GSP Crop Science
Listing performance
Scheduled dates
Tentative timetable — a past date is not confirmation the step completed
Grey market premium
Unofficial and indicative — not a forecast
3 observations recorded — too few to plot a trend.
Day-wise premium · 3 observations
| Date | GMP | % | Sauda | Est. listing | Gain / lot |
|---|---|---|---|---|---|
| 24 Mar 2026 | ₹2 | +0.63% | ₹100 | ₹322 | ₹92 |
| 23 Mar 2026 | ₹2 | +0.63% | ₹100 | ₹322 | ₹92 |
| 22 Mar 2026 | ₹2 | +0.63% | ₹100 | ₹322 | ₹92 |
Gain per lot assumes the premium holds to listing and that the application is allotted — allotment in an oversubscribed issue is a lottery, so it is indicative, not expected. Sauda is the rate paid for a submitted application itself.
Issue details
- IPO date
- 16 Mar 2026 – 18 Mar 2026
- Listing date
- 24 Mar 2026
- Face value
- ₹10 per share
- Price band
- ₹304 – ₹320
- Issue price
- ₹320 per share
- Lot size
- 46 shares
- Issue type
- Book Building issue
- Listing at
- BSE
- Total issue size
- ₹400 Cr
- Market cap at offer price
- ₹1,489 Cr
- Promoter holding
- 98.32% → 71.72% pre-issue → post-issue
- ISIN
- INE713R01022
- Registrar
- MUFG Intime India Pvt.Ltd.
- Lead managers
- Equirus Capital Pvt.Ltd.
- Registered office
- 404, Lalita Complex, Rasala Road, Mithakhali Six Road, Navrangpura, Gujarat
Reservation and application size
How the issue is split between investor categories, and what each may bid
| Investor category | Shares | % of net | % of total |
|---|---|---|---|
| Anchor investor · within QIB | 37,50,000 | — | — |
| Market maker | 0 | — | — |
Application size
Minimum 46 shares per lot, in multiples, at ₹320
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 1 | 46 | ₹14,720 |
| Retail (max) | 13 | 598 | ₹1,91,360 |
| S-HNI (min) | 14 | 644 | ₹2,06,080 |
| S-HNI (max) | 67 | 3,082 | ₹9,86,240 |
| B-HNI (min) | 68 | 3,128 | ₹10,00,960 |
Category limits
| Category | Bid size | Cut-off |
|---|---|---|
| Retail (RII) | Up to ₹2 lakh | Yes |
| Small HNI (sNII) | ₹2 lakh – ₹10 lakh | No |
| Big HNI (bNII) | Above ₹10 lakh | No |
| Employee | Up to ₹5 lakh | Yes |
Bidding at cut-off means accepting the final issue price without naming one. Only retail and employee applicants may do so.
Anchor investors
Institutional allocation placed a day before the issue opens, carved out of the QIB portion and locked in after listing.
Valuation and performance
Valuation at offer price
₹320 per share
| Metric | Pre-issue | Post-issue |
|---|---|---|
| EPS (₹) | 20.87 | 21.22 |
| P/E (×) | 15.33 | 15.08 |
| Price to book (×) | 2.77 | — |
| Market cap | — | ₹1,489 Cr |
Key performance indicators
Latest reported period
- ROCE
- 19.80%
- Debt / equity
- 0.58
- PAT margin
- 6.26%
- EBITDA margin
- 12.74%
- NAV per share
- ₹115.34
- Price to book
- 2.77
Single period as reported. Year-on-year movement is in the financials table below, where every period is published.