Debt-Free SME Stock Unveils Bonus Issue, 5:40 Bonus Shares To Be Allotted; Buy The Scrip Trading Under Rs 10?

Jonjua Overseas, which was listed and traded on the BSE SME on February 25, 2019, has announced that the company's board of directors considered and approved 5:40 bonus shares at its meeting today, December 18, 2025. This means that for every 40 equity shares you currently own, the company will issue 5 more shares at no cost.

According to ticker.finology.in, Jonjua Overseas has had a strong revenue growth of 15.01% over the last three years and is almost debt-free. The shares of Jonjua Overseas were locked in a lower circuit limit at Rs 7.98 per share on Thursday, December 18, with a 5% decline from the previous close. The company's market capitalization was Rs 19.35 Cr.

The stock is trading well below its 52-week high of Rs 12.38 reached on July 15, 2025, at the current market price of Rs 7.98. This represents a drop of around 35.5% from the peak level. Nonetheless, the stock has had a slight rebound of around 19.8% from its 52-week low of Rs 6.66 reached on December 12, 2025, suggesting that some buying interest in the stock has emerged at lower levels.

Jonjua Overseas Bonus Shares

Jonjua Overseas Limited informed the exchanges about the outcome of its Board Meeting held on December 18, 2025, where the Board approved the issuance of bonus equity shares in the ratio of 5:40 subject to necessary regulatory and shareholder approvals through an Extra Ordinary General Meeting (EGM).

The company plans to issue 30,30,844 equity shares as a part of a bonus issue, raising the paid-up share capital from Rs 24.24 crore to Rs 27.27 crore. The bonus issue would be made from free reserves. Based on unaudited financials as of September 30, 2025, disclosures show that the corporation has free reserves of Rs 514.70 lakh, comprising securities premium of Rs 58.06 lakh and retained earnings of Rs 456.64 lakh, with capitalization of Rs 3.03 crore for the bonus issue.

The estimated date by which the above-discussed bonus shares will be issued to the eligible shareholders is within 2 months from the date of board approval 18-12-2025 or (18-02-2026).

The EGM has been scheduled for January 13, 2026, where the bonus share proposal will be approved.

Jonjua Overseas Target Price

"Jonjua Overseas stock price is bearish on the Daily charts with strong resistance at 8.4. A Daily close below support of 7.7 could lead to a target of 7 in the near term," commented A R Ramachandran, part-time SEBI-registered Research Analyst, Tips2trades.

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