GSP Crop Science
CLOSEDIPO Date: 16 Mar - 18 Mar 2026
Listing Date: 24 Mar 2026
Price Range
Rs.304 - Rs.320
Issue Size
400 Cr
Min Investment
₹13,984
Lot Size
46 Shares
Schedule of GSP Crop Science
Issue open date
16 Mar 2026
Issue close date
18 Mar 2026
UPI mandate deadline
18 Mar 2026 (5 PM)
Allotment finalization
20 Mar 2026
Share credit
23 Mar 2026
Listing date
24 Mar 2026
Mandate end date
2 Apr 2026
Issue size
| Funds Raised in the IPO | Amount |
|---|---|
| Overall | 400 Cr |
| Fresh Issue | 240 Cr |
| Offer for Sale | 160 Cr |
Allotment DetailsNew
| Allotment Timeline | Details |
|---|---|
| Allotment Date | 20 Mar 2026 |
| Allotment Link | {Link} |
Grey Market PremiumNew
Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.
| Date | Ipo Price | GMP | Estimated Listing Price |
|---|
Performance GSP Crop Science
| Issue Price | Listing Gain | Current Market Price | P/L |
|---|---|---|---|
| Rs.304 - Rs.320 | ₹ 1460 (2.5%) | ₹ 355.25 | 11.02% |
About GSP Crop Science
GSP Crop Science Limited is an India-based agrochemical company engaged in the development and manufacturing of crop protection products such as insecticides, herbicides, fungicides, and plant growth regulators. The company has been operating in the agrochemical industry since 1985 and focuses on research and development of crop protection solutions used in agriculture. The company operates through two main product segments: formulations and technicals. Formulations are products that combine active ingredients with additives to improve performance, stability, and ease of use and may be available in solid or liquid forms. Technicals are concentrated forms of active ingredients that are further processed to produce formulated crop protection products. Its products are supplied in India through both business-to-business (B2B) and business-to-customer (B2C) channels and are also exported to international markets. The company operates five manufacturing facilities located in Odhav and Kathwada in Ahmedabad, Nandesari in Vadodara, Saykha in Dahej, and Samba in Jammu and Kashmir. These facilities manufacture technicals, formulations, and intermediates used in agrochemical production.
| Founded in | 1985 |
| Managing director | Mr. Bhavesh Vrajmohan Shah |
| Parent organization |
Financial Overview
Strengths
- Research-driven agrochemical company with over four decades of industry experience.
- Diversified product portfolio including insecticides, herbicides, fungicides and plant growth regulators.
- Integrated business model with both technical and formulation segments.
- Strong focus on research and development supported by product registrations and patents.
- Established manufacturing footprint with multiple production facilities in India.
Risks
- Business performance is linked to the agrochemical industry and agricultural demand cycles.
- Operations are subject to strict regulatory approvals and environmental compliance.
- Foreign exchange fluctuations may impact export revenues and costs.
- Raw material price volatility could affect operating margins.
- Exposure to competitive pressures in the agrochemical industry.
Subscription Figures
| Category | Subscription (No. of times) |
|---|---|
| Qualified Institutional Buyers (QIBs) | 2.66 |
| Non-Institutional Investors (NIIs) | 3.05 |
| Retail Individual Investors (RIIs) | 0.4 |
| Employee | N/A |
| Total | 1.6 |