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GSP Crop Science

GSP Crop Science

Open Date

Mar 16, 2026

Close Date

Mar 18, 2026

listed

Min Investment

₹14,720

Lot Size

46 Shares

Issue Size

₹400 Cr

Price Range

₹304 - ₹304

Listing Date

Mar 24, 2026

IPO Doc

RHP PDF

About GSP Crop Science

GSP Crop Science Limited is an agrochemical company that was incorporated in 1985 and is in the business of manufacturing insecticides, herbicides, fungicides, and plant growth regulators. The company offers crop protection solutions that help farmers achieve maximum productivity. It offers crop protection solutions in the form of formulations and technicals for effective control of pests, weeds, and diseases in plants. The company offers diverse in-house manufactured agrochemicals and crop protection solutions through the development, manufacture, supply, and distribution of Formulations and Technicals to meet customer needs. The company has built long-term relationships with domestic and international B-to-B customers in the agrochemical industry and thus provides diversity in terms of customers in dynamic business conditions. As of September 30, 2024, the company received 507 registrations for its agrochemicals and holds 89 patents. Revenue generated by the company through patented products for six months ended September 30, 2024, was ₹1,441.11 million (20.73%). The company invests in R&D to develop and improve Formulations and Technicals. It has dedicated facilities at Kathwada and Odhav for testing and commercialization of its products and for producing complex chemistries for the Agrochem industry.

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0GMP

GSP Crop Science IPO - Issue Objectives

The company will make a repayment of ₹170 crore for the borrowings availed by the business. Part of the IPO proceeds will be used for general corporate purposes and issue expenses

Repayment of borrowings

70.83%

General corporate purposes

29.17%

1

Repayment of borrowings

The company will make a repayment of ₹170 crore for the borrowings availed by the business.

70.83%
2

General corporate purposes

Part of the IPO proceeds will be used for general corporate purposes and issue expenses

29.17%

IPO Subscription Status

Retails
0.40x
QIB
2.43x
NII
3.04x

Financials of GSP Crop Science

In Cr.

Revenue: ₹847.61

EBITDA: ₹138.86

Profit: ₹81.07

Total Income
EBITDA
Total Profit
Negative Value
Key Performance Indicator30-Sep-25 (In Cr.)31-Mar-25 (In Cr.)31-Mar-24 (In Cr.)31-Mar-23 (In Cr.)
Revenue847.611,301.061,158.231,206.05
EBITDA138.86164.03130.4181.28
Expenses
Profit After Tax81.0781.4255.5417.57
Assets1,491.691,228.50980.341,132.13
Net Worth529.85450.03370.46363.47
Reserves490.84411.02344.46336.00
Borrowing321.13295.60235.44324.26

GSP Crop Science - Promoter(s)

Bhavesh Vrajmohan Shah

Tirth Kenal Shah

Vilasben Vrajmohan Shah

Falguni Kenal Shah

Alpha trust

Kappa Trust

Pre Issue Share Holding

98.32%

Post Issue Share Holding

N/A

About Strength & Risks

Contact Details

GSP Crop Science

404, Lalita Complex, Rasala Road, Mithakhali Six Road, Navrangpura, Ahmedabad, Gujarat, 380009

GSP Crop Science IPO - FAQs

GSP Crop Science IPO is a Mainboard IPO. The issue is priced at 304-₹320. The minimum order quantity is 46 Shares. The IPO opens on 16 Mar, and closes on 18 Mar. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

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