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(25/09/2026 20:10)

SJP Ultrasonics announces launch of initial public offering

SJP Ultrasonics Ltd. has announced public offering of 3500000 shares at a price of Rs 10.00 each for Cash at a Premium of Rs 57.00 per share. The gross proceeds of the issue are expected to be Rs 2,345.00 lakhs.

The company's initial public offer (IPO) will open on 30 September 2026 and is expected to close on 05 October 2026, subject to customary closing conditions.

The IPO includes a fresh Issue of 3500000 Equity Shares of the Company at an price of Rs 67.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 2000 shares with bids in multiples of 2000.

SJP Ultrasonics Ltd. anticipates using the proceeds of the issue for .

Khandwala Securities Ltd. as lead manager & Maashitla Securities Pvt. Ltd. is the registrar, to the issue.
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