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Green Asia Impex IPO

₹2,88,000/1600 shares

Minimum Investment

IPO Details

Open Date

24 Sep 26

Close Date

28 Sep 26

Minimum Investment

2,88,000

Lot Size

1600

Price Range

85 to ₹90

Listing Exchange

NSE

Issue Size

60.10 Cr

Listing Date

01 Sep 26

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Green Asia Impex IPO Timeline

Bidding Start

24 Sep 26

Bidding Ends

28 Sep 26

Allotment Finalisation

29 Sep 26

Refund Initiation

30 Sep 26

Demat Transfer

30 Sep 26

Listing

01 Oct 26

About Green Asia Impex Limited

Incorporated in 2014, Green Asia Impex Limited specialises in sourcing, processing, manufacturing and exporting frozen shrimps and dried chillies. The company serves B2B customers, including importers, distributors and food processors, across domestic and international markets. Its shrimp portfolio includes Vannamei, Black Tiger and freshwater varieties, while its chilli business covers varieties such as Teja, Guntur Sannam and Bydagi. The company operates a semi-automated shrimp processing facility in Unguturu, Andhra Pradesh, with block freezing capacity of 7,200 MTPA and IQF capacity of 3,600 MTPA. It is also developing a new facility at Chennayagudem to add approximately 16,200 MTPA capacity.

Green Asia Impex Limited IPO Overview

Green Asia Impex Limited IPO is a bookbuilding issue of ₹60.10 crore comprising a fresh issue of 59,00,000 shares aggregating up to ₹53.10 crore and an offer for sale of 7,77,777 shares aggregating up to ₹7 crore. The IPO will open for subscription on 24 September 2026 and close on 28 September 2026. Allotment is expected to be finalised on 29 September, while refunds and credit of shares to demat accounts are scheduled for 30 September. The tentative listing date is 1 October 2026 on NSE SME. The price band is ₹85 to ₹90 per share and the lot size is 1,600 shares. Retail investors must apply for two lots, representing 3,200 shares and ₹2,88,000 at the upper price band. S-HNI investors require three lots, or 4,800 shares, amounting to ₹4,32,000. Indorient Financial Services Ltd. is the book running lead manager, Bigshare Services Pvt. Ltd. is the registrar and Steel City Securities Ltd. is the market maker.

Green Asia Impex Limited IPO Details

Particulars Details
IPO Date 24 September 2026 to 28 September 2026
Listing Date 1 October 2026
Face Value ₹10 per share
Issue Price Band ₹85 to ₹90 per share
Lot Size 1,600 Shares
Total Issue Size 66,77,777 shares (aggregating up to ₹60.10 Cr)
Fresh Issue 59,00,000 shares (aggregating up to ₹53.10 Cr)
Offer for Sale 7,77,777 shares (aggregating up to ₹7 Cr)
Issue Type Bookbuilding IPO
Listing At NSE SME
Share Holding Pre Issue 1,54,58,945 shares
Share Holding Post Issue 2,13,58,945 shares
Market Maker Portion Not specified in the supplied IPO details

Green Asia Impex Limited IPO Reservation

Investor Category Shares Offered
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

Green Asia Impex Limited IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 3,200 ₹2,88,000
Retail (Max) 2 3,200 ₹2,88,000
S-HNI (Min) 3 4,800 ₹4,32,000
S-HNI (Max) 6 9,600 ₹8,64,000
B-HNI (Min) 7 11,200 ₹10,08,000

Green Asia Impex Limited IPO Promoter Holding

Shareholding Status Percentage
Pre-Issue 94.65%
Post-Issue 64.87%

Green Asia Impex Limited IPO Valuation Overview

KPI Value
Earnings Per Share (EPS) ₹7.31
Price/Earnings (P/E) Ratio 12.31x
Return on Net Worth (RoNW) 46.43%
Net Asset Value (NAV) ₹22.74
Return on Equity 50.16%
Return on Capital Employed (ROCE) 20.62%
EBITDA Margin 6.14%
PAT Margin 3.07%
Debt to Equity Ratio 2.90

Objectives of the Proceeds

  • Seafood processing facility: ₹40.03 crore will fund capital expenditure for the proposed facility, including plant, machinery and equipment.
  • General corporate purposes: Remaining issue proceeds will support general corporate requirements and other permitted business activities.

Key Financials (in ₹ crore)

Particulars 31 Mar 2026 31 Mar 2025 31 Mar 2024
Assets 254.88 177.95 118.10
Revenue / Total Income 388.63 339.65 318.15
Profit After Tax 15.61 10.35 6.66
Reserves and Surplus 26.64 20.89 10.53
Total Borrowings 99.47 74.92 63.73

Green Asia Impex Limited

IPO 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

Peer Group Comparison

Company Name EPS (Basic) EPS (Diluted) NAV (₹) P/E (x) RoNW (%) P/BV Ratio
Green Asia Impex Ltd. 10.56 10.56 22.74 46.43
Peer Group
Apex Frozen Foods Ltd. 12.43 12.43 168.96 29.16 7.60 2.15
Kings Infra Ventures Ltd. 6.59 6.59 35.47 17.21 20.37 3.23
Essex Marine Ltd. 4.63 4.63 26.25 4.40 22.85 0.77

SWOT Analysis of Green Asia Impex IPO

Strength and Opportunities

  • Diversified operations across frozen shrimp processing and dried chilli trading reduce dependence on a single product.
  • Existing shrimp facility provides established processing infrastructure and export capabilities.
  • Long-standing relationships with domestic and international customers support business continuity.
  • Proposed Chennayagudem facility could substantially expand processing capacity.
  • Export-grade facilities and in-house quality assurance support food-safety compliance.
  • Dual-product operations provide opportunities to balance different agricultural and seafood cycles.
  • Growing global demand for processed seafood offers potential for export expansion.

Risks and Threats

  • High debt levels are reflected in the reported debt-to-equity ratio of 2.90.
  • Seafood and agricultural commodity businesses remain exposed to raw-material price fluctuations.
  • Shrimp processing is subject to seasonal harvesting cycles and supply availability.
  • Export operations can be affected by changes in international demand, trade rules and market conditions.
  • The company operates in competitive seafood and agricultural commodity markets.
  • Currency movements and international market volatility can affect export realisations and margins.
  • Expansion requires significant capital expenditure and execution of the proposed new facility.

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  1. 1Login to your HDFC SKY Account
  2. 2Select Issue
  3. 3Enter Number of Lots and your Price.
  4. 4Enter UPI ID
  5. 5Complete Transaction on Your UPI App

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