GSP Crop Science IPO Review: Price Band, Lot Size, Dates and Key Details
GSP Crop Science IPO is set to open for subscription on March 16, 2026. The agrochemical company plans to raise around ₹400 crore through a mix of fresh shares and an offer for sale. Investors are closely watching the issue due to the company’s presence in the agricultural chemicals sector.
This article covers the GSP Crop Science IPO price band, lot size, key dates, GMP, financial highlights, and investment review to help you decide whether to apply.
GSP Crop Science IPO Details
| Particular | Details |
|---|---|
| IPO Type | Book Built Issue |
| Issue Size | ₹400 crore |
| Fresh Issue | ₹240 crore |
| Offer for Sale | ₹160 crore |
| Price Band | ₹304 to ₹320 per share |
| Face Value | ₹10 per share |
| Listing | BSE, NSE |
| IPO Open Date | March 16, 2026 |
| IPO Close Date | March 18, 2026 |
| Allotment Date | March 20, 2026 |
| Listing Date | March 24, 2026 |
The IPO consists of 7.5 million fresh shares and 5 million shares through OFS from promoters and shareholders.
GSP Crop Science IPO Price Band
The company has fixed the price band at ₹304 to ₹320 per share.
- Investors can bid at any price within this range.
- Retail investors can choose the cut-off price to increase the chances of allotment.
At the upper band of ₹320, the company aims to raise about ₹400 crore.
GSP Crop Science IPO Lot Size
| Category | Lots | Shares | Investment |
|---|---|---|---|
| Retail (Minimum) | 1 | 46 shares | ₹14,720 |
| Retail (Maximum) | 13 | 598 shares | ₹1,91,360 |
| S-HNI | 14 lots | 644 shares | ₹2,06,080 |
| B-HNI | 68 lots | 3,128 shares | ₹10,00,960 |
The minimum investment for retail investors is ₹14,720 for one lot.
GSP Crop Science IPO GMP (Grey Market Premium)
- Current GMP: Around ₹0
- Sentiment: Neutral
A zero GMP indicates that grey market demand is currently neutral, meaning listing gains are uncertain.
However, GMP can change quickly as the subscription progresses.
About GSP Crop Science
GSP Crop Science Limited is a research-driven agrochemical company based in Ahmedabad.
The company develops and manufactures products such as:
- Insecticides
- Herbicides
- Fungicides
- Plant growth regulators
Its products are widely used in agriculture to improve crop yield and protect crops from pests and diseases.
Objectives of the IPO
The company plans to use the IPO proceeds for:
- Repayment or prepayment of existing borrowings
- General corporate purposes
- Strengthening its balance sheet
Reducing debt may help improve the company’s profitability and financial stability.
Financial Highlights
Key financial indicators show steady growth:
- Revenue: Over ₹1,100 crore in recent financials
- Profit growth: Improving profitability in recent years
- EPS: Around ₹16.89 per share (recent data)
The company also reports healthy returns with ROE around 15 percent in recent metrics.
Strengths of GSP Crop Science
- Strong agrochemical product portfolio
- Established presence in crop protection products
- Research-driven product development
- Growing demand for agricultural chemicals in India
The agriculture sector continues to expand as farmers adopt modern crop protection solutions.
Risks to Consider
Before investing, investors should consider the following risks:
- High competition in the agrochemical industry
- Regulatory approvals required for chemical products
- Dependence on agricultural demand cycles
- Raw material price volatility
Should You Apply for GSP Crop Science IPO?
The IPO may attract investors due to its exposure to the agriculture and agrochemical sector, which has long-term growth potential in India.
Short-term listing gains: Uncertain due to neutral GMP
Long-term potential: Moderate, depending on growth and industry demand
Investors should evaluate valuation, company fundamentals, and risk tolerance before applying.
Key Takeaways
- Price Band: ₹304 – ₹320 per share
- Minimum Investment: ₹14,720
- IPO Size: ₹400 crore
- Lot Size: 46 shares
- Subscription Dates: March 16–18, 2026
- Listing Date: March 24, 2026
FAQs
Q. When will GSP Crop Science IPO open?
The IPO will open for subscription on March 16, 2026 and close on March 18, 2026.
Q. What is the lot size of GSP Crop Science IPO?
The minimum lot size is 46 shares, requiring an investment of ₹14,720.
Q. When is the IPO listing date?
The shares are expected to list on March 24, 2026 on BSE and NSE.
Q. What is the price band of the IPO?
The price band is ₹304 to ₹320 per share.
Disclaimer
The stocks mentioned in this article are not recommendations. Please conduct your own research and due diligence before investing. Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. Lemonn (Formerly known as NU Investors Technologies Pvt. Ltd) do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.
