Ajanta Pharma Buyback vs James Warren Tea Buyback

Comparision between Ajanta Pharma Buyback and James Warren Tea Buyback.

Buyback Details

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

Ajanta Pharma Limited

James Warren Tea Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹2550 per share

₹295 per share

Issue Size

11,20,000 shares

8,42,717 shares

Issue Size (Amount)

₹285.60 Crores

₹24.86 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	30 Equity Shares out of every 151 shares held on the record date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 91 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

Link Intime India Private Ltd

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Vivro Financial Services Private Limited

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

Ajanta Pharma 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. Ajanta Pharma Buyback Buyback record date is Jan 14, 2022. James Warren Tea Buyback Buyback record date is Jan 14, 2022.

	Ajanta Pharma Limited	James Warren Tea Limited
Record Date	Jan 14, 2022	Jan 14, 2022
Offer Open Date	Feb 03, 2022	Feb 23, 2022
Offer Closure Date	Feb 16, 2022	Mar 09, 2022
Last date for receipt of tender forms	Feb 16, 2022	Mar 11, 2022
Finalisation of buyback	Feb 24, 2022	Mar 21, 2022
Last Date for settlment of bids	Feb 25, 2022	Mar 21, 2022
Last Date for extinguishment of shares	Mar 04, 2022	Mar 30, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma 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.

Ajanta Pharma Limited

James Warren Tea Limited

Financial

Summary of financial Information Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	30-Sep-21	31-Mar-21	31-Mar-20
Total Income	1,694.96	2,915.67	2,680.06
Profit After Tax	369.69	653.87	467.70
Net Worth	3,358.90	2,995.63	2,598.87
Reserves and Surplus	3,341.51	2,978.24	2,581.33

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	2239.10	2015.80	2136.74
Oct-2021	2366.30	2053.65	2213.24
Sep-2021	2340.00	2112.70	2199.31

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	2239.10	2000.00	2137.44
Oct-2021	2365.80	2053.65	2213.37
Sep-2021	2330.00	2110.00	2201.05

Compare with others

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

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