SJP Ultrasonic IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| NII | 0.74 | 0.85 | 1.86 |
| RII | 0.10 | 0.23 | 1.00 |
| Total | 0.42 | 0.54 | 1.82 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The SJP Ultrasonic IPO minimum market lot is 4000 shares with ₹2,68,000 application amount. The SJP Ultrasonic IPO is a SME IPO, and it is to be listed on BSE SME.
Business Overview
Since its setup in 2012, SJP Ultrasonics has been involved in providing a complete plastic joining and automation solution. Its product range includes Plastic joining solutions, industrial automation, and Laser technology solutions for the automotive industry and industries related to Medical, Electrical, Electronics, Textile, FMCG, Toys, Gift & Stationery, Food & Packaging, defence, and educational institutes.
The firm operates its business in a B2B model where they sell products and services mainly to manufacturers involved in various industries. Moreover, its manufacturing facility is located in Maharashtra, India, which they are planning to enhance 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.
SJP Ultrasonic IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
SJP Ultrasonic IPO Review and Rating
- May Apply For Long-term View
SJP Ultrasonic IPO Form
How to apply for the SJP Ultrasonic IPO? You can apply for SJP Ultrasonic IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the SJP Ultrasonic IPO in the Invest section. The other option is you can apply for SJP Ultrasonic IPO via IPO forms downloaded online. Check out the SJP Ultrasonic forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
