Green Asia Impex IPO
CLOSEDSMEGREENASIAListing Today
Lists today
Issue Price
₹89
Listing Price
Updates after the market opens
- Price Band
- ₹84 – ₹89
- Lot Size
- 1,600
- Lot Value
- ₹1,42,400
- Open Date
- 24 Sep24 Sep 2026
- Close Date
- 01 Oct01 Oct 2026
- Min Investment
- ₹1,42,400
Green Asia Impex — Stock Performance
About Green Asia Impex
Green Asia Impex operates as an integrated processor and exporter of frozen seafood and agricultural commodities, catering primarily to business-to-business customers, including importers, distributors, and food processing companies in domestic and international markets. The company operates in two main business segments: shrimps and dried chillies. In the shrimp segment, the company sources raw shrimps from local aquaculture farmers and traders, processes them through grading, peeling, deveining, and freezing, and supplies processed frozen shrimp products. In the dried chillies segment, the company procures chillies from agricultural market committee traders and carries out processing activities such as cleaning, grading, and sorting before distribution. Revenue is generated through direct domestic sales within India as well as exports to overseas markets including China, Kuwait, the United States, Malaysia, and the United Kingdom. The company utilizes processing facilities situated in Andhra Pradesh to manage its production operations across both product categories.
Use of IPO Proceeds
Total allocation: ₹40.03 Cr (excludes issue expenses)
Promoters
Pasupuleti Venkata Ramarao
Managing Director · age 52
Pre-issue: 48.98%
Pasupuleti Meenakshi
Executive Director · age 42
Pre-issue: 43.04%
Investment Analysis
Quick Analysis: 5 strengths · 5 risk factors· Exchange: NSE SME
Strengths (5)
- •Integrated processor and exporter of frozen seafood and agricultural commodities.
- •Established customer relationships and presence in key international markets.
- •Strategically located processing facilities in Andhra Pradesh with a strong sourcing network.
- •Consistent financial growth with improving operating margins over recent fiscal years.
- •Experienced promoter group and management team with deep domain expertise.
Risk Factors (5)
- •Significant revenue concentration from export sales to customers located in China.
- •Dependence on a limited number of large customers for a major portion of revenues.
- •Operations rely heavily on external borrowings to meet working capital requirements.
- •Absence of long-term supply contracts for raw material procurement of shrimp and chillies.
- •Exposure to biosecurity risks, disease outbreaks, and strict international quality standards.
Investor Quota
Approx. shares reserved per category
Estimated from total issue size; actual reserved lots are set in the RHP.
Application Lot Sizes
Retail caps at ₹2,00,000 (1 lots here). S-HNI is ₹2L–₹10L, B-HNI is above ₹10L.
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 1,600 | ₹1,42,400 |
| Retail (max) | 1 | 1,600 | ₹1,42,400 |
| S-HNI (min) | 2 | 3,200 | ₹2,84,800 |
| S-HNI (max) | 7 | 11,200 | ₹9,96,800 |
| B-HNI (min) | 8 | 12,800 | ₹11,39,200 |
Subscription Status
| Category | Day 1 | Day 2 | Day 3 |
|---|---|---|---|
| QIB | — | — | — |
| sNII (S-HNI) | — | — | — |
| bNII (B-HNI) | — | — | — |
| Retail | — | — | — |
| Total | — | — | — |
Colour: red <1x · amber 1–10x · green ≥10x oversubscribed.
Allotment Statistics
Allotment probability is estimated based on subscription data and is not guaranteed. Actual allotment depends on the registrar's process.
Basis of Allotment
Category-wise subscription & allotment ratio
Weigh your chances
IPO Timeline
Issue Opens
24 Sep 2026 · Thu
Issue Closes
28 Sep 2026 · Mon
UPI Deadline
28 Sep 2026 · Mon
Allotment
29 Sep 2026 · Tue
Refund
30 Sep 2026 · Wed
Share Credit
30 Sep 2026 · Wed
Listing
01 Oct 2026 · Thu
Issue Opens
24 Sep 2026 · Thu
Issue Closes
28 Sep 2026 · Mon
UPI Deadline
28 Sep 2026 · Mon
Allotment
29 Sep 2026 · Tue
Refund
30 Sep 2026 · Wed
Share Credit
30 Sep 2026 · Wed
Listing
01 Oct 2026 · Thu
IPO Details
| Registrar | Bigshare Services Private Limited |
| Exchange | NSE SME |
| ISIN | — |
| Face Value | ₹10 |
| Issue Size | ₹60.10 Cr |
| Fresh Issue | ₹53.10 Cr |
| OFS Size | ₹7.00 Cr |
| Lead Managers | INDORIENT FINANCIAL SERVICES LIMITED |
3-Year Financial Summary
Revenue trend
↑ FY24→FY26
| Fiscal Year | Revenue (₹Cr) | PAT (₹Cr) | EPS | P/E | ROE |
|---|---|---|---|---|---|
| FY26 | 383.8 | 15.61 | 10.10 | 8.91 | 37.68% |
| FY25 | 337.62 | 10.35 | 6.70 | 13.44 | 40.10% |
| FY24 | 317.39 | 6.66 | 4.31 | 20.89 | 43.07% |
Detailed Line Items (₹ Cr)
| Line Item | FY24 | FY25 | FY26 |
|---|---|---|---|
| EBITDA | 17.35 | 20.74 | 25.23 |
| Net Worth | 15.46 | 25.81 | 41.43 |
| Total Borrowings | 63.73 | 74.92 | 99.47 |
From the company's offer document (DRHP/RHP); restated figures where available.
Valuation at Issue Price
Issue P/E
8.9x
Price ÷ EPS
EPS (FY26)
₹10
Earnings per share
RoNW
37.68%
Return on net worth
ROCE
17.91%
as reported in filing
EBITDA margin
6.6%
EBITDA ÷ revenue
Price/NAV
—
NAV not in abridged DRHP
Check the valuation yourself
Company Fundamentals
13 sections extracted from this filingCapital Structure
| Authorised Capital | — |
| Issued Capital | — |
| Paid-up Capital | — |
| Equity Shares (Pre-Issue) | 1,54,58,945 |
| Equity Shares (Post-Issue) | — |
Source: Green Asia Impex offer document (DRHP/RHP).
Shareholding Pattern
Pre-Issue
Pre-Issue not disclosed in this filing.Not separately disclosed in Green Asia Impex's filing.
Post-Issue
Post-Issue not disclosed in this filing.Not separately disclosed in Green Asia Impex's filing.
Source: Green Asia Impex offer document (DRHP/RHP).
Reservations & OFS
Investor Reservation
- QIB+30.00%
- NII / HNI+35.00%
- Retail+35.00%
OFS Selling Shareholders
- Pasupuleti Venkata Ramarao₹3.70 Cr
- Pasupuleti Meenakshi₹3.30 Cr
Source: Green Asia Impex offer document (DRHP/RHP).
Board & Management
Board of Directors (6)
- Pasupuleti Venkata Ramarao₹0.04 Cr p.a.
Managing Director
- Pasupuleti Meenakshi₹0.02 Cr p.a.
Executive Director
- Itakula Madhu Babu₹0.15 Cr p.a.
Non-Executive Director
- Marisetti Raghava Rao₹0.15 Cr p.a.
Independent Director
- Prabhakar Rao Sanka₹0.15 Cr p.a.
Independent Director
- Lokesh Kanja₹0.15 Cr p.a.
Independent Director
Bachelor of Commerce from the Mohanlal Sukhadia University, Udaipur; Company Secretary from the Institute of Company Secretary of India
over 5 years of experience in the field of secretarial compliance and legal
Key Managerial Personnel (3)
- Ganta Aswani Raju
Company Secretary and Compliance Officer
- Siva Nageswara Rao Gummadilli
Chief Financial Officer
- Tadi Kalyan Ram
Human Resources Manager
Source: Green Asia Impex offer document (DRHP/RHP).
Industry & Market
Per KEN Research Report, a report commissioned by the company (not independent).
Peer Comparison
| Company | P/E | EPS | RoNW % | NAV |
|---|---|---|---|---|
| Green Asia Impex Limited | — | 10.56 | 46.43 | 22.74 |
| Apex Frozen Foods Limited | 29.16 | 12.43 | 7.6 | 168.96 |
| Kings Infra Ventures Limited | 17.21 | 6.59 | 20.37 | 35.47 |
| Essex Marine Limited | 4.4 | 4.63 | 22.85 | 26.25 |
Material Litigation
| Type | Against | Matters | Amount (₹Cr) |
|---|---|---|---|
| Tax | Company | 1 | 7.887 |
Claims against the Company not acknowledged as debts
Registrar (RTA)
SEBI-registered Registrar & Transfer Agent — handles allotment and refunds.
Registrar:Bigshare Services Private Limited→Lead Managers (BRLMs)
Click any merchant banker for their full IPO track record (positive listing rate, average gain, IPOs managed).
Documents
Frequently Asked Questions
When is the Green Asia Impex IPO opening?
The Green Asia Impex IPO opens on 24 Sep 2026 and closes on 01 Oct 2026. Check this page for the latest updates as we refresh every 30 minutes.
What is the price band of the Green Asia Impex IPO?
The price band for the Green Asia Impex IPO is ₹84 to ₹89. The final price is announced after the book-building process and is confirmed before listing.
What is the lot size and minimum investment for the Green Asia Impex IPO?
The minimum lot size is 1600 shares with a minimum investment of ₹1,42,400. Retail investors can apply for up to the retail limit defined by SEBI.
What is the GMP of Green Asia Impex IPO today?
The latest Grey Market Premium for Green Asia Impex is ₹0 (+0.00%). GMP is unofficial data and is not a guarantee of listing price.
When will the Green Asia Impex IPO list on NSE and BSE?
The Green Asia Impex IPO is expected to list on 07 Oct 2026 on NSE SME. Actual listing day trading begins at the start of the normal market session.
How can I check the Green Asia Impex IPO allotment status?
The registrar for this IPO is Bigshare Services Private Limited. You can check your allotment status on the registrar's portal using your PAN, application number, or DP ID. We link to the registrar directly on our allotment page after the allotment date.
Is the Green Asia Impex IPO a mainboard or SME issue?
Green Asia Impex is a SME IPO that will list on the NSE Emerge or BSE SME platform. SME IPOs require a minimum application value of one lakh rupees.
How do I apply for the Green Asia Impex IPO?
You can apply for the Green Asia Impex IPO through any SEBI-registered broker such as Zerodha, Upstox, or Angel One using UPI or ASBA while the issue is open for bidding.
What is the GMP-implied price of Green Asia Impex IPO?
The GMP-implied price (unofficial, not a forecast) is ₹89: the upper price band of ₹89 plus the latest grey market premium of ₹0, as of 06 Oct 2026, 05:03 PM IST. GMP is unofficial grey market data, and the actual listing price can differ from it.
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