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GSP Crop Science IPO

IPO Details

IPO Date16 to 18 Mar, 2026
Listing DateTue, Mar 24, 2026
Face Value₹ 10 per share
Price Band₹304 to ₹320
Lot Size46 Shares
Sale TypeFresh capital cum OFS
Issue TypeBookbuilding IPO
Listing AtBSE, NSE
Total Issue Size1,25,00,000 shares (agg. up to ₹ 400 Cr)
Fresh Issue75,00,000 shares (agg. up to ₹ 240 Cr)
Offer for Sale50,00,000 shares of ₹ 10 (agg. up to ₹ 160 Cr)
Share Holding Pre Issue3,90,18,750 shares
Share Holding Post Issue4,65,18,750 shares
BSE Script Code / NSE Symbol/ GSPCROP
ISININE713R01022

IPO Subscription Details

Anchor1
QIB (Ex Anchor)2.66
NII3.14
bNII (> ₹10L)4.11
sNII (< ₹10L)1.20
Retail0.42
Total **1.64

IPO Important Dates

IPO OpenMon, Mar 16, 2026
IPO CloseWed, Mar 18, 2026
AllotmentFri, Mar 20, 2026
RefundMon, Mar 23, 2026
Credit of SharesMon, Mar 23, 2026
ListingTue, Mar 24, 2026

IPO Lot Size

Retail (Min)146₹14,720
Retail (Max)13598₹1,91,360
S-HNI (Min)14644₹2,06,080
S-HNI (Max)673,082₹9,86,240
B-HNI (Min)683,128₹10,00,960

Key Performance Indicator

ROE15.62%
ROCE15.45%
Debt/Equity0.55
PAT Margin9.56%
EBITDA Margin16.45%
Price to Book Value

Information about company

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 agrochemicals, providing crop protection solutions through the development, manufacturing, supply, and distribution of Formulations and Technicals to meet customer needs.

The company have served customers spread across 20 states in India in the six months ended September 30, 2025 and Fiscals 2025, 2024 and 2023.

The company's international business is spread across 37 countries, including the United States of America, Uruguay, Brazil, Vietnam, Singapore, UAE and Australia during the six months ended September 30, 2025, Fiscals 2025, 2024 and 2023, including in Latin America, Asia Pacific (excluding India), North America and other geographies.

As of September 30, 2025 the company have received 524 registrations across Formulations and Technicals for agrochemicals. The company's research and development efforts over the years have led to being granted 102 patents, and also have 108 patent applications under process as of March 10, 2026.

The company invests in R&D to develop and improve Formulations and Technicals, with dedicated facilities in Kathwada and Odhav for testing, commercialization, and producing complex chemistries for the agrochemical market.

Business Operations:

As of September 30, 2025, the company has 1,221 permanent employees.

Competitive Strengths:

Objectives of IPO

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company 170.00 2 General Corporate Purpose 50.32 Total 220.32

Disclaimer

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions.

We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application.

No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever

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Day Wise Sub

Mar 1 6 (Day 1)1.280.290.360.150.110.48
Mar 1 7 (Day 2)1.282.403.420.360.210.98
Mar 1 8 (Day 3)2.663.144.111.200.421.64

Day Wise GMP

24-03-2026320.002(0.62%)322
23-03-2026320.002(0.62%)322
22-03-2026320.002(0.62%)322
21-03-2026320.002(0.62%)322
20-03-2026320.000(0.00%)320
19-03-2026320.000(0.00%)320
18-03-2026320.000(0.00%)320
17-03-2026320.000(0.00%)320
16-03-2026320.000(0.00%)320
15-03-2026320.000(0.00%)320
14-03-2026320.000(0.00%)320
13-03-2026320.000(0.00%)320
12-03-2026320.000(0.00%)320
11-03-20260(%)(%)

IPO Reservation

QIB Shares Offered62,50,000 (50.00%)
− Anchor Investor Shares Offered37,50,000 (30.00%)
− QIB (Ex. Anchor) Shares Offered25,00,000 (20.00%)
NII (HNI) Shares Offered18,75,000 (15.00%)
− bNII > ₹10L12,50,000 (10.00%)
− sNII < ₹10L6,25,000 (5.00%)
Retail Shares Offered43,75,000 (35.00%)
Total Shares Offered1,25,00,000 (100.00%)