Table of Contents
Buy/Sell Your Unlisted Shares
Submit the details below to share a quote.
Bidding for the GSP Crop Science IPO started on March 16,2026 and will end on March 18,2026.
The GSP Crop Science allotment is projected to end on March 20,2026. The IPO will be listed on March 24,2026.
The offering is made up of fresh share sale of 1,25,00,000 equity shares worth ₹240.00 crore. And, they have an Offer to Sell 75,00,000 shares which are worth ₹160 crores.
GSP Crop Science IPO Details
Particulars | Details |
IPO Date | 16 to 18 March 2026 |
Listing Date | Tuesday, March 24, 2026 |
Face Value | ₹10 per share |
Price Band | ₹304 to ₹320 |
Lot Size | 46 shares |
Listing at | BSE/NSE |
IPO Lot Size:
Investors can bid for a minimum of 46 shares and in multiples there of:
Application | Lot | 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 |
IPO Reservation on Day-1
As of Day-1 closed yesterday, the real subscription numbers include:
Category | Shares offered | Subscribed (Times) |
QIB (Ex-Anchored) | 25,00,000 | 1.28x |
NII | 18.75,000 | 0.86x |
Retail | 43,75,000 | 0.14x |
Understanding QIB allocation:
QIB Sub category | Shares |
Anchor Investors | 37,50,000 (30% of total) |
QIB ( Ex-Anchor) | 25,00,000 (20% of total) |
Total QIB | 62,50,000 ( 50% of total) |
GSP Crop Science IPO GMP
The grey market premium (GMP) is reported at ₹0 over the IPO price.
About GSP Crop Science
GSP Crop Science Limited was started in 1985.
It is an agro-chemical company that makes products to protect farmer interest by saving their produce. They make fungicides, insecticides, herbicides, and plant growth regulators to protect their plants.
It makes two types of products- one is technical and other one formulations.
The company sells its products to customers in 20 states across India and has also expanded its business to 37 countries worldwide, including USA, Brazil, Uruguay, Singapore, Vietnam, and Australia.
Products and Registration
As of September 30, 2025, the company received 524 government registrations for its agrochemical products.
Out of these, 129 are for technicals and 395 are for formulations.
It has been granted 102 patents and has 108 more patent applications in process as of March 10,2026.
People and Workforce
The company employs more than 1000 employees, all permanently employed as of September 30,2025. All working with the same goals.
Research and Development
GSP Crop Science invests heavily in R&D with its dedicated facilities in Kathwada and Odhav. The team here works on testing, improving, and developing new agrochemical products.
GSP Crop Science IPO Company Financial Report
All the amount mentioned below are in ₹ crores
Period Ended | Revenue | Expense | PAT | Assets |
2024 | ₹1158.23 | ₹1081.67 | ₹61.29 | ₹980.34 |
2025 | ₹1301.06 | ₹1191.38 | ₹82.14 | ₹1228.50 |
Sep 2025 | ₹847.61 | ₹739.86 | ₹81.06 | ₹1491.69 |
Why GSP Crop Science Stands Out
The company stands out as:
1. Wide product range:
The company provides herbicides, insecticide, fungicides, and plant growth regulators, making it a one-stop solution for farmers.
2. Large customer base:
The company serves both Indian and international clients across many countries.
3. Strong R& D Team:
The company looks for growth and it aligns its actions for innovation and developing new products. It is a modern manufacturing plant which is capable of a wide variety of sustainable products that are eco-friendly.
4. Experienced Leadership:
The entire company GSP Crop is guided by skilled promoters and a professional management team.
GSP Crop Science IPO Objective of the Issue:
The company proposes to utilise the net proceeds from the issue with the following objective:
No | Issue Object | Estimated Amount (₹ Cr.) |
1 | General corporate purpose | ~ |
2 | Repayment or pre-repayment of certain or all outstanding amount that the company availed | 170 |
Total | 170 |
GSP Crop Science IPO Valuation-FY 2025
Net Asset Value | ₹ 115.34 |
ROE | 18.38% |
ROCE | 19.80% |
EBITDA Margin | 12.74% |
PAT Margin | 6.26% |
EPS | ₹21.20 |
Debt to Equity Ratio | 0.58 |
Conclusion
GSP Crop Science has always had no Grey Market Premium (GMP), which means that investors should not expect a big IPO. Equirius Capital and Motilal Oswal Investment Advisors are the main book running managers. On March 24, 2026 the company’s stock will be listed on both the NSE and BSE.
The IPO is currently under-subscribed overall, and unless Day-2 sees a strong surge from Retail and NII investors, it may struggle to reach full subscription before closing on March 18, 2026.
For updates on unlisted shares, you can visit Stockify.
FAQs
What is GSP Crop Science IPO?
GSP Crop Science IPO is a mainboard IPO. The company is raising ₹400 crore via IPO. The issue is priced at ₹304 to ₹320 per equity share.
When will GSP Crop Science IPO open for subscription?
This IPO will open on March 16, 2026 for QIB, NII, and retail investors.
What is the GSP Crop Science IPO Size?
The total size of the IPO is ₹400 crores.
What is GSP Crop Science IPO allotment date?
The minimum size of the IPO is 46 shares worth ₹14,720.
What is the GSP Crop Science IPO listing date?
GSP IPO Crop Science listing date is March 24, 2026. The IPO is to be listed on BSE and NSE.


1.jpg)

















































