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Green Asia Impex IPO: Rs 60 Crore NSE SME Issue Open Now

By Business DeskGreen Asia Impex IPO: Rs 60 Crore NSE SME Issue Open Now

Green Asia Impex opens its Rs 60 crore IPO on NSE SME. Check price band (Rs 85-90), dates, lot size, and financial details before investing.

Green Asia Impex Ltd. has announced an initial public offering totaling Rs 60 crore on the NSE SME platform, featuring a fresh issue alongside an offer for sale. The subscription window runs from September 24 to September 28, 2026, with a tentative listing scheduled for October 1, 2026.

IPO Structure and Pricing Details

  • Total issue size: Rs 60 crore
  • Fresh issue: Rs 53 crore
  • Offer for sale: Rs 7 crore
  • Price band: Rs 85 to Rs 90 per share
  • Lot size: 1,600 shares

The company operates a semi-automated facility in Andhra Pradesh, focusing on the processing and export of frozen seafood, primarily shrimp, and agricultural commodities like dried chillies. International markets span the USA, the European Union, and China.

Financial Performance and Risk Factors

  • FY26 revenue: Rs 383.80 crore
  • Profit after tax: Rs 15.61 crore

Proceeds from the offering are primarily designated to fund capital expenditure for a new seafood processing facility. Investors should account for risks including geographic concentration in China and execution challenges regarding the new facility.

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