Cheviot Company Buyback vs James Warren Tea Buyback

Comparision between Cheviot Company Buyback and James Warren Tea Buyback.

Buyback Details

Cheviot Company Buyback is a Tender Offer buyback proposed to list at BSE while James Warren Tea Buyback is a Tender Offer proposed to list at BSE.

Cheviot Company Limited

James Warren Tea Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

Face Value

₹10 per share

Buyback Price

₹1725 per share

₹295 per share

Issue Size

2,50,000 shares

8,42,717 shares

Issue Size (Amount)

₹43.13 Crores

₹24.86 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 141 shares held on the record date.
General Category for all other Eligible Shareholders	31 Equity Shares out of every 854 shares held on the record date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	103 Equity Shares out of every 602 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	38 Equity Shares out of every 239 fully paid-up Equity Shares held on the Record Date.

Registrar

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Vc Corporate Advisors Pvt Ltd (Vcapl)

Fedex Securities Pvt Ltd

Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

The Buyback aims to :
i)Optimize returns to shareholders
ii)Enhance overall shareholders value; and
iii) Optimizes the capital structure.

Buyback Timetable

Cheviot Company Buyback and James Warren Tea Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Cheviot Company Buyback Buyback record date is Dec 17, 2021. James Warren Tea Buyback Buyback record date is Jan 14, 2022.

	Cheviot Company Limited	James Warren Tea Limited
Record Date	Dec 17, 2021	Jan 14, 2022
Offer Open Date	Jan 10, 2022	Feb 23, 2022
Offer Closure Date	Jan 21, 2022	Mar 09, 2022
Last date for receipt of tender forms	Jan 25, 2022	Mar 11, 2022
Finalisation of buyback	Jan 28, 2022	Mar 21, 2022
Last Date for settlment of bids	Jan 31, 2022	Mar 21, 2022
Last Date for extinguishment of shares	Feb 09, 2022	Mar 30, 2022

Financial Details and Other Relevent Information

Comparison of Cheviot Company Buyback and James Warren Tea Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Cheviot Company Limited

James Warren Tea Limited

Financial

Summary of financial Information Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,705.19	4,413.03	4,677.62	4,166.73
Profit After Tax	476.14	757.23	481.21	501.78
Net Worth	4,398.25	5,014.98	4,659.72	4,451.81
Reserves and Surplus	4,335.55	4,952.27	4,595.01	4,387.11

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,339.76	1,457.94	1,489.75
Profit After Tax	289.60	30.08	40.32
Net Worth	921.27	860.99	1078.92

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	1390.00	1131.00	1224.93
Oct-2021	1305.00	1102.00	1223.67
Sep-2021	1369.95	1250.00	1308.24

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2021	272.75	256.50	261.54
Nov-2021	254.40	198.10	239.96
Oct-2021	214.65	187.80	208.83

Stock price at NSE

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Cheviot Company Limited	James Warren Tea Limited
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TCS Buyback	K.P.R Mill Buyback
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Great Eastern Shipping Buyback	Emami Ltd Buyback
Ajanta Pharma Buyback	TCS Buyback
Weizmann Buyback	Great Eastern Shipping Buyback
MOIL Buyback	Ajanta Pharma Buyback
MPS Buyback	Cheviot Company Buyback
AksharChem India Buyback	Weizmann Buyback
S H Kelkar Buyback	MOIL Buyback

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