Green Asia Impex IPO Review, Financial Analysis & Valuation

In-depth editorial analysis, statutory financial disclosures, and peer valuation metrics to help you evaluate if the Green Asia Impex IPO is good or bad.

Business Overview

Founded in 2014, Green Asia Impex has been involved in sourcing, processing, manufacturing, and exporting frozen shrimps and dried chillies. Its product range includes exporting frozen seafood, mainly shrimps, and agri-commodities like red chillies to domestic and international markets.

Financial Performance

Period EndedRevenueExpensePATAssets
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

Peer Comparison & Valuation

Compare the valuation of Green Asia Impex against its listed industry peers to determine if the issue price is justified.

CompanyEPSPE RatioRoNW %NAVIncome
Apex Frozen Foods Limited12.4329.167.60%168.96– Cr.
Kings Infra Ventures Limited6.5917.2120.37%35.47– Cr.
Essex Marine Limited4.634.4022.85%26.25– Cr.

Should you apply for the Green Asia Impex IPO?

Determining whether the Green Asia Impex IPO is good or bad requires evaluating the company's financial growth trajectory, the sector's macroeconomic tailwinds, and the premium demanded by the promoters in the price band.

  • Review the PAT (Profit After Tax) margins in the financials table above to ensure profitability is not artificially inflated just before the IPO.
  • Examine the P/E Ratio in the peer comparison section. A lower P/E relative to industry peers may indicate an undervalued issue.
  • Monitor the QIB subscription data on the final day, as heavy institutional buying is a strong indicator of smart-money confidence.