IPO IPO-Synopsis
SJP Ultrasonics Ltd

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Registered Office: Gala No.1&2 Shiv Shankar Indus,Complex 2 Bhutpada Bldg No.5 , Palghar - 401208 , Maharashtra , India.
Phone : +91 777 001 8231   Fax:
Email :  info@sjpultrasonics.in  
Website :  www.sjpultrasonics.in
Initial public issue of 35,00,000 equity shares of face value of Rs10/- each of the company for cash at a price of Rs67 per equity share including a share premium of 57 per equity share (the "Issue Price") aggregating to Rs23.45 Crores ("the Issue"), of which 1,76,000 equity shares of face value of Rs10/- each for cash at a price of Rs67 per equity share including a share premium of Rs57 per equity share aggregating to Rs1.18 Crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue less the market maker reservation portion i.e., Net issue of 33,24,000 equity shares of face value of Rs10/- each at a price of Rs67 per equity share aggregating to Rs22.27 Crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.05% and 25.69% respectively of the post issue paid up equity share capital of the company. Issue Price: Rs67 per equity share of face value of Rs10.00 each. The issue price is 6.7 times the face value of the equity shares. Bids can be made for a minimum of 4,000 equity shares and in multiples of 2,000 equity shares thereafter.

Issue Money Payable On
Opens On Closes On Application Allotment
30-Sep-26 05-Oct-26 Rs67.00-0.00 Rs0.00-0.00
Minimum Application for shares in Nos :4000  Further Multiples of :2000

  Rs Cr Lead Managers to the Issue
Project Cost 21.19
Khandwala Securities Limited
Project Financed through Current Offer 23.45  
Post Issue Equity Share Capital 12.94  
Issue Price Rs67.00  
Projects
Funding Capital Expenditure towards the Purchase of MachineriesGeneral corporate purposes
Funding working capital requirements of the Company
Promoted By
Jignesh Pravinchandra Parekh
Rupal Jignesh Parekh
Parth Jignesh Parekh
Listing At
BSE - SME 
Registrar to the Issue
Maashitla Securities Pvt Ltd