SJP Ultrasonics IPO GMP today is Rs 7.2. Investors can use this GMP along with price band and subscription status for a better IPO review.
Listed
SME IPO
SJP
SJP Ultrasonics IPO GMP & Allotment
SJP Ultrasonics primarily operates in the industrial automation solution segment, providing solutions under three business segments: Plastic Joining Solutions, Industrial Automation, and Laser Technology Solutions. The company is a start-to-finish plastic welding solution provider offering diverse and comprehensive service offerings, including specialized plastic products across varied industry segments. It customises industrial automation solutions for an array of industries such as automotive, pharmaceuticals, electronics, energy, food and beverage, packaging, material handling, water treatment, and textiles. SJP Ultrasonics designs and manufactures special-purpose machines that involve detailed fabrication processes and engineering precision on a made-to-order basis. The company integrates technologies like programmable logic controllers, supervisory control and data acquisition, human-machine interfaces, and robotics into its automation systems. SJP Ultrasonics conducts its entire manufacturing operations from its facility in Vasai, Maharashtra, generating revenue directly from customers, particularly original equipment manufacturers, through milestone-based billing without long-term contracts.
- IPO Price Band
- ₹67.00 - ₹67.00
- Lot Size
- 2,000 Shares
- Bidding Closes
- 05 Oct 2026
- Listing Date
- 08 Oct 2026
Quick Answer & Highlights
SJP Ultrasonics IPO GMP Today & Key Takeaways
Last updated: 05 Oct 2026
SJP Ultrasonics IPO officially listed on 08 Oct 2026 at Rs 74.20, delivering a +10.75% listing gain compared to its issue price of Rs 23.45. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹7.2.
SJP Ultrasonics IPO officially listed on 08 Oct 2026 at ₹74.20, delivering a +10.75% listing gain compared to its issue price of ₹23.45. Pre-listing, its final recorded Grey Market Premium (GMP) was ₹7.2.
| Key Metric | Figure | Status / Context |
|---|---|---|
| Current GMP | ₹7.2 | +10.75% vs upper band (05 Oct 2026) |
| Est. Listing Price | ₹74.20 | +10.75% Est. Listing Gain |
| Price Band | ₹67.00 - ₹67.00 | SME IPO |
| Retail Minimum Investment | ₹2,68,000 | 2 Lot (2,000 Shares) |
| Bidding Window | 30 Sept 2026 – 05 Oct 2026 | Listed |
| Allotment & Listing Dates | Allotment: 06 Oct 2026 | Listing: 08 Oct 2026 |
Current GMP Status
₹7.2
+10.75% vs upper band
Est. Listing Gain
+10.75%
Last Trend
05 Oct 2026
Listing Price
₹74.20
Retail Entry
₹2,68,000
IPO Details
Complete IPO information
| IPO Open Date | 30 Sept 2026 |
|---|---|
| IPO Close Date | 05 Oct 2026 |
| IPO Price Band | ₹67.00 - ₹67.00 |
| Lot Size | 2,000 Shares |
| Current GMP | ₹7.2 |
| Estimated Listing Gain | +10.75% |
| Issue Size | Approx ₹23.45 Cr |
| Fresh Issue | Approx ₹23.45 Cr |
| Issue Type | SME |
| IPO Listing | BSE SME |
| Retail Quota | TBA |
| Registrar | Maashitla Securities Pvt. Ltd. |
| Overall Subscription | 1.82x |
| Minimum Investment | ₹2,68,000 |
| DRHP Draft Prospectus | |
| RHP Draft Prospectus |
Demand Tracker
Subscription Status
| Category | Shares Reserved | Shares Applied | Subscription (x) |
|---|---|---|---|
| NII | 16.62 | 30.86 | 1.86xx |
| Retail | 16.62 | 16.68 | 1xx |
| Overall Subscription | 33.24 | 60.46 | 1.82xx |
Day-wise demand
SJP Ultrasonics IPO subscription status day-wise
| Day | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 2 (01 Oct) | - | 0.74x | 0.1x | 0.42x |
| Day 4 (05 Oct) | - | 0.85x | 0.23x | 0.54x |
Subscription in times (x) at the end of each bidding day. Today's row updates through the day.
Analysis
IPO Snapshot & Investor Takeaways
At the upper end of its price band, SJP Ultrasonics is priced at ₹67 per share. With a minimum lot size of 2,000 shares, a retail investor applying for one lot would need approximately ₹2,68,000 to participate in this SME issue.
The latest recorded Grey Market Premium for SJP Ultrasonics stands at ₹7.2, implying an estimated listing gain of around 10.75% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, SJP Ultrasonics's IPO was subscribed 1.82x overall, with a category-wise breakdown of Retail 1x, NII 1.86x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
Timeline
IPO roadmap at a glance
✓
Bidding Opens
30 Sept 2026
✓
Bidding Closes
05 Oct 2026
✓
Allotment
06 Oct 2026
✓
Listing
08 Oct 2026
| Event / Milestone | Scheduled Date | Status |
|---|---|---|
| Bidding Opens | 30 Sept 2026 | Completed |
| Bidding Closes | 05 Oct 2026 | Completed |
| Allotment | 06 Oct 2026 | Completed |
| Listing | 08 Oct 2026 | Completed |
Grey Market Premium
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 05 Oct 2026 | ₹0.00 | - | TBA |
| 01 Oct 2026 | ₹0.00 | - | 0.00% |
Swipe to see more →
Market Lot
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 4,000 | ₹2,68,000 |
| Retail Maximum | 2 Lot | 4,000 | ₹2,68,000 |
| S-HNI Minimum | 3 Lot | 6,000 | ₹4,02,000 |
| S-HNI Maximum | 7 Lot | 14,000 | ₹9,38,000 |
| B-HNI Minimum | 8 Lot | 16,000 | ₹10,72,000 |
Swipe to see more →
Fund Utilization
Objects of the Issue & Official Documents
Analysis
SJP Ultrasonic IPO Reservation
The SJP Ultrasonic IPO reservation is divided between Non-Institutional Investors (NII) and Retail Investors. Each category has been allocated 50% of the shares offered in the IPO.
| Investor Category | Share Offered | -% Shares |
|---|---|---|
| NII Shares Offered | 16,62,000 Shares | 50% |
| Retail Shares Offered | 16,62,000 Shares | 50% |
Note: The reservation figures are presented as provided for the SJP Ultrasonic IPO.
Analysis
SJP Ultrasonic IPO Dates
The SJP Ultrasonic IPO is scheduled to open on September 30, 2026, and close on October 5, 2026. The IPO allotment is expected to be finalized on October 6, followed by refunds and credit of shares to eligible investors' demat accounts on October 7. The equity shares are scheduled to list on October 8, 2026.
| IPO Timeline | Date |
|---|---|
| IPO Open Date | September 30, 2026 |
| IPO Close Date | October 5, 2026 |
| Basis of Allotment | October 6, 2026 |
| Refunds | October 7, 2026 |
| Credit to Demat Account | October 7, 2026 |
| IPO Listing Date | October 8, 2026 |
Note: The SJP Ultrasonic IPO dates are presented as provided.
Analysis
SJP Ultrasonics IPO Dates
| Particular | Dates |
|---|---|
| IPO Open Date | 30 Sept 2026 |
| IPO Close Date | 05 Oct 2026 |
| Basis of Allotment | 06 Oct 2026 |
| Refunds | 07 Oct 2026 |
| Credit to Demat Account | 07 Oct 2026 |
| IPO Listing Date | 08 Oct 2026 |
Note: The timeline for SJP Ultrasonics IPO is tentative and subject to change.
Analysis
SJP Ultrasonic IPO Objects of the Issue & Utilisation of Proceeds
SJP Ultrasonics Limited proposes to utilise the IPO proceeds primarily for purchasing machinery and strengthening its working capital position. A portion of the proceeds is also allocated towards general corporate purposes and issue-related expenses.
| Purpose | Crores |
|---|---|
| Funding Capital Expenditure towards the Purchase of Machineries | ₹13.22 |
| Funding working capital requirements of the Company | ₹4.92 |
| General Corporate Purposes | ₹3.05 |
| Issue Expenses | ₹3.16 |
Note: The utilisation figures above are presented as provided for the SJP Ultrasonic IPO.
Analysis
SJP Ultrasonics Objects of the Issue & Utilisation of Proceeds
| Purpose | Crores |
|---|---|
| Funding capital expenditure towards the purchase of machineries | 13.22 (56.37%) |
| Working Capital Requirement | 4.92 (20.98%) |
| General Corporate Purposes | 3.05 (13.01%) |
| Issue Expenses | 2.26 (9.64%) |
Note: Objectives are as specified in the DRHP/RHP documents of SJP Ultrasonics.
Analysis
SJP Ultrasonic IPO Company Financials
SJP Ultrasonics Limited has reported steady growth in revenue and profitability across the financial years presented below. Revenue increased from ₹15.22 crore in 2024 to ₹26.63 crore in 2026, while Profit After Tax (PAT) rose from ₹3.40 crore to ₹5.24 crore during the same period.
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | ₹15.22 | ₹10.48 | ₹3.40 | ₹16.97 |
| 2025 | ₹21.15 | ₹15.65 | ₹4.17 | ₹27.06 |
| 2026 | ₹26.63 | ₹19.58 | ₹5.24 | ₹35.20 |
Note: All financial figures are in ₹ Crores. The figures above are presented as provided for the SJP Ultrasonic IPO.
Analysis
SJP Ultrasonics Company Financials
| Period | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2024 | 15.22 Cr. | 10.48 Cr. | 3.40 Cr. | 16.97 Cr. |
| 2025 | 21.15 Cr. | 15.65 Cr. | 4.17 Cr. | 27.06 Cr. |
| 2026 | 26.63 Cr. | 19.58 Cr. | 5.24 Cr. | 35.20 Cr. |
Note: Financial numbers for SJP Ultrasonics are in ₹ Crores unless stated otherwise.
Analysis
SJP Ultrasonics Company Valuation – FY2026
| KPI | Values |
|---|---|
| ROE | 30.01% |
| ROCE | 38.49% |
| EBITDA Margin | 31.02% |
| PAT Margin | 19.74% |
| Debt to Equity Ratio | 0.64 |
| Earning Per Share (EPS) | 5.55 (Basic) |
| Price/Earning P/E Ratio | 12.07 |
| Return on Net Worth (RoNW) | 26.10% |
| Net Asset Value (NAV) | 21.28 |
Note: Valuation KPIs for SJP Ultrasonics are computed for FY2026.
Analysis
SJP Ultrasonics IPO Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Rinco Ultrasonics India Pvt. Ltd. | 75.56 | – | 12.64% | 597.93 | 12.21 Cr. |
| Unique Circle Automation Pvt. Ltd. | 7,510.27 | – | 22.41% | 33,518.49 | 26.28 Cr. |
Note: Peer group comparisons for SJP Ultrasonics are sourced from DRHP filings.
Comparison
Compare SJP Ultrasonics IPO with similar IPOs
FAQ
SJP Ultrasonics IPO FAQs
Based on the latest Grey Market Premium (GMP) of Rs 7.2 and an issue price of Rs 67, the estimated listing price for SJP Ultrasonics IPO is Rs 74.20 (approx 10.75% listing gain). Actual listing price is determined by market demand on the listing day.
SJP Ultrasonics IPO price band is Rs 67.00 to Rs 67.00. Check the latest issue price, lot size and GMP together before applying.
SJP Ultrasonics IPO open date is 30 Sept 2026, close date is 05 Oct 2026, and listing date is 08 Oct 2026.
SJP Ultrasonics IPO lot size is 2,000 shares. The minimum retail investment is Rs 2,68,000.
SJP Ultrasonics is classified as a SME IPO. This helps investors quickly understand the issue category and exchange segment.
SJP Ultrasonics IPO subscription status currently shows Retail 1x, NII 1.86x, Overall 1.82x.
SJP Ultrasonics primarily operates in the industrial automation solution segment, providing solutions under three business segments: Plastic Joining Solutions, Industrial Automation, and Laser Technology Solutions. The company is a start-to-finish plastic welding solution provider offering diverse and comprehensive service offerings, including specialized plastic products across varied industry segments. It customises industrial automation solutions for an array of industries such as automotive, pharmaceuticals, electronics, energy, food and beverage, packaging, material handling, water treatment, and textiles. SJP Ultrasonics designs and manufactures special-purpose machines that involve detailed fabrication processes and engineering precision on a made-to-order basis. The company integrates technologies like programmable logic controllers, supervisory control and data acquisition, human-machine interfaces, and robotics into its automation systems. SJP Ultrasonics conducts its entire manufacturing operations from its facility in Vasai, Maharashtra, generating revenue directly from customers, particularly original equipment manufacturers, through milestone-based billing without long-term contracts.
SJP Ultrasonics IPO issue size is TBA and the expected allotment date is 06 Oct 2026.
In our empirical study of 117 Indian IPO listings, positive GMP was followed by a positive listing gain 69.8% of the time. However, as an exact forecast, the median variation between GMP-implied gain and actual listing price was 8 percentage points. GMP reflects informal market sentiment and should always be evaluated alongside company valuation and fundamentals.
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