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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the GSP Crop Science Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹320
Per ShareLot Size
46 Shares
Minimum Investment
₹14,720
Issue Size
₹400 Cr
Face Value
₹10
Per ShareIPO Type
Book Building
Retail Quota
35%
QIB Quota
50%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
98.3%
Promoter Holding (Post-Issue)
71.72%
Issue Type
Book Building
ISIN
INE713R01022
The Company is a research-driven agrochemical company, specializing in the development and manufacturing of insecticides, herbicides, fungicides and plant growth regulators in India, with over 40 years of experience in the agrochemical industry. The company operates under two distinct businesses which are categorized as (i) Formulations; and (ii) Technicals. Details of revenue generated from Formulations and Technicals for the six months ended September 30, 2025 and for Fiscals 2025, 2024 and 2023,
As per the ICRA Report, the size of the agrochemicals market in India reached Rs. 366 billion during Fiscal 2025, reflecting a compound annual growth rate (CAGR) of 12.4% from Fiscals 2020 to 2025. The agrochemical industry is characterized by intense competition, which necessitates continuous innovation. With its varied agro-climatic conditions and extensive agriculture terrain, India stands as one of the foremost producers and consumers of agrochemicals on a global scale. Our key listed peers in the sector includes PI Industries Limited, Sumitomo Chemical India Limited, Dhanuka Agritech Limited, Rallis India Limited, Bharat Rasayan Limited, India Pesticides Limited, Excel Industries Limited, Heranba Industries Limited, Crystal Crop Protection Limited and Tagros Chemicals India Private Limited. Recent developments in agriculture practices, improved technology, rise in investments coupled with favourable government policies have led to robust growth in the sector. Agrochemicals play a key role in improving crop yield and prevention against pests and diseases. With the food demand projected to reach $1.2 trillion by Fiscal 2026, agrochemicals are essential in addressing food security challenges and driving growth in the sector. The industry has been encountering obstacles, including rigorous regulatory requirements and the prevalence of counterfeit products. Nevertheless, the Indian agrochemical market is set for consistent growth, bolstered by advancements in agriculture technology, increased mechanization, and ongoing initiatives to boost agriculture productivity to satisfy the food needs of an expanding population. Indian agrochemical companies are investing heavily in backward integration, investing on the production of off-patent molecules to reduce dependency on imports from China.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 125,000,00 equity shares of face value of Rs. 10 each ("Equity Shares") of GSP Crop Science Limited ("The Company" or the "Issuer") for cash at a price of Rs.320 per equity share (Including a Share Premium of Rs. 310 per Equity Share) ("Offer Price") aggregating to Rs. 400 Crores (The "Offer"). The offer comprises of a fresh issue of 7,500,000 equity shares by the company aggregating to Rs. 240.00 Crores (The "Fresh Issue") and an offer for sale of 5,000,000 equity shares (The "Offered Shares") aggregating to Rs. 160 Crores (The "Offer for Sale"), comprising 2,000,000 equity shares aggregating to Rs.64 Crores by Vilasben Vrajmohan Shah, up to 1,500,000 equity shares aggregating to Rs. 48 Crores by Bhavesh Vrajmohan Shah and 1,500,000 equity shares aggregating to Rs.48 Crores by Kappa Trust (The "Promoter Selling Shareholders"). The offer constituted 26.87% of the post-offer paid-up equity share capital of the company. The company, in consultation with the brlms, may consider issue of specified securities, as may be permitted under the applicable law, aggregating up to Rs. 56.00 crores, at its discretion, prior to filing of the roc ("Pre-Ipo Placement"). The Pre-Ipo placement, if undertaken, will be at a price to be decided by the company, in consultation with the brlms. if the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the fresh issue, subject to compliance with rule 19(2)(b) of the securities contracts (Regulation) rules, 1957, as amended. The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the fresh issue. Prior to the completion of the offer and the allotment pursuant to the pre-ipo placement, the company shall appropriately intimate the subscribers to the pre-ipo placement, that there is no guarantee that the company may proceed with the offer or the offer may be successful and will result into listing of the equity shares on the stock exchanges. Further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (If Undertaken). Price Band: Rs. 320 per equity share of face value of Rs. 10 each. The floor price is 32.00 times the face value of the equity shares. Bids can be made for a minimum of 46 equity shares of face value of Rs. 10 each and in multiples of 46 equity shares of face value of Rs. 10 each thereafter
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
The Company was originally incorporated as "Gujarat Superphosphate Industries Private Limited" as a private limited company under the Companies Act, 1956 through a certificate of incorporation dated February 12, 1985 issued by the Registrar of Companies, Gujarat at Ahmedabad ("RoC"). The name of the Company was thereafter changed to "GSP Crop Science Private Limited" and a fresh certificate of incorporation dated September 19, 2003 was issued by the RoC. The name of the Company was thereafter changed to "GSP Crop Science Limited" upon conversion to a public limited company pursuant to a Board resolution dated September 26, 2024, a special resolution passed in the extraordinary general meeting of the Shareholders held on October 7, 2024, and consequently a fresh certificate of incorporation dated November 6, 2024, was issued by the RoC to reflect the change in name.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.