Listing 08 Oct 2026
About the company

Who is SJP Ultrasonics Ltd ?

SJP Ultrasonics Limited was incorporated on January 27, 2012 as SJP Ultrasonics Private Limited', dated January 27, 2012 with the Registrar of Companies, Mumbai. Further, Company converted the status into a Public Limited Company and got the name changed to SJP Ultrasonic Limited' via fresh Certificate of incorporation w.e.f. November 16, 2023 at ROC, Mumbai. The Company was incorporated with the main object to manufacture and supply machineries for providing Plastic and Plastic Welding Solutions.

Company is an end-to-end plastic joining solution providers and automation experts, offering specialised solutions mainly in the Automotive industry and industries related to Medical, Electrical, Electronics, Textile, FMCG, Toys, Gift & Stationery, Food & Packaging & Educational Institutes.

Over the years, Company has designed a distinctive integrated procurement system, with international manufacturers engaged into the production of ultrasonic plastic welding equipment.

Owing to the diverse application of products and services, Company keep a track record of serving various industries, such as automotive, medical, electrical, electronics, gift and stationery, textile, food cutting, agriculture, defence, educational institution, furniture, etc. The manufacturing plant is located at Vasai East, in Palghar District of Maharashtra. Certain ultrasonic plastic and vibration welding machines are imported from international manufactures. Company has entered into an agreement for services support and demo location executed at Chennai since 2024.

Company is planning the fresh issue initial public offer of 35,00,000 Equity Shares having the face value Rs 10 per equity.

Financial track record

Financials at a glance

Three-year trajectory of revenue, profit and assets — restated as per the RHP.

Revenue PAT Total Assets
FY 2025
FY 2024
FY 2023
Metric (₹ Cr)FY 2025FY 2024FY 2023
Total Income21.1515.2211.53
EBITDA6.935.432.78
PAT4.173.401.41
AUM27.0616.9712.77

Strengths & Risks

A balanced look at what works in the company's favour and what investors should watch.

Strengths

  • A start to finish plastic welding solution provider offering diverse and comprehensive service offerings.
  • Long standing relations with raw material and equipment suppliers.
  • Long-standing relationships with established customers, with potential to expand our customer base.
  • Diverse range of specialised plastic products across varied industry segments.
  • Experienced Promoters and senior management team.

Risks

  • The company's future fund requirements, in the form of further issue of capital or securities and/or loans taken by the company, may be prejudicial to the interest of the Shareholders depending upon the terms on which they are eventually raised.
  • The price of the Equity Shares may be highly volatile after the Issue.
  • You will not be able to sell immediately on the Stock Exchanges any of the Equity Shares you purchase in the Issue.

SJP Ultrasonics Ltd IPO — frequently asked questions

The SJP Ultrasonics Ltd IPO opens on 30 September 2026 and closes on 05 October 2026. Bidding is accepted from 10:00 AM on the open date until 5:00 PM on the close date. The IPO is available to all eligible investors including retail individual investors, non-institutional investors, and qualified institutional buyers.
The price band for SJP Ultrasonics Ltd IPO is Rs 67 to Rs 67 per share. The lot size is 4000 shares per lot, requiring a minimum investment of Rs 268000 at the upper price band. Investors must apply for a minimum of one lot and can apply for up to 4000 lots as per SEBI guidelines.
You can apply for the SJP Ultrasonics Ltd IPO through the Chola Securities app or web platform using UPI or ASBA. Log in to your account, navigate to the IPO section, select SJP Ultrasonics Ltd from the open IPOs list, enter your bid quantity and price within the price band, and submit your application. You need an active demat account, a linked bank account, and a valid PAN to apply. Bidding closes on 05 October 2026 at 5:00 PM.
Allotment for SJP Ultrasonics Ltd IPO is scheduled on 06 Oct 2026. Refunds or unblocking of funds for unsuccessful applicants will be processed on 07 Oct 2026. The shares are expected to list on 08 Oct 2026. You can check your allotment status on the Chola Securities IPO page or through the registrar's website using your PAN.
Chola Securities' research team has reviewed the SJP Ultrasonics Ltd IPO based on the company's financials, business model, valuation, and sector outlook. The recommendation is available on this page. Investors are advised to read the full IPO note along with the company's Red Herring Prospectus before making an investment decision.
Yes, you can revise or withdraw your SJP Ultrasonics Ltd IPO bid before the subscription window closes on 05 October 2026 at 5:00 PM. Revisions can include changing the quantity or price within the allowed price band. To withdraw, cancel your application through the platform before the closing time. Once the subscription period ends, no further changes are permitted.
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Bidding closes 09 May 2026 — apply via UPI in under 60 seconds and skip the paperwork.

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