Green Asia Impex IPO

Listed SME
Min Investment
₹2,88,000
3200 Shares
Min Investment
₹2,88,000 · 3200 Shares
Open Sept 24
Close Oct 01
Allotment Oct 05
Refund Oct 06
Demat Oct 06
Listing Oct 07
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
Listing Price
₹89.00 (-1.11%)
vs issue price
Current Price (NSE)
₹66.80 (-25.78%)
as of 15 Oct, 9:45 am IST

Market Sentiment

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Subscription Status
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 25
Financial Health 46
Score updates live as GMP/subscription change. For information only — 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
Issue TypeBook Building Issue
Lead Manager Indorient Financial Services Ltd.
Registrar Bigshare Services Pvt.Ltd.
PromotersPasupuleti Venkata Ramarao and Pasupuleti Meenakshi
Listing atNSE SME
NSE SymbolGREENASIA
Listing Price₹89.00
Listing Gain-1.11%

IPO Reservation

Category Shares Offered Shares %
QIB18,94,40028.34%
NII (HNI)25,72,80038.49%
bNII > ₹10L17,15,20025.66%
sNII < ₹10L8,57,60012.83%
Retail22,17,60033.17%
Total66,84,800

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
Budget to Lots Calculator ▼
₹

Day-wise Subscription (times subscribed)

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

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

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
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

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.

Compiled from this issue's live GMP, subscription, valuation and financial data, and updated as those figures change. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Green Asia Impex

Founded in 2014, Green Asia Impex has been involved in sourcing, processing, manufacturing, and exporting frozen shrimps and dried chillies. Its product range includes exporting frozen seafood, mainly shrimps, and agri-commodities like red chillies to domestic and international markets. The firm processes and trades different types of shrimps such as Vannamei, Black Tiger, and freshwater shrimp in different forms: HOSO (Head-On Shell-On), HLSO (Headless Shell-On), and PD (Peeled & Deveined). In chillies, it trades and sells a variety of chillies such as Teja, Guntur Sannam, and Bydagi. Shrimp harvesting happens from February to October, and chilli harvests are concentrated between January and April. Moreover, the firm currently operates a semi-automated shrimp processing facility in Unguturu, Andhra Pradesh, and is soon planning to set up a new facility at Chennayagudem.

Company Contact Information

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

Objects of the Issue

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

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.

Frequently Asked Questions

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.

Green Asia Impex IPO GMP — What It Means

GMP stops mattering once the shares trade — it only ever estimated the listing price. No grey market premium was recorded for Green Asia Impex before it listed.

See the full Green Asia Impex GMP history and trend, or learn how grey market premium works and how reliable it is.

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