James Warren Tea Buyback vs MOIL Buyback

Comparision between James Warren Tea Buyback and MOIL Buyback.

Buyback Details

James Warren Tea Buyback is a Tender Offer buyback proposed to list at BSE while MOIL Buyback is a Tender Offer proposed to list at BSE, NSE.

James Warren Tea Limited

MOIL Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹295 per share

₹205 per share

Issue Size

8,42,717 shares

3,38,42,668 shares

Issue Size (Amount)

₹24.86 Crores

₹693.77 Crores

Buyback Ratio

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.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	123 Equity Shares out of every 625 shares held on the record date.
General Category for all other Eligible Shareholders	99 Equity Shares out of every 728 shares held on the record date.

Registrar

Maheshwari Datamatics Pvt. Ltd

Bigshare Services Pvt Ltd

Lead Managers

Fedex Securities Pvt Ltd

Idbi Capital Market Services Limited

Necessity of the buyback

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

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

James Warren Tea Buyback and MOIL Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. James Warren Tea Buyback Buyback record date is Jan 14, 2022. MOIL Buyback Buyback record date is Dec 31, 2021.

	James Warren Tea Limited	MOIL Limited
Record Date	Jan 14, 2022	Dec 31, 2021
Offer Open Date	Feb 23, 2022	Jan 28, 2022
Offer Closure Date	Mar 09, 2022	Feb 10, 2022
Last date for receipt of tender forms	Mar 11, 2022	Feb 12, 2022
Finalisation of buyback	Mar 21, 2022	Feb 18, 2022
Last Date for settlment of bids	Mar 21, 2022	Feb 21, 2022
Last Date for extinguishment of shares	Mar 30, 2022	Feb 28, 2022

Financial Details and Other Relevent Information

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

James Warren Tea Limited

MOIL Limited

Financial

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

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	12,798.5	12,191.8	16,314.8
Profit After Tax	1,766.3	2,482.2	4,739.0
Reserves & Surplus	25,825.7	2,5260.6	28,251.0
Net Worth	28,199.0	27,633.9	30,827.1

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	156.35	170.92
Oct-2021	174.55	154.70	164.37
Sep-2021	181.30	156.25	165.23

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	157.15	170.96
Oct-2021	174.70	154.50	164.36
Sep-2021	181.50	156.15	165.22

Compare with others

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

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