Green Asia Impex came to market through an SME IPO that opened on 24 September 2026 and closed on 1 October 2026, and the shares listed on 7 October 2026 on the NSE. The price band was ₹84 to ₹89 per share and one lot was 1600 shares, so the minimum application was ₹1,42,400. The issue size was ₹60.1 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.
It listed at ₹89, flat against the issue price of ₹89. Bigshare Services Pvt.Ltd. was the registrar to the issue, and Indorient Financial Services Ltd was the lead manager.
The issue was subscribed 1.09 times overall.
Green Asia Impex Limited was incorporated in the year 2014. It is involved in sourcing, processing, manufacturing and exporting frozen shrimps and dried chillies. The company processes and exports frozen fish and agri-commodities including frozen shrimps and dried chillies. B2B customers including importers, distributors and food processors are its clients. Product Portfolio: Shrimps: They are involved in the sourcing, processing and export of shrimps for domestic and foreign markets. Dried Chillies:
They are involved in the sourcing, processing and export of dried chillies for domestic and foreign markets. The Company has presence in both shrimp processing and chilli trading business lines, thus offering diversified portfolio in agri-export.
In shrimp, they process and export Vannamei, Black Tiger and fresh water species in the form of HOSO, HLSO and PD respectively.The company currently operates a semi-automated shrimp processing plant located at Unguturu, Andhra Pradesh (1,838.76 sqm) with installed capacities of 7,200 MTPA (block freezing) and 3,600 MTPA (IQF). For expansion purposes, the company plans a new plant at Chennayagudem (4,955.69 sqm) with additional capacity of 16,200 MTPA. As on August 31, 2026, there were 136 permanent employees.
As described in the offer document.
Pasupuleti Venkata Ramarao, Pasupuleti Meenakshi. Promoter holding 94.65% before the issue and 64.87% after.
Work out the listing gain for this SME IPO
If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.
The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.
Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.
Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.
For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.
₹84 to ₹89 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.
One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,42,400. After listing, SME shares also trade in lots rather than one share at a time.
₹1,42,400, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.
It opened on 24 September 2026 and closed on 1 October 2026.
The basis of allotment was published on 5 October 2026 by Bigshare Services Pvt.Ltd., and allotted shares were credited to demat accounts before listing.
The shares listed on 7 October 2026 on the NSE, opening at ₹89.
The issue size was ₹60.1 crore. The fresh issue was 59,00,000 shares (aggregating up to ₹52.46 crore). The offer for sale was 7,72,800 shares (aggregating up to ₹6.88 crore).
It listed at ₹89 against an issue price of ₹89, a gain of 0 percent on listing day.