
Here is a structured summary of Green Asia Impex Ltd. outlining its core operations and strengths:
Company & Business Overview
- Incorporation: Established in 2014, Green Asia Impex Limited focuses on processing, sourcing, and exporting frozen seafood and agri-commodities in B2B markets globally and domestically.
- Dual Product Verticals:
- Shrimp Processing: Processes Vannamei, Black Tiger, and freshwater varieties into Head-On Shell-On (HOSO), Headless Shell-On (HLSO), and Peeled & Deveined (PD) formats.
- Dried Chilli Trading: Exports key varieties including Teja, Guntur Sannam, and Bydagi based on color and pungency/heat profiles.
- Seasonal Balance: Operates with offset harvesting cycles—shrimps peak between February and October, while chillies peak between January and April.
Processing Facilities & Capacity
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Current Unit: Semi-automated facility in Unguturu, Andhra Pradesh (1,838.76 sq.m) with capacities of 7,200 MTPA for block freezing and 3,600 MTPA for IQF (Individually Quick Frozen).
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Planned Expansion: New unit at Chennayagudem (4,955.69 sq.m) adding 16,200 MTPA to processing capacity.
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Workforce: 136 permanent employees as of August 31, 2026.
Competitive Strengths
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Export-grade, global standard-compliant processing infrastructure.
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Established client relationships across domestic and international markets.
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Diverse product portfolio compensating for agricultural seasonal cycles.
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Robust trader-cum-commission agent network for efficient raw material sourcing.
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In-house Quality Control and Assurance teams.
Green Asia Impex Limited SME IPO – Complete Information & Analysis
The initial public offering (IPO) details for Green Asia Impex Limited have been finalized. The subscription opens on September 24, 2026 and closes on September 28, 2026. The total issue size is ₹60.10 Crore, comprising a fresh issue of ₹53.10 Crore and an Offer for Sale (OFS) of ₹7.00 Crore.
1. Key Offer Highlights & Timetable
| Parameter / Milestone | Official Details |
| IPO Subscription Window | Thu, Sep 24, 2026 – Mon, Sep 28, 2026 |
| Price Band | ₹85 to ₹90 per equity share |
| Face Value | ₹10 per share |
| Lot Size | 1,600 Shares |
| Fresh Issue Size | ₹53.10 Cr (59,00,000 Shares) |
| Offer For Sale (OFS) | ₹7.00 Cr (7,77,777 Shares) |
| Listing Exchange | NSE SME |
| Allotment Finalization | Tue, Sep 29, 2026 |
| Refunds & Demat Credit | Wed, Sep 30, 2026 |
| Tentative Listing Date | Thu, Oct 1, 2026 |
2. Category Bidding & Investment Amounts
Retail individual investors must bid for a minimum of 2 lots (3,200 shares), requiring an investment of ₹2,88,000 at the upper price band cap of ₹90 per share.
| Investor Category | Minimum Lots | Shares | Investment Amount (at ₹90) |
| Retail Individual (IND – Min/Max) | 2 Lots | 3,200 | ₹2,88,000 |
| Small HNI (sHNI Min) | 3 Lots | 4,800 | ₹4,32,000 |
| Small HNI (sHNI Max) | 6 Lots | 9,600 | ₹8,64,000 |
| Big HNI (bHNI Min) | 7 Lots | 11,200 | ₹10,08,000 |
3. Share Quota Allocation Structure
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Qualified Institutional Buyers (QIB): Not more than 30% of the Net Offer
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Retail Individual Investors (RII): Not less than 35% of the Net Offer
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Non-Institutional Investors (NII/HNI): Not less than 35% of the Net Offer
4. Corporate Profile & Business Operations
Incorporated in 2014, Green Asia Impex Limited is engaged in sourcing, processing, manufacturing, and exporting frozen seafood (primarily shrimps) and agricultural commodities (dried chillies).
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Core Operating Verticals:
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Shrimp Processing: Sources and processes Vannamei, Black Tiger, and freshwater varieties into formats like HOSO, HLSO, and PD.
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Dried Chilli Trading: Sources and exports Indian varieties such as Teja, Guntur Sannam, and Bydagi based on heat and color specifications.
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Seasonality Counter-balance: Shrimp harvesting runs from February to October, while chilli harvesting peaks from January to April, providing operational stability throughout the year.
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Processing Capabilities: Operates a semi-automated shrimp processing unit at Unguturu, Andhra Pradesh (1,838.76 sq.m) with a block freezing capacity of 7,200 MTPA and an IQF capacity of 3,600 MTPA. A new expansion at Chennayagudem will add ~16,200 MTPA of processing capacity.
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Workforce: 136 permanent employees as of August 31, 2026.
5. Financial Highlights (Restated Consolidated)
(Financial values in ₹ Crore)
| Financial Metric | FY 2023-24 | FY 2024-25 | FY 2025-26 |
| Total Assets | ₹118.10 | ₹177.95 | ₹254.88 |
| Total Income / Revenue | ₹318.15 | ₹339.65 | ₹388.63 |
| EBITDA | ₹17.35 | ₹20.74 | ₹25.23 |
| Profit After Tax (PAT) | ₹6.66 | ₹10.35 | ₹15.61 |
| Net Worth | ₹15.46 | ₹25.81 | ₹24.13 |
| Total Borrowings | ₹63.73 | ₹74.92 | ₹99.47 |
Key Valuation Ratios & Metrics (as of March 31, 2026):
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Pre-IPO EPS: ₹10.10 | Post-IPO EPS: ₹7.31
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Pre-IPO P/E: 8.91x | Post-IPO P/E: 12.31x
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PAT Margin: 4.02% | EBITDA Margin: 6.49%
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Return on Equity (ROE): 50.16%
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Post-Issue Market Capitalization: ₹192.23 Crore
6. Objects of the Issue
The company proposes to deploy the net proceeds of ₹40.03 Crore from the fresh issue as follows:
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Capital Expenditure (₹40.03 Cr): Funding the construction and setup of the proposed seafood processing facility at Chennayagudem, including machinery and equipment purchases.
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General Corporate Purposes: Remaining balance of the fresh proceeds.
7. Intermediaries, Promoters & Contact Details
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Promoters: Pasupuleti Venkata Ramarao and Pasupuleti Meenakshi.
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Shareholding Structure: Promoter holding moves from 94.65% Pre-IPO to 64.87% Post-IPO.
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Book Running Lead Manager (BRLM): Indorient Financial Services Ltd.
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Registrar to the Issue: Bigshare Services Pvt. Ltd.
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Phone: 022-62638200 / +91-8657578989
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Email:
ipo@bigshareonline.com
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Market Maker: Steel City Securities Ltd.
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