Green Asia Impex IPO
Updated 11 Nov 2026, 6:45 pm.
Minimum investment (Individual investors (IND))
₹2,84,800
2 lots · 3,200 shares at the upper price band
Price band
₹89
Latest GMP
₹0
0.0% of the ₹89 upper band
Est. listing price
₹90
Issue size
₹56.35 Cr
Listing price
₹89.00
NSE GREENASIA, special pre-open price
Listing gain
+0.0%
Listing price against the issue price
First-day close
₹84.55
Since issue
-16.9%
₹74 close, 13 Nov 2026
As NSE lists it
The exchange's own issue data, NSE symbol GREENASIA · read 14 Nov 2026, 12:15 am
- Price band
- ₹84–89
- Bidding
- 24 Sept 2026 – 1 Oct 2026
- Subscribed (NSE)
- —
- Shares offered
- —
- Listed
- 7 Oct 2026
- Issue price
- ₹89
NSE's subscription counts bids on its own platform and can differ from the combined NSE + BSE figure above.
Allotment status
Check it on the registrar's page or either exchange with your PAN or application number.
- Allotment finalised5 Oct 2026(done)
- Refunds start6 Oct 2026(done)
- Shares credited to demat6 Oct 2026(done)
- Listing7 Oct 2026(done)
GMP history
Each point is a recorded observation from the scheduled data sync.
| Observed | GMP | Est. listing price |
|---|---|---|
| 7 Oct 2026, 8:50 am | ₹0 | ₹90 |
| 7 Oct 2026, 8:45 am | ₹0 | ₹90 |
| 6 Oct 2026, 6:50 pm | ₹0 | ₹90 |
| 6 Oct 2026, 6:45 pm | ₹0 | ₹90 |
| 6 Oct 2026, 1:50 pm | ₹0 | ₹90 |
| 6 Oct 2026, 1:45 pm | ₹0 | ₹90 |
| 6 Oct 2026, 8:50 am | ₹0 | ₹90 |
| 6 Oct 2026, 8:45 am | ₹0 | ₹90 |
| 5 Oct 2026, 6:50 pm | ₹0 | ₹90 |
| 5 Oct 2026, 6:45 pm | ₹0 | ₹90 |
| 5 Oct 2026, 1:50 pm | ₹0 | ₹90 |
| 5 Oct 2026, 1:45 pm | ₹0 | ₹90 |
| 5 Oct 2026, 11:31 am | ₹0 | ₹90 |
| 5 Oct 2026, 8:50 am | ₹0 | ₹90 |
| 5 Oct 2026, 8:45 am | ₹0 | ₹90 |
| 3 Oct 2026, 10:44 pm | ₹0 | ₹90 |
| 2 Oct 2026, 8:50 am | ₹0 | ₹90 |
| 2 Oct 2026, 8:45 am | ₹0 | ₹90 |
| 1 Oct 2026, 6:50 pm | ₹0 | ₹90 |
| 1 Oct 2026, 6:45 pm | ₹0 | ₹90 |
| 1 Oct 2026, 1:50 pm | ₹0 | ₹90 |
| 1 Oct 2026, 1:45 pm | ₹0 | ₹90 |
| 30 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 30 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 30 Sept 2026, 1:50 pm | ₹0 | ₹90 |
| 30 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 29 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 29 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 29 Sept 2026, 1:50 pm | ₹0 | ₹90 |
| 29 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 29 Sept 2026, 8:50 am | ₹0 | ₹90 |
| 29 Sept 2026, 8:45 am | ₹0 | ₹90 |
| 28 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 28 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 28 Sept 2026, 1:50 pm | ₹0 | ₹90 |
| 28 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 28 Sept 2026, 8:50 am | ₹0 | ₹90 |
| 28 Sept 2026, 8:45 am | ₹0 | ₹90 |
| 26 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 26 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 26 Sept 2026, 1:50 pm | ₹0 | ₹90 |
| 26 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 26 Sept 2026, 8:50 am | ₹0 | ₹90 |
| 26 Sept 2026, 8:45 am | ₹0 | ₹90 |
| 25 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 25 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 25 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 25 Sept 2026, 8:50 am | ₹0 | ₹90 |
| 25 Sept 2026, 8:45 am | ₹0 | ₹90 |
| 24 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 24 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 24 Sept 2026, 1:50 pm | ₹0 | ₹90 |
| 24 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 24 Sept 2026, 8:50 am | ₹0 | ₹90 |
| 24 Sept 2026, 8:45 am | ₹0 | ₹90 |
| 23 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 23 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 23 Sept 2026, 1:50 pm | ₹0 | ₹90 |
| 23 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 23 Sept 2026, 8:50 am | ₹0 | ₹90 |
| 23 Sept 2026, 8:45 am | ₹0 | ₹90 |
| 22 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 22 Sept 2026, 6:45 pm | ₹0 | ₹90 |
| 22 Sept 2026, 1:50 pm | ₹0 | ₹90 |
| 22 Sept 2026, 1:45 pm | ₹0 | ₹90 |
| 22 Sept 2026, 8:50 am | ₹0 | ₹90 |
| 22 Sept 2026, 8:45 am | ₹0 | ₹90 |
| 21 Sept 2026, 6:50 pm | ₹0 | ₹90 |
| 21 Sept 2026, 6:45 pm | ₹0 | ₹90 |
GMP is an unofficial, unregulated grey-market estimate — not a prediction of listing performance.
Issue details
- Board
- SME
- Price band
- ₹89
- Issue size
- ₹56.35 Cr
- Lot size
- 1,600
- Opens
- 24 Sept 2026
- Closes
- 1 Oct 2026
- Allotment
- 5 Oct 2026
- Listing
- 7 Oct 2026
- Est. listing price
- ₹90
- Listing price
- ₹89
- Listing gain
- +0.0%
- Registrar
- Bigshare Services Pvt.Ltd.
- Minimum investment
- ₹2,84,800 (2 lots · 3,200 shares)
- Face value
- ₹10 per share
- Issue type
- Bookbuilding IPO
- Sale type
- Fresh capital cum OFS
- Fresh issue
- ₹53 Cr
- Offer for sale
- ₹7 Cr
- Listing at
- NSE SME
- Refunds
- 6 Oct 2026
- Shares credited
- 6 Oct 2026
- Promoter holding
- 94.65% before · 64.91% after
- Lead managers
- Indorient Financial Services Ltd.
Offer documents & links
Subscription by category
As of 30 Sept 2026, 5:54 pm.
Total subscription
0.66x
Full issue details
Details as published for this issue, read 30 Sept 2026, 7:05 pm. Verify against the RHP before applying.
IPO Details
| IPO Date | 24 Sep to 1 Oct, 2026 |
|---|---|
| IPO Close (Extended) | Thu, Oct 1, 2026 |
| Listing Date | Wed, Oct 7, 2026 (tentative) |
| Face Value | ₹ 10 per share |
| Price Band | ₹84 to ₹89 |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 66,67,200 shares (agg. up to ₹ 59 Cr) |
|---|---|
| Reserved for Market Maker | 3,36,000 shares (agg. up to ₹ 3 Cr) Steel City Securities Ltd. |
| Fresh Issue (Ex Market Maker) | 55,58,400 shares (agg. up to ₹ 49 Cr) |
| Offer for Sale | 7,72,800 shares of ₹ 10 (agg. up to ₹ 7 Cr) |
| Net Offered to Public | 63,31,200 shares (agg. up to ₹ 56 Cr) |
| Share Holding Pre Issue | 1,54,58,945 shares |
| Share Holding Post Issue | 2,13,53,345 shares |
IPO Timetable (Tentative)
- IPO Open
- Thu, Sep 24, 2026
- IPO Close (Extended)
- Thu, Oct 1, 2026
- Allotment
- Mon, Oct 5, 2026
- Refund
- Tue, Oct 6, 2026
- Credit of Shares
- Tue, Oct 6, 2026
- Listing
- Wed, Oct 7, 2026
Issue Reservation
- QIB28.34%
- NII (HNI)33.46%
- Retail33.17%
- Market Maker5.03%
| Investor Category | Shares | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB | 18,94,400 | 29.84% | 28.34% |
| NII (HNI) | 22,36,800 | 35.23% | 33.46% |
| - bNII > ₹10L | 4,03,200 | — | 6.03% |
| - sNII < ₹10L | 18,33,600 | — | 27.43% |
| Retail | 22,17,600 | 34.93% | 33.17% |
| Firm Reservations | |||
| Market Maker | 3,36,000 | — | 5.03% |
| Total | 66,84,800 | 100.00% | 100.00% |
Green Asia Impex IPO comprises a total issue size of 66,84,800 shares. The net offer to the public is 63,48,800 shares, after excluding 3,36,000 shares allotted on a firm basis. Of the Net offer 18,94,400 (29.84%) are allocated to QIB , 22,36,800 (35.23%) allocated to NII 22,17,600 (34.93%) allocated to RII .
IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (IND) (Min) | 2 | 3,200 | ₹2,84,800 |
| Individual investors (IND) (Max) | 2 | 3,200 | ₹2,84,800 |
| S-HNI (Min) | 3 | 4,800 | ₹4,27,200 |
| S-HNI (Max) | 7 | 11,200 | ₹9,96,800 |
| B-HNI (Min) | 8 | 12,800 | ₹11,39,200 |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
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)
Total Income
Profit After Tax
EBITDA
NET Worth
| 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 |
| Amount in ₹ Crore |
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.
IPO Objects of the Issue
| # | 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 |
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
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 |
| P/B (x) | 6.45 |
Check IPO Peer Comparison here.
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. | ₹190.04 Cr |
Disclaimer
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
Pre IPO
- Promoter and Promoter Group94.65%
- Public5.35%
Post IPO
- Promoter and Promoter Group64.91%
- Public35.09%
| Category | Pre IPO | Post IPO |
|---|---|---|
| Promoter and Promoter Group | 94.65% | 64.91% |
| Public | 5.35% | 35.09% |
| 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
IPO Lead Manager(s)
Indorient Financial Services Ltd.
Contact Details
Green Asia Impex Ltd. Address
RS.No. 677/2A1, Unguturu(V) &(M)
Eluru District
Vunguturu
West Godavari, Andhra Pradesh , 554411
+91 9908941785
cs@greenasiaimpex.com
Green Asia Impex IPO in the news
Recent coverage in the financial press. Headlines are the publishers' own; verify details with the RHP.
Green Asia Impex IPO Day 5: Subscribed 0.55x; QIB demand holds at 1.39x
scanx.trade · 30 Sept 2026
Green Asia Impex IPO Day 4 Subscription Status: 0.52x
HDFC Sky · 29 Sept 2026
Green Asia Impex Limited Revises IPO Closing Date to October 01, 2026; Revises Price Band to ₹84 -₹89 per Equity Share
ANI News · 29 Sept 2026
Green Asia Impex Revises IPO Price Band, Issue Closing Extended To October 1
Free Press Journal · 29 Sept 2026
Green Asia Impex IPO Day 4: Subscribed 0.45x; QIB demand steady at 1.11x
scanx.trade · 29 Sept 2026
Green Asia Impex IPO Day 2: Subscribed 0.02x; retail leads at 0.06x amid flat institutional demand
scanx.trade · 29 Sept 2026
Green Asia Impex Ltd IPO Date: Check Issue Date, Price, Lot size, Subscription, News and Details - Moneycontrol
Moneycontrol.com · 29 Sept 2026
Green Asia Impex IPO Subscription Status Day 3: Issue Subscribed 0.42 Times
HDFC Sky · 28 Sept 2026
Green Asia Impex: common questions
Answered from this issue's own record.