Amrutanjan Health Care Buyback 2023 vs James Warren Tea Buyback 2023

Comparision between Amrutanjan Health Care Buyback 2023 and James Warren Tea Buyback 2023.

Buyback Details

Amrutanjan Health Care 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.

Amrutanjan Health Care Limited

James Warren Tea Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹900 per share

₹250 per share

Issue Size

3,20,000 shares

7,00,000 shares

Issue Size (Amount)

₹28.80 Crores

₹17.50 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.	53,652.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.	266,348.00

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	7 Equity Shares out of every 44 Fully paid-up Equity Shares held on the Record Date.	115,215.00
General Category for all other Eligible Shareholders	7 Equity Shares out of every 44 Fully paid-up Equity Shares held on the Record Date.	584,785.00

Registrar

Cameo Corporate Services Limited

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Saffron Capital Advisors Private Limited

Fedex Securities Pvt Ltd

Necessity of the buyback

The proposed Buy-back will help the Company achieve the following objectives:

Improve the valuation of the Company and fair valuation of the share price
Enhancing the overall return to shareholders in the long run
Creating long term value for shareholders
Improving the fundamental ratios of the Company
Exit option to shareholders, particularly small shareholders, at a premium over market price.

The buyback will help the company achieve the following objectives:

Optimize returns to shareholders,
Enhance overall shareholders' value, and
Optimize the capital structure.

Buyback Timetable

Amrutanjan Health Care 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. Amrutanjan Health Care Buyback 2023 Buyback record date is Jul 13, 2023. James Warren Tea Buyback 2023 Buyback record date is Jul 18, 2023.

	Amrutanjan Health Care Limited	James Warren Tea Limited
Record Date	Jul 13, 2023	Jul 18, 2023
Offer Open Date	Jul 19, 2023	Jul 24, 2023
Offer Closure Date	Jul 25, 2023	Jul 28, 2023
Last date for receipt of tender forms		Jul 28, 2023
Finalisation of buyback		Aug 03, 2023
Last Date for settlment of bids		Aug 04, 2023
Last Date for extinguishment of shares		Aug 14, 2023

Financial Details and Other Relevent Information

Comparison of Amrutanjan Health Care 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.

Amrutanjan Health Care Limited

James Warren Tea Limited

Financial

Amrutanjan Health Care Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-19	187.61	260.36	24.51
31-Mar-20	205.35	269.80	25.08
31-Mar-21	274.27	344.16	61.19
31-Mar-22	349.87	421.22	67.19
31-Mar-23	362.09	394.18	39.83
Amount in ₹ Crore

James Warren Teo Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-18	153.18	121.10	-2.53	94.97
31-Mar-19	167.56	148.98	4.03	98.59
31-Mar-20	138.69	145.79	3.01	79.12
31-Mar-21	145.71	133.98	28.96	86.88
31-Mar-22	130.79	116.44	8.25	67.54
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2023	737.50	588.65	622.82
May-2023	608.05	582.55	599.85
Apr-2023	623.85	593.90	607.21

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2023	242.80	240.70	241.78
Jun-2023	246.30	239.05	242.89
May-2023	288.85	238.25	267.82

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2023	738.25	586.95	622.18
May-2023	608.25	583.60	599.70
Apr-2023	624.00	593.15	607.00

Compare with others

Amrutanjan Health Care Limited	James Warren Tea Limited
Aarti Drugs Buyback 2023	Control Print (India) Buyback 2023
Indiamart Intermesh Buyback 2023	Piramal Enterprises Buyback 2023
James Warren Tea Buyback 2023	Larsen & Toubro Buyback 2023
Goldiam International Buyback 2023	Aarti Drugs Buyback 2023
BSE Buyback July 2023	Indiamart Intermesh Buyback 2023
Axita Cotton Buyback 2023	Goldiam International Buyback 2023
Welspun India Buyback 2023	BSE Buyback July 2023
Wipro Buyback 2023	Amrutanjan Health Care Buyback 2023
Ashiana Housing Buyback 2023	Axita Cotton Buyback 2023
Emami Limited Buyback 2023	Welspun India Buyback 2023

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