
Services · BSE
Incorporated in 1993, Punjab-based Jonjua Overseas Limited provides IT-enabled services to global clients, specializing in startup consultancy, outsourcing services (including import-export consultancy, international project finance, IPO, legal and accounts outsourcing), and digital solutions such as website and software development, cross-border marketing, brand building, and business planning. The company has achieved notable milestones, including being selected as a loan originator under a private sector alliance to support SMEs expanding into emerging markets by the Overseas Private Investment Corporation (OPIC), obtaining EDN/ATA funding approval for Accelerators Africa Limited in Ghana, and signing an MOU with Mehr Chand Mahajan DAV College for Women, Chandigarh, to bridge the gap between education and industry.
Price Band
₹10
Issue Size
₹1.00 Cr
Lot Size
10000 shares
GMP
Est. Listing
₹10
at current GMP
Subscribed
—
Open
12 Feb 2019
Close
15 Feb 2019
Allotment
21 Feb 2019
Refund
22 Feb 2019
Demat Credit
23 Feb 2019
Listing
25 Feb 2019
Designated Registrar: Satellite Corporate Services Private Limited
Allotment Date
21 Feb 2019
Basis finalization
Refunds Initiate
22 Feb 2019
Mandate release
Demat Credit
23 Feb 2019
Shares in demat
Listing Debut
25 Feb 2019
Trading begins
Jonjua Overseas Limited is bringing an initial public offering (IPO) in the Services sector with an aggregate issue size of ₹1 Crores. The shares are offered at a price band of ₹10 to ₹10 per equity share on BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 10000 shares (approx. ₹1,00,000 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Satellite Corporate Services Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2019-02-23, while un-allotted funds or UPI block mandates will be released on 2019-02-22.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.