Analysis: SJP Ultrasonics

NSE:TL2639

Research report

companyname: SJP Ultrasonics Limited ticker: TL2639 sector: Capital Goods / Industrial Automation & Plastic Joining Solutions documenttype: IPO Research Report This is a fresh issue only. SJP is selling 35,00,000 new equity shares at ₹67 each, raising ₹2,345.00 lakhs in gross proceeds. There is no offer for sale and no selling shareholders, so no existing holder is cashing out and 100% of the money goes into the company. Net of ₹226.36 lakhs in estimated issue expenses (about 9.65% of the issue...

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