GSP Crop Science IPO Review 2026: GMP Flat, Key Investor Insights

Posted by : Neeraj Pandey | Thu Mar 12 2026

GSP Crop Science IPO is open for bidding from 16th March 2026 to 18th March 2026. It is a bookbuilding issue IPO of ₹400.00 crore, comprising an entirely fresh issue of 0.75 crore and an offer for sale of 0.50 crore shares. The issue will be listed on BSE and NSE on its tentative listing date, 24th March 2026.

Table of Contents

GSP Crop Science IPO Details

The GSP Crop Science IPO date is scheduled from 16th March 2026 to 18th March 2026. The face value of GSP Crop Science shares stands at ₹10 per share, and the IPO Issue price band is set at ₹304 to ₹320 per share

MUFG Intime India Private Limited is the registrar of the GSP Crop Science IPO and is responsible for managing the allotment process and initiating refunds. Check out the latest IPO details in the table below.

IPO Allotment Date	2oth March 2026
IPO Open Date	16th March 2026
IPO Close Date	18th March 2026
Refund Initiation	23rd March 2026
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)
Face Value	₹10 per share
Lot Size	1,000 shares
Issue Price	₹304 to ₹320 per share
Issue Type	Bookbuilding IPO
Listing At	BSE & NSE
Listing Date	24th March 2026

GSP Crop Science IPO Share Reservation

GSP Crop Science IPO is a bookbuilding issue of 0.75 crore shares, worth ₹400.00 crore. GSP Crop Science IPO Limited shares will be listed on the BSE and the NSE. Furthermore, SEBI has specified the share reservation criteria for different investor categories.

Investor Categories	Shares Offered
QIB Shares Offered	Not more than 50% of the Net Offer
NII (HNI) Shares Offered	Not less than 15% of the Net Offer
Retail Shares Offered	Not less than 35% of the Net Offer

GSP Crop Science IPO GMP Grey Market Premium

GMP is the gap between the issue price band and the price at which company shares are currently trading in the grey market. Do you want to get live updates on the GSP Crop Science IPO? If yes, then you’ve reached the right spot. Check the table below to learn about the GMP trends.

GMP DATE	IPO Price	GMP Price	Estimated Listing Price	Estimated Gain
19-3-2026	–	–	–	–
18-3-2026	–	–	–	–
17-3-2026	–	–	–	–
16-3-2026	₹320.00	₹0.00	₹320.00	0.00%
15-3-2026	₹320.00	₹0.00	₹320.00	0.00%
14-3-2026	₹320.00	₹0.00	₹320.00	0.00%
13-3-2026	₹320.00	₹0.00	₹320.00	0.00%
12-3-2026	₹320.00	₹0.00	₹320.00	0.00%
11-3-2026	₹0.00	₹0.00	₹0.00	0.00%
10-3-2026	₹0.00	₹0.00	₹0.00	0.00%
9-3-2026	₹0.00	₹0.00	₹0.00	0.00%
8-3-2026	₹0.00	₹0.00	₹0.00	0.00%

As of 16th March 2026, the GSP Crop Science IPO GMP stands at ₹0 per share, indicating the share will likely list at ₹320.00 on its tentative listing date, 24th March 2026.

GMP data is subject to change based on market trends and sentiments. You should check the live GMP status before applying for the GSP Crop Science IPO GMP. Stay informed with Univest for real-time insights into IPOs and their GMP trends.

GSP Crop Science IPO GMP Review

Check out the detailed GSP Crop Science GMP IPO review for a thorough understanding of its potential to report listing gains on 24th March 2026. The GSP Crop Science IPO review below will help you invest effectively to avoid significant losses. Explore more to make informed investment decisions on this IPO.

Financial Health

Assess a company’s financial performance to know about its ability to sustain a competitive edge. Thus, it is essential to understand the business’s economic growth and decline before applying for the GSP Crop Science IPO.

GSP Crop Science Limited’s revenue increased by 12.33% from ₹1,158.23 crore in March 2024 to ₹1,301.06 crore in March 2025. Moreover, the company’s PAT increased by 46.59% from ₹55.54 crore in March 2024 to ₹81.42 crore in March 2025.

GSP Crop Science IPO has shown consistent revenue growth, indicating the company’s financial stability. Moreover, brokers, investors, and RAs have a positive outlook for the GSP Crop Science IPO, with its tentative listing day set for 24th March 2026.

Technical Analysis

Several technical indicators are available to assess a company’s potential to deliver returns. Use the parameters mentioned below to analyse the technicals of the GSP Crop Science IPO.

Key Indicators	Value
PE Ratio (Price-to-Earnings)	15.34
EPS (Earnings Per Share)	20.87
RoNW	–
ROCE	15.45%
ROE	15.62%
EBITDA Margin	16.45%
Price to Book Value	–
Market Capitalisation	₹1,488.60 Cr.

The P/E ratio of GSP Crop Science Limited shares is 15.34, and its Earnings Per Share (EPS) stands at 20.87. Thus, the GSP Crop Science IPO can deliver gains on its tentative listing date, 24th March 2026.

Note: The data, as mentioned above, is taken from authentic sources and highlights pre-issue information. The PE ratio and EPS of GSP Crop Science Limited are subject to change after the IPO. Explore the table below to get post-issue updates on these two metrics.

Indicators	Pre-IPO	Post-IPO
PE Ratio	15.34	9.18
EPS	20.87	21.22

GSP Crop Science IPO Subscription Status

The GSP Crop Science IPO will open for bidding on 16th March 2026. The subscription status for this IPO is yet to be announced. Stay informed on this passage to check the live GSP Crop Science IPO Subscription Status.

Investor Categories	Shares Offered	Shares Subscribed	Subscription to the Times
QIB Shares Offered	Not more than 50% of the Net Offer	Yet to be announced	Yet to be announced
NII (HNI) Shares Offered	Not less than 15% of the Net Offer	Yet to be announced	Yet to be announced
Retail Shares Offered	Not less than 35% of the Net Offer	Yet to be announced	Yet to be announced

About GSP Crop Science Limited

GSP Crop Science was established in 1985 GSP Crop Science Limited is an agrochemical company that undertakes the business of manufacturing and supplying insecticides, herbicides, fungicides, and plant growth regulators. The company provides crop protection solutions that enable farmers to enhance their crop productivity. The company provides formulations and technicals that assist farmers in controlling pests, weeds, and diseases on their farmlands. The company provides its customers with its wide range of in-house developed agrochemicals that offer crop protection solutions through the development and supply of Formulations and Technicals to meet the needs of its customers. The company has served its customers who are located across 20 states in India for the six months ending September 30, 2025, and the Fiscals ending 2025, 2024, and 2023.

GSP Crop Science Limited Financials

The company’s financial analysis is essential before applying for the GSP Crop Science IPO. See the table for GSP Crop Science Limited’s financials.

Year Ended	30th Sep 2025 (in cr.)	31st March 2025 (in cr.)	31st March 2024 (in cr.)	31 Mar 2023 (in cr.)
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 Borrowings	321.13	295.60	235.44	324.26

Explanation

GSP Crop Science Limited IPO Promoter Holdings

Shareholding Pre-Issue	98.32%
Shareholding Post-Issue	–

Note: The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue.

Aim of the GSP Crop Science IPO

The primary aim of the GSP Crop Science IPO is to raise ₹400.00 crores, and the secondary objective is to:

To Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company
To General Corporate Purpose

Should I Invest in the GSP Crop Science IPO?

Explore the pros and cons of GSP Crop Science to decide whether to apply or avoid the issue. These pros and cons might help you understand the IPO’s efficiency in delivering profits over the coming decades.

Pros of the GSP Crop Science IPO

The company has a well-diversified product portfolio, including a wide range of insecticides, herbicides, fungicides, and plant growth regulators, making us a comprehensive solution provider for the customers.
The company has Strong in-house R&D capabilities with a focus on innovation and product development
The company is led by qualified and experienced Promoters and supported by a professional management team
The company has been catering to a large and diverse clientele both domestically and internationally.

Cons of the GSP Crop Science IPO

The company is highly dependent on raw material imports.
The company operates in a strict regulatory environment.
The company has volatility in raw material prices.
The company relies on a limited number of suppliers.

How to Apply for the GSP Crop Science IPO?

Check the steps mentioned below to apply for GSP Crop Science Ltd.

Step 1: Conduct thorough research on the GSP Crop Science IPO GMP, subscription status, issue size, lot size, and other details.
Step 2: Open a demat account with Univest to access real-time insights on GMP and subscription status. You can also use your previous demat account by navigating to the IPO section.
Step 3: Make a bid for 1 lots of 46 shares worth ₹14,720.
Step 4: You will receive a mandate request after making a bid. Approve the request to proceed further.

Note: You can apply for the GSP Crop Science IPO across multiple demat accounts to increase your chances of allotment.

How to Check the GSP Crop Science IPO Allotment Status?

You can check for the GSP Crop Science IPO allotment in different ways. These include NSE and the registrar portal. Follow the steps below to check your allotment status online.

Check On NSE

Visit the NSE Official Site
Navigate to the IPO Allotment Section.
Select Equity as the issue type.
Choose the GSP Crop Science IPO.
Choose whether to proceed with the PAN number or the application number.
Submit your details to get the allotment status online.

Check On the Registrar Portal

Visit the registrar portal.
Click on the allotment option.
Fill in the required details.
Click on the submit button to know your GSP Crop Science IPO allotment status.

Let’s Wrap

GSP Crop Science IPO is a book-building issue of shares worth ₹400.00 crore. The shares of GSP Crop Science Limited will be listed on the BSE and NSE on its tentative listing date of 24th March 2026. Researching the GSP Crop Science IPO GMP and reviews is highly recommended to achieve your desired profitability. Brokers and investors have highlighted their pros and cons, so one must analyse them and decide accordingly.

Open a demat account on Univest now to initiate your investment journey!

FAQs on GSP Crop Science IPO

How is the GSP Crop Science IPO?

Ans. Currently, on 16th March 2026, the GSP Crop Science GMP (Grey Market Premium) stands at ₹0. It indicates that the estimated listing price could be ₹320.00 per share. It is a book-building IPO of ₹400.00 per share. The face value of each GSP Crop Science share is ₹10.

What is the GSP Crop Science IPO price?

Ans. The GSP Crop Science IPO issue price band is set at ₹304 to ₹320 per share.

Is the GSP Crop Science IPO a good investment?

Ans. GSP Crop Science Limited’s revenue increased by 12.33% from ₹1,158.23 crore in March 2024 to ₹1,301.06 crore in March 2025. Moreover, the company’s PAT increased by 46.59% from ₹55.54 crore in March 2024 to ₹81.42 crore in March 2025.

Who is the registrar of the GSP Crop Science IPO?

Ans. MUFG Intime India Private Limited is the registrar for the GSP Crop Science IPO, awaiting the allotment process and initiating refunds. For any queries regarding the GSP Crop Science allotment and refund, you can contact MUFG Intime India Private Limited at gspcrop.ipo@linkintime.co.in or at +91-22-4918 6270.

What is the issue size of the GSP Crop Science IPO?

Ans. GSP Crop Science IPO is a bookbuilding IPO of ₹400.00 crores. Moreover, the IPO is set to open on 16th March 2026 and close on 18th March 2026.

Disclaimer: The above information is compiled from authentic sources and is just for informational purposes. To have detailed information about the GSP Crop Science IPO, download the GSP Crop Science IPO RHP and GSP Crop Science IPO DRHP. Conduct your research before investing in IPOs to avoid significant losses. You can also consult your financial advisor.