Jonjua Overseas

What Jonjua Overseas does

Jonjua Overseas Limited is an India-domiciled, publicly listed company (BSE SME, since 25 February 2019) headquartered in Mohali, operating a diversified platform of wholly-owned subsidiaries spanning four nominal verticals: stressed asset and insolvency resolution under the Insolvency and Bankruptcy Code, 2016 (parent entity); helicopter services and Do Dham Yatra tours via Jonjua Air Limited; aerospace infrastructure via HSJonjua Aeroinfra; and soilless agriculture and vertical farming technology via HSJonjua InnovateAgro. Founded around 1992, the company cites 33 years of experience in stressed asset management and positions insolvency resolution as a core competency, exemplified by the June 2026 Expression of Interest filed for Soni Soya Products Limited (Indore). The corporate website presents the group under a single Jonjua brand and links founder Capt. Harjinder Singh Jonjua, with Maninder Jonjua also listed as founder and director.

The business model is multi-pronged: the parent generates service revenue from outsourcing and IBC-related advisory/resolution work; subsidiaries pursue operational revenue in aviation tourism, aero infrastructure, and agri-tech. Capital is raised through periodic equity actions, including rights issues (2024), preferential allotments (2025), and bonus issues (2021, 2022, 2026), and the firm files quarterly results and SEBI (LODR) compliance disclosures as a BSE SME listed entity. No technology stack, proprietary platform, pricing model, or named customers are disclosed in available sources, and the company reports a headcount of 1–10 employees — a firmographic that conflicts with the implied scale of headline revenue figures in the financial table.

Operationally, the company is active: it files quarterly results (including revised Q4 FY2026), maintains subsidiary-level directors' reports, and is engaged in continuous capital restructuring, with a tradename acquisition completed in July 2025. Key governance events include the resignation of statutory auditor Jain & Associates effective 15 July 2026 (citing non-renewal of Peer Review) and recurring Company Secretary turnover in 2024–2026. The company's stated expansion thesis combines IBC-led distressed-asset acquisitions (Soni Soya Products EOI), branded aviation tourism (Do Dham Yatra), and emerging agri-tech, though no operating performance or customer traction data is available to validate execution.

Name

Jonjua Overseas

Legal name

Jonjua Overseas Limited

Website

https://jonjua.com

Company type

Public

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

Jonjua Overseas Limited is a BSE SME-listed Indian holding company operating in stressed asset resolution under IBC, helicopter services (Jonjua Air), aerospace infrastructure, and soilless agriculture via three wholly-owned subsidiaries. Founded ~1992, based in Mohali.

Ownership category

akta.pro rank

Product category

Diversified Holdings & Aviation Services

NAICS

Other Nonscheduled Air Transportation (481219), Offices of Other Holding Companies (551112)

akta.pro industry

PRIMARYBPAEAMAK

Captive/Global In-House Center (GIC) Setup & Managed Services

Business & Public Services/IT & Digital Services (Managed Services, Systems Integration)/IT Outsourcing & Offshoring Services

Keywords

• Helicopter services
• Stressed asset management
• Insolvency resolution
• Aviation infrastructure
• Vertical farming

Headquarters

HQ city

Mohali

HQ country

India

HQ region

Asia

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Others

Distribution channels1 record

Core offering

Jonjua Overseas Limited is a multi-division Indian holding company operating outsourcing services and stressed asset management under the Insolvency and Bankruptcy Code, 2016, with 33 years of operating history. It owns three wholly-owned subsidiaries: Jonjua Air (helicopter services including Do Dham Yatra pilgrim tours and last-mile connectivity), HSJonjua Aeroinfra (aviation/aerospace infrastructure services), and HSJonjua InnovateAgro (soilless agriculture and vertical farming technology).

Product overview

Jonjua Overseas Limited operates as a multi-division conglomerate with a platform-plus-subsidiaries architecture. The core company (JONJUA OVERSEAS) provides outsourcing services and manages stressed assets, while the portfolio includes four key subsidiaries: JONJUA AIR (helicopter and aviation services including Do Dham Yatra tours), HSJONJUA AEROINFRA (aerospace infrastructure), HSJONJUA INNOVATEAGRO (soilless agriculture and vertical farming technology), and Outsourcing Services. The company, listed on BSE SME since February 2019, leverages 33 years of experience in stressed assets and management expertise under the Insolvency and Bankruptcy Code, 2016.

Differentiator

Problem solved

Functional benefit

Brands

• Jonjua Air: A startup airways offering helicopter tours, Do Dham Yatra, and last mile connectivity services
• HSJonjua Aeroinfra
• HSJonjua InnovateAgro

Products and services

• Outsourcing Services
• Stressed Asset / IBC Insolvency Resolution Services

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Soni Soya Products LimitedcoreStrategic or Co-development Partner · 29 June 2026Jonjua Overseas Limited has filed an Expression of Interest for the insolvency resolution process of Soni Soya Products Limited, a listed company based in Indore. This strategic move aims to expand Jonjua's footprint into Central India, leveraging its 33 years of experience in stressed assets and management's expertise under the Insolvency and Bankruptcy Code, 2016.

Scale indicators1 record

Recent moves9 records

Expansion highlights5 records

Direct peers

• Pawan Hans Limited: Government of India-owned helicopter operator providing charter and connectivity services across India, including religious tourism routes. Directly comparable to Jonjua Air's helicopter-services/Do Dham Yatra offering and the most obvious scale competitor in the segment.
• ARCIL (Asset Reconstruction Company India Limited): India's largest asset reconstruction company focused on resolving stressed assets under the SARFAESI and IBC frameworks. Directly comparable to Jonjua Overseas' stated IBC and stressed-asset resolution business.
• Global Vectra Helicorp Limited: India's largest private helicopter charter operator serving offshore and onshore sectors. Comparable to Jonjua Air in private charter helicopter services within India, sharing the same regulatory and capital-intensity profile.
• Heritage Aviation: Indian private helicopter operator focused on charter, pilgrimage, and aerial work. Closely comparable to Jonjua Air's helicopter services and Do Dham Yatra offerings, competing for the same religious-tourism and charter customer base.
• IFCI Limited: Indian small-cap financial holding/development institution with a long operating history and listed status. Comparable as a long-tenured, listed Indian entity operating across multiple financial and advisory businesses at small scale.

Broad incumbents

• Hindustan Aeronautics Limited: India's largest aerospace and defense manufacturer with a deep aviation portfolio. Relevant as a broad incumbent for HSJonjua Aeroinfra's aerospace-infrastructure ambitions and as a benchmark for aviation-sector capability in India.

Emerging players

• Plenty: US-based vertical-farming company building large-scale indoor agriculture facilities. Relevant emerging peer for HSJonjua InnovateAgro's soilless and vertical-farming technology direction.
• AeroFarms: US-based indoor vertical farming company focused on aeroponics and soilless cultivation. Closely comparable technology thesis to HSJonjua InnovateAgro's soilless/vertical farming subsidiary.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights4 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jonjua Overseas