Jonjua Overseas Ltd Rights Issue (Jonjua Overseas Rights Issue 2024) Detail

₹7.93 Crores | Listing at BSE | Fri, Dec 13, 2024 - Mon, Dec 23, 2024

Jonjua Overseas Ltd Logo

Jonjua Overseas Ltd Rights Issue comprises 0.7925 Cr equity shares aggregating to ₹7.93 Cr, offered at an issue price of ₹10 per share with a face value of ₹10 per share.

The record date for determining eligible shareholder is Nov 29, 2024, with the Rights Issue being offered in the entitlement ratio of 1 : 1.

The term of payment is defined as following : All Money Payable at the time of Application

The Rights Entitlements are expected to be credited to eligible demat accounts on Dec 31, 2024.

The Rights Issue opens on Dec 13, 2024, and closes on Dec 23, 2024, with renunciation of Rights Entitlements permitted up to Dec 17, 2024.

The deemed date of allotment is Dec 31, 2024, following which the equity shares are expected to be credited to demat accounts on Jan 3, 2025 and listed at the BSE on Jan 7, 2025.

Cameo Corporate Services Ltd. is the Registrar to the Issue.

Investors are advised to refer to the Jonjua Overseas Ltd Letter of Offer for detailed information, including risk factors, issue terms, and procedural details.

Record Date

Fri, Nov 29, 2024

Entitlement Ratio

1 : 1

Open Date

Fri, Dec 13, 2024

Close Date

Mon, Dec 23, 2024

Rights Issue Details

Rights Issue Timetable

Jonjua Overseas Ltd Financial Information (Restated Standalone)

Jonjua Overseas Ltd's revenue increased by 22.12% and profit after tax (PAT) rose by 11.37% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 2022
Assets15.6511.00
Revenue3.873.17
Profit After Tax1.171.05
Amount in ₹ Crore

About Jonjua Overseas Ltd

Jonjua Overseas Ltd was incorporated in the state of Punjab on February 16, 1993.

It is a business solutions provider and pursues objectives such as printed books, e-books, unlisted securities trading, offsite legal research and support services, finance and IPO, accounting services and agriculture.

Objects of the Issue:

The company intend to utilize the issue proceeds for the following objects:

  1. Adjustment of Unsecured Loans of Promoter/Promoter Group towards Rights Equity Shares Application Money
  2. General Corporate Purpose.

Rights Issue Review

[Dilip Davda] JOL is engaged in the variety of Businesses which includes Sale of Products (mainly printed books and e-Books), Agriculture, IT and Outsourcing Services that includes Legal and Accounts Outsourcing, and trading of Unlisted Securities to clients. It posted minuscule financial performances for the reported periods with marginal rise in top and bottom lines. Though the RI is at par value, it’s a “High Risk/ Low Return” bet. There is no harm in skipping it despite at par issue. Read detail review...

Rights Issue Subscription Status

Jonjua Overseas Rights Issue 2024 got subscribed by 0.52 times by the end of the bidding period with total bid quantity received by BSE of 41,26,902 shares. Check Day by Day Subscription Details (Live Status)

DateBSE Bid Quantity Subscription Times

Dec 23 2024 17:00:00

41,26,902

0.52x

Company Contact Information

Jonjua Overseas Ltd
HM 228
Phase 2
Sas Nagar, Mohali, 160055
Mohali, Punjab, 160055

Rights Issue Registrar

Cameo Corporate Services Ltd.

Rights Issue FAQs

The Jonjua Overseas Rights Issue 2024 opens on Fri, Dec 13, 2024, and closes on Mon, Dec 23, 2024.

Jonjua Overseas Rights Issue 2024 Schedule

Last Date for credit of Rights EntitlementsThu, Dec 19, 2024
Last Date for renunciation of Rights EntitlementsTue, Dec 17, 2024
Issue Opening DateFri, Dec 13, 2024
Issue Closing DateMon, Dec 23, 2024
Date of Allotment (on or about)Tue, Dec 31, 2024
Date of Credit (on or about)Fri, Jan 3, 2025
Date of Listing (on or about)Tue, Jan 7, 2025
Jonjua Overseas Rights Issue 2024 price is set at ₹10 per share.
The eligible shareholders are being offered 1 Rights Equity Share(s) for every 1 fully paid-up Equity Shares held on Record Date (Fri, Nov 29, 2024).
The record date for the Jonjua Overseas Rights Issue 2024 is Fri, Nov 29, 2024.
The issue size of Jonjua Overseas Rights Issue 2024 is of 79,25,339 equity shares at ₹10 per share aggregating up to ₹7.93 Crores.
The Letter of Offer for Jonjua Overseas Rights Issue 2024 can be downloaded here.

You can apply for Jonjua Overseas Rights Issue 2024 in two ways:

  1. Net Banking (ASBA)
  2. Registrar's Website (R-WAP Facility)

Steps to apply for Jonjua Overseas Rights Issue 2024 using Net Banking (ASBA)

  1. Log in to the net banking account of your bank.
  2. Go to the 'IPO & Rights Issue' section.
  3. Check if the Jonjua Overseas Rights Issue 2024 is available on the list.
  4. Click the Apply button next to the Jonjua Overseas Rights Issue 2024.
  5. Fill and check your information.
  6. Submit the application.

Steps to apply for Jonjua Overseas Rights Issue 2024 using Registrar's website (R-WAP)

  1. Visit registrar's website
  2. Go to the 'Rights Issue' section
  3. Select Jonjua Overseas Rights Issue 2024 from the dropdown.
  4. Enter Demat Account Number.
  5. Fill the online application form.
  6. Validate and submit the application.

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