GSP Crop Science GMP IPO Date, Review, Price, Allotment Details
GSP Crop Science IPO Summary
IPO Open Date: 16 Mar 2026
IPO Close Date: 18 Mar 2026
Price Band: ₹304 to ₹320 Per Share
Issue Size: Approx ₹400 Crores
Listing Exchange: BSE NSE
Website: http://www.gspcrop.in
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.
GSP Crop Science IPO Details
| Company Name | GSP Crop Science Ltd |
| IPO Open Date | 16 Mar 2026 |
| IPO Close Date | 18 Mar 2026 |
| Face Value | ₹10 Per Equity Share |
| Price Band | ₹304 to ₹320 Per Share |
| Issue Size | Approx ₹400 Crores |
| Fresh Issue | Approx ₹240 Crores |
| Offer for Sale | Approx 50,00,000 Equity Shares |
| Issue Type | Book build Issue |
| Listing On | BSE, NSE |
GSP Crop Science IPO Market Lot
The GSP Crop Science IPO minimum market lot is 46 shares with ₹14,720 application amount. The retail investors can apply up-to 13 lots with 598 shares of ₹1,91,360 amount.
| Category | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 46 | ₹14,720 |
| Retail Maximum | 13 | 598 | ₹1,91,360 |
| S-HNI Minimum | 14 | 644 | ₹2,06,080 |
| S-HNI Maximum | 67 | 3,082 | ₹9,86,240 |
| B-HNI Minimum | 68 | 3,128 | ₹10,00,960 |
GSP Crop Science IPO Reservation
| Investor Category | Shares Offered | % of Issue |
|---|---|---|
| Anchor Investor | 37,50,000 Shares | -% |
| QIB (Ex. Anchor) | – Shares | 50% |
| NII / HNI | – Shares | 15% |
| Retail | – Shares | 35% |
Anchor Bidding Date: 13 Mar 2026
Anchor Issue Size: 120 Cr.
30 Days Lock-in: 19 Apr 2026
90 Days Lock-in: 18 Jun 2026
GSP Crop Science IPO Dates & Allotment
The GSP Crop Science IPO date is March 16 and the close date is March 18. The GSP Crop Science IPO allotment will be finalized on March 20 and the IPO listing on March 24.
| IPO Opening Date | 16 Mar 2026 |
| IPO Closing Date | 18 Mar 2026 |
| Bidding Cutoff Time | 5 PM |
| Basis of Allotment | 20 Mar 2026 |
| Refunds Initiation | 23 Mar 2026 |
| Credit to Demat | 23 Mar 2026 |
| IPO Listing Date | 24 Mar 2026 |
GSP Crop Science IPO Objects of the Issue & Utilization of Proceeds
| Description | Amount |
|---|---|
| Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company | ₹170 |
| General Corporate Purpose | ₹- |
GSP Crop Science Ltd Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹1206.05 | ₹1182.72 | ₹21.55 | ₹1132.13 |
| 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 |
GSP Crop Science IPO Valuation
Check GSP Crop Science IPO valuations detail like Earning Per Share (EPS), Price/Earning P/E Ratio, Return on Net Worth (RoNW), and Net Asset Value (NAV) details.
| Parameter | Value |
|---|---|
| Earnings Per Share (EPS) | ₹21.20 (Basic) |
| P/E Ratio | N/A |
| Return on Equity (ROE) | 18.38% |
| Return on Capital Employed (ROCE) | 19.80% |
| Return on Net Worth (RoNW) | 18.38% |
| Net Asset Value (NAV) | ₹115.34 |
| EBITDA Margin | 12.74% |
| PAT Margin | 6.26% |
| Debt to Equity Ratio | 0.58 |
GSP Crop Science IPO Peer Group Comparison
| Company | EPS | P/E | RoNW % | NAV | Total Income |
|---|---|---|---|---|---|
| PI Industries Limited | 109.44 | 28.25 | 16.35% | 669.47 | 7,977.80 Cr. |
| Sumitomo Chemical India Limited | 10.13 | 39.23 | 17.42% | 58.12 | 3,148.52 Cr. |
| Dhanuka Agritech Limited | 65.55 | 15.13 | 21.18 | 311.17 | 2,035.15 Cr. |
| Rallis India Limited | 6.43 | 40.12 | 6.61% | 97.92 | 2,662.94 Cr. |
| Bharat Rasayan Limited | 339.14 | 4.14 | 12.47% | 2,719.44 | 1,173.00 Cr. |
| India Pesticides Limited | 7.14 | 21.57 | 9.15% | 78.01 | 828.61 Cr. |
| Excel Industries Limited | 67.87 | 13.13 | 5.37% | 1,263.83 | 978.07 Cr. |
| Heranba Industries Limited | 0.77 | 252.92 | 0.37% | 210.13 | 1,409.73 Cr. |
GSP Crop Science IPO Promoters & Holding Pattern
The promoters of the company are Bhavesh Vrajmohan Shah, Tirth Kenal Shah, Vilasben Vrajmohan Shah, Falguni Kenal Shah, Alpha Trust, and Kappa Trust.
| Particulars | Shares | % Share |
|---|---|---|
| Promoter Holding Pre Issue | 3,90,18,750 | 98.32% |
| Promoter Holding Post Issue | 4,65,18,750 | -% |
GSP Crop Science IPO Lead Managers (Merchant Bankers)
- Equirus Capital Pvt. Ltd.
- Motilal Oswal Investment Advisors Ltd.
About GSP Crop Science Ltd
GSP Crop Science is a leading Indian agrochemical company specialized in the manufacturing and distribution of a diverse range of crop protection products including herbicides, insecticides, and fungicides. Established in 1985, the firm emphasizes research and development to deliver innovative agricultural solutions. With a strong presence in both domestic and international markets, the company is dedicated to enhancing farmer productivity through sustainable chemical technologies.
GSP Crop Science Ltd Address
Navrangpura, Ahmedabad, Gujarat, 380009Phone: +91 79 61915165
Email: [email protected]
GSP Crop Science IPO Registrar
MUFG Intime India Pvt. Ltd.
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html