GSP Crop Science IPO
GSP Crop Science IPO
Overview
GSP Crop Science IPO is a book build issue of ₹400.00 crores. The issue is a combination of fresh issue of 0.75 crore shares aggregating to ₹240.00 crores and offer for sale of 0.50 crore shares aggregating to ₹160.00 crores. GSP Crop Science IPO opens for subscription on Mar 16, 2026 and closes on Mar 18, 2026. The allotment for the GSP Crop Science IPO is expected to be finalized on Mar 20, 2026. GSP Crop Science IPO will list on BSE, NSE with a The tentative listing date fixed as Mar 24, 2026. GSP Crop Science IPO is set issue price band at ₹304 to ₹320 per share. The lot size for an application is 46. The minimum amount of investment required by an retail is ₹14,720 (46 shares) (based on upper price). The lot size investment for sNII is 14 lots (644 shares), amounting to ₹2,06,080, and for bNII , it is 68 lots (3,128 shares), amounting to ₹10,00,960. Equirus Capital Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue.
Total Shares
1,25,00,000
Issue Size
₹240 Cr
Price Band
₹304 – ₹320
Lot Size
46 shares
Min. Investment
₹14,720
Max. Investment
₹1,91,360
Open Date
16 Mar, 2026
Close Date
18 Mar, 2026
Allotment
20 Mar, 2026
Listing
24 Mar, 2026
Max. Investment
₹1,91,360
Announced
16 Mar, 2026
Opening Date
16 Mar, 2026
Closing Date
18 Mar, 2026
Basis of Allotment
20 Mar, 2026
Initiation of Refunds
23 Mar, 2026
Credit of Shares
23 Mar, 2026
Listing Date
24 Mar, 2026
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About GSP Crop Science IPO
Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in the business of manufacturing insecticides, herbicides, fungicides and plant growth regulators.
The company provides crop protection solutions to help farmers increase productivity, offering formulations (active ingredients and additives) and technicals (concentrated active ingredients) for effective pest, weed, and disease control.
The company offers a diverse portfolio of in-house manufactured a
GSP Crop Science IPO Share Price
Issue Breakdown
Shareholding
Dilution: 19.2% increase in shares
GSP Crop Science IPO Financial Health
GSP Crop Science IPO Lot Size
Investors can bid for a minimum of 46 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,720 |
| Retail (Max) | 13 | 598 | ₹1,91,360 |
| S-HNI (Min) | 14 | 644 | ₹2,06,080 |
| S-HNI (Max) | 67 | 3082 | ₹9,86,240 |
| B-HNI (Min) | 68 | 3128 | ₹10,00,960 |
(All values in CR)
GSP Crop Science IPO Valuations
| Metric | Value |
|---|---|
| ROE | 15.62 |
| ROCE | 15.45 |
| Debt/Equity | 0.55 |
| PAT Margin | 9.56 |
| EBITDA Margin | 16.45 |
(All values in CR)
GSP Crop Science IPO Strength & Risk
GSP Crop Science IPO Strengths 👍
Diversified agrochemical product portfolio including insecticides, herbicides, fungicides, and plant growth regulators
Strong research and development capabilities supporting new product development
Large number of product registrations providing regulatory and technological advantage
Established relationships with distributors and customers in domestic and international markets
Presence in multiple export markets with a diversified revenue base
Modern manufacturing facilities with significant production capacity
Experienced promoters and management team with strong industry expertise
GSP Crop Science IPO Risks ⚠️
Business subject to strict regulatory approvals and product registration requirements
Profitability affected by fluctuations in raw material prices
Dependence on a limited number of suppliers for key raw materials
Exposure to foreign exchange fluctuations due to export and import activities
Reliance on imported raw materials may create supply chain risks
Highly competitive agrochemical industry with established global players
Demand influenced by agricultural cycles, weather conditions, and crop patterns
GSP Crop Science IPO Subscriptions Status
GSP Crop Science IPO subscribed 1.64 times. The public issue subscribed 0.42 times in the retail category, 2.66 times in QIB (Ex Anchor), and 3.14 times in the NII category by March 18, 2026 5:14:38 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Anchor | 1.00 | 37,50,000 | 37,50,000 | 120 |
| QIB (Ex Anchor) | 2.66 | 25,00,000 | 66,46,356 | 212.683 |
| NII | 3.14 | 18,75,000 | 58,89,840 | 188.475 |
| bNII (> ₹10L) | 4.11 | 12,50,000 | 51,40,224 | 164.487 |
| sNII (< ₹10L) | 1.20 | 6,25,000 | 7,49,616 | 23.988 |
| Retail | 0.42 | 43,75,000 | 18,25,648 | 58.421 |
| Total | 1.64 | 87,50,000 | 1,43,61,844 | 459.579 |
GSP Crop Science IPO GMP
GSP Crop Science IPO last GMP is ₹0, last updated Mar 18th 2026 04:54 PM. With the price band of 320.00, GSP Crop Science IPO's estimated listing price is ₹320 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 18 Mar, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 18 Mar, 2026 | 320 | ₹0 | - | ₹320 (0.00%) | - | 18 Mar, 2026 |
| 17 Mar, 2026 | 320 | ₹0 | - | ₹320 (0.00%) | - | 17 Mar, 2026 |
| 16 Mar, 2026 | 320 | ₹0 | - | ₹320 (0.00%) | - | 16 Mar, 2026 |
| 15 Mar, 2026 | 320 | ₹0 | - | ₹320 (0.00%) | - | 15 Mar, 2026 |
| 14 Mar, 2026 | 320 | ₹0 | - | ₹320 (0.00%) | - | 14 Mar, 2026 |
| 13 Mar, 2026 | 320 | ₹0 | - | ₹320 (0.00%) | - | 13 Mar, 2026 |
| 12 Mar, 2026 | 320 | ₹0 | - | ₹320 (0.00%) | - | 12 Mar, 2026 |
| 11 Mar, 2026 | 0 | ₹0 | - | ₹ (%) | - | 11 Mar, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for GSP Crop Science IPO
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Go to IPO Section
Find GSP Crop Science IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
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Provide your UPI ID linked to your bank account and submit the application.
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Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.