
Materials / Agriculture · NSE / BSE
GSP Crop Science Limited, incorporated in 1985, is an agrochemical company engaged in the manufacturing of insecticides, herbicides, fungicides, and plant growth regulators that help farmers improve crop productivity and protect plants from pests, weeds, and diseases. The company develops, manufactures, and supplies a wide range of crop protection solutions in the form of formulations and technicals, serving both domestic and international B2B customers in the agrochemical industry. Over the years, it has built long-term relationships with clients, providing a diversified customer base in a dynamic market environment. As of September 30, 2024, the company had received 507 registrations for its agrochemical products and held 89 patents, with patented products contributing ₹1,441.11 million, or about 20.73% of revenue, during the six months ended September 30, 2024. GSP Crop Science also focuses on research and development to improve its formulations and technicals, supported by dedicated facilities at Kathwada and Odhav for testing, commercialization, and production of complex chemistries for the agrochemical industry.
Price Band
₹304 – ₹320
Issue Size
₹1250.00 L Cr
Lot Size
46 shares
GMP
+0.6%
Est. Listing
₹322
at current GMP
Subscribed
1.64x
overall
Open
16 Mar 2026
Close
18 Mar 2026
Allotment
20 Mar 2026
Refund
21 Mar 2026
Demat Credit
22 Mar 2026
Listing
24 Mar 2026
Overall Subscription
1.64x
Total Demand
QIB Multiplier
2.66x
Institutions & Funds
NII / HNI
3.14x
High Net-Worth
Retail (RII)
0.42x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 2,500,000 | 6,646,356 | 2.66x |
| NIB | 1,875,000 | 5,889,840 | 3.14x |
| HNIs(10L +) | 1,250,000 | 5,140,224 | 4.11x |
| HNIs (2-10L) | 625,000 | 749,616 | 1.20x |
| RETAIL | 4,375,000 | 1,825,648 | 0.42x |
| Total | 10,625,000 | 20,251,684 | 1.64x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 95,109 | 33,777 | 0.36x |
| HNIs(10L +) | 1,941 | 231 | 0.12x |
| HNIs (2-10L) | 970 | 1,126 | 1.16x |
| Total Applications | 98,020 | 35,134 | 0.36x |
GSP Crop Science Limited is bringing an initial public offering (IPO) in the Materials / Agriculture sector with an aggregate issue size of ₹1,25,00,000 Crores. The shares are offered at a price band of ₹304 to ₹320 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 46 shares (approx. ₹14,720 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Link Intime India Private Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-03-22, while un-allotted funds or UPI block mandates will be released on 2026-03-21.
The GSP Crop Science Limited IPO aggregate issue size is ₹1,25,00,000 Crores with an equity price band set at ₹304 to ₹320 per equity share. The retail lot size is 46 shares requiring a minimum capital outlay of approx. ₹14,720.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Link Intime India Private Limited) and the BSE status verification website on or around 2026-03-20.