Green Asia Impex IPO

Name: Green Asia Impex IPO
Brand: Green Asia Impex
Availability: Discontinued

Listed SME

Min Investment

₹2,88,000

3200 Shares

Min Investment

₹2,88,000 · 3200 Shares

Price Band ₹85–90

Lot Size 1600 shares

Issue Size ₹60 Cr

Listed At ₹89.00 -1.1%

Subscribed 1.04×

Listed On NSE SME

Green Asia Impex IPO Listing Day Performance

Green Asia Impex listed on NSE SME on 07 October 2026 at ₹89.00, a 1.11% discount to the issue price of ₹90. A retail investor allotted the minimum application of 3,200 shares (2 lots) lost ₹3,200 at the listing price.

Issue price

₹90

upper band

Listing price

₹89.00

pre-open auction

Listing loss

−1.11%

−₹1 per share

Loss per application

−₹3,200

3,200 shares

Demand going into listing

Subscribed overall	1.04×
QIB	2.06×
NII	0.69×
Retail	0.56×

Listing price = opening price from the exchange's pre-open call auction on listing day. Watch live price

Market Sentiment

Grey Market Premium What is GMP?

GMP not available yet

This section updates automatically once data is available.

Subscription Status

Full details

QIB

2.06x

NII

0.69x

bNII (>10L)

0.83x

sNII (2-10L)

0.40x

Retail

0.56x

Total

1.04x

Updated: Oct 01, 2026 5:59 pm IST

Analysis Score 32 / 100

Weak Signals

Data: 45%

Subscription Score · 67% weight 25

Financial Health · 33% weight 46

Weighted average of the parts above; updates as GMP and subscription change. not investment advice.

IPO Details

Price Band	₹85–90 per equity share
Face Value	₹10 Per Equity Share
Lot Size	1600 shares (Min 2 lots · ₹2,88,000)
Total Issue Size	₹60.10 crore
Fresh Issue	₹53.10 crore
Offer For Sale	₹7.00 crore
Fresh vs OFS	Fresh 88% · to the company OFS 12% · to selling shareholders
Issue Type	Book Building Issue
Lead Manager	Indorient Financial Services Ltd.
Registrar	Bigshare Services Pvt.Ltd.
Promoters	Pasupuleti Venkata Ramarao and Pasupuleti Meenakshi
Listing at	NSE SME
NSE Symbol	`GREENASIA`
Listing Price	₹89.00
Listing Gain	-1.11%

Day-wise Subscription (times subscribed)

QIB

0x D1

0x D2

1.17x Final

1.47x D6

1.47x D7

2.06x Final

NII

0x D1

0.01x D2

0.14x Final

0.15x D6

0.34x D7

0.69x Final

Retail

0.03x D1

0.07x D2

0.19x Final

0.22x D6

0.37x D7

0.56x Final

Total

0.01x D1

0.02x D2

0.45x Final

0.52x D6

0.64x D7

1.04x Final

Each panel has its own scale.

Category	Day 1	Day 2	Final	Day 6	Day 7	Final
QIB	0.00x	0.00x	1.17x	1.47x	1.47x	2.06x
NII	0.00x	0.01x	0.14x	0.15x	0.34x	0.69x
bNII > ₹10L	0.00x	0.00x	—	0.20x	0.33x	0.83x
sNII 2-10L	0.01x	0.02x	—	0.04x	0.38x	0.40x
Retail	0.03x	0.07x	0.19x	0.22x	0.37x	0.56x
Total	0.01x	0.02x	0.45x	0.52x	0.64x	1.04x

Market Lot Size

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

IPO Reservation

QIB 28.3% NII 38.5% Retail 33.2%

Category	Shares Offered	Shares %
QIB	18,94,400	28.34%
NII (HNI)	25,72,800	38.49%
bNII > ₹10L	17,15,200	25.66%
sNII < ₹10L	8,57,600	12.83%
Retail	22,17,600	33.17%
Total	66,84,800

Financial Analysis

Financial Data

EPS (Pre)

₹10.56

ROE

46.43%

ROCE

19.69%

RoNW

46.43%

EBITDA Margin

6.57%

Debt/Equity

2.40

NAV/Share

₹28.01

Revenue Growth

14.42%

Profit Margin

4.02%

Financial Performance

2026 vs 2025 Revenue +14.4% Profit (PAT) +50.8% Total Assets +43.2%

Metric	2024	2025	2026
Revenue	318.15	339.65	388.63
Expense	309.12	325.26	367.60
Profit (PAT)	6.66	10.35	15.61
Total Assets	118.10	177.95	254.88

Values in Crores (₹)

Peer Comparison

Company	EPS	P/E	RoNW %	NAV
Green Asia Impex This IPO	10.56	-	46.43	28.01
Apex Frozen FoodsLimited	12.43	29.16	7.60	168.96
Kings Infra VenturesLimited	6.59	17.21	20.37	35.47
Essex Marine Limited	4.63	4.40	22.85	26.25

Peer median P/E 17.2x across 3 listed peers

Strengths & Risks

Strengths

Strong institutional (QIB) demand — 2.1x.
Strong return on equity — 46%.
Mostly fresh capital — proceeds fund the company's growth, not an exit.

Risks & Concerns

Elevated leverage — debt/equity of 2.40.
Lists on the exchange's SME platform, where trading is usually thinner than on the main board — selling at your price can be harder.

From this issue's live data. Not investment advice — read the RHP.

Purpose	Amount (Cr)
Funding the capital expenditure for setting up the proposed seafood processing facility including purchase and installation of plant, machinery & equipment	40.03
General Corporate Purposes	-

Resources & Documents

IPO Documents

Draft Red Herring Prospectus Red Herring Prospectus

Green Asia Impex IPO - Quick Take

Green Asia Impex has set a price band of Rs 85–Rs 90 per share for an issue size of Rs 60 crore. The stock listed with a 1.11% discount versus its issue price on October 07, 2026.

The issue is promoted by Pasupuleti Venkata Ramarao and Pasupuleti Meenakshi with Indorient Financial Services Ltd. acting as lead manager. Net proceeds will primarily be used towards funding the capital expenditure for setting up the proposed seafood processing facility including purchase and installat… (Rs 40 crore) and general Corporate Purposes.

On fundamentals, the company is posting revenue growth of 14.4%, a profit margin of 4.0%, return on equity of 46.4% in its most recent reported period. Listed peers in this segment include Apex Frozen FoodsLimited (P/E 29.16x) and Kings Infra VenturesLimited (P/E 17.21x) — useful reference points when evaluating the issue's pricing relative to where the broader sector is trading.

On our data-signal score, the combined signals for this issue currently read weak — several key indicators are reading below average. This is a summary of public data, not a recommendation to apply or skip. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

By IPO Cracker Editorial Team · Editorial Policy · Data Sources Last updated: Oct 07, 2026

Related guides: What is GMP? · Anchor Investor explained · Allotment Process · How to Apply · Compare with peers

This summary is built from exchange, RHP and registrar data. Not investment advice. How we score IPOs »

Green Asia Impex IPO: Lead Manager & Registrar Track Record

How the firm running this issue and its registrar have fared on the other IPOs we track. Each firm's figures leave out Green Asia Impex itself, so they describe what came before it.

SME IPOs, last 12 months

Green Asia Impex listed at −1.1% on day one; the median of 193 listings was +1.7% (better than 24% of them).
Subscribed 1.04x against a median of 4.03x across 192 issues (higher than 1%).
Average listing-day move across all 194 SME listings we track: +11.6%.

Lead manager and registrar record on other IPOs we track
Firm	Other IPOs	Listed at / above issue	Avg move	Median
Indorient Financial Services Ltd. Lead manager	3 0 MB · 3 SME	33% 1 of 3	−6.8%	−0.5%
Bigshare Services Pvt.Ltd. Registrar	61 19 MB · 42 SME	69% 42 of 61	Check allotment →

Recent listings managed by Indorient Financial Services Ltd. (3)

Best: Om Galaxy +0.2% · Weakest: Digilogic Systems −20%

IPO	Listed	Listing-day move
Liqvd Digital	30 Sep 2026	−0.5%
Om Galaxy	18 Sep 2026	+0.2%
Digilogic Systems	28 Jan 2026	−20%

What a lead manager does

A SEBI-registered merchant banker that runs the issue: due diligence, drafting the offer document, setting the price band with the company, and marketing the IPO to investors.

What a registrar does

Finalises the basis of allotment, credits shares to demat accounts, releases blocked funds for unsuccessful bids and handles investor queries about the issue.

Listing-day move = exchange opening price vs issue price (band ceiling where the final price isn't recorded). Counts cover IPOs we track only. Past listings don't predict this one; this is not investment advice.

Frequently Asked Questions

Green Asia Impex listed at Rs 89.00 on 07 October 2026, against an issue price of Rs 90 — a 1.11% discount.

−1.11% at the listing price — Rs 1 per share, or Rs 3,200 on the minimum retail application of 3,200 shares.

The price band of Green Asia Impex IPO is Rs 85 to Rs 90 per share. Face value is Rs 10 per share.

The total issue size of Green Asia Impex IPO is Rs 60 crore, comprising fresh issue of Rs 53 crore and offer for sale (OFS) of Rs 7 crore.

The lot size of Green Asia Impex IPO is 1,600 shares. The minimum application is 2 lots (3,200 shares), requiring an investment of Rs 2,88,000.

Green Asia Impex IPO opens for subscription on September 24, 2026 and closes on October 01, 2026.

The expected allotment date for Green Asia Impex IPO is October 05, 2026. Refunds for unsuccessful applicants are expected on October 06, 2026. Shares are scheduled to be credited to demat accounts on October 06, 2026.

Green Asia Impex IPO is scheduled to list on October 07, 2026 on NSE. NSE symbol: GREENASIA.

Green Asia Impex IPO was subscribed 1.04 times overall by the close of bidding — retail at 0.56x, QIB at 2.06x, NII at 0.69x.

Based on the final retail subscription of 0.56x for Green Asia Impex IPO, the estimated retail allotment probability is approximately 100.0%. This is a high probability of allotment.

The registrar for Green Asia Impex IPO is Bigshare Services Pvt.Ltd. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Green Asia Impex IPO are Indorient Financial Services Ltd.

The promoter(s) of Green Asia Impex are Pasupuleti Venkata Ramarao and Pasupuleti Meenakshi.