IPO Guru
Bajaj
Listed SME

Green Asia Impex SME IPO Review

Green Asia Impex SME IPO has been reviewed by 1 analyst, and the overall consensus is May Apply — carrying a score of 60. Out of the 1 analysts who have covered this IPO, 0 recommend subscribing while 1 advises caution or avoidance — reflecting a mixed view from the analyst community.

The issue is priced in the band of ₹84-89 per share, with a minimum application size of 1600 shares (minimum investment of approximately ₹142,400 at the upper band). Subscription ran from 24 Sep 2026 to 01 Oct 2026. The issue size is ₹60 crore, a mix of fresh issue and offer for sale. Scroll down for the full analyst breakdown and analyst-wise verdicts.

Abhishek Vohera, Founder of IPO Guru Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated Figures sourced from the RHP, BSE & NSE

Analyst verdict & score

One score out of 100, aggregated from every analyst verdict tracked for this issue. How it's calculated

Sentiment score
60/ 100
May Apply 0 of 1 recommend subscribing
How analysts voted
May apply 1
Not rated 1

Higher consensus indicates broader analyst agreement.

Detailed review

What the analyst reports say, grouped by the question you're likely asking.

General review

Green Asia Impex processes and exports frozen shrimp and dried chillies, with shrimp at about 88% of FY26 revenue. Total income was ₹389 crore and profit ₹15.6 crore in FY26, up from ₹6.7 crore in FY24. Coverage is thin at one note, and that note gave no rating, so there is no analyst consensus.

Listing gains

The one note puts the issue at about 12.3 times FY26 earnings post-issue and 3.2 times book, and calls this reasonable against peers it cites at about 4 to 29 times. One source with no rating is a limited basis for a listing view, and the note itself stops short of a call.

Short-term strategy

Most of the fresh issue will fund a new seafood processing facility in Andhra Pradesh. The note flags that orders for its plant and machinery are yet to be placed, creating execution risk. Borrowings rose to ₹99 crore in FY26 from ₹75 crore a year earlier. EBITDA margin improved to 6.57% from 6.14%, which the note ties to lower material costs.

Long-term strategy

The note sees growth potential from added capacity and export demand. Against that, it lists heavy export exposure to China, dependence on domestic shrimp sales and customer concentration. It asks for close monitoring of project execution and overseas risks rather than making a long-term call, so the case depends on the new facility being delivered.

How this is written: an AI-assisted summary of the 2 analyst reports listed below. It reports their views; IPO Guru does not make buy or sell recommendations.

Advertisement

Analyst reviews

Ordered by each analyst's track record over the past year; analysts still building one are listed last.

Analyst Verdict Report
Not Rated PDF
May Apply PDF

Latest IPO reviews

How analysts rated the most recent mainboard issues — and, where they have listed, how the call played out.

Frequently asked

Should I apply for Green Asia Impex SME IPO?

The analyst consensus for Green Asia Impex SME IPO tracked on this page is May Apply, with a score of 60/100. Out of 1 analyst who have reviewed this IPO, 0 recommend subscribing. IPO Guru does not make buy or sell recommendations. Read the individual analyst reports and consult a SEBI-registered advisor before investing.

What does the score of 60 mean for Green Asia Impex SME IPO?

The score of 60 is an aggregate of all analyst ratings tracked for Green Asia Impex SME IPO. A score in this range reflects mixed views — some analysts are positive while others are cautious. Read the individual analyst verdicts above for more context.

What was the actual listing price of Green Asia Impex SME IPO?

Green Asia Impex SME IPO listed on October 7, 2026 at ₹89, against the issue price of ₹89 — a gain of +0% (₹0 per share). View the full GMP history page for day-wise pre-listing trends.

What is the price band and lot size of Green Asia Impex SME IPO?

Green Asia Impex SME IPO was priced at ₹84-89 per share. The minimum lot size is 1600 shares, making the minimum investment approximately ₹142,400 at the upper end of the price band. Subscription ran from 24 Sep 2026 to 01 Oct 2026.

Explore Green Asia Impex SME IPO further

Analyst views are one input. Read them alongside the demand, the grey market and the filings before you decide.

Green Asia Impex SME IPO review

A verdict is an opinion, not a guarantee.

IPO Guru collects analyst views, GMP, subscription and allotment for every Mainboard and SME issue. Weigh them together — and against the offer document — before you apply.

Join the WhatsApp channel Full IPO details

Disclaimer: Grey Market Premium (GMP) is for information purposes and is not a guarantee of listing price. Always consult your financial advisor before investing.

Consensus
May Apply
Score
60 / 100
Listed at
₹89
Full IPO details
Advertisement