The CMR Green Technologies IPO subscription opened on June 3, 2026, and will close on…
GSP Crop Science IPO Subscription & GMP Update
The GSP Crop Science IPO is a ₹400 crore mainboard IPO that opened on March 16, 2026 and closes on March 18, 2026.
As the IPO reaches its final day, investor response has improved, mainly driven by institutional investors, while retail participation remains lower.
GSP Crop Science IPO Subscription Status (Day 2)
| Category | Subscription (Times) |
|---|---|
| QIB (Qualified Institutional Buyers) | 1.28x |
| NII (Non-Institutional Investors) | 2.33x |
| Retail Investors | 0.20x |
| Total Subscription | 0.96x |
By the end of Day 2, the IPO was subscribed 96% overall, showing strong interest from QIB and NII segments.
GSP Crop Science IPO GMP Today
| GMP | Estimated Listing Price | Sentiment |
|---|---|---|
| ₹0 | Around ₹320 | Neutral |
The Grey Market Premium (GMP) is currently ₹0, indicating expectations of a flat listing near issue price.
GSP Crop Science IPO Details
| Details | Information |
|---|---|
| IPO Open Date | March 16, 2026 |
| IPO Close Date | March 18, 2026 |
| Price Band | ₹304 – ₹320 per share |
| Issue Size | ₹400 Crores |
| Lot Size | 46 Shares |
| Listing Exchange | BSE & NSE |
The GSP Crop Scienece IPO includes a mix of fresh issue (₹240 Cr) and offer for sale (₹160 Cr).
IPO Timeline (Expected)
| Event | Date |
|---|---|
| Allotment Date | March 20, 2026 |
| Refund Initiation | March 23, 2026 |
| Shares Credit | March 23, 2026 |
| Listing Date | March 24, 2026 |
These dates may vary slightly depending on final processing.
Important Note for Investors
- Strong demand from NII and QIB investors
- Retail participation is still low
- GMP suggests no strong listing gain
- Always check company fundamentals before investing
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