- POSITIVE
Annual Revenue Green Asia Impex Mar-2026 Annual Revenue is Rs 389 Cr which is growth of 14.4% YoY.
- POSITIVE
Annual Net Profit Green Asia Impex Mar-2026 Annual Net Profit is Rs 16 Cr which is growth of 54.8% YoY.

Green Asia Impex was incorporated on August 5, 2014. The company sources, processes and exports frozen seafood and agri-commodities, primarily frozen shrimps and dried chillies, serving B2B customers such as importers, distributors and food processors in domestic and international markets. Incorporated in 2014 and headquartered in Tadepalligudem, Andhra Pradesh, it is recognised as a Two Star Export House by the Directorate General of Foreign Trade
| Bidding Dates |
|---|
| 24 Sep 2026 - 01 Oct 2026 |
| Subscription |
|---|
| 0.98x Undersubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹268,800 | 2 | 2 | 1600 | 6.7 M | ₹84 - ₹89 | 64.87 % | ₹560.9 M - ₹594.3 M | RHP DOC |
Green Asia Impex IPO SUBSCRIPTION STATUS
01 Oct '26Green Asia Impex IPO overall subscription rate was 0.98 times the total available shares
Green Asia Impex IPO retail subscription rate was 0.5 times in the retail segment
Green Asia Impex IPO non-institutional investor subscription rate was 0.72 times in the non-institutional investor category
Green Asia Impex IPO Qualified Institutional Bidder subscription rate was 1.85 times the available shares for Qualified Institutional Bidder
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers |
|---|---|---|---|
| Category Reservation | 35% | 35% | 30% |
01 Oct 2026 (Day 6) | 0.5x | 0.72x | 1.85x |
30 Sep 2026 (Day 5) | 0.34x | 0.36x | 1.31x |
29 Sep 2026 (Day 4) | 0.2x | 0.15x | 1.31x |
28 Sep 2026 (Day 3) | 0.17x | 0.15x | 1.05x |
25 Sep 2026 (Day 2) | 0.06x | 0.01x | - |
24 Sep 2026 (Day 1) | 0.03x | 0x | - |
Green Asia Impex FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 383.8 | 15.6 | -6.3 | -12.5 | 6.6% |
| FY25 | 337.6 | 10.4 | -5.1 | -6.4 | 6.1% |
| FY24 | 317.4 | 6.7 | -15.0 | -16.3 | 5.5% |
Green Asia Impex IPO SUBSCRIPTION STATUS DETAILS
Green Asia Impex had 6.7 M shares on offer
Green Asia Impex IPO offer price was in the range ₹84 - ₹89
Green Asia Impex IPO minimum Investment was ₹268800
Green Asia Impex IPO issue size was ₹ 560.9 M - ₹ 594.3 M
Green Asia Impex had a minimum lot size of 1600 Shares per application
Green Asia Impex NUMBER OF SHARES ON OFFER
Green Asia Impex IPO IMPORTANT DATES
| Issue Open Date | 24 Sep 2026 |
| Issue close Date | 01 Oct 2026 |
| Allotment Date | 05 Oct 2026 |
| Refund Date | 06 Oct 2026 |
| Demat Account Credit Date | 06 Oct 2026 |
| Listing Date | 07 Oct 2026 |
| Listing on Exchange(s) | NSE |
| Green Asia Impex Allotment Status | Exchange/ Registrar |
Green Asia Impex IPO subscription opened on 24 Sep 2026, and closed on 01 Oct 2026
IPO allotment for Green Asia Impex was finalized on Monday, 05 Oct 2026
IPO listing for Green Asia Impex was on NSE on Wednesday, 07 Oct 2026
Green Asia Impex IPO LISTING GAINS
| Issue Price (adjusted) | 90.0 |
| Listing Open Price | 89.0 |
| Listing Close Price | 84.5 |
| Listing Gain% | -1.1% |
| Current Gain% | -25.5% |
Green Asia Impex Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Green Asia Impex Ltd. | 67 | 143.2 | 9.2 | 0.2 | 0.4 | 37.7 | 6.1 | 388.6 | 14.4 | 15.6 | 50.8 | 7.3 | 50.8 |
| Varun Beverages Ltd. | 392 | 132593.8 | 38.2 | 2.3 | 5.1 | 15.5 | 11.9 | 22037.7 | 9.5 | 3036.5 | 17 | 10.3 | 16.9 |
| Manorama Industries Ltd. | 1796.2 | 11338 | 46 | 0.4 | 7.7 | 33 | 18.8 | 1377.1 | 73.9 | 224.9 | 104.9 | 39.1 | 110 |
| EID Parry (India) Ltd. | 600.4 | 10685.4 | 23 | -0.4 | 0.3 | 6.5 | 1.9 | 38883.4 | 21.6 | 569.5 | -35.2 | 26.1 | -55 |
| Avanti Feeds Ltd. | 658.7 | 8974.5 | 16.9 | -2 | 1.4 | 18.4 | 14.2 | 6276.5 | 8.6 | 606.1 | 14.6 | 39 | -8.3 |
| Sanstar Ltd. | 94.9 | 1729.7 | 39.3 | 0.6 | 2.1 | 5.2 | 4.3 | 796.4 | -18 | 34.4 | -21.3 | 2.4 | 63.2 |
Green Asia Impex annual results: revenue, profit, P&L, and margins as of Mar 2026 – 11 year history
| Indicator | Graph | Mar '26 | Mar '25 | Mar '24 |
|---|---|---|---|---|
| 388.6 | 339.7 | 317.7 | ||
Operating Exp. Ann. | 352.8 | 316.6 | 298.1 | |
Operating Profit Ann. | 31 | 21 | 18.8 | |
OPM Ann. % | 7.97% | 6.19% | 5.92% | |
| 367.6 | 325.6 | 308.5 | ||
EBITDA Ann. | 35.8 | 23.1 | 19.6 | |
EBITDA Ann. margin % | 9.22% | 6.79% | 6.16% | |
Interest Ann. | 12.5 | 6.4 | 7 | |
Depr. | 2.3 | 2.6 | 3.4 | |
PBT Ann. | 21 | 14.1 | 9.2 | |
Tax Ann. | 5.4 | 4 | 2.4 | |
| 15.6 | 10.1 | 6.9 | ||
Net Profit Ann. | 15.6 | 10.1 | 6.9 | |
NPM Ann. % | 4.06% | 2.98% | 2.16% | |
EPS Adj. latest Ann. | 7.3 | 4.7 | 3.2 |
Green Asia Impex INFORMATION ON IPO ISSUE
About Green Asia Impex
Green Asia Impex was incorporated on August 5, 2014. The company sources, processes and exports frozen seafood and agri-commodities, primarily frozen shrimps and dried chillies, serving B2B customers such as importers, distributors and food processors in domestic and international markets. Incorporated in 2014 and headquartered in Tadepalligudem, Andhra Pradesh, it is recognised as a Two Star Export House by the Directorate General of Foreign Trade
Object of the Issue
- Funding the capital expenditure for setting up the proposed seafood processing facility including purchase and installation of plant, machinery & equipment
- General corporate purposes
Green Asia Impex - PROMOTERS
| Name |
|---|
| Pasupuleti Venkata Ramarao |
| Pasupuleti Meenakshi |
Green Asia Impex - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Pasupuleti Venkata Ramarao | Managing Director |
| Pasupuleti Meenakshi | Executive Director |
| Itakula Madhu Babu | Non-Executive Director |
| Marisetti Raghava Rao | Independent Director |
| Prabhakar Rao Sanka | Independent Director |
| Lokesh Kanja | Independent Director |
Green Asia Impex Book Running Lead Manager
Indorient Financial Services Limited
compliance-ifsl@indorient.in
Green Asia Impex Registrar to the Offer
Bigshare Services Private Limited
ipo@bigshareonline.com
Green Asia Impex Strengths
Export ready infrastructure
The company operates export-oriented processing facilities equipped with grading machines, plate freezers, IQF hardeners and cold storage units for processing frozen shrimp and dried chillies as per customer requirements. Its HACCP, ISO 22000, FSSAI and FDA certifications, supported by required licences and approvals, enable compliance with international food safety, hygiene and regulatory standards
Established network
The company has established relationships with trader-cum-commission agents in Agricultural Market Committee markets, enabling procurement of shrimp and dried chillies from multiple suppliers. Its procurement network supports continuity of raw material supply during seasonal and demand fluctuations, while quality checks help ensure compliance with customer and regulatory requirements
Diversified product portfolio
The company processes and exports multiple shrimp varieties, including Vannamei, Black Tiger and Freshwater shrimp, in formats such as HOSO, HLSO and Peeled & Deveined. It also processes Teja, Bydagi and Guntur chillies, enabling it to serve diverse customer preferences and markets while reducing dependence on a single product or geography
Green Asia Impex Risks
Shrimp biosecurity risks
The company operates in an environmentally sensitive industry and is exposed to biosecurity risks from diseases, viruses, contamination and inadequate temperature control across shrimp farming, procurement, processing and transportation. Disease outbreaks, ineffective biosecurity measures or adverse weather events such as floods and droughts could disrupt operations, increase costs and adversely affect its business, reputation and financial performance
Working capital intensive
The company’s working capital-intensive business depends on internal accruals and external borrowings to fund raw material procurement, taxes, customer credit and debt servicing. Reduced availability of credit, tighter lending conditions or higher interest rates could increase financing costs, restrict liquidity and adversely affect its cash flows, profitability and financial performance
Shelf-life & cold chain risks
The company’s shrimp and dried chilli inventories are exposed to shelf-life and quality degradation risks, with shrimp requiring continuous cold-chain management at approximately –18°C. Any storage or temperature-control failure, processing delays, moisture, fungal contamination or pest infestation could cause spoilage, wastage, product rejection, higher costs and adversely affect its business and financial performance
IPO FAQs
This IPO consists of an offer for sale of up to Rs 7.0 crore, of 777,777 shares. It also consists of a fresh issue of Rs 53.1 crore.
The promoters of the company are Pasupuleti Venkata Ramarao and Pasupuleti Meenakshi.
The category allocation of qualified institutional buyers is 30.0%, the category allocation of non individual investors or high networth individuals is 35.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 84.0 - 89.0.
The IPO application opens on Sep 24, 2026 and closes on Oct 01, 2026.
The minimum lot size for the IPO is 3200. The maximum lot size for the IPO is 3200.
For all category investors, the minimum application amount for this IPO is Rs. 268,800.0, the maximum value for this IPO is Rs 284,800.0.
This IPO will be allotted on Oct 05, 2026.
The refund will be credited to your account on Oct 06, 2026.
The allotted shares will be credited to your demat on Oct 06, 2026.
Green Asia Impex Ltd.’s shares listed on the stock exchanges on Oct 07, 2026.
