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GSP Crop Science IPO

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BSE,NSE 16 March - 18 March 2026
GSP Crop Science Limited IPO is a book build issue of 400 Cr. The issue is a combination of fresh issue of 7500000 shares aggregating to 240 Cr and offer for sale of 5000000 shares aggregating to 160 Cr. GSP Crop Science Limited IPO opened for subscription on Mar 16, 2026 and closed on Mar 18, 2026. The allotment for the this IPO was finalized on Mar 20, 2026. IPO was listed on NSE and BSE on Mar 24, 2026. GSP Crop Science Limited IPO is set issue price band at ₹304 to ₹320 per share.

Current GMP

₹0 (0.00%)

Price Band

₹ 304 – 320

Lot Size

46

Issue Size

₹400 Cr

Minimum Investment

₹14720 (46 Shares)

Listing Date

24 March 2026

Subscription

1.61x

About the Company

Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in the manufacturing and supply of insecticides, herbicides, fungicides, and plant growth regulators. The company focuses on providing crop protection solutions that help farmers increase agricultural productivity and improve crop health.

The company develops, manufactures, and distributes Formulations and Technicals, which are used for the effective control of pests, weeds, and plant diseases. Its product offerings include both active ingredients and specialized additives designed to enhance crop protection.

GSP Crop Science has built strong and long-term relationships with domestic and international B2B customers, including several major agrochemical companies. This diversified customer base supports the company’s stable operations and resilience in changing market conditions.

As of September 30, 2024, the company has received 507 product registrations for its agrochemical portfolio and holds 89 patents. For the six months ended September 30, 2024, revenue generated from patented products amounted to ₹1,441.11 million, accounting for 20.73% of total revenue.

The company continuously invests in research and development (R&D) to develop new products and improve existing formulations and technicals. It operates dedicated R&D facilities in Kathwada and Odhav, which focus on product testing, commercialization, and the development of complex chemistries for the agrochemical industry.

Business Operations

1. Formulations
Formulations are finished agrochemical products composed of active ingredients combined with additives, designed for direct use in agriculture. These products are available in solid and liquid forms and are marketed under the company’s own brands or through licensed arrangements.
As of September 30, 2024, the company holds 387 registrations for formulations.

2. Technicals
Technicals are high-concentration active ingredients that serve as the base for producing various agrochemical products such as insecticides, herbicides, and fungicides. These technical materials are processed and combined with other ingredients to manufacture finished formulations.
As of September 30, 2024, the company holds 120 registrations for technical products.

Workforce

As of September 30, 2024, GSP Crop Science Limited employed 1,096 permanent employees, supporting its operations across manufacturing, research, marketing, and distribution.

Promoters

  1. Bhavesh Vrajmohan Shah
  2. Tirth Kenal Shah
  3. Vilasben Vrajmohan Shah
  4. Falguni Kenal Shah
  5. Alpha trust
  6. Kappa Trust
Promoters Holding

Holding Pre Issue

98.32%

Holding Post Issue

0.00%

Objects of the Issue

The Company GSP Crop Science IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.

  1. Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by our Company 
  2. General corporate purposes 

Address / Contact Info

GSP Crop Science Ltd.
404, Lalita Complex, Rasala Road,
Mithakhali Six Road,Navrangpura,
Ahmedabad, Gujarat, 380009
Phone: +91 79 61915165
Email: cs@gspcrop.com
Website: http://www.gspcrop.in/

IPO Snapshot

Face Value₹10 per share
Price Band₹ 304 – 320
Lot Size46
Issue TypeBook-building IPO
Sale TypeOffer For Sale
Fresh Issue₹ 240.00 Cr
Offer for Sale₹ 160.00 Cr
Total Issue Size₹ 400.00 Cr
Listing AtBSE,NSE
IndustryPesticides & Agrochemicals
SectorTrading
QIB Quota27.94%
BNII Quota14.41%
SNII Quota7.21%
Retail Quota50.44%

Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.

Frequently Asked Questions

Everything you need to know before applying to an IPO.

GSP Crop Science IPO is a Book-building IPO worth ₹400 crores. The price band is ₹304 to 320 per share. The IPO opens on Mon, Mar 16, 2026 and closes on Wed, Mar 18, 2026. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.

The GSP Crop Science IPO opens on Mon, Mar 16, 2026 and closes on Wed, Mar 18, 2026

GSP Crop Science IPO Price Band is ₹304 to 320.

GSP Crop Science IPO lot size is 46, and the minimum amount required for application is ₹14720.

The minimum investment for GSP Crop Science IPO is approximately ₹14720 based on the upper price band.

To apply for the GSP Crop Science IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Wed, Mar 18, 2026. After submission, funds are blocked until the basis of allotment of GSP Crop Science IPO is finalised.

GSP Crop Science IPO issue size is ₹400 crores.

GSP Crop Science IPO allotment date is Sat, Jun 27, 2026.

The registrar for GSP Crop Science IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to GSP Crop Science IPO through their official website or helpline.