Goldiam International Buyback 2023 vs James Warren Tea Buyback 2023

Comparision between Goldiam International Buyback 2023 and James Warren Tea Buyback 2023.

Buyback Details

Goldiam International Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while James Warren Tea Buyback 2023 is a Tender Offer proposed to list at BSE.

Goldiam International 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

₹150 per share

₹250 per share

Issue Size

21,79,493 shares

7,00,000 shares

Issue Size (Amount)

₹32.69 Crores

₹17.50 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	17 Equity Shares out of every 584 Fully paid-up Equity Shares held on the Record Date.	326,924.00
General Category for all other Eligible Shareholders	5 Equity Shares out of every 264 Fully paid-up Equity Shares held on the Record Date.	1,852,569.00

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	7 Equity Shares out of every 44 Fully paid-up Equity Shares held on the Record Date.	115,215.00
General Category for all other Eligible Shareholders	7 Equity Shares out of every 44 Fully paid-up Equity Shares held on the Record Date.	584,785.00

Registrar

Link Intime India Private Ltd

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Keynote Financial Services Ltd

Fedex Securities�Pvt Ltd

Necessity of the buyback

The Buyback is undertaken for the following reasons:

The Company believes that the strong future and outlook of its business activities is not accurately reflected in the prevailing market price, thereby giving an opportunity for Buyback to create long-term value for its shareholders.
The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company; thereby, enhancing the overall return to shareholders.
The Buyback gives the Eligible equity shareholders the choice to either (A) participate in the Buyback and receive cash in lieu of Equity Shares accepted under the Buyback or (B) not to participate in the Buyback and enjoy a resultant increase in their percentage shareholding in the Company post the Buyback, without additional investment.

The buyback will help the company achieve the following objectives:

Optimize returns to shareholders,
Enhance overall shareholders' value, and
Optimize the capital structure.

Buyback Timetable

Goldiam International Buyback 2023 and James Warren Tea Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Goldiam International Buyback 2023 Buyback record date is Jul 21, 2023. James Warren Tea Buyback 2023 Buyback record date is Jul 18, 2023.

	Goldiam International Limited	James Warren Tea Limited
Record Date	Jul 21, 2023	Jul 18, 2023
Offer Open Date	Jul 27, 2023	Jul 24, 2023
Offer Closure Date	Aug 02, 2023	Jul 28, 2023
Last date for receipt of tender forms	Aug 02, 2023	Jul 28, 2023
Finalisation of buyback	Aug 08, 2023	Aug 03, 2023
Last Date for settlment of bids	Aug 09, 2023	Aug 04, 2023
Last Date for extinguishment of shares	Aug 22, 2023	Aug 14, 2023

Financial Details and Other Relevent Information

Comparison of Goldiam International Buyback 2023 and James Warren Tea Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Goldiam International Limited

James Warren Tea Limited

Financial

Goldiam International Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-21	613.96	413.22	67.11
31-Mar-22	632.47	712.39	105.96
Amount in ₹ Crore

James Warren Teo Limited Financial Information (Restated Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Reserves and Surplus
31-Mar-18	153.18	121.10	-2.53	94.97
31-Mar-19	167.56	148.98	4.03	98.59
31-Mar-20	138.69	145.79	3.01	79.12
31-Mar-21	145.71	133.98	28.96	86.88
31-Mar-22	130.79	116.44	8.25	67.54
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2023	135.10	128.70	131.27
May-2023	151.00	131.25	141.24
Apr-2023	149.40	131.35	139.30

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2023	242.80	240.70	241.78
Jun-2023	246.30	239.05	242.89
May-2023	288.85	238.25	267.82

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2023	135.05	128.70	131.24
May-2023	151.05	131.05	141.22
Apr-2023	148.10	131.25	139.21

Compare with others

Goldiam International Limited	James Warren Tea Limited
Piramal Enterprises Buyback 2023	Control Print (India) Buyback 2023
Larsen & Toubro Buyback 2023	Piramal Enterprises Buyback 2023
Aarti Drugs Buyback 2023	Larsen & Toubro Buyback 2023
Indiamart Intermesh Buyback 2023	Aarti Drugs Buyback 2023
James Warren Tea Buyback 2023	Indiamart Intermesh Buyback 2023
BSE Buyback July 2023	Goldiam International Buyback 2023
Amrutanjan Health Care Buyback 2023	BSE Buyback July 2023
Axita Cotton Buyback 2023	Amrutanjan Health Care Buyback 2023
Welspun India Buyback 2023	Axita Cotton Buyback 2023
Wipro Buyback 2023	Welspun India Buyback 2023

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