The subscription period for the initial public offering (IPO) of GSP Crop Science IPO ended on Wednesday, March 18. The IPO's bidding window was open from March 16. The issue saw a strong demand, with the IPO being oversubscribed 1.61 times on the final day of bidding. Non-institutional investors led the demand, subscribing 3.05 times their allotted quota, followed by Qualified institutional buyers at 2.66 times. The retail segment of the IPO was subscribed 0.40 times. Overall, investors bid for 1,43,61,844 shares against 89,47,367 shares on offer.
The GSP Crop Science IPO is a book-built issue of Rs 400 crore. It includes a fresh issue of 75 lakh shares of Rs 240 crore and an offer-for-sale component of 50 lakh shares aggregating to Rs 160 crore. The IPO's price band was set between Rs 304 and Rs 320 per share.
With the bidding period now over, GSP Crop Science IPO's allotment is tentatively scheduled for Friday, March 20. The credit of shares to demat accounts and the initiation of refunds are both expected on March 23. GSP Crop Science IPO is scheduled to list on the BSE and NSE with the tentative listing date being March 24.
Equirus Capital Pvt. Ltd. is the book-running lead manager, while MUFG Intime India Pvt. Ltd. is the registrar for the issue.
Applicants can check their allotment status on Friday, March 20, either on the BSE or NSE websites, or through MUFG Intime.
GSP Crop Science IPO: How To Check Allotment Status On MUFG Intime
Visit the IPO allotment status page on the MUFG Intime website here.
Select GSP Crop Science Limited from the company dropdown.
Choose a search method: Application Number, DP/Client ID, PAN, or Account/IFSC.
Enter the required details.
Complete the Captcha verification.
Click Submit to view your allotment status.
GSP Crop Science IPO: How To Check Allotment Status On BSE
Visit the BSE allotment page here.
Under the Issue Type field, select Equity.
From the Issue Name dropdown, choose GSP Crop Science Limited.
Enter your Application Number or PAN.
Complete the Captcha verification.
Click Search to check your allotment status.
GSP Crop Science IPO: How To Check Allotment Status On NSE
Visit the NSE IPO allotment status page here.
Select ‘Equity & SME IPO bid details.'
Choose GSPCROP as the issue symbol.
Enter your PAN and Application Number.
Click Submit to view your details.
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GSP Crop Science IPO GMP Today
According to InvestorGain, the last GMP for the GSP Crop Science IPO was Rs 0, updated on March 19 at 9 a.m. Considering the upper end of the price band of Rs 320, the estimated listing price stands at Rs 320 (cap price plus today's GMP), implying an expected gain or loss of 0% per share.
Note: GMP does not represent official data and is based on speculation.
About GSP Crop Science
GSP Crop Science Ltd., established in 1985, is an agrochemical company that manufactures insecticides, herbicides, fungicides and plant growth regulators. The company provides crop protection solutions to help farmers improve productivity, offering formulations and technicals (concentrated active ingredients) for effective pest, weed and disease control. As of September 30, 2025, the company has served customers across 20 states in India.
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