GSP Crop Science IPO Price: ₹304 to ₹320 per share
IPO Dates: 16th March – 18th March 2026
Company Overview
Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in manufacturing insecticides, herbicides, fungicides, and plant growth regulators.
The company provides crop protection solutions to help farmers improve productivity by offering both formulations and technicals for effective pest, weed, and disease control..
Product Portfolio
The company offers a diverse portfolio of in-house manufactured agrochemicals, delivering crop protection solutions through the development, manufacturing, supply, and distribution of:
- Formulations – Active ingredients combined with additives used directly for crop protection.
- Technicals – Concentrated active ingredients used to manufacture final agrochemical products.
Domestic Presence
The company has served customers across 20 states in India during:
- The six months ended September 30, 2025
- Fiscal years 2025, 2024, and 2023
International Presence
GSP Crop Science Limited operates across 37 countries, including:
- Australia
- United States of America
- Uruguay
- Brazil
- Vietnam
- Singapore
- UAE
Registrations and Intellectual Property
As of September 30, 2025, the company has received 524 registrations across formulations and technical agrochemical products.
The company’s strong focus on innovation has resulted in:
- 102 patents granted
- 108 patent applications under process (as of March 10, 2026)
Research & Development
The company actively invests in research and development to improve and develop new formulations and technical products.
Dedicated R&D facilities located in Kathwada and Odhav support:
- Product testing
- Commercialization
- Development of complex chemistries for the agrochemical market
Business Operations
Formulations
As of September 30, 2025, the company holds 395 registrations for formulations. These products contain active ingredients and additives, available in solid and liquid forms, and are marketed under the company’s own brands or licenses.
Technicals
The company has 129 registrations for technical products. These are concentrated active ingredients processed with other components to produce agrochemical products such as insecticides, herbicides, and fungicides.
Workforce
As of September 30, 2025, the company employs 1,221 permanent employees.
Competitive Strengths
- Diversified product portfolio including insecticides, herbicides, fungicides, and plant growth regulators.
- Large domestic and international customer base.
- Strong in-house R&D capabilities focused on innovation and product development.
- Robust manufacturing facilities capable of producing a wide range of agrochemical products with sustainability focus.
- Experienced promoters and professional management team guiding the company’s growth.
Bidding Starts In
GSP Crop Science IPO Specifics:
| IPO Date | 16 to 18 Mar, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹304 to ₹320 per share |
| Lot Size | 46 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | 1,25,00,000 shares (agg. up to ₹400 Cr) |
| Fresh Issue | 75,00,000 shares (agg. up to ₹240 Cr) |
| Offer for Sale | 50,00,000 shares of ₹10 (agg. up to ₹160 Cr) |
| Share Holding Pre Issue | 3,90,18,750 shares |
| Share Holding Post Issue | 3,90,18,750 shares |
GSP Crop Science IPO Timetable (Important Dates)
| Particulars | Date |
|---|---|
| IPO Open Date | Mon, Mar 16, 2026 |
| IPO Close Date | Wed, Mar 18, 2026 |
| Tentative Allotment | Fri, Mar 20, 2026 |
| Initiation of Refunds | Mon, Mar 23, 2026 |
| Credit of Shares to Demat | Mon, Mar 23, 2026 |
| Listing Date | Tue, Mar 24, 2026 |
GSP Crop Science IPO Lot Size
Bidders have the opportunity to bid for a minimum of 14 shares, with the option to increase in multiples. The table below outlines the minimum and maximum investment thresholds for both retail investors and High Net Worth Individuals (HNIs), specifying the corresponding number of shares and amounts involved.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 46 | ₹14,720 |
| Retail (Max) | 13 | 598 | ₹14,720 |
| S-HNI (Min) | 14 | 644 | ₹2,06,080 |
| S-HNI (Max) | 67 | 3,082 | ₹9,86,240 |
| B-HNI (Min) | 68 | 3,128 | ₹10,00,960 |
GSP Crop Science IPO Reservation
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII (HNI) Shares Offered | Not less than 15% of the Net Offer |
GSP Crop Science IPO Financial Information
| Particulars | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 1,491.69 | 1,228.50 | 980.34 | 1,132.13 |
| Total Income | 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 |
| Reserves and Surplus | 490.84 | 411.02 | 344.46 | 336.00 |
| Total Borrowing | 321.13 | 295.60 | 235.44 | 324.26 |
Key Performance Indicator – GSP Crop Science IPO
| KPI | Value |
|---|---|
| ROE | 18.38% |
| ROCE | 19.80% |
| Debt/Equity | 0.58 |
| PAT Margin | 6.26% |
| EBITDA Margin | 12.74% |
| Price to Book Value | 2.77 |
| EPS (₹) | 20.87 |
| P/E (x) | 15.34 |
| Promoter Holding | 98.32% |
| Market Cap | ₹1,488.60 Cr. |
Prospectus Links:
Prospectus: Official documents that provide detailed information about the IPO and the company.
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