Haan, SJP Ultrasonics SME IPO ke liye bhi natural, human-style blog bana sakte hain. Current available details ke hisaab se IPO 30 September–5 October 2026, issue price ₹67, lot size 2,000 shares, issue size about ₹23.45 crore, aur proposed listing BSE SME par 8 October ko hai.
SJP Ultrasonics SME IPO 2026 – Full Details, Price, GMP & Review
SJP Ultrasonics is coming to the SME IPO market with a fresh issue of shares. The company operates in the industrial automation space and provides solutions related to plastic joining, industrial automation and laser technology. Its IPO is scheduled to open on September 30, 2026, and investors can submit applications until October 5, 2026.
The company has built its business around specialised industrial equipment and automation solutions. Its product range includes ultrasonic and other plastic welding systems, tooling and fixtures, special-purpose machines, robotic automation and laser-based solutions.
SJP Ultrasonics IPO Details
| Particular | Details |
|---|---|
| Company | SJP Ultrasonics Limited |
| IPO Type | SME IPO |
| IPO Open Date | September 30, 2026 |
| IPO Close Date | October 5, 2026 |
| Issue Price | ₹67 per share |
| Issue Size | ₹23.45 crore |
| Lot Size | 2,000 shares |
| Minimum Application | ₹1,34,000 per lot |
| Listing | BSE SME |
| Allotment Date | October 6, 2026 |
| Listing Date | October 8, 2026 |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Lead Manager | Khandwala Securities Ltd. |
The issue is a fixed-price SME offering. The company is offering 35 lakh shares through a fresh issue, according to available IPO details.
About Company
SJP Ultrasonics Limited was incorporated as SJP Ultrasonics Private Limited on January 27, 2012, under the Companies Act, 1956. The Company was subsequently converted into a Public Limited Company pursuant to resolutions passed in September and October 2023 and was renamed SJP Ultrasonics Limited on November 16, 2023.
The Company provides end-to-end plastic joining and industrial automation solutions, primarily serving the automotive industry along with medical, electrical, electronics, textile, FMCG, toys, gift & stationery, food & packaging, defence and educational sectors. Its business is primarily B2B, catering to manufacturers across these industries.
Its key business segments include plastic joining solutions, industrial automation and laser technology solutions. The Company operates its manufacturing facility in Vasai East, Palghar, Maharashtra.
The Company plans to enhance its in-house manufacturing capabilities and production efficiency through investments in equipment such as CNC machines, 6-axis robots, laser cutting and welding units, CMM machines, vibration welders, software and other manufacturing infrastructure.
Strengths
End-to-End Plastic Welding Solutions: The company offers a start-to-finish service covering design, raw material selection, manufacture of welding machines and tools, installation, testing, commissioning and operational support. Its customers are mainly in the automotive industry, with others in medical, FMCG, white goods, textiles, electronics and agriculture.
Long-Standing Supplier Relationships: Long-standing ties with raw material and equipment suppliers give the company consistent access to quality inputs and reduce supply disruptions. Its top ten suppliers accounted for 68.23% of purchases in FY2026. The company also keeps alternate domestic suppliers for each key raw material and holds buffer inventory.
Established Customer Relationships: The company has built long-standing relationships with customers across India and credits its growth to this customer base. It plans to use these relationships to support future expansion while also working to widen its customer base across the industries it serves.
Risk Factors
Dependence on Two Business Segments: Plastic Joining Solutions and Industrial Automation contributed ₹1,235.53 lakhs (46.52%) and ₹1,340.52 lakhs (50.48%) of FY2026 revenue. Weaker demand, pricing pressure or more competition in either segment could hurt the company's business, results of operations and financial condition.
Past EPF Act Non-Compliance: The company employed more than 20 people in the past but registered under the EPF Act only on June 15, 2024, and it did not pay the applicable contributions. No penalty has been imposed so far. It could still face fines, higher contributions for the default period and possible imprisonment of directors.
Past ESIC Act Non-Compliance: The company employed more than 10 people in the past but registered under the ESI Act only on June 15, 2024, and it did not pay the applicable contributions. It informed the authorities in August 2025, and no penalty has been imposed yet. Fines, additional contributions or action against directors remain possible..
SJP Ultrasonics IPO GMP
The grey market premium, or GMP, is currently reported around ₹0 by several IPO tracking sources. GMP is an unofficial indicator and is not controlled or guaranteed by the stock exchanges. It can change before the actual listing, so investors should not use GMP alone to judge an IPO.
Financial Performance
SJP Ultrasonics reported revenue of approximately ₹26.63 crore in FY2026, compared with ₹21.15 crore in FY2025. Its profit increased to around ₹5.24 crore in FY2026 from ₹4.17 crore in the previous financial year.
SJP Ultrasonics IPO Conclusion
SJP Ultrasonics IPO gives investors an opportunity to look at a company operating in industrial automation, plastic joining and laser technology solutions. The company has reported growth in revenue and profit, while the IPO will provide fresh capital to the business. However, SME IPOs can involve higher risks and lower liquidity than larger listed companies. Investors should read the RHP, check the company's financials and understand the risks before making an investment decision.
Disclaimer: This article is for educational and informational purposes only. It is not investment advice or a recommendation to buy or sell any security.