GSP Crop Science Ltd. IPO

Min Investment
₹ 14,720 / 46 shares
Price Range
₹304 - ₹ 320
Bidding Dates
16 Mar '26 - 18 Mar '26
Total Issue Value
400.00 Cr
Lot Size
46
Total Issue Size
400.00 Cr
Listing At
BSE, NSE
Subscription
1.45 times
BSE Price
401.60 (25.5%)
NSE Price
403.85 (26.2%)

IPO Timeline

  • 16 Mar 2026
    Bidding Starts
  • 18 Mar 2026
    Bidding Ends
  • 20 Mar 2026
    Allotment Finalization
  • 24 Mar 2026
    Listing

About GSP Crop Science Ltd.

We are a research-driven agrochemical company, specializing in the development and manufacturing of insecticides, herbicides, fungicides and plant growth regulators in India, with over 40 years of experience in the agrochemical industry. We operate under two distinct businesses which are categorized as (i) Formulations; and (ii) Technicals. Details of revenue generated from Formulations and Technicals for the six months ended September 30, 2025 and for Fiscals 2025, 2024 and 2023, including as a percentage of sale of products from continuing operations.

As of September 30, 2025, we have received 524 registrations across Formulations and Technicals for agrochemicals manufactured by us. We hold process and product patents across a variety of agrochemicals. Our research and development efforts over the years have led us to being granted 102 patents, and also have 108 patent applications under process as of date of this Red Herring Prospectus. We operate under two distinct businesses which are categorized as (i) Formulations; and (ii) Technicals. For details in relation to our business model, revenue model and revenue from product portfolio consisting of insecticides, herbicides, fungicides, plant growth regulators and others.

Read More
Parent organisation
Founded
GSP Crop Science Ltd.
1985

GSP Crop Science Ltd. IPO Reservation

Investors Category Shares Offered
Anchor Investors 37,50,000 (30%)
Non Institutional Investors 18,75,000 (15%)
Qualified Institutional Buyers (QIBs) 25,00,000 (20%)
Retail Individual Investors (RIIs) 43,75,000 (35%)

GSP Crop Science Ltd. Financial Information

Year End Revenue PAT Reserves & Surplus
31 Mar 2026 1,627.61 Cr 94.28 Cr 687.95 Cr
31 Mar 2025 1,426.01 Cr 75.59 Cr 382.85 Cr
31 Mar 2024 1,237.63 Cr 44.35 Cr 323.44 Cr

GSP Crop Science Ltd. Background

Major Events And Milestones
  • 1985
    Incorporation of our Company
  • 1993
    Our Company initiated the manufacturing of Technicals at Odhav Facility
  • 2005
    Our Company diversified its business by commencing manufacturing of Formulation at Kathwada Facility
  • 2009
    Our Company expanded its Technicals manufacturing capabilities by commencing operations at Technicals manufacturing plant at Nandesari Facility
  • 2011
    Our Company became the first indigenous manufacturer of Diafenthiuron Technical in India
  • 2015
    Our Company undertook the expansion of its Nandesari Facility
  • 2017
    Our Company established a formulation manufacturing facility at Samba (Jammu & Kashmir) through its subsidiary, Rajdhani Petrochemicals Private Limited
  • 2022
    Commissioned formulation research and development pilot plant at Kathwada Facility
  • 2023
    Acquired subsidiary in Brazil to cater to Latin American markets
  • 2025
    Operationalized the intermediate manufacturing plant at Saykha (Dahej, Gujarat) through our Subsidiary, GSP Intermediates Private Limited
GSP Crop Science Ltd. Object of Issues

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

GSP Crop Science Ltd. IPO Listing Details
Listing Date
24 Mar 2026
BSE Script Code
544733
NSE Symbol
GSPCROP
ISIN
INE713R01022
Final Issue Price
₹ 320
GSP Crop Science Ltd. Listing Day Trading Information
Pricing Details BSE NSE
Issue Price ₹ 320.00 ₹ 320.00
Open ₹ 332.30 ₹ 328.00
Low ₹ 327.35 ₹ 328.00
High ₹ 363.60 ₹ 364.00
Last Trade ₹ 356.10 ₹ 356.25
GSP Crop Science Ltd. Company Promoters

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

Industry Overview

As per the ICRA Report, the size of the agrochemicals market in India reached ? 366 billion during Fiscal 2025, reflecting a compound annual growth rate (CAGR) of 12.4% from Fiscals 2020 to 2025. The agrochemical industry is characterized by intense competition, which necessitates continuous ... Read more

GSP Crop Science Ltd. IPO Registrar
MUFG Intime India Pvt. Ltd.
C-101, 1st Floor, 247 Park, Lal Bahadur Shashtri Marg, Vikhroli (West), Mumbai Maharashtra - 400083
8108114949
GSP Crop Science Ltd. IPO Lead Manager(s)
Equirus Capital Pvt. Ltd.
Unit No. 2601B, 26th Floor, A Wing, Marathon Futurex, Mafatlal Mills Compound, Lower Parel, Mumbai Maharashtra - 400013
43320734

FAQs

When does GSP Crop Science Ltd. IPO opens and closes?

GSP Crop Science Ltd. IPO opens from 16th March to 18th March 2026.

What is the size of GSP Crop Science Ltd. IPO?

The size of the GSP Crop Science Ltd. IPO is ₹400.00 Cr.

What is the price range of GSP Crop Science Ltd. IPO?

The price range of GSP Crop Science Ltd. IPO is at ₹304 to ₹320 per share.

What is the minimum investment and lot size required for the GSP Crop Science Ltd. IPO?

The minimum investment required is ₹14,720 and minimum lot size is 46 shares.

When is GSP Crop Science Ltd. IPO listing date?

The GSP Crop Science Ltd. IPO will be listed on 24th March 2026.

What is the objective of GSP Crop Science Ltd. IPO?

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

Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article

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