GSP Crop Science IPO Details, Financials, Valuation & Peers
Explore GSP Crop Science IPO details, including IPO dates, financial statements, valuation, peer comparison and more.
Overview
GSP Crop Science Limited is an agrochemical company incorporated in 1985. The company's core business involves the manufacturing and supply of crop protection solutions. Their main products include insecticides, herbicides, fungicides, and plant growth regulators, offered as both Formulations (active ingredients and additives) and Technicals (concentrated active ingredients).
GSP Crop Science focuses on the agricultural industry, providing solutions to help farmers increase productivity through effective pest, weed, and disease control.
Key highlights include:
- Diverse Product Portfolio: Offers a wide range of in-house manufactured agrochemicals.
- Strong B-to-B Relationships: Maintains established, long-term relationships with domestic and international B-to-B customers, including major agrochemical companies.
- Intellectual Property: As of September 30, 2024, the company holds 89 patents and has secured 507 registrations for its agrochemicals.
- R&D Investment: Invests in research and development with dedicated facilities for product development and production of complex chemistries.
- Significant Patented Revenue: Revenue from patented products contributed ₹1,441.11 million (20.73%) for the six months ended September 30, 2024.
Objects of the Issue
- Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company
- General Corporate Purpose
- Total
IPO Details
Discover essential information crucial for understanding an IPO, including the Price Band, Fresh Issue, Offer For Sale, Total IPO Size and more. Explore these key details to gain insight into the company's public offering.
| Fields | Details |
|---|---|
| IPO Dates | 16 Mar - 18 Mar 2026 |
| IPO Price Band | ₹304 - ₹320 per share |
| Fresh Issue | 240.00 Cr |
| Offer For Sale | 160.00 Cr |
| Total IPO Size | 400.00 Cr |
| Face Value | 10 |
| Listing On | BSE, NSE |
IPO Timeline
Explore important dates like IPO opening, closing, listing and others, outlining the journey of the Public Offering. This will help you grasp the entire IPO journey effortlessly.
| Event | Date |
|---|---|
| IPO Opening Date | 16 Mar 2026 |
| IPO Closing Date | 18 Mar 2026 |
| Basis Of Allotment | 20 Mar 2026 |
| Refunds | 23 Mar 2026 |
| Demat Transfer | 23 Mar 2026 |
| IPO Listing Date | 24 Mar 2026 |
Financial Statements
Explore a comprehensive financial data table showcasing key metrics including revenue, expenses, net income, and others. Gain valuable insights about the company's financial performance at a glance, facilitating informed decision-making and strategic planning for subscribing to the IPO.
| Period Ended | 31 Mar 2023 | 31 Mar 2024 | 31 Mar 2025 | 30 Sep 2025 |
|---|---|---|---|---|
| Assets | 1,132.13 | 980.34 | 1,228.50 | 1,491.69 |
| Total Income | 1,206.05 | 1,158.23 | 1,301.06 | 847.61 |
| Profit After Tax | 17.57 | 55.54 | 81.42 | 81.07 |
| EBITDA | 81.28 | 130.41 | 164.03 | 138.86 |
| NET Worth | 363.47 | 370.46 | 450.03 | 529.85 |
| Reserves and Surplus | 336.00 | 344.46 | 411.02 | 490.84 |
| Total Borrowing | 324.26 | 235.44 | 295.60 | 321.13 |
* NPM represents the net profit margin, calculated as a percentage. All other figures are presented in crore (₹cr)
Peer Comparison
Compare key financial metrics with industry peers to gain valuable insights into the company's performance compared to its competitors.
| Name | P/E | EPS | RoNW | NAV |
|---|---|---|---|---|
| GSP Crop Science | 15.09 | 21.2 | 18.38% | 115.34 |
| Heranba Industries | 252.92 | 0.77 | 0.37% | 210.13 |
| Excel Industries | 13.13 | 67.87 | 5.37% | 1263.83 |
| India Pesticides | 21.57 | 7.14 | 9.15% | 78.01 |
| Bharat Rasayan | 4.14 | 339.14 | 12.47% | 2719.44 |
| Rallis India | 40.12 | 6.43 | 6.61% | 97.92 |
| Dhanuka Agritech | 15.13 | 65.55 | 21.18% | 311.17 |
| Sumitomo Chemical India | 39.23 | 10.13 | 17.42% | 58.12 |
| PI Industries | 28.25 | 109.42 | 16.35% | 669.47 |
* Revenue in (₹cr), RoNW in (%), EPS, NAV in (₹). P/E ratio is based on the highest price from the IPO price band.
IPO Reservation
| Investor Type | Shares Offered |
|---|---|
| Qualified Institutional Buyer (QIB) | Not more than 50% of the Net Offer |
| Non-Institutional Investor (NII/HNI) | Not less than 15% of the Net Offer |
| Retail Individual Investor (RII) | Not less than 35% of the Net Offer |
Subscription Data from NSE and BSE
| Investor Type | Subscribed |
|---|---|
| Qualified Institutional Buyer (QIB) | 2.66 |
| Non-Institutional Investor (NII/HNI) | 3.14 |
| Retail Individual Investor (RII) | 0.42 |
| Total | 1.64 |
* All figures represent multiples of the subscription. Check subscriptions for other ongoing issues here.
IPO Registrar
MUFG Intime India Private Limited (Formerly known as Link Intime India Private Limited)
Phone: + 91 810 811 4949
Email: ipo.helpdesk@linkintime.co.in
Website: https://linkintime.co.in/
Lead Managers
- Motilal Oswal Investment Advisors Ltd.
- Equirus Capital Pvt.Ltd.
Company Address
GSP Crop Science Ltd.
404, Lalita Complex, Rasala Road,
Mithakhali Six Road,
Navrangpura,
Ahmedabad, Gujarat –380009
Website:https://www.gspcrop.in/
Phone:+91 79 61915165
Email:cs@gspcrop.com
FAQs
- What is the issue size of the GSP Crop Science IPO?The GSP Crop Science IPO has an issue size of 400.00 Cr. This includes a fresh issue of 240.00 Cr and an offer for sale (OFS) of 160.00 Cr.
- What is the price band of the GSP Crop Science IPO?The price band for the GSP Crop Science IPO is ₹304 - ₹320 per share.
- What are the bidding dates for the GSP Crop Science IPO?The GSP Crop Science IPO will open for bidding on 16 Mar 2026 and close on 18 Mar 2026.
- What is the allotment date for the GSP Crop Science IPO?The allotment date for the GSP Crop Science IPO is 20 Mar 2026.
- What is the minimum lot size and investment required for the GSP Crop Science IPO?The minimum lot size for the GSP Crop Science IPO is 46 shares and the minimum investment required is ₹14,720.
- What is the listing date for the GSP Crop Science IPO?The listing date for the GSP Crop Science IPO is 24 Mar 2026.
- What is the GSP Crop Science IPO grey market premium?The grey market premium (GMP) for the GSP Crop Science IPO is currently at ₹2, with an expected listing gain of approximately 0.62%. Remember, the grey market premium is not an official indicator, but it reflects market perception and demand for the IPO shares.