Issue Price
₹67
Per Share
GMP
NIL
Grey Market
Est. Listing
₹67
Expected Price
Min. Application
₹268,000
2 lots × 2000 shares
Incorporated in 2012, SJP Ultrasonics Ltd. is engaged in the end-to-end plastic joining and automation solution providers. The company offers specialised solutions mainly in the Automotive industry and industries related to Medical, Electrical, Electronics, Textile, FMCG, Toys, Gift & Stationery, Food & Packaging, Defence & Educational Institutes. The sale of the products and services is majorly made to manufacturers engaged in various industries, which makes model business to business (B2B).Business Segments:Plastic joining solutionsIndustrial automationLaser technology solutions2B) in nature.The manufacturing facility is situated at Gala No. 1 and Gala No. 2, Shiv Shankar Industrial Complex 2, Bhutpada, Building No.5, Opp. Golden Chariot Hotel, Highway, Vasai East, Palghar - 401 208, Maharashtra, India.The company intends to enhance in-house manufacturing capabilities and increasing production efficiency by purchasing Milling Machines, CNC Lathe Machine, Compressor, CNC Bandsaw Machine, Overhead Crane, 6 Axis Robot, Co2 Laser Cutting Unit, Computers, NX Softwares, Solid Works Software, Diesel Generator, CMM Machine, Vibration Welders, Laser Plastic Welder to improve production.As of March 31, 2026, the company had 84 employees.Competitive Strengths:A start to finish plastic welding solution provider offering diverse and comprehensive service offerings.Long standing relations with raw material and equipment suppliersLong-standing relationships with established customers, with potential to expand the customer base.They provide a diverse range of specialised plastic products across varied industry segmentsQuality Standard Certifications & Quality Tests
SJP Ultrasonics Ltd proposes to utilise the net proceeds from the Issue for the following objects:
| Category | Shares Offered | % Issue | Amount (₹ Cr)* | Subscription |
|---|---|---|---|---|
| NII / HNI | 1,662,000 | — | ₹11.14 Cr | 1.86x |
| Retail (RII) | 1,662,000 | — | ₹11.14 Cr | 1.00x |
| Market Maker | 176,000 | — | ₹1.18 Cr | — |
| TOTAL | 3,324,000 | 100.00% | ₹22.27 Cr | 1.82x |
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 2,000 | ₹134,000 |
| Retail (Max) | 13 | 26,000 | ₹1,742,000 |
| sNII (Min) | 14 | 28,000 | ₹1,876,000 |
| bNII (Min) | 68 | 136,000 | ₹9,112,000 |
| Particulars | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue from Operations | 26.63 | 21.15 | 15.22 |
| EBITDA | 8.32 | 6.93 | 5.43 |
| Profit After Tax (PAT) | 5.24 | 4.17 | 3.40 |
| Net Worth | 20.09 | 14.85 | 6.73 |
| Total Assets | 35.20 | 27.06 | 16.97 |
| Reserves & Surplus | 10.65 | 5.41 | 5.63 |
| Total Borrowings | 5.78 | 2.41 | 2.01 |