Green Asia Impex Limited is engaged in the sourcing, processing and export of frozen seafood and agri-commodities, mainly frozen shrimps and dried chillies. The company serves B2B customers, including importers, distributors and food processors, across domestic and international markets.
Product Portfolio:
- Shrimps: Processes and exports Vannamei, Black Tiger and freshwater shrimps in HOSO, HLSO and PD formats.
- Dried Chillies: Trades and exports whole and stemless varieties, including Teja, Guntur Sannam and Bydagi.
The company procures raw materials, processes and conducts quality checks, and exports finished products as per customer specifications. It established its own processing facility in January 2023, replacing its earlier reliance on third-party facilities.
The company operates a semi-automated shrimp processing facility in Unguturu, Andhra Pradesh, with 10,800 MTPA capacity. It plans a new facility at Chinnayagudem Village, adding 11,100 MTPA and taking total capacity to approximately 21,900 MTPA.
The company benefits from seasonal diversification, with shrimp availability higher from October to July and dried chillies from January to April, helping partially mitigate seasonality. In Fiscal 2026, shrimps contributed 87.76% of revenue, while dried chillies contributed 9.77%, with total revenue of ₹383.80 crore.
As of August 31, 2026, the workforce comprised 136 permanent employees.
Green Asia Impex IPO – Details
| IPO Opening Date | 24 September 2026 |
| IPO Closing Date | 28 September 2026 |
| Issue Type | Book Building IPO |
| Issue Size | Total Issue: 66,77,777 Shares Worth ₹60.10 Crore Fresh Issue: 59,00,000 Shares Worth ₹53.10 Crore Offer For Sale: 7,77,777 Shares Worth ₹7.00 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹85 – ₹90 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | Bigshare Services Pvt. Ltd. |
| QIB Shares Offered | 30% |
| NII Shares Offered | 35% |
| Retail Shares Offered | 35% |
Green Asia Impex IPO – Date Schedule
| IPO Open Date | 24 September 2026 |
| IPO Close Date | 28 September 2026 |
| Basis of Allotment | 29 September 2026 |
| Initiation of Refund | 30 September 2026 |
| Credit of Shares to Demat | 30 September 2026 |
| IPO Listing Date | 01 October 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on September 28, 2026 |
Green Asia Impex IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3200 | ₹2,88,000 |
| Retail (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 |
Competitive Strength
- 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 Promoters
- Pasupuleti Venkata Ramarao
- Pasupuleti Meenakshi
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹318.15 Cr | ₹309.12 Cr | ₹6.66 Cr | ₹63.73 Cr |
| 31 March 2025 | ₹339.65 Cr | ₹325.26 Cr | ₹10.35 Cr | ₹74.92 Cr |
| 31 March 2026 | ₹388.63 Cr | ₹367.60 Cr | ₹15.61 Cr | ₹99.47 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 46.43% |
| ROCE | 19.69% |
| Debt/Equity | 2.4 |
| RoNW | 46.43% |
| PAT Margin | 4.07% |
| EBITDA Margin | 6.57% |
| NAV | 28.01 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 10.10 | 7.31 |
| P/E (x) | 8.91 | 12.31 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| 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. |
✅Strengths
- Strong Export Business with a focus on frozen shrimp exports.
- Capacity Expansion to ~21,900 MTPA planned.
- Product Diversification across shrimp and dried chillies.
- Global Presence across multiple export markets.
- Export Recognition as a Two Star Export House.
⚠️Risks
- Shrimp Dependence with 87.76% of FY2026 revenue.
- Seasonality in key products.
- Raw Material Risk due to sourcing dependence.
- Export Exposure to global market conditions.
- Expansion Risk in setting up new capacity.
Green Asia Impex IPO Promoter Holding
| Pre-Issue Share Holding | 94.65% |
| Post Issue Share Holding | 64.87% |
Green Asia Impex IPO Prospectus
Company Contact Information
| Green Asia Impex Limited RS.No. 677/2A1, Unguturu(V) &(M), Eluru District Vunguturu, West Godavari, Andhra Pradesh, 554411 Phone: +91 9908941785 Email: cs@greenasiaimpex.com Website: https://greenasiaimpex.com/ |
Green Asia Impex IPO Registrar
| Bigshare Services Pvt. Ltd. Phone: 8657578989/8069219065/8069219060 Email: ipo@bigshareonline.com Website: https://ipo.bigshareonline.com/IPO_Status.html |
Green Asia Impex IPO Lead Manager(s)
| 1. Indorient Financial Services Ltd. |
Green Asia Impex IPO FAQ
| What is the Green Asia Impex IPO? Green Asia Impex IPO is an SME IPO. The issue is priced at ₹85 – ₹90 per equity share. The IPO is to be listed on NSE SME. |
| When will Green Asia Impex IPO open? The IPO is to open on 24 September 2026 for QIB, NII and Retail Investors. |
| What is Green Asia Impex IPO Investors’ Portion? The Investors portion for QIB – 30%, NII – 35%, and Retail – 35%. |
| What is the Green Asia Impex IPO Size? Green Asia Impex IPO size is ₹60.10 Crore. |
| What are the Green Asia Impex IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 3200 Shares for ₹2,88,000, while the maximum bid is 3200 Shares for ₹2,88,000. |
| What is the Green Asia Impex IPO Allotment Date? Green Asia Impex IPO allotment date is 29 September 2026. |
| What is the Green Asia Impex IPO Listing Date? Green Asia Impex IPO listing date is 01 October 2026. The IPO is to be listed on the NSE SME. |
