Green Asia Impex
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Green Asia Impex
Price 84 to 89
GMP Rumors ₹0
Lot size 1600
Issue size ₹60.10 Cr
Allotment 05-10-2026
Refund 30-09-2026
Listing 07-10-2026
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ISIN INE1WDS01018
Allotment Status Bigshare
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About

NSE List Price : ₹89.00

Subscription

Category Times
QIBs2.06x
HNIs0.80x
Retail0.55x
Total : 1.09x

IPO Market Lot(s) Distribution

Application Lot Size Shares Amount
Retail Minimum 2 3,200 ₹288,000
Retail Maximum 2 3,200 ₹288,000
S - HNI Minimum 3 4,800 ₹432,000
S - HNI Maximum 6 9,600 ₹864,000
B - HNI Minimum 7 11,200 ₹1,008,000

About the Company

Green Asia Impex Limited, incorporated in 2014 and based in Andhra Pradesh, is engaged in sourcing, processing and exporting frozen seafood and agricultural commodities. Its primary businesses are frozen shrimp and dried chillies. The company follows a B2B model and supplies products to importers, distributors and food processors in domestic and international markets. It operates a processing facility in Unguturu, Eluru district, Andhra Pradesh, with quality-control and cold-chain infrastructure.

Products & Services

Frozen Shrimp: Vannamei, Black Tiger and freshwater shrimp in different processed formats.

Dried Chillies: Indian varieties including Teja, Guntur Sannam and Byadgi.

Agri Commodities: Sourcing and trading of selected agricultural products.

Processing & Export Services: Procurement, processing, grading, cold-chain handling, quality control and export documentation.

Company Financial Report

Amount ₹ in Crores
Period Ended Revenue Expense PAT Assets
2024 ₹318.15 ₹309.12 ₹6.66 ₹118.10
2025 ₹339.65 ₹325.26 ₹10.35 ₹177.95
2026 ₹388.63 ₹367.60 ₹15.61 ₹254.88

Company Promoter

Pasupuleti Venkata Ramarao

Pasupuleti Meenakshi

Know before investing

  • • Strengths

    Export-Grade Processing: Processing facilities are designed to meet international food-safety and quality requirements.

    Strong Customer Relationships: Established relationships with customers in domestic and international markets.

    Diversified Product Portfolio: Business is spread across frozen shrimp and dried chillies, with different product cycles.

    Strong Sourcing Network: Trader-cum-commission agent network supports procurement of shrimp and agricultural commodities.

    International Market Presence: The company exports its products to multiple overseas markets.

  • • Risks

    Customer Concentration: Top 10 shrimp customers contributed 68.54% of revenue in FY26; top 10 customers across shrimp and dried chillies contributed 77.85%.

    China Market Dependence: A significant portion of export revenue is concentrated among customers in China.

    Biosecurity Risk: Shrimp operations are exposed to disease, contamination and other biosecurity risks.

    Negative Operating Cash Flow: Operating cash flow was negative at 6.27 crore in FY26, 5.06 crore in FY25 and 15.00 crore in FY24.

    High Borrowings: Outstanding financial indebtedness was 119.97 crore as of August 31, 2026.

    Receivables Risk: Trade receivables stood at 97.35 crore as of March 31, 2026.

    Tax Contingency: The company has a contingent income-tax liability of 7.89 crore relating to an ongoing tax demand.

Objects of the Issue & Utilisation of proceeds

Setting up Proposed Seafood Processing Facility: 40.03 crore

General Corporate Purposes: 13.07 crore

Company Address

Green Asia Impex Ltd.
RS.No. 677/2A1, Unguturu(V) &(M)
Eluru District
Vunguturu
West Godavari, Andhra Pradesh, 554411
Phone: +91 9908941785
Email: cs@greenasiaimpex.com
Website: https://www.greenasiaimpex.com/

IPO Registrar

Bigshare Services Pvt.Ltd.
Phone: 8657578989/8069219065/8069219060
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html

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