IPOs Details

SME

SJP Ultrasonics Ltd.

OPEN · Closes in 5 days

Issue details

Price band

₹67 - ₹67

Lot size

2,000 shares

Issue size

₹23 Cr

Min. investment

₹1,34,000

Registrar

Maashitla Securities

Grey market premium

₹0

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Check allotment

Available once allotment results are out

IPO Timeline

  1. Open

    30 Sep

  2. Close

    5 Oct

  3. Allotment

    6 Oct

  4. Listing

    8 Oct

Refunds & demat credit
7 Oct 2026
Mandate end
20 Oct 2026

We calculate these dates from the allotment and close dates, so please treat them as indicative.

Application size

CategoryMinimumMaximum
Retail

2,000shares

1 lot · ₹1,34,000

2,000shares

1 lot · ₹1,34,000

HNI

4,000shares

2 lots · ₹2,68,000

No limit

funds permitting

Based on the upper price band of ₹67 and a lot of 2,000 shares.

Issue structure

Face value

₹10 per share

Issue type

Fixed Price IPO

Sale type

Fresh capital only

Fresh issue

₹22 Cr

33,24,000 shares

Shares pre-issue

94,40,000

Shares post-issue

1,29,40,000

Valuation & ratios

MetricPre-IPOPost-IPO
EPS5.554.05
P/E12.0716.54
Market cap₹63.25 Cr.₹86.70 Cr
KPIMar 31, 2025
ROE38.86%
ROCE50.80%
Debt/Equity0.16
RoNW28.10%
PAT Margin19.81%
EBITDA Margin32.47%
NAV15.73
P/B (x)4.26

Financials

Metric31 Mar 202631 Mar 202531 Mar 2024
Total income26.6321.1515.22
Profit after tax5.244.173.4
EBITDA8.326.935.43
Net worth20.0914.856.73
Assets35.227.0616.97
Reserves & surplus10.655.415.63
Total borrowing5.782.412.01

Figures in ₹ crore, as reported by the company in its offer document.

Objects of the issue

  1. 1.Funding Capital Expenditure towards the Purchase of Machineries₹13.22 Cr
  2. 2.Funding working capital requirements of the Company₹4.92 Cr
  3. 3.General Corporate Purposes₹3.05 Cr
  4. 4.Issue Expenses₹3.16 Cr

What the company says it intends to do with the money raised.

Recent comparable IPOs

CompanyIssue priceP/EListing closeListing gain
Phychem Technologies Ltd.SME₹549.96₹58.80+8.89%
Technocrats Plasma Systems Ltd.SME₹13211.38₹241.50+82.95%
Liotech Industries Ltd.SME₹32123.13₹244.15-23.94%
Narmadesh Brass Industries Ltd.SME₹51519.63₹470.25-8.69%
Hy-Tech Engineers Ltd.Mainboard₹5319.63₹78.75+48.58%

Past listing performance of comparable issues. This is not a forecast: listing gains vary widely and can turn negative.

Issue fundamentals compiled from the company's offer document via Chittorgarh, last read 30 Sep 2026. Always verify against the RHP before applying.