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GSP Crop Science IPO is a Book Built Issue aggregating up to 400 crore. The issue consists of a fresh issue of 75,00,000 shares (aggregating up to 240 crore rupees) and an offer for sale of 50,00,000 shares (aggregating up to 160 crore rupees).

The IPO will open for subscription on 16 March 2026 and close on 18 March 2026. The basis of allotment will be finalized on 20 March 2026. The shares will be listed on NSE, BSE on 24 March 2026.

The price band for the IPO is set at ₹304 to ₹320 per share per share. The minimum amount required for a retail investor is ₹14,720 (46 shares, 1 lot). The minimum amount required for an sHNI investor is ₹2,06,080 (644 shares, 14 lots).

Equirus Capital Pvt Ltd and Motilal Oswal Investment Advisors Ltd is the lead manager and MUFG Intime India Private Limited is the registrar of the IPO.
Refer to GSP Crop Science IPO RHP for detailed information.

IPO Details Upcoming

IPO Datei
The opening and closing dates during which investors can apply for the IPO.
16 March 2026 to 18 March 2026
Listing Datei
The date when shares start trading on the stock exchanges.
24 March 2026
Face Valuei
The nominal value of a security stated in the company books. Mainly used as the base for dividends and accounting
₹10 per share
Price Bandi
The minimum and maximum price range within which investors can bid for IPO shares.
₹304 to ₹320 per share
Lot Sizei
The minimum number of shares an investor must apply for in a single IPO application.
46 shares
Issue Typei
The method used to price the IPO. In a Book Built Issue, the price is determined by investor demand within the price band.
Book Built Issue
Listing Ati
The stock exchange(s) where the company shares will be officially listed and traded.
NSE, BSE

IPO Issue Details

Issue Sizei
Total number of shares multiplied by the issue price.
1,25,00,000 shares (₹4,00,00,00,000)
Issue (Sale Type)Fresh issue and Offer for sale
Fresh Issue75,00,000 shares (₹2,40,00,00,000)
Offer for Sale50,00,000 shares (₹1,60,00,00,000)
Share Holding (Pre Issue)3,90,18,750 shares
The GSP Crop Science IPO is a mainboard IPO with issue size 1,25,00,000 shares (aggregating up to 400 crore rupees). The issue is priced at ₹304 to ₹320 per share and is a mix of a fresh issue of 75,00,000 shares (aggregating up to 240 crore rupees) and an offer for sale of 50,00,000 shares (aggregating up to 160 crore rupees).

IPO Timetable (Tentative)

GSP Crop Science IPO will open for subscription on 16 March 2026 and will close on 18 March 2026. The allotment for the GSP Crop Science IPO is expected to be finalized on 20 March 2026. GSP Crop Science IPO will list on BSE, NSE with tentative listing date fixed as 24 March 2026.
IPO Open Datei
The start date for applying to the IPO. It is the first day on which investors can submit their IPO applications.
16 March 2026
IPO Close Datei
The last date to submit an IPO application. It is the last day by which investors must submit their applications.
18 March 2026
Basis of Allotment Datei
The date on which the final share allotment is determined and published.
20 March 2026
Initiation of Refundsi
The date from which unallotted application amounts are returned to investors.
23 March 2026
Credit of Share to Demati
The date by which allotted shares are transferred into investors demat accounts.
23 March 2026
Listing Datei
The date when shares start trading on the stock exchanges.
24 March 2026
IPO Cut-off time (UPI mandate confirm)i
The deadline for confirming UPI payment mandates for IPO applications.
5:00 PM on 18 March 2026

GSP Crop Science IPO Lot Size & Required Amount

GSP Crop Science IPO has set a price band of per share and lot size is of shares. Retail investors can bid for a minimum of 1 lot (46 shares), requiring minimum investment of ₹14,720, and maximum upto 13 lots (598 shares), requiring maximum investment of ₹1,91,360. Small HNI investors can bid for a minimum of 14 lots (644 shares), requiring an investment of ₹2,06,080, small hni (sHNI) investors can bid for a maximum of 67 lots (3082 shares), requiring an investment of ₹9,86,240 and big hni (bHNI) investors can bid for a minimum of 68 Lots (3128 shares), requiring an investment of ₹10,00,960. Calculated at the cut-off price ₹ per share (the upper end of the price band).

Number of Shares Per Lot = Shares

Application Lot(s) Shares Amount
Retail (Min)i
Minimum investment required for Retail Individual Investors (RII).
1 46 ₹14,720
Retail (Max)i
Maximum investment allowed for Retail Individual Investors (Must be under ₹2 Lakhs).
13 598 ₹1,91,360
S-HNI (Min)i
Minimum investment for Small High Net-worth Individuals (sHNI) (Must be above ₹2 Lakhs).
14 644 ₹2,06,080
S-HNI (Max)i
Maximum investment for Small High Net-worth Individuals (sHNI) (Must be up to ₹10 Lakhs).
67 3082 ₹9,86,240
B-HNI (Min)i
Minimum investment for Big High Net-worth Individuals (bHNI) (Must be above ₹10 Lakhs).
68 3128 ₹10,00,960

IPO Application Calculator

Important Information

  • This calculator finds the max lots under your budget that also fits your chosen category.
  • Retail (RII): Application value must be ≤ ₹2,00,000.
  • Small HNI (sHNI): Application value must be > ₹2,00,000 and ≤ ₹10,00,000.
  • Big HNI (bHNI): Application value must be > ₹10,00,000.

IPO Reservation

Out of which Not more than 50% of the net offer allocated to QIB, Not less than 15% of the net offer allocated to NII, Not less than 35% of the net offer allocated to RII.

Investor CategoryShares Offered
+
QIB Shares Offeredi
Qualified Institutional Buyers (e.g., mutual funds, banks).
Not more than 50% of the net offer
+
NII (HNI) Shares Offeredi
Non-Institutional Investors, also known as High Net-worth Individuals.
Not less than 15% of the net offer
Retail Shares Offeredi
Retail Individual Investors applying for up to ₹2 Lakh.
Not less than 35% of the net offer
GSP Crop Science Financials (Restated Consolidated)
Annual Performance (31 Mar 25 vs 31 Mar 24)
GSP Crop Science Financials (Restated Consolidated)'s Assets increased by 25.3%, Revenue increased by 12.3%, Profit After Tax increased by 46.6%, EBITDA increased by 25.8%, Net Worth increased by 21.5%, Total Borrowing increased by 25.6%, Reserves & Surplus increased by 19.3% compared to the previous financial year.
Assets
▲ 25.3% (248.16)
Revenue
▲ 12.3% (142.83)
Profit After Tax
▲ 46.6% (25.88)
EBITDA
▲ 25.8% (33.62)
Net Worth
▲ 21.5% (79.57)
Total Borrowing
▲ 25.6% (60.16)
Reserves & Surplus
▲ 19.3% (66.56)

Previous Financial Year Growth (31 Mar 24 vs 31 Mar 23)
Comparing 31 Mar 24 with 31 Mar 23, Assets dropped by 13.4%, Revenue dropped by 4%, Profit After Tax increased by 216.1%, EBITDA increased by 60.4%, Net Worth increased by 1.9%, Total Borrowing dropped by 27.4%, Reserves & Surplus increased by 2.5%.
Assets (Prev Yr)
▼ 13.4% (-151.79)
Revenue (Prev Yr)
▼ 4% (-47.82)
Profit After Tax (Prev Yr)
▲ 216.1% (37.97)
EBITDA (Prev Yr)
▲ 60.4% (49.13)
Net Worth (Prev Yr)
▲ 1.9% (6.99)
Total Borrowing (Prev Yr)
▼ 27.4% (-88.82)
Reserves & Surplus (Prev Yr)
▲ 2.5% (8.46)

2-Year Performance Change (31 Mar 23 To 31 Mar 25)
Between 31 Mar 25 and 31 Mar 23, Assets increased by 8.5%, Revenue increased by 7.9%, Profit After Tax increased by 363.4%, EBITDA increased by 101.8%, Net Worth increased by 23.8%, Total Borrowing dropped by 8.8%, Reserves & Surplus increased by 22.3%.
Assets (2-Yr Change)
▲ 8.5% (96.37)
Revenue (2-Yr Change)
▲ 7.9% (95.01)
Profit After Tax (2-Yr Change)
▲ 363.4% (63.85)
EBITDA (2-Yr Change)
▲ 101.8% (82.75)
Net Worth (2-Yr Change)
▲ 23.8% (86.56)
Total Borrowing (2-Yr Change)
▼ 8.8% (-28.66)
Reserves & Surplus (2-Yr Change)
▲ 22.3% (75.02)
  30 Sep 25 In Cr. 31 Mar 25 In Cr. 31 Mar 24 In Cr. 31 Mar 23 In Cr.
Assets 1,491.69 1,228.5 980.34 1,132.13
Revenue 847.61 1,301.06 1,158.23 1,206.05
Profit After Tax 81.07 81.42 55.54 17.57
EBITDA 138.86 164.03 130.41 81.28
Net Worth 529.85 450.03 370.46 363.47
Total Borrowing 321.13 295.6 235.44 324.26
Reserves & Surplus 490.84 411.02 344.46 336

Financial Performance Indicator (FPI)

FPI 30 Sep 2025 31 Mar 2025
ROEi
Return on Equity (ROE) is a measure of financial performance...
15.62%18.38%
ROCEi
Return on Capital Employed indicates how efficiently a company uses its capital.
15.45%19.80%
Debt/Equityi
A ratio comparing total liabilities to shareholder equity.
0.550.58
PAT Margin9.56%6.26%
EBITDA Margin16.45%12.74%
Price to Book Value2.77
Pre IPOPost IPO
EPS Rsi
Earnings Per Share is a company's profit divided by outstanding shares.
20.8721.22
P/E (x)15.349.18
Promoter Holding98.32%
Market Capi
Total market value of a company's outstanding shares.
₹1,488.60 crore

GSP Crop Science IPO Registrar

MUFG Intime India Private Limited
+91 224918 6270
gspcrop.ipo@linkintime.co.in

GSP Crop Science Address & Contact Details

GSP Crop Science Address
404, Lalita Complex, Rasala Road, Mithakhali Six Road, Navrangpura, Ahmedabad, Gujarat, 380009
+91 7961915165
cs@gspcrop.com