Jonjua Overseas Limited IPO: Upcoming IPO Issue in February 2019

Jonjua Overseas Limited IPO: Jonjua Overseas Limited, a Mohali-based company engaged in the business of IT-enabled services, is issuing the IPO (Initial Public Offering) for subscription from 12-February-2019 to 15-February 2019.

Jonjua Overseas Limited IPO

Jonjua Overseas Limited IPO Issue Details 
Issue Type Fixed Price Issue IPO
Issue Open 12-February-2019
Issue Closes 15-February-2019
Face Value Rs 10 per Equity Share
Issue Price Rs 10 per Equity Share
Issue Size 1,300,000 Equity Shares (Rs 1.30 Crores)
Minimum Order 10,000 Shares
Listing BSE SME

(Read: IPO process in India Steps)

Jonjua Overseas Limited IPO: Objects of the Issue

Following are the objects of the IPO issue:-

  1. To meet the working capital requirements of the company.
  2. For the general corporate purpose, and
  3. To meet the expenses of the issue.

(Read: Security Market and Its Structure – Primary Market and Secondary Market)

About Jonjua Overseas Limited

Jonjua Overseas Limited is headquartered in Mohali, Punjab and it was incorporated in the year 1993. This company is engaged in the business of IT-enabled services. They are certified service providers in their domain, The company provides the following types of services:-

  1. Startup Consultancy
  2. Outsourcing Services
  3. Import-Export Consultancy
  4. International Project Finance and IPO
  5. Legal and Accounts Outsourcing
  6. Digital Solutions
  7. Website and Software Development
  8. Cross-Boarder Marketing
  9. Brand Building
  10. Business Plan Service Provider

Please visit the company website for more information about its business. As on 31-May-2018, the total assets of the company is Rs 559.91 Lakhs and the total revenue is 33.27 lakhs.

Promoters: The company has the following promoters:-

  1. Major Harjinder Singh Jonjua (Retd),
  2. Mrs Maninder Kaur Jonjua,
  3. Mr Harmanpreet Singh Jonjua,
  4. Mrs Ranbir Kaur Jonjua, and
  5. H. S. Jonjua & Sons (HUF)

Registered Address: HM228, Phase 2, SAS Nagar, Mohali-160055, Punjab, India.

Corporate Address: SCF 52, 1st Floor, Phase 2, Mohali-160055, Punjab, India.

Lead Manager to the Jonjua Overseas Limited IPO

Finshore Management Services Limited

Jonjua Overseas Limited IPO Registrar

Satellite Corporate Services Private Limited

Please go through this prospectus for more detailed information.

(Read: IPO process in India Steps)

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Disclaimer: This post is just information about the issue. It does not give any advice or recommendation. Investments into securities are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions. 

Tags: #IPO #Stock Market #Jonjua IPO #investments #Upcoming IPO Issue

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