Jonjua Overseas IPO description – Jonjua Overseas is engaged in IT enabled services and is a certified service provider to its global clients of IT Solution & Business Services which includes Startup consultancy, Outsourcing Services that includes 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 its clients. Currently, the company is mainly engaged in Outsourcing Services of overseas clients.
It has its office located in Mohali, Punjab. The company provides a comprehensive range of services to clients in each of its focus industries overseas primarily located in North America and Africa.
Jonjua Overseas promoters – Major Harjinder Singh Jonjua (Retd), Mrs Maninder Kaur Jonjua, Mr Harmanpreet Singh Jonjua, Mrs Ranbir Kaur Jonjua and H S Jonjua & Sons (HUF)
| Jonjua Overseas – Upcoming IPO details | |
| Subscription Dates | 12 – 15 February 2019 |
| IPO Price band | INR10 per share |
| Fresh issue | 1,300,000 shares (INR1.30 crore) |
| Offer for sale | Nil |
| Total IPO size | 1,300,000 shares (INR1.30 crore) |
| Minimum bid (lot size) | 10,000 shares |
| Face Value | INR10 per share |
| Retail Allocation | 50% |
| Listing On | BSE SME platform |
Use of funds
- Working Capital Requirements – INR1.00 crore
- General Corporate Purposes – INR0.10 crore
- Issue Expenses – INR0.20 crore
| Jonjua Overseas’ financial performance (in INR lakh) | ||||||
| FY2014 | FY2015 | FY2016 | FY2017 | FY2018 | ||
| Total revenue | 15.72 | 23.77 | 31.67 | 37.31 | 65.57 | |
| Total expenses | 15.70 | 23.71 | 29.94 | 35.26 | 60.48 | |
| Profit after tax | -0.012 | 0.04 | 1.38 | 2.07 | 3.19 | |
Jonjua Overseas Contact Details
Jonjua Overseas LimitedÂ
SCF 52, 1st Floor
Phase 2
Mohali-160055, Punjab, India
Phone:Â +91 9872172032
Email: [email protected]
Website:Â www.jonjuaoverseas.webs.com
Jonjua Overseas IPO Subscription Details
| Day | Subscription (no. of times) |
| Day 1 | 0.46 |
| Day 2 | 0.68 |
| Day 3 | 0.75 |
| Day 4 | 1.11 |
Jonjua Overseas Valuation (For FY2018)
Earnings Per Share (EPS): INR0.41
Price/Earnings (P/E) ratio: 24.16
Return on Net Worth (RONW): 0.69%
Net Asset Value (NAV): INR33.63 per share
Registrar of Jonjua Overseas IPO
Satellite Corporate Services Pvt Ltd
B-302, Sony Apartment, 90 feet road,
Jarimari, Sakinaka, Mumbai – 400 072
Maharashtra, India
Phone: +91 22 2852 0461
Fax: +91 22 2851 1809
Email:Â [email protected]
Website: www.satellitecorporate.com
Jonjua Overseas IPO Allotment Status
Jonjua Overseas IPO allotment status is now available on Satellite Corporate Services’ website. Click on this link to get allotment status.
Listing performance of Jonjua Overseas
IPO Opening Date: 12 February 2019
IPO Closing Date: 15 February 2019
Listing Date: 25 February 2019
Listing Price on BSE SME: INR12 per share (up 20% from IPO price)
Closing Price on BSE SME: INR11.4 per share (up 14% from IPO price)
Bhai kaisi kaisi companies aa jati hain market mein!!! Stay away
Dear Sir,
The company is one of the best performing SME IPOs of 2019 on BSE SME and NSE Emerge.
Best regards.