Jonjua Overseas IPO: GMP, Price, Issue size & Dates

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Jonjua Overseas IPO is all about to make its debut on 12 Feb 2019 with issue size of INR 1.30 cr

Jonjua Overseas Ltd, situated in Punjab, was established in 1993 and provides IT-enabled services. The business offers IT Solution & Business Services to clients across the globe as a certified service provider. Startup consulting, outsourcing services such as import and export consulting, international project finance and IPO, legal and accounting outsourcing, digital solutions such as website and software development and cross-border marketing, brand building, and business plan service providers are among the available services.

INDUSTRY OVERVIEW

In 2018, the world economy is predicted to remain weak, but there may be some encouraging signals of development in nations like the US, India, Brazil, and Russia. However, it is anticipated that this growth will only last a short while, with an average annual growth rate of 3% predicted for the following five years. Uneven growth will occur, with East Asia, Sub-Saharan Africa, and South Asia showing the highest levels of dynamism. Latin America is anticipated to underperform in comparison to other emerging markets, and developed market regions will continue to see slow development. The global growth prediction has been revised upward overall as a result of robust trade, investment, and industrial production together with rising consumer and corporate confidence.

A greater growth prognosis for China has also led to an increase in the forecast for emerging and developing economies. The US economy is anticipated to grow substantially over potential due to favourable financial circumstances and high levels of consumer and corporate confidence; nevertheless, the prediction has been lowered lower due to uncertainties surrounding policy. A longer-term estimate of potential growth for the US is 1.8%, which takes into account sluggish growth in total factor productivity and reduced workforce growth because of population ageing.

Jonjua Overseas IPO Details

IPO DateFeb 12, 2019 to Feb 15, 2019
Listing DateFeb 25, 2019
Face Value₹10 per share
Price₹10 per share
Lot Size10000 Shares
Total Issue Size1,300,000 shares(aggregating up to ₹1.30 Cr)
Issue TypeFixed Price Issue IPO
Listing AtBSE SME
Earthstahl & Alloys IPO: GMP, Size, Issue Price

Company Financials

ParticularsFor the year/period ended (in Rs. Lakhs)
31-May-1831-Mar-1831-Mar-1731-Mar-1631-Mar-1531-Mar-14
Total Assets559.91472.94381.25331.579.154.68
Total Revenue32.2765.5737.3131.6723.7715.72
Profit After Tax1.253.182.061.370.044(0.011)

Objects of the Issue

The purpose of the issue is to:

1.Working capital needs 

2.Issue costs and other costs are listed first.

3. The company mission

Jonjua Overseas IPO Prospectus

Company Contact Information

Jonjua Overseas Limited
HM228,
Phase 2,
SAS Nagar, Mohali-160055,
Phone: +91 9872172032
Email: contactus@jonjua.com
Websitehttp://www.jonjuaoverseas.webs.com/

Jonjua Overseas IPO Registrar

Satellite Corporate Services Private Limited

Phone: +91-22- 28520461/462
Email: service@satellitecorporate.com
Websitehttp://www.satellitecorporate.com

Jonjua Overseas IPO Lead Manager(s)

  1. Finshore Management Services Limited (Past IPO Performance)

Lead Manager Reports

  • IPO Lead Manager Performance Summary
  • IPO Lead Manager Performance Tracker

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