Green Asia Impex Ltd IPO

Export-grade processing facilities compliant with global standards.

We have strong long-standing relationships with customers both in India and abroad.

Trader-cum-commission agent network supporting procurement.

Diversification across shrimp and chilli businesses with different product cycles.

The company intend to utilize a portion of the Net proceeds for setting up the Proposed Seafood ProcessingFacility at Chinnayagudem, Andhra Pradesh. The company is yet to place orders for the machinery for theexpansion of the proposed seafood processing facility. Any delay in placing orders or procurement ofsuch machinery may delay the schedule of implementation and possibly increase the cost ofcommencing operations.

The company does not have a formal hedging policy and accordingly, faces foreign exchange risks that couldadversely affect its results of operations and cash flows.

The company is subject to strict quality requirements, and regulatory and customer inspections. Any failures tocomply with quality standards may lead to cancellation of existing and future orders and could havea material adverse effect on the companys business, financial condition, results of operations and prospects.

The company has had negative cash flows in the past and may have negative cash flows in the future.

The Company, Director(s), Promoter(s) and Key Managerial Personnel and Senior Management areparties to certain legal proceedings. Any adverse decision in such proceedings may have a materialadverse effect on the companys business, results of operations and financial condition.

The company has certain contingent liabilities, which if they materialise, may adversely affect its financialcondition, cash flows and results of operations.

The companys contingent liability relating to an income tax demand is material in relation to the companys net worth and,if it crystallizes, may adversely affect its financial position

A substantial portion of the companys current assets comprises trade receivables, and any delay in collection orfailures to recover such receivables may adversely affect its cash flows, working capital andprofitability.

The companys business operations require significant working capital. If the company experiences insufficient cash flowsto meet required payments on the companys working capital requirements, there may be an adverse effect on theresults of its operations.

The companys business is working capital intensive and dependent on external borrowings, which expose the company toliquidity and interest rate risks.