Jonjua Overseas Rights Issue is scheduled on 13 – 23 December 2024
Jonjua Overseas Limited, established in 1993 and headquartered in Mohali, Punjab, is a diversified company engaged in multiple sectors including selling printed books and eBooks, agriculture, IT and outsourcing services, and trading of unlisted securities. The company specializes in publishing aviation and aviation engineering-related materials, offering both physical books with registered copyrights and ISBNs and eBooks that provide access to technical and legal data.
In the financial sector, Jonjua Overseas trades unlisted shares of private companies, which presents unique investment opportunities despite higher risks associated with lower liquidity and transparency. The company aims to identify growth potential in emerging businesses through strategic investments in these unlisted securities.
Additionally, Jonjua Overseas provides comprehensive legal research and support services to law firms worldwide, including document drafting, legal research, tax return preparation, and the development of legal strategies. Its accounting division offers outsourced services such as bookkeeping, payroll management, inventory accounting, and tax preparation to help businesses manage their financial operations effectively.
In agriculture, the company focuses on producing premium quality seeds with minimal chemical use on its farmland in Punjab, promoting sustainable practices while catering to an exclusive market. Overall, Jonjua Overseas is committed to maintaining integrity and confidentiality in its operations while leveraging its expertise to enhance customer satisfaction and foster growth for both itself and its partners in various industries.
Promoters of Jonjua Overseas – Major Harjinder Singh Jonjua Retd., Mrs. Maninder Kaur Jonjua, Mr. Harmanpreet Singh Jonjua, Mrs. Ranbir Kaur Jonjua, HS Jonjua and Sons HUF
Table of Contents
Jonjua Overseas Rights Issue Details
Jonjua Overseas Rights Issue Date | 13 – 23 December 2024 |
Jonjua Overseas Rights Issue Price | INR 10 per share |
Issue Size (in Shares) | 79,25,339 shares |
Issue Size (in INR) | INR 7.93 crore |
Issue Entitlement | 1 equity shares for every 1 equity shares held on record date |
Terms of Payment | Fully payable at the time of application |
Jonjua Overseas Rights Issue Record Date | 29 November 2024 |
Face Value | INR 10 per share |
Listing On | BSE |
Jonjua Overseas Rights Issue Calculation
Jonjua Overseas Rights Issue Price | INR 10 per share |
Market Price on Rights Issue Approval | INR 11.96 per share |
Dilution Factor (X) | 2 |
Fair Value After Dilution at Prevailing Price | INR 10.98 per share |
Jonjua Overseas Financial Performance
FY 2022 | FY 2023 | FY 2024 | |
Revenue | 3.14 | 3.60 | 3.95 |
Expenses | 1.83 | 2.80 | 2.23 |
Operating Margin (%) | 41.72 | 22.22 | 43.29 |
Net Income | 1.05 | 1.17 | 1.21 |
ROCE (%) | 9.86 | 7.37 | – |
Jonjua Overseas Rights Offer Objectives
The net proceeds from the offer are proposed to be used for
- Adjustment of Unsecured Loans of Promoter/Promoter Group towards Rights Equity Shares Application Money- INR 6 crore
- General Corporate Purpose
Jonjua Overseas Rights Offer Documents
- Jonjua Overseas Rights Issue Application Form
- Jonjua Overseas Letter of Offer
- Board Meeting Outcome
- Rights Issue in 2024
Jonjua Overseas Rights Issue Dates
Rights Issue Approval Date | 21 November 2024 |
Rights Issue Record Date | 29 November 2024 |
Credit of Rights Entitlement | 19 December 2024 |
Rights Issue Opening Date | 13 December 2024 |
Last Date for Market Renunciation | 17 December 2024 |
Rights Issue Closing Date | 23 December 2024 |
Finalization of Basis of Allotment | Coming soon |
Rights Allotment Date | Coming soon |
Credit Date | Coming soon |
Listing Date | Coming soon |
Jonjua Overseas Rights Offer Registrar
CAMEO CORPORATE SERVICES LIMITED
“Subramanian Building”, No. 01, Club House Road,
Mount Road, Chennai – 600 002, Tamil Nadu
Phone: +91-44-40020700
Email: [email protected]
Website: www.cameoindia.com
Jonjua Overseas Contact Details
JONJUA OVERSEAS LIMITED
545, Jubilee Walk Sector 70 Mohali,
Chandigarh Sector 71, Rupnagar,
S.A.S.Nagar (Mohali),
Punjab – 160071, India
Phone: +91 9872172032
Email: [email protected]
Website: www.jonjua.com
Jonjua Overseas Rights Offer FAQs
What is the Jonjua Overseas Rights Issue Price?
The issue price is INR 10 per share.
What is the Jonjua Overseas Rights Issue entitlement ratio?
The eligible shareholders are offered 1 Equity Shares for every 1 Equity Shares held on the record date.
What is the Jonjua Overseas Rights Issue Record Date?
The Record date is 29 November 2024.
How to Apply in Jonjua Overseas Rights Offer?
The best way to apply in Jonjua Overseas Rights Offer is through Internet banking ASBA. You can also apply online through your stock broker using UPI. If you prefer to make paper applications, fill up an application Form form and deposit the same to your broker.