Agrochemical company GSP Crop Science Ltd announced its Rs 400 crore initial public offering (IPO), scheduled to open on March 16 and close on March 18. The IPO price band has been fixed at Rs 304–Rs 320 per share, with listing planned on March 24.
GSP Crop Science, a leading player in India’s agrochemical sector, is set to launch its IPO to raise Rs 400 crore. The offering includes both a fresh issue and an offer for sale, with proceeds earmarked for debt repayment and general corporate purposes.
IPO Details
The IPO comprises a fresh issue of shares worth Rs 240 crore and an offer for sale of 50 lakh equity shares. Investors can bid for one lot of 46 shares and in multiples thereafter. Anchor investor allocation is scheduled for March 13, while listing will take place on the BSE and NSE on March 24.
Key Highlights
* IPO size: Rs 400 crore
* Price band: Rs 304–Rs 320 per share
* Subscription window: March 16–18, 2026
* Anchor investor allocation: March 13, 2026
* Listing date: March 24, 2026 on BSE and NSE
* Fresh issue: Rs 240 crore; OFS: 50 lakh shares
* Funds to be used for debt repayment and corporate purposes
* Post-listing market capitalization estimated at Rs 1,488.6 crore at upper band
Why It Matters
The IPO provides GSP Crop Science with capital to strengthen its balance sheet and expand operations in the agrochemical industry. For investors, the offering presents an opportunity to participate in India’s growing agricultural inputs sector, supported by rising demand for crop protection products.
Sources: Mint, CNBC TV18, The Economic Times