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IPO Open

Thu, Sep 24, 2026

IPO Close

Mon, Sep 28, 2026

Price Band

₹85 to ₹90

Market Cap*

₹192.23 Cr * on Upper Price

IPO Details

  • IPO Date
    24 to 28 Sep, 2026
  • Listing Date
    Thu, Oct 1, 2026
  • Face Value
    ₹10 per share
  • Price Band
    ₹85 to ₹90
  • Lot Size
    1,600 Shares
  • Sale Type
    Fresh capital only
  • Issue Type
    Bookbuilding IPO
  • Listing At
    NSE SME
  • Total Issue Size
    66,77,777 shares (agg. up to ₹60 Cr)
  • Fresh Issue
    59,00,000 shares (agg. up to ₹53 Cr)
  • Offer for Sale
    7,77,777 shares of ₹10 (agg. up to ₹7 Cr)
  • Share Holding Pre Issue
    1,54,58,945 shares
  • Share Holding Post Issue
    2,13,58,945 shares

    IPO Timetable (Tentative)

  • IPO Open
    Thu, Sep 24, 2026
  • Allotment
    Tue, Sep 29, 2026
  • Credit of Shares
    Wed, Sep 30, 2026
  • IPO Close
    Mon, Sep 28, 2026
  • Refund
    Wed, Sep 30, 2026
  • Listing
    Thu, Oct 1, 2026

Issue Reservation

Investor Category Shares
QIB Not more than 30% of the Net Offer
Retail Not less than 35% of the Net Offer.
NII Not less than 35% of the Net Offer

IPO Lot Size

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.

Application Lots Shares Amount
Individual investors (IND) (Min) 2 3200 ₹2,88,000
Individual investors (IND) (Max) 2 3200 ₹2,88,000
S-HNI (Min) 3 4800 ₹4,32,000
S-HNI (Max) 6 9600 ₹8,64,000
B-HNI (Min) 7 11200 ₹10,08,000

About Green Asia Impex Ltd.

Incorporated in 2014, Green Asia Impex Limited specialises in sourcing, processing, manufacturing, and exporting frozen shrimps and dried chillies. The company processes and exports frozen seafood and agri-commodities, mainly frozen shrimps and dried chillies. It supplies B2B customers, including importers, distributors, and food processors, domestically and internationally.

Product Portfolio:

  • Shrimps: They are engaged in the sourcing, processing, and export of shrimps catering to both domestic and international markets.
  • Dried chillies: They are engaged in the sourcing, processing and export of dried chillies catering to both domestic and international markets

The Company operates in both shrimp processing and chilli trading segments, offering a diversified agri-export portfolio. In shrimp, it processes and exports Vannamei, Black Tiger, and freshwater varieties in formats such as HOSO, HLSO, and PD. In chillies, it trades and exports key Indian varieties including Teja, Guntur Sannam, and Bydagi, catering to domestic and international demand based on heat and colour profiles.

With shrimp harvesting spanning February to October and chilli harvests concentrated between January and April, the dual-product strategy helps balance seasonality and ensures more consistent operations.

The Company currently runs a semi-automated shrimp processing facility in Unguturu, Andhra Pradesh (1,838.76 sqm), with installed capacities of 7,200 MTPA (block freezing) and 3,600 MTPA (IQF). To scale operations, it plans a new facility at Chennayagudem (4,955.69 sqm), adding ~16,200 MTPA capacity, significantly boosting processing capability and supporting export-led growth.

As of August 31, 2026, the workforce comprised 136 permanent employees.

Competitive Strengths:

  • Export-grade processing facilities compliant with global standards
  • We have strong, long-standing relationships with customers both in India and abroad
  • Trader-cum-commission agent network supporting procurement
  • Diversification across shrimp and chilli businesses with different product cycles
  • Cross-functional expertise and operational synergies driving efficiency
  • In-house Quality Assurance and Control Team Ensuring Compliance

Company Financials (Restated Consolidated)

Green Asia Impex Ltd.’s revenue increased by 14% and profit after tax (PAT) rose by 51% between the financial year ending with March 31, 2026 and March 31, 2025.

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 254.88 177.95 118.10
Total Income 388.63 339.65 318.15
Profit After Tax 15.61 10.35 6.66
EBITDA 25.23 20.74 17.35
NET Worth 24.13 25.81 15.46
Reserves and Surplus 26.64 20.89 10.53
Total Borrowing 99.47 74.92 63.73

Recently Listed IPOs in Other Agricultural Products

Company Issue Type Issue Size Issue Price PE Ratio Listing Day Close Listing Gain/Loss % LTP
Farm Peace Ltd. SME ₹32.00 Cr ₹59 11.87 ₹106.50 +80.51% ₹86.77
Dhanwel Hybrid Seeds Ltd. SME ₹26.73 Cr ₹99 10.37 ₹94.05 -5.00% ₹48.40
Adon Agro Commodities Ltd. SME ₹44.03 Cr ₹70 16.22 ₹82.16 +17.37% ₹101.00

IPO Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:

  • # Issue Objects
    Est Amt (₹ Cr.)
  • 1 Funding the capital expenditure for setting up the proposed seafood processing facility including purchase and installation of plant, machinery & equipment
    40.03
  • 2 General Corporate Purposes
  • Total
    40.03

Key Performance Indicator (KPI)

KPI Mar 31, 2025
ROE 50.16%
ROCE 20.62%
Debt/Equity 2.90
RoNW 50.16 %
PAT Margin 3.07%
EBITDA Margin 6.14%
NAV 13.96
Price to Book Value 6.45

IPO Valuation

Valuation Metric Pre IPO Post IPO
EPS (₹) 10.10 7.31
P/E (x) 8.91 12.31
Market Cap at Offer Price ₹139.13 Cr. ₹192.23 Cr
  • The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
  • The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP.
  • The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP.

Shareholding Structure

Category Pre IPO Post IPO
Promoter and Promoter Group 94.65% 64.87%
Public 5.35% 35.13%
Total 100% 100%

Company Promoters: Pasupuleti Venkata Ramarao and Pasupuleti Meenakshi.

Offer For Sale – Selling Shareholders

Name Category Estimated Amount (₹ cr.)
Pasupuleti Venkata Ramarao Promoter 3.70
Pasupuleti Meenakshi Promoter 3.30
Total 7.00

*Estimated Amount (₹ cr.) shown until the actual number of shares offered in OFS is entered.

Green Asia Impex IPO Recommendations

Review By Subscribe May Apply Neutral Avoid
Brokers 0 0 0 0
Members 0 0 0 0

IPO Registrar

Bigshare Services Pvt.Ltd.

  • 8657578989/8069219065/8069219060
  • ipo@bigshareonline.com
  • Visit Website

IPO Lead Manager(s)

  1. Indorient Financial Services Ltd.

Lead Manager Reports

  • Lead Manager Performance Summary
  • Lead Manager Performance Tracker

Contact Details

Green Asia Impex Ltd. Address
RS.No. 677/2A1, Unguturu(V) &(M)
Eluru District
Vunguturu
West Godavari, Andhra Pradesh, 554411

IPO FAQs

Green Asia Impex IPO is a SME IPO of 66,77,777 equity shares of the face value of ₹10 aggregating up to ₹60 Crores. The issue is priced at ₹85 to ₹90. The minimum order quantity is 1600.

The IPO opens on Thu, Sep 24, 2026, and closes on Mon, Sep 28, 2026.

Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

Angel One customers can apply online in Green Asia Impex IPO using UPI as a payment gateway. Angel One customers can apply in Green Asia Impex IPO by login into Angel One Console (back office) and submitting an IPO application form.

Steps to apply in Green Asia Impex IPO through Angel One

Visit the Angel One website and login to Console.
Go to Portfolio and click the IPOs link.
Go to the ‘Green Asia Impex IPO’ row and click the ‘Bid’ button.
Enter your UPI ID, Quantity, and Price.
Submit IPO application form.
Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Angel One IPO Application Process Review for more detail.

The Green Asia Impex IPO opens on Thu, Sep 24, 2026 and closes on Mon, Sep 28, 2026.

Green Asia Impex IPO lot size is 1600, and the minimum amount required for application is ₹2,88,000, with 2 lots being the minimum application size.

You can apply in Green Asia Impex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Angel One, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.

The finalization of Basis of Allotment for Green Asia Impex IPO will be done on Tuesday, September 29, 2026, and the allotted shares will be credited to your demat account by Wed, Sep 30, 2026. Check the Green Asia Impex IPO allotment status.

The Green Asia Impex IPO listing date is not yet announced. The tentative date of listing is Thu, Oct 1, 2026.

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