Upcoming IPO: GSP Crop Science IPO To Open On Monday, March 16; Check Details In 10 Points

With more than 40 years of expertise in the agrochemical sector, GSP Crop Science is a research-driven firm that specializes in the development and production of insecticides, herbicides, fungicides, and plant growth regulators in India. As of September 30, 2025, 524 formulations and technical registrations for the company's produced agrochemicals have been received. The firm will go public as its initial public offering (IPO) opens on Monday.

Financially speaking, for the six months ending September 30, 2025, the company's revenue from operations was Rs 844.2 crore, and its net profit was Rs 81 crore. In FY25, its revenue from operations was Rs 1,287.38 crore, compared to Rs 1,203.3 crore in FY23. In FY25, its net profit was Rs 81.4 crore, compared to Rs 17.5 crore in FY23.

1. GSP Crop Science IPO Issue Size: A fresh issue of 0.75 crore shares totaling Rs 240.00 crores and an offer for sale by promoters naming Vilasben Vrajmohan Shah, Bhavesh Vrajmohan Shah, and Kappa Trust, of 0.50 crore shares totaling Rs 160.00 crores make up this book build issue of Rs 400.00 crores.

2. GSP Crop Science IPO Opening & Closing Date: Subscriptions for the GSP Crop Science IPO will begin on March 16, 2026, and end on March 18, 2026.

3. GSP Crop Science IPO Allotment Date: On March 20, 2026, the allotment for the GSP Crop Science IPO is anticipated to be completed.

4. GSP Crop Science IPO Listing Date: The proposed listing date for GSP Crop Science's initial public offering (IPO) on the BSE and NSE is set for March 24, 2026.

5. GSP Crop Science IPO Price Band: Gujarat-based GSP Crop Science Limited has fixed the price band of Rs 304/- to Rs 320/- per equity share of face value Rs 10/- each for its maiden initial public offering.

6. GSP Crop Science IPO Lot Size: General investors can bid for a minimum of 46 equity shares and in multiples of 46 equity shares thereafter. Equity shares outstanding as of date: 39,018,750 equity shares of Rs 10 each. For sNII, the lot size investment is 14 lots with 644 shares, worth Rs 2,06,080; for bNII, it is 68 lots with 3,128 shares, worth Rs 10,00,960.

7. GSP Crop Science IPO GMP: According to investorgain.com, GSP Crop Science's IPO last GMP is Rs 0. It was last updated on March 14, 2026, at 10:36 AM.

8. GSP Crop Science IPO Objective: As per the DRHP, the proceeds from the fresh issue to the extent of Rs 170 crore will be used for the repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the company and general corporate purposes.

9. GSP Crop Science IPO Reservation: The offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders, respectively.

10. GSP Crop Science IPO Registrar: Equirus Capital Private Limited and Motilal Oswal Investment Advisors Limited are the book-running lead managers, and MUFG Intime India Private Limited is the registrar of the offer.