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GSP Crop Science Ltd

IPO Details · GMP · Subscription · Financials

✅ Listed NSE & BSE Mainboard Live Chart
Issue Price
₹320
Per Share
GMP
NIL
Grey Market
Est. Listing
₹320
Expected Price
Min. Application
₹29,440
2 lots × 46 shares
IPO Issue Details
Issue Price / Price Band₹320 per share (Fixed Price)
Face Value₹10 Per Share
Lot Size46 Shares per Lot
Total Issue Size1,25,00,000 shares (agg. up to ₹400 Cr)
Issue TypeBookbuilding IPO
Sale Type / CategoryFresh Capital & OFS
Exchange / PlatformNSE & BSE
IPO TypeMainboard
Subscription OpenMon, 16 Mar 2026
Subscription CloseWed, 18 Mar 2026
Anchor AllotmentFri, 13 Mar 2026
Basis of AllotmentFri, 20 Mar 2026
Initiation of RefundsMon, 23 Mar 2026
Credit of Shares to DematMon, 23 Mar 2026
Listing DateTue, 24 Mar 2026
UPI Mandate Deadline5:00 PM on 18 Mar 2026 (Day 3)
Application & Investment Details
Retail — Min (1 Lots)₹14,720 — 46 shares
Retail — Max (13 Lots)₹191,360 (13 Lots)
HNI — Min (3 Lots)₹44,160 — 138 shares
EPS (Pre-IPO)₹20.87
EPS (Post-IPO)₹21.22
P/E Ratio (Pre-IPO)15.34x
P/E Ratio (Post-IPO)9.18x
Pre-IPO Promoter Holding3,90,18,750 shares
Post-IPO Promoter Holding4,65,18,750 shares
Fresh Issue Shares75,00,000 shares (agg. up to ₹240 Cr)
Offer for Sale Shares50,00,000 shares of ₹10 (agg. up to ₹160 Cr)
About GSP Crop Science Ltd

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:Formulations: As of September 30, 2025, the company has 395 registrations for Formulations, composed of active ingredients and additives, available as solids or liquids, marketed under the company's brands or licenses.Technicals: As of September 30, 2025, the company has 129 registrations for Technicals, which are concentrated active ingredients processed with other ingredients to create products like insecticides, herbicides, and fungicides.As of September 30, 2025, the company has 1,221 permanent employees.Competitive Strengths:Well-diversified product portfolio including a wide range of insecticides, herbicides, fungicides, and plant growth regulators, making us a comprehensive solution provider for the customers.Catering to a large and diverse clientele both domestically as well as internationally.Strong in-house R&D capabilities with focus on innovation and product developmentRobust manufacturing facilities with ability to manufacture a wide range of products with a focus on sustainability.Led by qualified and experienced Promoters and supported by a professional management team

Objects of the Issue

GSP Crop Science Ltd proposes to utilise the net proceeds from the Issue for the following objects:

1
Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company
170.00
2
General Corporate Purpose
Shareholding & Lock-in
Pre-IPO Promoter Holding 3,90,18,750 shares
Post-IPO Promoter Holding 4,65,18,750 shares
Lock-in Period (30%)Sun, Apr 19, 2026
Check AllotmentCheck Status →
GSP Crop Science Ltd — Live Price LIVE
₹320.00
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Issue ₹320.00 Live Price
Quick Facts
GMP Signal ⚪ No GMP
StatusListed
Issue Price₹320
GMPNIL
Est. Listing₹320
Lot Size46 shares
Min Amount₹29,440
Listing Date24 Mar 2026
Disclaimer: GMP is unofficial and unregulated. It does not guarantee actual listing price.
Listing Performance
Issue Price₹320
Listing Date24 Mar 2026
Listing Price
Listing Gain/Loss—%
52-Week High
52-Week Low
Issue Structure & Reservation
Category Shares Offered % Issue Amount (₹ Cr)* Subscription
TOTAL 8,750,000 100.00% ₹280.00 Cr
* Based on ₹320.00 (upper price band)
Lot Size & Investment Details
Lot Size
46
Shares
Issue Price
₹320.00
Per Share
Min Investment
₹14,720
1 Lot
Category Lots Shares Amount (₹)
Retail (Min) 1 46 ₹14,720
Retail (Max) 13 598 ₹191,360
sNII (Min) 14 644 ₹206,080
bNII (Min) 68 3,128 ₹1,000,960
Company Financials — Restated Consolidated (Amount in ₹ Crore)
Particulars30 Sep 202531 Mar 202531 Mar 2024
Revenue from Operations 847.61 1301.06 1158.23
EBITDA 138.86 164.03 130.41
Profit After Tax (PAT) 81.07 81.42 55.54
Net Worth 529.85 450.03 370.46
Total Assets 1491.69 1228.50 980.34
Reserves & Surplus 490.84 411.02 344.46
Total Borrowings 321.13 295.60 235.44
Key Ratios & Valuation
Issue Price ₹320
Face Value ₹10 Per Share
P/BV N/A
RoE 15.62%
RoCE 15.45%
RoNW N/A
PAT Margin (%) 9.56%
EBITDA Margin (%) 16.45%
Debt / Equity 0.55
Company Details
Company
GSP Crop Science Ltd
Exchange
NSE & BSE
IPO Type
Mainboard IPO
Issue Type
Bookbuilding IPO
Face Value
₹10 Per Share
Script Code
N/A
Address
404, Lalita Complex, Rasala Road, Mithakhali Six Road, Navrangpura, Ahmedabad, Gujarat, 380009
Book Running Lead Managers
Equirus Capital Pvt.Ltd
Book Running Lead Manager (BRLM)
Motilal Oswal Investment Advisors Ltd
Book Running Lead Manager (BRLM)