Control Print (India) Buyback 2023 vs James Warren Tea Buyback 2023

Comparision between Control Print (India) Buyback 2023 and James Warren Tea Buyback 2023.

Buyback Details

Control Print (India) 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.

Control Print (India) Limited

James Warren Tea Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

Buyback Price

₹800 per share

₹250 per share

Issue Size

3,37,500 shares

7,00,000 shares

Issue Size (Amount)

₹27.00 Crores

₹17.50 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	4 Equity Shares out of every 95 Fully paid-up Equity Shares held on the Record Date.	50,625.00
General Category for all other Eligible Shareholders	1 Equity Shares out of every 53 Fully paid-up Equity Shares held on the Record Date.	286,875.00

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

Bigshare Services Pvt Ltd

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Keynote Financial Services Ltd

Fedex Securities�Pvt Ltd

Necessity of the buyback

The Buy Back is being proposed by the Company to fulfill the following objectives:

The Buyback will help the company to improve financial ratios like EPS and ROE, by reducing the equity base of the company, and thereby enhancing the overall return to shareholders.
The Buyback gives an option to the shareholders holding Equity Shares of the company, either to sell their Equity Shares and receive cash or not to sell their Equity Shares and get a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.
The Buyback, which is being implemented through the tender offer as prescribed under the Buyback Regulations, would involve a minimum reservation of 15% for Small Shareholders and allocation of a higher number of shares as per their entitlement or 15% of the number of shares to be bought back, reserved for the Small Shareholders. The company believes that this reservation for Small Shareholders would benefit a large number of public shareholders, who would get classified as Small Shareholders.

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

Control Print (India) 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. Control Print (India) Buyback 2023 Buyback record date is Aug 18, 2023. James Warren Tea Buyback 2023 Buyback record date is Jul 18, 2023.

	Control Print (India) Limited	James Warren Tea Limited
Record Date	Aug 18, 2023	Jul 18, 2023
Offer Open Date	Aug 24, 2023	Jul 24, 2023
Offer Closure Date	Aug 30, 2023	Jul 28, 2023
Last date for receipt of tender forms	Aug 30, 2023	Jul 28, 2023
Finalisation of buyback	Sep 05, 2023	Aug 03, 2023
Last Date for settlment of bids	Sep 06, 2023	Aug 04, 2023
Last Date for extinguishment of shares	Sep 15, 2023	Aug 14, 2023

Financial Details and Other Relevent Information

Comparison of Control Print (India) 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.

Control Print (India) Limited

James Warren Tea Limited

Financial

Control Print (India) Buyback 2023 Financial Information (Restated Consolidated)
Period Ended	31 Mar 2019	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	251.12	256.36	290.07	323.65	374.03
Revenue	175.43	196.06	204.21	258.49	308.15
Profit After Tax	29.75	26.34	29.05	40.10	52.85
Net Worth
Reserves and Surplus
Total Borrowing

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
Jul-2023	673.35	619.65	650.05
Jun-2023	656.15	610.25	638.47
May-2023	635.20	568.90	598.40

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
Jul-2023	674.00	619.45	650.30
Jun-2023	656.70	609.90	638.95
May-2023	635.35	569.55	598.75

Compare with others

Control Print (India) Limited	James Warren Tea Limited
Siyaram Silk Mills Buyback 2023	Control Print (India) Buyback 2023
Sinclairs Hotels Buyback 2023	Piramal Enterprises Buyback 2023
KRBL Buyback 2023	Larsen & Toubro Buyback 2023
FDC Buyback 2023	Aarti Drugs Buyback 2023
CL Educate Buyback 2023	Indiamart Intermesh Buyback 2023
Piramal Enterprises Buyback 2023	Goldiam International Buyback 2023
Larsen & Toubro Buyback 2023	BSE Buyback July 2023
Aarti Drugs Buyback 2023	Amrutanjan Health Care Buyback 2023
Indiamart Intermesh Buyback 2023	Axita Cotton Buyback 2023
James Warren Tea Buyback 2023	Welspun India Buyback 2023

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