IPO Issue Details
Issue Price / Price Band₹10 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size10,000 Shares per Lot
Total Issue Size13,00,000 shares (aggregating up to ₹1.30 Cr)
Issue TypeFixed Price IPO
Sale Type / CategoryFresh Capital
Exchange / PlatformBSE SME
IPO TypeSME
Subscription OpenTue, 12 Feb 2019
Subscription CloseFri, 15 Feb 2019
Anchor AllotmentMon, 11 Feb 2019
Basis of AllotmentThu, 21 Feb 2019
Initiation of RefundsFri, 22 Feb 2019
Credit of Shares to DematFri, 22 Feb 2019
Listing DateMon, 25 Feb 2019
UPI Mandate Deadline2019-02-15
Application & Investment Details
Retail — Min (1 Lots)₹1,00,000 — 10,000 shares
Retail — Max (13 Lots)₹1,300,000 (13 Lots)
HNI — Min (3 Lots)₹3,00,000 — 30,000 shares
Net Offer to Public12,30,000 shares (aggregating up to ₹1.23 Cr)
Reserved for Market Maker70,000 shares (aggregating up to ₹0.0700 Cr)
Pre-IPO Promoter Holding34,36,253 shares
Post-IPO Promoter Holding47,36,253 shares
About Jonjua Overseas Ltd.
Incorporated in 1993, Punjab based Jonjua Overseas Limited is a company engaged in IT-enabled services. The company is a certified service provider to global clients of IT Solution & Business Services. The services include Startup consultancy, Outsourcing Services that include 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.Major Achievements of the Company-1. Selected as a loan originator for a new alliance with the private sector designed to support small and medium-sized enterprises (SMEs) expanding into emerging markets overseas by The Overseas Private Investment Corporation (OPIC).2. Submitted the proposal of Accelerators Africa Limited based in Accra, Ghana, West Africa for EDN / ATA funding (www.ednaccess.com) which was approved.3. Signed MOU with Department of Office Management and Secretarial Practice of Mehr Chand Mahajan DAV College for Women, Chandigarh to bridge the gap between Education and Industry.The company has 9 full-time employees on its payroll.
Objects of the Issue
Jonjua Overseas Ltd. proposes to utilise the net proceeds from the Issue for the following objects:
1
1 To Meet working capital requirement
1.00
2
2 Public issue expenses
0.20
3
3 General corporate purpose
0.10
Shareholding & Lock-in
Pre-IPO Promoter Holding
34,36,253 shares
Post-IPO Promoter Holding
47,36,253 shares