An Integrated Shrimps and Dry Chillies Processing & Export Company Opens its IPO on September 24th, 2026

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Sep 23, 2026 - 18:00
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An Integrated Shrimps and Dry Chillies Processing & Export Company Opens its IPO on September 24th, 2026
“An Integrated Shrimps and Dry Chillies Processing & Export Company Opens its IPO on September 24th, 2026”
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23 Sep 2026
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An Integrated Shrimps and Dry Chillies Processing & Export Company Opens its IPO on September 24th, 2026

Integrated Shrimps

Mumbai (Maharashtra) [India], September 23: Green Asia Impex Limited, an agri-processing and export company engaged in the processing, domestic sale and export of shrimps and dry chillies, has announced the opening of its Initial Public Offering (IPO) on September 24th, 2026.

  • Fresh Issue: ₹ 53.10 Crore (At Upper Price Band)
  • Offer for Sale: ₹ 7.00 Crore (At Upper Price Band)
  • Issue Size: ₹ 60.10 Crore (At Upper Price Band)
  • Price Band: 85 – ₹ 90 Per Equity Share
  • Lot Size: 1,600 Equity Shares (Minimum bid of 2 lots i.e. 3,200 equity shares, and in multiples of 1,600 equity shares thereafter)
  • Proposed to be listed on the SME Platform of NSE (NSE Emerge)

Share Allocation & Issue Details

CategoryAllocation
QIB PortionNot more than 30% of the offer
Non-Institutional InvestorsNot less than 35% of the offer
Retail Individual InvestorsNot less than 35% of the offer

The net proceeds from the Issue will be utilized towards funding the capital expenditure for setting up the proposed seafood processing facility, including the purchase and installation of plant, machinery and equipment, and for general corporate purposes. The issue will close on September 28, 2026.

Indorient Financial Services Limited is the Book Running Lead Manager to the Offer and Bigshare Services Private Limited is the Registrar to the Offer.

Mr. Pasupuleti Venkata Rama Rao, Managing Director, Green Asia Impex Limited, said: “Over the years, Green Asia Impex has evolved from a dry chillies export business into an integrated agri-processing and export company with an established presence across both shrimps and dry chillies.

PNN (This story has been published from a syndicated feed, agency source, or press release. NewsWaala Team may not have edited or verified the content independently.)