SJP Ultrasonics Ltd.
SJPSME
Overview
SJP Ultrasonics Limited is an India-based provider of plastic joining and industrial automation solutions, supplying and integrating plastic welding technologies (including ultrasonic, vibration, hot-plate, spin welding and heat staking), custom tooling, and special-purpose automation systems for B2B manufacturers across sectors such as automotive, medical, electronics, FMCG, packaging and others, along with trading and installation of laser marking/welding/cutting machines.
Opening Date
Sep 30, 2026
Closing Date
Oct 05, 2026
Listing Date
Oct 08, 2026
IPO Type
SME
IPO Status
Upcoming
Issue Size
23.45 Cr
Fresh Issue
23.45 Cr
Offer for Sale
0 Cr
Price Band
₹67 - ₹67
Lot Size
2000
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
Use of IPO funds
Key Performance Indicator
P/E Ratio
12.07
EPS
5.55
ROE
38.86%
ROCE
50.8%
RONW
28.1%
Debt to Equity Ratio
0.16
PAT Margin
19.81%
EBITDA Margin
32.47%
P/B
4.26
Bull vs Bear
Bull case
- •
The company offers end-to-end solutions, so customers avoid juggling multiple vendors. This “one-stop” role can improve repeat orders and switching costs.
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Links with international equipment makers and in-house design/testing can raise customer trust. Reliable execution is harder for small competitors to replicate quickly.
- •
Automation demand is rising, creating room for specialist integrators. A growing market matters because it reduces reliance on stealing share from rivals.
Bear case
- •
Revenue is concentrated in two segments, so a slowdown in either can hit overall results quickly. This matters because earnings may swing with project cycles.
- •
Past EPF and ESIC non-compliance can bring back-payments or penalties. This matters because unexpected costs and management distraction can reduce cash available for growth.
- •
Receivables are high versus sales, especially with OEM credit periods. This matters because cash can lag profits, forcing more borrowing and raising financing risk.
Subscription Rate
Subscription data will be available once the IPO opens.

