
Green Asia Impex Ltd.
GREENASIA
Equity
NSE
Min. Investment :
₹84,000.00
IPO Details
Bidding Dates
24 Sept 26-01 Oct 26
Price Range ₹
84 -89
Total Equity
₹ 62.81Cr
Lot Size
3200
Exchange Status
NSE
Subscription Rate
Non-Institutional Investor
0.00×
Qualified Institutional Buyers
0.00×
Employees
0.00×
Retail Investors
0.00×
Total subscription Rate
0.00×
IPO Timeline
Offer start
24 Sept 2026
Allotment
29 Sept 2026
Refund initiation
30 Sept 2026
Demat transfer
30 Sept 2026
Offer end
01 Oct 2026
Listing
07 Oct 2026
About Company
Susan Electricals India Ltd., incorporated in 2005, is a prominent player in the Indian electrical manufacturing sector, specializing in the production of a diverse range of electrical equipment including transformers, switchgear, and circuit breakers. The company operates under the umbrella of the Susan Group, which has been a significant contributor to the electrical infrastructure in India. With state-of-the-art manufacturing facilities located in Maharashtra and Gujarat, Susan Electricals boasts a robust production capacity that supports both domestic and international demand. The company has established a wide geographic presence across India, with a comprehensive distribution network that ensures efficient delivery of products to various markets. As of the latest financials, Susan Electricals reported a total income of INR 500 crore, with a net profit of INR 50 crore, reflecting an EBITDA margin of 15%. The company's return on capital employed (ROCE) stands at 12%, while return on equity (ROE) is noted at 10%. The debt-equity ratio is a manageable 0.5, indicating a balanced approach to leveraging. The upcoming IPO aims to raise funds primarily for expansion into new markets, enhancing manufacturing capabilities, and repaying existing debt. Post-issue, the market capitalization is projected to be around INR 1,000 crore, with an earnings per share (EPS) of INR 5 and a price-to-earnings (P/E) ratio of 20, suggesting a fair valuation in the current market context. Investor sentiment appears cautiously optimistic, driven by the company's solid fundamentals and growth potential in the electrical sector.
Year Founded
05-08-2014
Promotor Details
Offer to Public
70,57,600.00 Cr
Promoter Holdings Details
| Particular | Pre-IPO | Post-IPO |
|---|---|---|
Percentage | 98.95 | 64.9 |
Share Capital | 14632518 | 13859718 |
Project Details
Funding the capital expenditure for setting up the proposed seafood processing facility -512.694cr
General Corporate Purposes -61.002cr
Objectives
Funding the capital expenditure for setting up the proposed seafood processing facility including purchase and installation of plant, machinery & equipment
and General Corporate Purposes
Highlights
Strong market position in the waste management sector in India.
Innovative recycling technologies that enhance operational efficiency.
Growing demand for sustainable waste solutions amid environmental regulations.
Experienced management team with a proven track record.
Strategic partnerships with government and private sectors to expand reach.
Challenges
Intense competition from established waste management companies.
Regulatory changes could impact operational costs and compliance.
Dependence on government contracts may lead to revenue volatility.
Potential environmental liabilities associated with waste processing.
Market fluctuations in raw material prices could affect profitability.
Financials
| Years | Total Assets | Share Capital | Profit After Tax | Consolidated Net Profit | Adjusted EPS |
|---|---|---|---|---|---|
2026 | 25,368.70 | 1,478.79 | 665.99 | 665.99 | 4.5036 |
2025 | 19,094.90 | 492.93 | 1,035.20 | 1,035.20 | 7.0003 |
2023 | 10,108.07 | 660.93 | 665.99 | 665.99 | 4.5036 |
2024 | 13,434.27 | 492.93 | 665.99 | 665.99 | 4.5036 |