GSP Crop Science IPO GMP, Price, Allotment, Profit Estimate 2026

GSP Crop Science IPO Description – GSP Crop Science is a research-driven agrochemical manufacturer engaged in the development, production, and distribution of crop protection products, including insecticides, herbicides, fungicides, and plant growth regulators. With over 40 years of experience in the agrochemical industry, the company operates across two primary business segments—Formulations and Technicals—providing solutions that help farmers improve crop productivity and protect agricultural output. As of 30 September 2025, the company held 524 registrations across formulations and technicals.

GSP Crop Science holds 102 patents and 108 patent applications under process. The company operates five manufacturing facilities in Gujarat and Jammu & Kashmir with an aggregate installed capacity of 15,120 MTPA for technicals and 43,672 MTPA for formulations. Its products are distributed across 20 Indian states and exported to 37 countries, including the United States, Brazil, Vietnam, UAE, and Australia. As of 30 September 2025, GSP’s total workforce consisted of 1,221 permanent employees.

Promoters of GSP Crop Science – Bhavesh Vrajmohan Shah, Tirth Kenal Shah, Vilasben Vrajmohan Shah, Falguni Kenal Shah, Alpha Trust, and Kappa Trust

GSP Crop Science IPO Details

GSP Crop Science IPO Dates	16 – 18 March 2026
GSP Crop Science IPO Price	Coming soon
Fresh issue	INR 240 crore
Offer For Sale	50,00,000 shares
Total IPO size	Coming soon
Minimum bid (lot size)	Coming soon
Face Value	INR 10 per share
Retail Allocation	35%
Listing On	NSE, BSE

GSP Crop Science Financial Performance

	FY 2023	FY 2024	FY 2025	H1 FY 2026
Revenue	1,203.31	1,152.16	1,287.39	844.29
Expenses	1,182.72	1,081.67	1,191.38	739.86
Net income	17.57	55.54	81.42	81.07
Margin (%)	1.46	4.82	6.32	9.60

Figures in INR Crores unless specified otherwise

GSP Crop Science Offer News

GSP Crop Science Valuations & Margins

	FY 2023	FY 2024	FY 2025 (Pre Issue)	FY 2026 (Post-Issue)*
EPS	5.16	14.89	21.38
PE Ratio	–	–	–	–

* Calculated on the basis of annualized Profits After Tax for FY 2026

	FY 2023	FY 2024	FY 2025
RONW (%)	4.79	15.00	18.38
NAV	88.18	94.94	115.34
ROCE (%)	9.00	18.91	19.80
EBITDA (%)	6.75	11.32	12.74
Debt/Equity	0.77	0.53	0.58

*Compiled by IPO Central from Prospectus

GSP Crop Science IPO GMP Today (Daily Trend)

GSP Crop Science IPO Objectives

The company proposes to utilize the Net Proceeds from the Fresh Issue towards funding the following objects:

Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the company – INR 170 crore
General corporate purposes

GSP Crop Science IPO Subscription – Live Updates

Coming soon

() Shares allotted to anchor investors are not included in these calculations. Similarly, () shares allotted to market makers are not part of these calculations.

GSP Crop Science – Comparison With Listed Peers

Company	PE ratio	EPS	RONW (%)	NAV	Revenue (Cr.)
GSP Crop Science	–	21.20	18.38	115.34	1,287.39
PI Industries	28.25	109.42	16.35	669.47	7,977.80
Sumitomo Chemical	39.23	10.13	17.42	58.12	3,148.52
Dhanuka Agritech	15.13	65.55	21.18	311.17	2,035.15

GSP Crop Science IPO Allotment Status

GSP Crop Science IPO allotment status will be available on MUFG Intime’s website. Click on this link to get the allotment status.

GSP Crop Science IPO Dates & Listing Performance

IPO Opening Date	16 March 2026
IPO Closing Date	18 March 2026
Finalization of Basis of Allotment	20 March 2026
Initiation of refunds	23 March 2026
Transfer of shares to demat accounts	23 March 2026
GSP Crop Science IPO Listing Date	24 March 2026
Opening Price on NSE	Coming soon
Closing Price on NSE	Coming soon

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GSP Crop Science Offer Lead Manager

EQUIRUS CAPITAL PRIVATE LIMITED
12th Floor, C Wing, Marathon Futurex,
N M Joshi Marg, Lower Parel,
Mumbai 400 013, Maharashtra
Phone: +91 (22) 4332 0736
Email: [email protected]
Website: www.equirus.com

GSP Crop Science Offer Registrar

MUFG INTIME (LINK INTIME) INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]
Website: www.in.mpms.mufg.com

GSP CROP SCIENCE LIMITED
404, Lalita Complex, Rasala Road, Mithakhali Six Road,
Navrangpura, Ahmedabad, 380 009, Gujarat, India
Phone: +91 79 61915165
Email: [email protected]
Website: www.gspcrop.in

GSP Crop Science IPO FAQs

How many shares in GSP Crop Science IPO are reserved for HNIs and retail investors?

The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%.

How to apply for GSP Crop Science Public Offer?

The best way to apply for GSP Crop Science public offer is through Internet banking ASBA (know all about ASBA here). You can also apply online through your stockbroker using UPI. If you prefer to make paper applications, fill up an offline IPO form and deposit it to your broker.