Comparison between Axita Cotton Buyback 2023 and James Warren Tea Buyback 2023.
Axita Cotton Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while James Warren Tea Buyback 2023 is a Tender Offer proposed to list at BSE.
| Axita Cotton Ltd. | James Warren Tea Ltd. | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | |||||||||
| Type of Buyback | Tender Offer | Tender Offer | |||||||||
| Listing At | BSE, NSE | BSE | |||||||||
| Face Value | ₹1 per share | ₹10 per share | |||||||||
| Buyback Price | ₹56 per share | ₹250 per share | |||||||||
| Issue Size | 9,00,000 shares | 7,00,000 shares | |||||||||
| Issue Size (Amount) | ₹5.04 Crores | ₹17.50 Crores | |||||||||
| Buyback Ratio |
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| Registrar | Skyline Financial Services Pvt.Ltd. | Maheshwari Datamatics Pvt.Ltd. | |||||||||
| Lead Managers | Beeline Capital Advisors Pvt.Ltd. | Fedex Securities Pvt.Ltd. | |||||||||
| Necessity of the buyback | The buyback is a capital allocation decision taken by the company. The buyback will help the company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in the longer term, and improving the return on equity. | The buyback will help the company achieve the following objectives:
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Axita Cotton Buyback 2023 and James Warren Tea Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Axita Cotton Buyback 2023 Buyback record date is Jun 02, 2023. James Warren Tea Buyback 2023 Buyback record date is Jul 18, 2023.
| Axita Cotton Ltd. | James Warren Tea Ltd. | |
|---|---|---|
| Record Date | Jun 02, 2023 | Jul 18, 2023 |
| Offer Open Date | Jun 08, 2023 | Jul 24, 2023 |
| Offer Closure Date | Jun 14, 2023 | Jul 28, 2023 |
| Last date for receipt of tender forms | Jun 14, 2023 | Jul 28, 2023 |
| Finalisation of buyback | Jun 21, 2023 | Aug 03, 2023 |
| Last Date for settlment of bids | Jun 21, 2023 | Aug 04, 2023 |
| Last Date for extinguishment of shares | Jul 03, 2023 | Aug 14, 2023 |
Comparison of Axita Cotton Buyback 2023 and James Warren Tea Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Axita Cotton Ltd. | James Warren Tea Ltd. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
