GSP Crop Science Limited Links 
Allotment
The GSP Crop Science IPO is a book-built issue worth ₹400.00 crores. The offering comprises a fresh issue of 0.75 crore shares aggregating to ₹240.00 crores and an offer for sale (OFS) of 0.50 crore shares aggregating to ₹160.00 crores.
The IPO opens for subscription on March 16, 2026, and closes on March 18, 2026. The basis of allotment is expected to be finalized on March 20, 2026. The shares are proposed to be listed on the BSE and NSE, with a tentative listing date of March 24, 2026.
The price band for the GSP Crop Science IPO is set at ₹304 to ₹320 per share. The minimum lot size is 46 shares. Retail investors are required to invest a minimum of ₹14,720 (46 shares) at the upper price band.
For sNII investors, the minimum investment is 14 lots (644 shares), amounting to ₹2,06,080. For bNII investors, the minimum investment is 68 lots (3,128 shares), totaling ₹10,00,960.
Equirus Capital Pvt. Ltd. is the book-running lead manager, while MUFG Intime India Pvt. Ltd. serves as the registrar to the issue.
₹320
0%
Open
₹320
HIgh - Low
₹320
Previous Close
₹320
Total Traded Value
0
52 Weeks High
₹320
52 Weeks Low
₹320
Updates On
March 12, 2026
IPO. Open
Mar 16, 2026
IPO. Close
Mar 18, 2026
IPO. Price
₹320.00
IPO Market price
₹1,488.60 Cr
IPO Details
| IPO Date | 24 Mar |
| IPO Listing Date | 24 Mar |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹320.00 |
| IPO Issue Size | 1,25,00,000 shares |
| IPO Sale Type | Fresh capital cum OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE, NSE Platform |
| Share Holding Pre Issue | 3,90,18,750 shares |
IPO Timeline
| IPO Open Date | 16 Mar |
| IPO Close Date | 18 Mar |
| IPO Allotment (Tentative) | 20 Mar |
| Refunds | 23 Mar |
| Credit to Demat Account | 23 Mar |
| IPO Listing Date | 24 Mar |
IPO Reservation
| Category | Offer |
|---|---|
| QIB Shares Offered | 25,00,000 Shares |
| NII (HNI) Shares Offered | 18,75,000 Shares |
| Retail Shares Offered | 43,75,000 Shares |
IPO Lot Size
Investors must bid for at least 46 shares, and bids can be placed in multiples of 46 thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 1 | 46 | ₹14,720 |
| Individual investors (Retail) (Max) | 13 | 598 | ₹1,91,360 |
| S-HNI (Min) | 14 | 644 | ₹2,06,080 |
| S-HNI (Max) | 67 | 3,082 | ₹9,86,240 |
| B-HNI (Min) | 68 | 3,128 | ₹10,00,960 |
Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in the manufacturing of insecticides, herbicides, fungicides, and plant growth regulators.
The company provides crop protection solutions designed to help farmers improve productivity. Its offerings include Formulations (a combination of active ingredients and additives) and Technicals (concentrated active ingredients), which are used for effective pest, weed, and disease management.
GSP Crop Science offers a diverse portfolio of in-house manufactured agrochemical products, delivering crop protection solutions through the development, manufacturing, supply, and distribution of both Formulations and Technicals to meet customer requirements.
Market Presence
During the six months ended September 30, 2025, and in Fiscal Years 2025, 2024, and 2023, the company served customers across 20 states in India.
Internationally, the company operates in 37 countries, including the United States, Uruguay, Brazil, Vietnam, Singapore, United Arab Emirates, and Australia, covering regions such as Latin America, Asia-Pacific (excluding India), North America, and other global markets.
Registrations and Innovation
As of September 30, 2025, the company held 524 agrochemical registrations across both Formulations and Technicals.
Its ongoing research and development (R&D) initiatives have resulted in 102 granted patents, with 108 additional patent applications under process as of March 10, 2026.
To support innovation, the company operates dedicated R&D facilities in Kathwada and Odhav, focusing on testing, commercialization, and the development of complex agrochemical chemistries.
Business Operations
Formulations:
As of September 30, 2025, the company holds 395 registrations for Formulations, which consist of active ingredients and additives. These products are available in solid and liquid forms and are marketed under the company’s own brands or through licensing arrangements.
Technicals:
The company also holds 129 registrations for Technicals, which are concentrated active ingredients used as key inputs in producing agrochemical products such as insecticides, herbicides, and fungicides.
As of September 30, 2025, the company employed 1,221 permanent employees.
Competitive Strengths
- Diversified product portfolio covering insecticides, herbicides, fungicides, and plant growth regulators, making the company a comprehensive crop protection solutions provider.
- Strong domestic and international presence, serving a broad and diversified customer base.
- Robust in-house R&D capabilities focused on innovation and product development.
- Advanced manufacturing infrastructure capable of producing a wide range of agrochemical products with an emphasis on sustainability.
- Experienced leadership, led by qualified promoters and supported by a professional management team.
Company Financials (Consolidated)
| Assets | 1,491.69 | 1,228.50 | 980.34 |
| Total Income | 847.61 | 1,301.06 | 1,158.23 |
| Profit After Tax | 81.07 | 81.42 | 55.54 |
| EBITDA | 138.86 | 164.03 | 130.41 |
| Net Worth | 529.85 | 450.03 | 370.46 |
| Reserves and Surplus | 490.84 | 411.02 | 344.46 |
| Total Borrowing | 321.13 | 295.6 | 235.44 |
Key Performance Indicator (KPI)
| ROE | 15.62% |
| ROCE | 15.45% |
| Debt/Equity | 0.55 |
| RoNW | - |
| PAT Margin | 9.56% |
| EBITDA Margin | 16.45% |
| Price to book value | - |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | - |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Contact Details
GSP Crop Science Ltd. Address
404, Lalita Complex, Rasala Road,
Mithakhali Six Road,
Navrangpura,
Ahmedabad, Gujarat, 380009
+91 79 61915165
cs@gspcrop.com
https://www.gspcrop.in/
Detail Registrar
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
gspcrop.ipo@linkintime.co.in
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
The GSP Crop Science Limited IPO is a mainboard public issue worth about ₹400 crore. It includes a fresh issue and an offer for sale, and the shares will list on BSE and National Stock Exchange of India.
The GSP Crop Science Limited IPO opens for subscription on March 16, 2026, and closes on March 18, 2026. Investors can apply during these three days through supported stockbroking platforms.
The price band for the GSP Crop Science Limited IPO has been fixed at ₹304 to ₹320 per share. Investors must place bids within this range while submitting their IPO application.
Retail investors must apply for at least one lot of 46 shares. At the upper price band of ₹320 per share, the minimum investment required is about ₹14,720.
The shares of GSP Crop Science Limited are expected to be listed on March 24, 2026, on the BSE and National Stock Exchange of India, subject to successful allotment and regulatory approvals.
The registrar to the issue is MUFG Intime India Pvt. Ltd., while Equirus Capital Pvt. Ltd. has been appointed as the book-running lead manager for the IPO.
Founded in 1985, GSP Crop Science Limited manufactures agrochemical products including insecticides, herbicides, fungicides, and plant growth regulators, providing crop protection solutions to farmers across India and international markets.
Compare: