Jonjua Overseas was incorporated on February 16, 1993. The company is engaged in IT-enabled services and js certified service providers to global clients of IT solution and business services which includes startup consultancy, outsourcing services that include import and export consultancy, international project finance and IPO, legal and accounts outsourcing, etc.
| Bidding Dates |
|---|
| 12 Feb 2019 - 15 Feb 2019 |
| Subscription |
|---|
| 0.46x Undersubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹1,00,000 | 1 | 2 | 10000 | 1.3 M | ₹10 | 72.55 % | ₹13.0 M | RHP DOC |
Jonjua Overseas IPO SUBSCRIPTION STATUS
25 Feb '19Jonjua Overseas IPO overall subscription rate was 0.46 times the total available shares
Jonjua Overseas IPO retail subscription rate was 0.1 times in the retail segment
Jonjua Overseas IPO non-institutional investor subscription rate was 0.82 times in the non-institutional investor category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 50% | 50% | - |
13 Feb 2019 (Day 1) | 0.61x | 0.82x | - |
14 Feb 2019 (Day 2) | 0.76x | 0.82x | - |
15 Feb 2019 (Day 3) | 1.32x | 1.02x | - |
25 Feb 2019 (Day 4) | 0.1x | 0.82x | - |
Jonjua Overseas FINANCIALS
| Period | Net Profit (Rs in millions) | Revenue from operations (Rs in millions) | Cash Flow from operations (Rs in millions) | Free Cash flow (Rs in millions) |
| H1FY19 | 0.1 | 4.8 | 2.5 | -13.9 |
| FY18 | 0.3 | 6.3 | -2.4 | -5.9 |
| FY17 | 0.2 | 3.6 | -2.1 | -3.6 |
| FY16 | 0.1 | 3.1 | 0.1 | -1.6 |
| FY15 | 0.0 | 2.4 | 0.9 | 0.3 |
Jonjua Overseas IPO SUBSCRIPTION STATUS DETAILS
Jonjua Overseas had 1.3 M shares on offer
Jonjua Overseas IPO offer price was ₹10
Jonjua Overseas IPO minimum Investment was ₹100000
Jonjua Overseas IPO issue size was ₹ 13.0 M
Jonjua Overseas had a minimum lot size of 10000 Shares per application
Jonjua Overseas NUMBER OF SHARES ON OFFER
Jonjua Overseas IPO IMPORTANT DATES
| Issue Open Date | 12 Feb 2019 |
| Issue close Date | 15 Feb 2019 |
| Allotment Date | 21 Feb 2019 |
| Refund Date | 22 Feb 2019 |
| Demat Account Credit Date | 23 Feb 2019 |
| Listing Date | 25 Feb 2019 |
| Listing on Exchange(s) | BSE |
| Jonjua Overseas Allotment Status | Exchange |
Jonjua Overseas IPO subscription opened on 12 Feb 2019, and closed on 15 Feb 2019
IPO allotment for Jonjua Overseas was finalized on Thursday, 21 Feb 2019
IPO listing for Jonjua Overseas was on BSE on Monday, 25 Feb 2019
Jonjua Overseas IPO LISTING GAINS
| Issue Price (adjusted) | 5.1 |
| Listing Open Price | 12.0 |
| Listing Close Price | 9.4 |
| Listing Gain% | 20.0% |
| Current Gain% | -22.9% |
Jonjua Overseas Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jonjua Overseas Ltd. | 3.9 | 1.8 | 1.3 | 0 | 0.1 | 15.6 | 9.6 | 22 | 236.1 | 8.1 | 228.3 | 3 | -43 |
| Central Mine Planning & Design Institute Ltd. | 246.8 | 17623.7 | 26.8 | 18.8 | 2397.4 | 10.1 | 613.2 | -8.1 | |||||
| Engineers India Ltd. | 248 | 13936.4 | 20.2 | 1 | 3.5 | 22 | 11.8 | 4123.2 | 27 | 691.6 | 19.3 | 12.3 | 19.3 |
| Qualitek Labs Ltd. | 439.9 | 439 | 30.1 | 9.6 | 5.4 | 125 | 76.8 | 14.6 | 131.7 | 14.6 | |||
| Monarch Surveyors and Engineering Consultants Ltd. | 225 | 318.6 | 8.6 | 16.1 | 13.8 | 176.8 | 13.6 | 37.2 | 6.9 | 26.3 | |||
| Likhami Consulting Ltd. | 299 | 297.5 | 934.7 | 96.6 | 374 | 0.7 | 0.7 | 0.8 | 15.9 | 0.2 | 6.4 | 0.3 | 9.7 |
Jonjua Overseas INFORMATION ON IPO ISSUE
About Jonjua Overseas
Jonjua Overseas was incorporated on February 16, 1993. The company is engaged in IT-enabled services and js certified service providers to global clients of IT solution and business services which includes startup consultancy, outsourcing services that include import and export consultancy, international project finance and IPO, legal and accounts outsourcing, etc.
Object of the Issue
- Working capital requirement
- The issue expenses
- General corporate purpose
Jonjua Overseas - PROMOTERS
| Name |
|---|
| Major Harjinder Singh Jonjua |
| Manider Kaur Jonjua |
| Harmanpreet Singh Jonjua |
| Ranbir Kaur Jonjua and |
| H S Jonjua & Sons (HUF) |
Jonjua Overseas Lead Manager
Finshore Management Services Limited
info@finshoregroup.com
Jonjua Overseas Registrar to the Offer
Satellite Corporate Services Private Limited
service@satellitecorporate.com
Jonjua Overseas Strengths
Experienced promoters
The company benefits from the vision, strategic guidance, experience, skills and relationships of promoters and CFO, who have vast experience in this industry.
Established brand
The company is engaged in providing services to clients and over the years has established itself as a reliable brand from Punjab serving the global market
Jonjua Overseas Risks
Significant competition
The company faces significant competition in the industry, which may reduce its market share
Dependent on principal customers
The business is dependent on certain principal customers and the loss of, or a significant reduction in purchases by, such customers could adversely affect business
IPO FAQs
Jonjua Overseas Ltd. IPO listing opened at Rs 12.00 while the issue price was Rs 10.00 giving 20.00% returns. After adjusting for subsequent bonus and splits, the stock trades at Rs 5.06 giving -22.92% gains since its IPO listing.
The promoters of the company are Major Harjinder Singh Jonjua, Manider Kaur Jonjua, Harmanpreet Singh Jonjua, Ranbir Kaur Jonjua and and H S Jonjua & Sons (HUF).
The category allocation of qualified institutional buyers is 0.0%, the category allocation of non individual investors or high networth individuals is 50.0% and for retail investors it is 50.0%.
The price band of the IPO is Rs 10.0 - 10.0.
The IPO application opens on Feb 12, 2019 and closes on Feb 15, 2019.
The minimum lot size for the IPO is 10000. The maximum lot size for the IPO is 20000.
For all category investors, the minimum application amount for this IPO is Rs. 100,000.0, the maximum value for this IPO is Rs 200,000.0.
This IPO will be allotted on Feb 21, 2019.
The refund will be credited to your account on Feb 22, 2019.
The allotted shares will be credited to your demat on Feb 23, 2019.
Jonjua Overseas Ltd.’s shares listed on the stock exchanges on Feb 25, 2019.