James Warren Tea Buyback vs Weizmann Buyback

Comparision between James Warren Tea Buyback and Weizmann Buyback.

Buyback Details

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

James Warren Tea Limited

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹295 per share

₹60 per share

Issue Size

8,42,717 shares

14,12,515 shares

Issue Size (Amount)

₹24.86 Crores

₹8.48 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	35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders	43 Equity Shares out of every 557 shares held on the record date.

Registrar

Maheshwari Datamatics Pvt. Ltd

Bigshare Services Pvt Ltd

Lead Managers

Fedex Securities Pvt Ltd

Keynote Financial Services Ltd

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) 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).

Buyback Timetable

James Warren Tea Buyback and Weizmann 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. Weizmann Buyback Buyback record date is Dec 10, 2021.

	James Warren Tea Limited	Weizmann Limited
Record Date	Jan 14, 2022	Dec 10, 2021
Offer Open Date	Feb 23, 2022	Jan 13, 2022
Offer Closure Date	Mar 09, 2022	Jan 27, 2022
Last date for receipt of tender forms	Mar 11, 2022	Jan 27, 2022
Finalisation of buyback	Mar 21, 2022	Feb 04, 2022
Last Date for settlment of bids	Mar 21, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Mar 30, 2022	Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of James Warren Tea Buyback and Weizmann 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

Weizmann 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 Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	464.21	982.82	964.82	1,066.67
Profit After Tax	-0.89	49.22	43.20	85.69

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	55.70	50.50	52.86
Oct-2021	65.00	45.75	54.26
Sep-2021	51.65	46.00	47.95

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	55.50	50.60	52.90
Oct-2021	64.40	46.10	54.10
Sep-2021	50.85	45.40	47.89

Compare with others

James Warren Tea Limited	Weizmann Limited
FDC Buyback	TCS Buyback
K.P.R Mill Buyback	James Warren Tea Buyback
Mayur Uniquoters Buyback	Great Eastern Shipping Buyback
Emami Ltd Buyback	Ajanta Pharma Buyback
TCS Buyback	Cheviot Company 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	Nucleus Software Buyback

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