Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
|
James Warren Tea is engaged in growing, harvesting, manufacturing, and selling tea products. The company has 6 tea estates situated in diverse locations in the State of Assam: (i) Balijan Tea Estate (ii) Deamoolie Tea Estate (iii) Dhoedaam Tea Estate (iv) Rajah Alli Tea Estate (v) Thowra Tea Estate (vi) Zaloni Tea Estate. The company has around 9,500 employees and the company's tea states cover almost 4000 Hectares of land. The company has strong quality control and supplies to all the major parts in India.
| Issue Period | February 23, 2022 - March 9, 2022 |
| Security Name | James Warren Tea Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 842,717 |
| Issue Size (Amount) | ₹24.86 Crores |
| Buyback Price | ₹295 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
| Record Date | January 14, 2022 |
| Offer Opens On | February 23, 2022 |
| Last Date for receipt of Tender Forms | March 11, 2022 |
| Offer Closes On * | March 9, 2022 |
| Finalisation of Buyback Acceptance | March 21, 2022 |
| Last Date for settlment of bids | March 21, 2022 |
| Last Date for Extinguishment of Shares | March 30, 2022 |
| 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. |
| 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 |
| 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 |
The Buyback aims to :
i)Optimize returns to shareholders
ii)Enhance overall shareholders value; and
iii) Optimizes the capital structure.
4 3.3 Rating:  Vote Here ... |
Sorry, we couldn't find any reviews, please check back later.
James Warren Tea Limited
Dhoedaam Tea Estate,
P.O. Borahapjan, Dist. Tinsukia,
Assam - 786150
Phone: 91-33-40341000
Email: sec@jwtl.in
Website: https://www.jameswarrentea.com/
Maheshwari Datamatics Pvt. Ltd
Maheshwari Datamatics Pvt. Ltd,
6, Mangoe Lane,
2nd Floor, Kolkata-700 001
Phone: 033 22435029 / 22482248
Email: mdpldc@yahoo.com
Website: http://www.mdpl.in
Lead Manager(s)
The James Warren Tea Buyback opens on February 23, 2022, and closes on March 9, 2022.
The James Warren Tea Buyback last day to buy is not available as of now.
The James Warren Tea Buyback is a Tender Offer.
James Warren Tea Buyback Schedule
| Buyback Opening Date | February 23, 2022 |
| Buyback Closing Date | March 9, 2022 |
| Last Date for receipt of Tender Forms | March 11, 2022 |
| Finalisation of Buyback Acceptance | March 21, 2022 |
| Last Date for settlment of bids | March 21, 2022 |
| Last Date for Extinguishment of Shares | March 30, 2022 |
The James Warren Tea Buyback is being offered at Rs ₹295 per share per equity share.
| 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. |
The record date for the James Warren Tea Buyback is January 14, 2022.
The issue size of James Warren Tea Buyback is of 842,717 equity shares at ₹295 per share aggregating upto ₹24.86 Crores.
The Buyback aims to :
i)Optimize returns to shareholders
ii)Enhance overall shareholders value; and
iii) Optimizes the capital structure.
All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.
The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.
The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.
The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.
The James Warren Tea Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|
|
perhaps cmp may be rise before buyback record price. so its totally loss making offer. No logic for buyback for customers