SJP Ultrasonics Ltd
SJP Ultrasonics is an end-to-end plastic joining and automation solutions provider serving automotive, medical, electronics, and other industrial sectors. The company specializes in plastic welding technologies, industrial automation systems, and laser technology solutions manufactured at its Vasai, Maharashtra facility.
Overview
About the Company
SJP Ultrasonics Ltd is an industrial solutions company providing comprehensive plastic joining, automation, and laser technology services. Established in 2012, the company designs and manufactures special-purpose machines including ultrasonic welders, vibration welders, and laser plastic welding systems. Its client base spans automotive OEMs, medical device manufacturers, electrical and electronics companies, and sectors such as textiles, FMCG, packaging, and defence. The company operates a manufacturing facility in Vasai East, Palghar, Maharashtra and employs 84 people as of March 31, 2026. SJP Ultrasonics follows a B2B model with milestone-based billing and customizable made-to-order production.
Company Details
📋 Objects of Issue (Use of Proceeds)
- › Purchase of capital equipment including milling machines, CNC lathe, compressor, CNC bandsaw, overhead crane, 6-axis robot, CO2 laser cutting unit, computers, NX and SolidWorks software, diesel generator, CMM machine, vibration welders, and laser plastic welder
- › Funding working capital requirements to support operational growth
- › General corporate purposes including strategic initiatives and operational needs
- › Meeting issue-related expenses including regulatory fees, underwriting, and marketing costs
✅ Strengths
- ✓ Complete end-to-end solutions for plastic welding requirements across diverse industry verticals
- ✓ Long-standing partnerships with both raw material suppliers and established customers
- ✓ In-house manufacturing facility enabling quality control and production flexibility
- ✓ ISO-certified quality management systems with established testing protocols
- ✓ Experienced management team with technical expertise in automation and welding technologies
⚠️ Risks
- ! Heavy reliance on two key business segments for majority of revenue
- ! Customer concentration risk with significant dependence on select large clients
- ! Exposure to raw material price fluctuations due to absence of long-term supply contracts
- ! Working capital intensity driven by trade receivables and milestone-based billing
- ! Potential delays in machinery procurement could impact planned capacity expansion