Green Asia Impex(C)SME
Green Asia Impex Ltd is engaged in sourcing, processing, manufacturing, and exporting frozen shrimps and agri-commodities such as dried chillies, operating primarily from Andhra Pradesh, India.
Price Band
₹90 - ₹90
Lot Size
3200 Shares
Issue Size
₹60.10 Cr
Fresh Issue
₹53.10 Cr
OFS
₹7.00 Cr
Registrar
AI Sentiment Score
Current GMP
₹0
Est. Listing: ₹90 (0%)
📅 IPO Timeline
✓
Open
Sep 24, 2026
2
Close
Oct 1, 2026
3
Allotment
Oct 5, 2026
4
Refund
Oct 6, 2026
5
Demat
Oct 6, 2026
6
Listing
Oct 7, 2026
✨ AI Analysis & Prediction
+2.0%
predicted listing gain
Green Asia Impex SME IPO shows moderate financial growth with an expanding top line and improving profitability. However, subscription demand is muted, particularly in the NII and retail segments, leading to a conservative projected listing gain.
💪 Strengths
- Consistent top-line and bottom-line growth over the past three years
- Strong Return on Net Worth (RoNW) of 46.43% in FY26
- Experienced promoters in the seafood and agri-commodities export sector
⚠️ Weaknesses
- High debt-to-equity ratio of 2.4
- Subdued retail and HNI subscription demand during the IPO window
- Working capital intensive operations tied to seasonal harvesting cycles
🚀 Opportunities
- Expansion into new processing facilities such as the proposed plant at Chennayagudem
- Growing global demand for quality frozen shrimp and agricultural products
🛡️ Threats
- Vulnerability to international trade policies and seafood export regulations
- Raw material price volatility and supply chain disruptions affecting shrimp and chilli yields
🎯 Objectives of the IPO
| Requirement / 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 | ₹20.07 |
📊 Financial Overview
| Metric | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue (₹ Cr) | Rs 318.15 Cr | Rs 339.65 Cr | Rs 388.63 Cr |
| Net Profit / PAT (₹ Cr) | Rs 6.66 Cr | Rs 10.35 Cr | Rs 15.61 Cr |
| Total Assets (₹ Cr) | Rs 118.10 Cr | Rs 177.95 Cr | Rs 254.88 Cr |
| ROE % | NA | NA | 46.43% |
| ROCE % | NA | NA | 19.69% |
| Debt / Equity | NA | NA | 2.40 |
📋 Live Subscription Status
QIB
2.06x
NII
0.64x
Retail
0.56x
Total
1.04x
Updated: Oct 2, 2026 6:37 PM
💼 Reservation Quota
QIB
28.34%
Retail
33.17%
NII
38.49%
📈 Shareholding & Anchor Lock-In
🔗 Important Links & Lead Managers
- Check Allotment StatusCheck Now →
- Registrar WebsiteVisit →
- Download DRHP ProspectusDownload PDF 📥
- Download RHP ProspectusDownload PDF 📥
Lead Managers / Merchant Bankers
This issue is managed by Hem Securities Ltd., and Share India Capital Services Pvt. Ltd.
Disclaimer: The information provided on this page is for educational and informational purposes only and does not constitute financial advice. IPO investments are subject to market risks. AI-generated analysis is based on publicly available data and may not be accurate. Grey Market Premium (GMP) is unofficial and highly speculative. Always consult a qualified financial advisor and read the DRHP/RHP carefully before making investment decisions.
The company has demonstrated steady revenue growth over the last three fiscal years, with revenue increasing from ₹318.15 crores in FY24 to ₹388.63 crores in FY26, alongside a net profit rise to ₹15.61 crores in FY26. It maintains an elevated return on equity (ROE) of 46.43%, though its debt-to-equity ratio remains high at 2.4, presenting balance sheet risks.
The IPO aims to raise ₹60.10 crores through a combination of a fresh issue of ₹53.10 crores and an offer for sale up to 7,14,000 equity shares. The price band is set at ₹85 to ₹90 per share. Total subscription stands at a modest 1.04x with subdued retail and HNI interest, though institutional participation offers some cushion.