GSP Crop Science Limited subscribed 1.61 times on Final Day of Bidding
Mumbai, March 18, 2026: The Initial Public Offering of GSP Crop Science Limited was subscribed 1.61 times on the final day of bidding.
The issue received bids of 1,43,61,844 equity shares against the offered 89,47,367 equity shares, according to data available on the stock exchanges.
Non-Institutional Investors (NII) Portion was subscribed 3.05 times. Qualified Institutional Buyers (QIB) and Retail Portion were subscribed 2.66 times and 0.40 times, respectively.
Company Information
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 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 provides its customers with crop protection solutions designed to support farmers in maximizing productivity and achieving optimal agricultural output through development, manufacturing, supply and distribution of formulations, which refer to products composed of active ingredients, chemical compounds in a product responsible for achieving the desired effects on the target pests, weeds, or plant diseases and additives, which improve the product’s performance, stability, and ease of use, in definite proportion obtaining well-defined target properties (Formulations).
As of September 30, 2025, the company has received 524 registrations across formulations and technicals for agrochemicals manufactured by it.
As a research driven agrochemicals company, the company's research and development efforts over the years have led it to being granted 102 patents as of the date of this Red Herring Prospectus.
The company’s revenue from operations was Rs 844.2 crore for the six months ended September 30, 2025, and its net profit was Rs 81 crore.
Its revenue from operations was Rs 1,287.38 crore during FY25 as against Rs 1,203.3 crore during FY23. Its net profit was Rs 81.4 crore during FY25 as against Rs 17.5 crore during FY23.
The table below shows subscription data for all the categories of investors:
GSP Crop Science Limited Last updated on 18 Mar 2026 | 05:24:00 PM | ||||
Sr.No. | Category | No.of shares offered / reserved | No. of shares bid for | No. of times of total meant for the category |
1 | Qualified Institutional Buyers (QIBs) | 24,99,998 | 66,46,356 | 2.66 |
1(a) | Foreign Institutional Investors (FIIs) | - | 44,36,746 | - |
1(b) | Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies) | - | 4,508 | - |
1(c) | Mutual Funds | - | - | - |
1(D) | Others | - | 22,05,102 | - |
2 | Non Institutional Investors(NIIS) | 19,34,211 | 58,89,840 | 3.05 |
2.1 | Non Institutional Investors(Bid amount of more than Ten Lakh Rupees) | 12,89,474 | 51,40,224 | 3.99 |
2.1(a) | Corporates | - | 32,00,496 | - |
2.1(b) | Individuals (Other than RIIs) | - | 18,89,680 | - |
2.1(c) | Others | - | 50,048 | - |
2.2 | Non Institutional Investors(Bid amount of more than Two Lakh Rupees and upto 10 lakh rupees) | 6,44,737 | 7,49,616 | 1.16 |
2.2(a) | Corporates | - | 1,288 | - |
2.2(b) | Individuals (Other than RIIs) | - | 7,34,896 | - |
2.2(c) | Others | - | 13,432 | - |
3 | Retail Individual Investors (RIIs) | 45,13,158 | 18,25,648 | 0.40 |
3(a) | Cut Off | - | 14,17,306 | - |
3(b) | Price Bids | - | 4,08,342 | - |
4 | Employee Reserved | - | - | - |
4(a) | Employee (Cut off) | - | - | - |
4(b) | Employee (Price) | - | - | - |
5 | Reservation PortionShareholder | - | - | - |
5(a) | RPS (Cut off) | - | - | - |
5(b) | RPS (Price) | - | - | - |
Total | 89,47,367 | 1,43,61,844 | 1.61 | |
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