GSP Crop Science IPO

The GSP Crop Science IPO is a book-built issue of Rs 400 crore, comprising a fresh issue of 0.75 crore shares worth Rs 240 crore and an offer for sale of 0.50 crore shares worth Rs 160 crore, opening for subscription from Mar 16 to Mar 18, 2026, with allotment expected on Mar 20, 2026 and a tentative listing on BSE and NSE on Mar 24, 2026. The IPO’s price band is Rs 304 to Rs 320 per share, with a lot size of 46 shares, requiring a minimum retail investment of Rs 14,720, while sNII investors must apply for 14 lots (644 shares) amounting to Rs 2,06,080, and bNII investors for 68 lots (3,128 shares) amounting to Rs 10,00,960. Equirus Capital Pvt. Ltd. is the lead manager, and MUFG Intime India Pvt. Ltd. is the registrar for the issue.

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GSP Crop Science IPO Details

Check out the issue details for GSP Crop Science IPO as disclosed in SEBI.

IPO Price

₹ 320

Price Band

₹ 304 -320

Issue Size

400.00 Cr.

Issue Type

Book Built

Open

2026-03-16

Close

2026-03-18

Listing price

₹ 328

Listing Gain

2.50%

Listing Date

2026-03-24

CMP

₹ 367.7

Current Return

14.91%

Company Financials

You can get the following financial statements of GSP Crop Science as of now.

GSP Crop Science IPO Details

The details about the GSP Crop Science IPO are as follows:

  • The issue size of the IPO is Rs 400.00 Cr.
  • The price band for GSP Crop Science IPO is Rs 304 to Rs 320.
  • The shares of GSP Crop Science IPO will list on BSE and NSE.
  • The latest tentative GMP of GSP Crop Science IPO is Rs 0.
  • The shares of GSP Crop Science IPO are subscribed 1.01 Times.

 

GSP Crop Science IPO Valuation

The approximate valuation of GSP Crop Science IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 320
Existing Shares (Qty) 3.90 Cr
Fresh Issue Rs 240.00 Cr
Market Cap Rs 1488 Cr
EPS (FY25) Rs 21.38
PE Ratio 14.96x
Industry PE 51.81x

 

GSP Crop Science IPO Issue Size

GSP Crop Science IPO issue size is Rs 400.00 Cr.

Issue Amount
Fresh Issue Rs 240.00 Cr
Offer For Sale Rs 160.00 Cr

 

GSP Crop Science IPO Market Lot

An individual can apply for a minimum of 1 lot of 46 shares and a maximum of 13 lots (598 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 46 Rs 14,720
Retail Maximum 13 598 Rs 1,91,360

 

GSP Crop Science IPO Share Offer

The shares of GSP Crop Science IPO are subscribed 1.01 Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not more than 50%
Non-Institutional Not less than 15%
Retail Individual Not less than 35%

 

GSP Crop Science IPO GMP (Grey Market Premium)

As on GMP (Tentative)
18 March 2026 Rs 0

GSP Crop Science IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

GSP Crop Science IPO Dates

Find below the dates for GSP Crop Science IPO

Schedule Date
Basis of Allotment 20 Mar 2026
Refunds 23 Mar 2026
Credit to Demat Account 23 Mar 2026
IPO Listing Date 24 Mar 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Net Sales 1136.91 1521.28 1309.43 1226.39 1408.69
Total Expenditure 1042.78 1388.72 1249.44 1125.14 1275.34
Operating Profit 94.14 132.56 59.99 101.26 133.35
Other Income 34.4 10.98 2.73 11.24 17.32
Interest 17.84 23.39 36.69 33.96 29.83
Depreciation 17.55 18.49 19.76 18.95 19.25
Exceptional Items 0 0 0 0 0
Profit Before Tax 93.14 101.67 6.28 59.59 101.59
Provision for Tax 23.57 25.64 1.35 15.24 26
Net Profit 69.57 76.02 8.23 46.03 76.31
Adjusted EPS (Rs.) 1.57 1.72 0.12 1.14 1.94

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity and Liabilities
Share Capital 29.48 29.48 27.48 26.01 39.02
Total Reserves 372.28 445.63 329.37 323.44 382.85
Borrowings 10 119.76 98.33 55.15 31.54
Other N/C liabilities -6.94 -8.35 -5.51 -9.78 -10.25
Current liabilities 490.41 652.47 653.96 526.9 713.01
Total Liabilities 895.24 1238.99 1103.64 948.23 1156.17
Assets
Net Block 152.92 156.64 156.27 164.99 152.01
Capital WIP 7.67 9.09 14.53 4.67 12.09
Intangible WIP 0.39 0.27 0.23 1.2 7.86
Investments 0.18 1.68 2.79 7.94 22.84
Loans & Advances 4.27 23.21 37.65 10.16 63.45
Other N/C Assets 0.4 0.39 0.44 31.02 1.3
Current Assets 729.41 1047.72 891.74 728.26 896.63
Total Assets 895.24 1238.99 1103.64 948.23 1156.17
* Other Non-current Liabilities include Net deferred Liabilities

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2026 71.73 0
* Figures given above are % of equity capital

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Profit from operations 93.14 101.67 6.28 61.83 102.55
Adjustment 17.62 40.81 61.57 54.24 50.39
Changes in Assets & Liabilities -19.16 -202.23 59.45 68.93 -80.76
Tax Paid -20.79 -7.71 -26.11 -12.94 -22.26
Operating Cash Flow 70.81 -67.45 101.19 172.06 49.92
Investing Cash Flow 21.01 -17.49 -45.37 16.76 -47.78
Financing Cash Flow -50.11 157.57 -158.51 -176.68 -21.98
Net Cash Flow 41.71 72.62 -102.69 12.14 -19.84
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