{"id":6465,"date":"2026-03-18T05:37:59","date_gmt":"2026-03-18T05:37:59","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=6465"},"modified":"2026-03-18T05:37:59","modified_gmt":"2026-03-18T05:37:59","slug":"gsp-crop-science-ipo-review","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/gsp-crop-science-ipo-review\/","title":{"rendered":"GSP Crop Science IPO Review: Key Details, Company Overview, Industry Context & Financials"},"content":{"rendered":"

GSP Crop Science IPO is a book-built public issue worth \u20b9400.00 crore. The IPO consists of two components. The company is issuing 0.75 crore fresh shares aggregating to \u20b9240.00 crore, while existing shareholders will sell 0.50 crore shares through an Offer for Sale (OFS) amounting to \u20b9160.00 crore.<\/span><\/p>\n

The GSP Crop Science IPO will open for subscription on March 16, 2026, and close on March 18, 2026. The share allotment is expected to be finalised on March 20, 2026. Following allotment, the shares are proposed to be listed on both the BSE and NSE on March 24, 2026.<\/span><\/p>\n

The price band for the issue has been fixed between \u20b9304 and \u20b9320 per share. Investors must apply for a minimum lot size of 46 shares. At the upper price band, the minimum investment required for retail investors is \u20b914,720.<\/span><\/p>\n

For Non-Institutional Investors (NIIs), the investment requirement is higher. The small NII (sNII) category requires a minimum of 14 lots (644 shares) amounting to \u20b92,06,080. The big NII (bNII) category requires a minimum of 68 lots (3,128 shares) amounting to \u20b910,00,960.<\/span><\/p>\n

Equirus Capital Pvt. Ltd. and Motilal Oswal Investment Advisors Ltd. are acting as the Book Running Lead Managers (BRLMs), while MUFG Intime India Pvt. Ltd. has been appointed as the registrar to the issue.<\/span><\/p>\n

(Source:<\/strong> RHP<\/a>)<\/span><\/em><\/p>\n

Company Overview<\/strong><\/h2>\n

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 develops and supplies crop protection solutions through both Formulations and Technicals to support pest, weed, and disease control.<\/span><\/p>\n

As of September 30, 2025, the company has received 524 registrations across Formulations and Technicals. It has been granted 102 patents and has 108 patent applications under process as of March 10, 2026. Its dedicated research and development facilities at Kathwada and Odhav support product testing, commercialization, and manufacturing of complex chemistries.<\/span><\/p>\n

The company serves customers across 20 Indian states and has an international presence in 37 countries including the United States, Brazil, Uruguay, Vietnam, Singapore, UAE, and Australia. As of September 30, 2025, GSP Crop Science had 1,221 permanent employees.<\/span><\/p>\n

(Source:<\/strong> RHP<\/a>)<\/span><\/em><\/p>\n

Industry Context<\/strong><\/h2>\n