Photometric observations in V and I bands and low-dispersion spectra of 10 ultrashort-period binaries (NSVS 2175434, NSVS 2607629, NSVS 5038135, NSVS 8040227, NSVS 9747584, NSVS 4876238, ASAS 071829-0336.7, SWASP 074658.62+224448.5, NSVS 2729229, NSVS 10632802) are presented. One of them, NSVS 2729229, is newly discovered target. The results from modelling and analysis of our observations revealed that (i) eight targets have overcontact configurations with considerable fill-out factor (up to 0.5), while NSVS 4876238 and ASAS 0718-03 have almost contact configurations; (ii) NSVS 4876238 is rare ultrashort-period binary of detached type; (iii) all stellar components are late dwarfs; (iv) the temperature difference of the components of each target does not exceed 400 K; (v) NSVS 2175434 and SWASP 074658.62 + 224448.5 exhibit total eclipses and their parameters could be assumed as well determined; (v) NSVS 2729229 shows emission in the Hα line. Masses, radii, and luminosities of the stellar components were estimated by the empirical relation ‘period, orbital axis’ for short- and ultrashort-period binaries. We found linear relations mass–luminosity and mass–radius for the stellar components of our targets.