Green Asia Impex Limited IPO
Open now24–28 Sep 2026
Latest update:
Price band ₹85–₹90 · Closes 28 Sep 2026 · Allotment 29 Sep 2026 (Confirmed) · Lists 1 Oct 2026 (Expected)
What Green Asia Impex Limited does
Green Asia Impex Limited is engaged in the sourcing, processing and export of frozen seafood and agri-commodities, with a focus on frozen shrimps and dried chillies.
Green Asia Impex Limited financials
Rs crore · AnnualLatest year highlighted in green. Sparklines show the trend.
| FY2024 | FY2025 | FY2026 | ||
|---|---|---|---|---|
| Sales | 317 | 338 | 384 | |
| Operating Profit | 17 | 21 | 25 | |
| OPM % | 5.5% | 6.1% | 6.6% | |
| Net Profit | 7 | 10 | 16 | |
| Total Debt | 64 | 75 | 99 |
Green Asia Impex Limited IPO offer structure
Total: ₹60 cr. Fresh issue proceeds go to the company; OFS proceeds go to selling shareholders.
Issue size and split come from a public aggregator rather than the exchange, cross-checked against a second one. The offer document states the offer-for-sale as a share count against a blank amount, so it cannot be read from the document itself.
Use of proceeds- Funding the capital expenditure for setting up the proposed seafood processing facility including purchase and installation of plant, machinery & equipment: ₹40 cr
- General Corporate Purposes
Green Asia Impex Limited promoters and holding
- Pasupuleti Venkata Ramarao: Managing Director
- Pasupuleti Meenakshi: Executive Director
Green Asia Impex Limited strengths and risks
Company-stated strengths and disclosed risk factors from the offer document.
- Export-grade processing facilities compliant with global standards. (p.214)
- We have strong, long-standing relationships with customers both in India and abroad. (p.214)
- Trader-cum-commission agent network supporting procurement. (p.215)
- Diversification across shrimp and chilli businesses with different product cycles. (p.215)
- Cross-functional expertise and operational synergies driving efficiency. (p.216)
- We derive a significant portion of our revenue from exports to China, exposing us to economic, regulatory and geopolitical risks. (p.28)
- We are yet to place orders for the machinery for the proposed seafood processing facility, which may delay implementation. (p.29)
- We operate in an environmentally sensitive industry and are subject to biosecurity risks at shrimp farms and hatcheries. (p.30)
- We derive a significant portion of our revenue from domestic sales in India, exposing us to local market developments. (p.30)
- We do not have a formal hedging policy and face foreign exchange risks that could affect our results of operations. (p.31)
Green Asia Impex Limited peer comparison: DRHP median P/E 17.2x
Live BSE prices| Company | CMP | P/E | OPM% | ROE% | Source |
|---|---|---|---|---|---|
| Apex Frozen Foods Limited | Rs 363 +1.3% | 29.2x | 12.9% | 10.4% | live |
| Kings Infra Ventures Limited | Rs 74.44 -0.6% | 12.4x | 17.3% | 23.3% | live |
| Essex Marine Limited | Rs 49.49 -0.1% | 4.4x | — | — | live |
P/E from offer document where live data unavailable. Not a fair-value judgement.
Green Asia Impex Limited market and competition
The competition landscape within the Indian shrimp industry is shaped by both scale and integration, with major players such as Devi Sea Foods Ltd., Apex Frozen Foods Ltd., Jagadeesh Marine Exports, and Kings Infra Ventures Ltd. Green Asia Impex is tapping into a ₹90,340 crore TAM with a current serviceable obtainable market of 0.38%.
Green Asia Impex Limited outlook, as the document states it
The company's expansion strategy is expected to strengthen its ability to cater to evolving market demand, support revenue growth, and enhance its market presence. The proposed expansion is intended to enable the company to process higher volumes of shrimp, optimise product mix, and improve operational efficiencies.
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Green Asia Impex Limited IPO: common questions
When does the Green Asia Impex Limited IPO open and close?
The Green Asia Impex Limited IPO is open from 24 Sep 2026 to 28 Sep 2026.
What is the Green Asia Impex Limited IPO price band?
The price band is ₹85–₹90 per share.
What is the lot size and minimum investment for the Green Asia Impex Limited IPO?
One lot is 1600 shares, and a retail application must be at least one lot. That is about ₹2,88,000 at the upper end of the band. An HNI application starts above Rs 2 lakh, so the minimum is higher for that category.
When are the Green Asia Impex Limited IPO allotment and listing dates?
Not published yet. Derived from the close date on the usual timetable: allotment around 29 Sep 2026, refund/unblock around 30 Sep 2026 and listing around 1 Oct 2026. Treat these as estimates until the exchange confirms them.
How do I apply for the Green Asia Impex Limited IPO?
Through any broker app or your bank's net banking, using a demat account and a PAN. You bid in lots at a price inside the band, or at cut-off. The money is blocked in your account, not debited, until allotment. One application per PAN. We do not recommend brokers and carry no broker links. How to apply, start to finish →
Sources & method
Subscription and issue data come from the NSE and BSE exchange feeds, with the third-party aggregator, clearly labelled, where an exchange feed is unreachable. DRHP analysis is extracted from the offer document itself, every figure cited to its page. Each figure on the page carries its source and its timestamp.
Grey-market premium (GMP) is unregulated.
Every GMP figure is a self-reported grey-market estimate. No exchange, regulator or clearing body records or audits it, and there is no settlement guarantee or recourse. Shown for context only; never decide on GMP alone. New to GMP? The 30-second explainer → Has GMP actually been right? →
How often do these actually open above the issue price?
Of the 709 SME IPOs that have listed on the NSE since 2016, 561 (79%) opened above their issue price, at a median of +11%. That is the segment's own record, not a forecast for this issue.