James Warren Tea Ltd Buyback Review 2020

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Started with the first tea plantation in India in 1850 by James Warren, James Warren Tea Ltd is renowned for having the best quality of plants. The company was acquired by Indian origin-British citizen Govind Ruia in 1983 to produce CTC and Orthodox teas which are enjoyed in India and across the globe. The company employee manpower of more than 9,500 people and its estates are spread over 4,000 hectares of land which are located in the high-quality belt of the South Bank in Upper Assam.

James Warren Tea Ltd Buyback 2020 Latest Update

Sept 14, 2020: James Warren Tea Ltd (BSE: 538564 | NSE: Not Listed) board has approved a proposal for the repurchase of up to 17.40 Lakh (Seventeen Lakh Forty Thousand) shares at ₹114 (One Hundred and Fourteen) per share, aggregating ₹19.836 Cr (Nineteen Crore Eighty-Three Lakh Sixty Thousand) (Buyback Offer Size) that is 24.93% of total paid equity share capital.

James Warren Tea Ltd Buyback Offer Details

      »»   Total Share Capital: Rs 79.21
      »»   Face Value: 10 Per Equity Share
      »»   Buyback Offer Amount: Rs 19.836 Cr
      »»   Buyback Offer Size (In %): 24.93%
      »»   Buyback Number of Shares: 17.40 Lakhs
      »»   Buyback Price: Rs 114
      »»   Promoters and Promoter Group participation: Yes
      »»   Buyback type: Tender Offer
      »»   Can I Invest today to participate in James Warren Tea Ltd buyback offer? : No

James Warren Tea Ltd Buyback Important Dates

In this section we have covered all important dates related to James Warren Tea Ltd Buyback. Dates are updated as they are announced. The most noted dates are record date and buyback open and close dates, which one should use to participate in buyback.

    James Warren Tea Ltd buyback offer important dates
    Buyback Activity Date
    Board Meeting for Buyback proposal 25th Jul 2020
    Buyback Approval date 25th Jul 2020
    Public Announcement of Buyback 14th Sep 2020
    Record Date 18th Sep 2020
    Buyback opens on/Buyback Opening Date Not Yet Announced
    Buyback closes on/Buyback Closing Date Not Yet Announced
    Cut-off date to receive completed tender forms by Registrar Not Yet Announced
    Cut-off date for verification by the Registrar Not Yet Announced
    Cut-off date to inform Stock Exchange on acceptance or non-acceptance
    of tendered Equity Shares by Registrar
    Not Yet Announced
    Last date of settlement of bids on the stock exchange Not Yet Announced
    Last date to return unaccepted shares by Registrar Not Yet Announced
    Last date of extinguishment of Equity Shares Not Yet Announced

James Warren Tea Ltd Share Holding Pattern as of March 2020

Stock Holding table gives a clear picture on retail investor holdings of James Warren Tea Ltd shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.

    Holding Type In %
    Promoter-Foreign 74.96%
    Promoter-Indian 0.0%
    Non-Promoter-Institutions 8.94%
    Non-Promoter-Non-Institutions 16.1%

James Warren Tea Ltd Public Announcement >>Document

James Warren Tea Ltd Draft Letter of Offer >>Document

Buyback Calculator - Check your Profit/Loss and Breakeven point for left out shares.

Current and Upcoming Buybacks Key dates

The table below will give you a complete dashboard view for all open buyback offer in current market.

Current and Upcoming Buybacks Key dates
Company NameBuyback TypeOffer AmountBuyback PriceCMPRecord DateBuyback Open DateBuyback End Date
James Warren Tea LtdTender OfferRs 19.836 Cr114111.00 (0.00%)18-09-2020TBDTBD
Cheviot Company LtdTender OfferRs 18 Cr900702.45 (-4.43%)18-09-202022-10-202005-11-2020
Dhanuka Agritech LtdTender OfferRs 100 Cr1,000735.80 (3.09%)28-09-202020-10-202002-11-2020
RITES LtdTender OfferRs 257 Cr265239.40 (0.19%)30-09-202027-10-202010-11-2020
Magna Electro Castings LtdTender Offer7 Cr175159.85 (2.17%)01-10-202027-10-202010-11-2020
KIOCL LimitedTender Offer155.92 Cr110113.00 (4.63%)30-10-2020TBDTBD
TCSTender OfferRs 16000 Cr30002664.85 (1.18%)TBDTBDTBD
Wipro LtdTender OfferRs 9500 Cr400340.65 (0.92%)TBDTBDTBD

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Detail Article on Benefit from buyback offer >> Read

James Warren Tea Ltd Buyback Important dates - Record Date,Buyback Start and End date. Buyback Details - Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit. What is the record date for James Warren Tea Ltd? How can I apply in James Warren Tea Ltd Buyback offer?

Company Contact Information

JAMES WARREN TEA LIMITED
Aspirations Vintage
12 Pretoria Street
Kolkata, 700071
Tel. No.: +91-0334034-1000
E-mail: [email protected]
www.jameswarrentea.com

Registrar Contact Information

Maheshwari Datamatics Private Limited
23, R N Mukherjee Road,
5th Floor,
Kolkata, 700 013 India
Tel: +91-033-2248-2248
E-mail: [email protected]
Contact Person: Mr.S. Rajgopal
Request call back from

Last Updated on 2020-09-15T04:42:38+00:00


Buyback FAQs

  1. 1. What is the record date for James Warren Tea Ltd buyback offer?

    The Record Date for James Warren Tea Ltd Buyback offer is 18th Sep 2020

    Which means you should hold the James Warren Tea Ltd share in your demat account by closing session of 18th Sep 2020. Share purchased on and before (18th Sep 2020) - 2 business days will be available in your demat account by 18th Sep 2020.

     

     

  2. 2. How much I can make with James Warren Tea Ltd buyback offer?

    Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have James Warren Tea Ltd shares at ₹112 and buyback offer price is ₹114, you can get ₹2 per accepted share. If you hold 1786 shares of James Warren Tea Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 589 to 893 shares with the gain from buyback of ₹1178 to ₹1786.

    The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.

    James Warren Tea Ltd Buyback Profit Calculation

    % Share AcceptedNo of Shared AcceptedGain from Buyback Offer
    33%589₹1178
    50%893₹1786
    75%1340₹2680
    100%1786₹3572

     

     

  3. 3. How to Participate in James Warren Tea Ltd buyback offer?

    Steps to participate in James Warren Tea Ltd buyback:

    1. On Record date (18th Sep 2020) you must have share of James Warren Tea Ltd in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
    2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
    3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

     

     

  4. 4. How many James Warren Tea Ltd share are eligible for buyback?

    Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

     

     

  5. 5. When I need to tender James Warren Tea Ltd share for buyback?

    Buyback opening date for James Warren Tea Ltd: Not Yet Announced

    Buyback closing date for James Warren Tea Ltd: Not Yet Announced

    This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by Not Yet Announced.

     

     

  6. 6. When I will know how much shares accepted in James Warren Tea Ltd buyback offer?

    As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before Not Yet Announced.

     

     

  7. 7. How and when will I get money for accepted shares of James Warren Tea Ltd buyback?

    Money will be directly deposited in your registered bank account with broker. Usually money will be deposited on and after Not Yet Announced, which is last date of settlement of bids on the Stock Exchange.

    In case of physical share holding, you will get a cheque.

     

     

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