Jonjua Overseas Rights Issue Date, Price, Allotment, Entitlement

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Jonjua Overseas Rights Issue

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.

Jonjua Overseas Rights Issue entitlement ratio

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


Jonjua Overseas Rights Issue Details

Jonjua Overseas Rights Issue Date13 – 23 December 2024
Jonjua Overseas Rights Issue PriceINR 10 per share
Issue Size (in Shares)79,25,339 shares
Issue Size (in INR)INR 7.93 crore
Issue Entitlement1 equity shares for every 1 equity shares held on record date
Terms of PaymentFully payable at the time of application
Jonjua Overseas Rights Issue Record Date29 November 2024
Face ValueINR 10 per share
Listing OnBSE

Jonjua Overseas Rights Issue Calculation

Jonjua Overseas Rights Issue PriceINR 10 per share
Market Price on Rights Issue ApprovalINR 11.96 per share
Dilution Factor (X)2
Fair Value After Dilution at Prevailing PriceINR 10.98 per share

Jonjua Overseas Financial Performance

 FY 2022FY 2023FY 2024
Revenue3.143.603.95
Expenses1.832.802.23
Operating Margin (%)41.7222.2243.29
Net Income1.051.171.21
ROCE (%)9.867.37
Figures in INR Crores unless specified otherwise

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 Dates

Rights Issue Approval Date21 November 2024
Rights Issue Record Date29 November 2024
Credit of Rights Entitlement12 December 2024
Rights Issue Opening Date13 December 2024
Last Date for Market Renunciation17 December 2024
Rights Issue Closing Date23 December 2024
Finalization of Basis of Allotment31 December 2024
Rights Allotment Date31 December 2024
Credit Date 3 January 2024
Listing Date7 January 2024

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.

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