Jonjua Overseas Limited IPO

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(i) They are engaged in IT-enabled services and are certified service providers to the global clients of IT Solution & Business Services which includes Startup consultancy, Outsourcing Services that include Import and Export Consultancy, International Project Finance, and IPO, Legal and Accounts Outsourcing, Digital Solutions includes Website and Software Development and Cross Border Marketing, Brand Building and Business Plan service provider to our clients.

(ii) With the right balance of technical expertise and vast industry knowledge, we
strive to create customer satisfaction considering the nature of work with an innovative approach maintaining integrity and confidentiality of the business. Currently, we are mainly engaged in the Outsourcing Services of overseas clients.

(iii) They have their office, located in Mohali, Punjab.  They provide a comprehensive range of services to clients in each of the focus industries overseas primarily located in North America and Africa.

Services include:

1. Start-ups:
They help business from start-up to IPO and beyond. They facilitate the set up of both the vendor and the marketing network. They assist their clients in bridging the cultural gap between them and their local and overseas clients.

2.Import and Export Consultancy:
We help plan, set up and value add to the import and export operations. They assist in the set up of both the global client and vendor network.

3. International Project Finance and IPO:

4. Outsourcing of Accounts:

5. Website Development and Brand Building.

Jonjua Overseas Limited IPO Stock Quote & Charts

35.95

-9.90%

  • Open: 35.95
  • High - Low: 35.95 - 35.95
  • Previous Close: 39.90
  • Total Traded Volume: 20800
  • Updated On: 10-Dec-2019

Objects of the Jonjua Overseas Limited IPO:

Objective of

Jonjua Overseas Limited IPO

are: Fresh Issue of 1,300,000 Shares at Price of Rs.10 1. To Meet working capital requirement= 100.00 Lakh 2. Public issue expenses= 20.00 Lakh 3. General corporate purpose = 10.00 Lakh

Jonjua Overseas Limited IPO Details:

Open Date: Feb 12 2019
Close Date: Feb 15 2019
Total Shares: 1300000
Face Value: ₹ 10 Per Equity Share
Issue Type: Fixed Price Issue IPO
Lot Size: 10000 Shares
Issue Price: ₹ 10 Per Equity Share
Listing At: BSE SME
Listing Date: Feb 25 2019

Promoters And Management:

1.  Major Harjinder Singh Jonjua, Retd., aged 61 years, is the Promoter of the Company and founder managing director of our Company. He is an alumnus of the prestigious National Defence Academy (Commandant's Silver Medalist) and he is an alumnus of the College of Military Engineering (Silver Grenade). He was decorated in overseas operations (COAS Commendation Card). 2. Mrs. Maninder Kaur Jonjua, aged 56 years, is Founder director and  promoter of our Company. She is Graduate from KMV, Jalandhar. She has an experience of around 25 years in our Companyandapart from taking care of family business, having a keen interest in working with poor people. 3. Mr. Harmanpreet Singh Jonjua, aged 33 years is the professional director and promoter of the company. His education qualification is B. Com (Hons.), CS, LLB, and LLM. He is an alumnus of the prestigious Department of Laws, Panjab University. He has experience of 6 years as a professional director of the company.

Financials of Jonjua Overseas Limited IPO:

Year Revenue(Lakh) Expense(Lakh) PAT(Lakh) Shares(Lakh) EPS
2014 15.72 15.7 -0.01165 2 -0.00583
2015 23.77 23.7 0.04499 2 0.022495
2016 31.67 29.94 1.37 18.25 0.075068
2017 37.31 35.26 2.05 57.6 0.03559
2018 65.57 60.47 3.18 139.57 0.022784
 

Recommendation on Jonjua Overseas Limited IPO:

Review and Recommendation of Jonjua Overseas Limited IPO from IZ is: 1/10

Lead Manager of Jonjua Overseas Limited IPO:

  1. Finshore Management Services Limited

Registrar of Jonjua Overseas Limited IPO:

  1. Satellite Corporate Services Private Limited

Bid Details of Jonjua Overseas Limited IPO as on
15 Feb 2019 | 11:58:03 PM

Category No.of shares offered No. of shares bid
615,000 620,000
615,000 820,000
70,000 70,000
1,300,000 1,510,000
QIBs No
QIBs+HNIs Subscription 1.01X
Retail Subscription 1.33X
Total Subscription 1.17X

Discussion on Jonjua Overseas Limited IPO:

1 Comment

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