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GSP Crop Science Ltd
Listed
Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in the business of manufacturing insecticides, herbicides, fungicides and plant growth regulators.
Issue details
Price band
₹304 – ₹320
Face value
₹10
Lot size
46 shares
Minimum investment
₹14,720
Issue size
₹400.00 Cr
Fresh issue
₹240.00 Cr
Offer for sale
₹160.00 Cr
Issue type
Book Built
Exchange
BSE, NSE
Key dates
Opens
16 Mar 2026
Closes
18 Mar 2026
UPI mandate cut-off
5:00 PM on 18 Mar 2026
Allotment
20 Mar 2026
Refunds
23 Mar 2026
Shares in demat
23 Mar 2026
Listing
24 Mar 2026
Subscription and listing
Subscription
1.44x
Listing price
₹328
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Equirus Capital, Motilal Oswal Investment Advisors
Subscription by category
Total
1.44x
Total applications
34,031
Anchor investors
Amount raised
₹120.00 Cr
Bid date
13 Mar 2026
50% lock-in ends
19 Apr 2026
Rest lock-in ends
18 Jun 2026
Listing day
Issue price
₹320
Open
₹328.00
High
₹364.00
Low
₹328.00
Day close
₹356.25
Listing gain at open
+2.50%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
62,50,000
50.00%
Anchor Investor Shares Offered
37,50,000
30.00%
QIB (Ex. Anchor) Shares Offered
25,00,000
20.00%
NII Shares Offered
18,75,000
15.00%
bNII > ₹10L
12,50,000
10.00%
sNII < ₹10L
6,25,000
5.00%
Retail Shares Offered
43,75,000
35.00%
Total Shares Offered
1,25,00,000
100.00%
Finaccle’s quick read
Apply
FY25 income up 12%, PAT up 47%, ROE 15.62%, D/E 0.55, post-issue P/E 9.18x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in the business of manufacturing insecticides, herbicides, fungicides and plant growth regulators. The company provides crop protection solutions to help farmers increase productivity, offering formulations (active ingredients and additives) and technicals (concentrated active ingredients) for effective pest, weed, and disease control.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
15.62%
ROCE
15.45%
Debt / equity
0.55
PAT margin
9.56%
P/E post issue
9.18
Market cap
₹1,488.60 Cr
Use of IPO money
Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company
₹170.00 Cr
General Corporate Purpose
₹50.32 Cr
Issue Expenses
₹32.81 Cr
Strengths
✓
Catering to a large and diverse clientele both domestically as well as internationally
✓
Led by qualified and experienced Promoters and supported by a professional management team
✓
PAT up 47% in FY25 to ₹81.42 Cr
✓
ROE of 15.62% and ROCE of 15.45%
✓
Moderate leverage: debt to equity 0.55
Risks to watch
!
Modest PAT margin of 9.56%
!
40% of the issue is an offer for sale by existing shareholders
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.