James Warren Tea Limited is engaged in the cultivation, manufacture, and sale of tea.
James Warren, the founder of the company, planted his first tea estate near Dibrugarh in 1850. Properties have been added subsequently and Warren Tea Limited was acquired by Govind Ruia, a prominent businessman from Manchester (UK) in 1983. The company now has demerged 7 estates into James Warren Tea Limited.
James Warren Tea has over 9,500 employees. The company’s tea estates are all located in the high-quality belt of the South Bank in Upper Assam and are spread over 4,000 hectares of land.
James Warren Tea Ltd Stock Quote & Charts
₹240.00
-3.00 (-1.23%)
- Open: ₹243.00
- High – Low: ₹243.00 – ₹238.10
- Previous Close: ₹243.00
- Total Traded Value: 247
- Updated On: Aug 14, 2023 4:00 PM
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IPO Performance Tracker
James Warren Tea Buyback 2023 Detail
| Issue Period | Jul 24, 2023 – Jul 28, 2023 |
| Security Name | James Warren Tea Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 700,000.00 |
| Issue Size (Amount) | ₹17.50 Crores |
| Buyback Price | ₹250 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
James Warren Tea Buyback 2023 Issue Timetable
| Last Date to buy shares | Jul 17, 2023 |
| Record Date | Jul 18, 2023 |
| Offer Opens On | Jul 24, 2023 |
| Last Date for receipt of Tender Forms | Jul 28, 2023 |
| Offer Closes On * | Jul 28, 2023 |
| Finalisation of Buyback Acceptance | Aug 3, 2023 |
| Last Date for settlment of bids | Aug 4, 2023 |
| Last Date for Extinguishment of Shares | Aug 14, 2023 |
* Last Date to Tender shares on Zerodha : Jul 27, 2023
Buyback Ratio
| 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 |
Company Financials
| 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 (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 |
Necessity of the Issue
The buyback will help the company achieve the following objectives:
- Optimize returns to shareholders,
- Enhance overall shareholders’ value, and
- Optimize the capital structure.
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Company Contact Information
James Warren Tea Limited
12, Pretoria Street,
Kolkata – 700071
Phone: +91-33-40341000
Email: sec@jwtl.in
Website: https://www.jameswarrentea.com/