GSP Crop Science IPO allotment: The basis of allotment of the GSP Crop Science IPO is expected to be finalised on Friday, March 20, 2026. The details will be out on the portals of the NSE, the BSE and the registrar, MUFG Intime India.
The issue was subscribed 1.61 times, with bids for 1,43,61,844 shares as against 89,47,367 shares on offer, according to the consolidated data on the NSE website.
| Category | Reserved | No of Shares Bid For | No of Times |
|---|---|---|---|
| Qualified Institutional Buyers | 24,99,998 | 66,46,356 | 2.66 |
| Non-Institutional Investors | 19,34,211 | 58,89,840 | 3.05 |
| Retail Investors | 45,13,158 | 18,25,648 | 40% |
| Total | 89,47,367 | 1,43,61,844 | 1.61 |
The initial public offering was a mix of new shares totalling ₹240 crore and an offer for sale (OFS) of ₹160 crore by promoters Bhavesh Vrajmohan Shah, Vilasben Vrajmohan Shah and Kappa Trust. The issue size is ₹400 crore.
The money generated will be used for repayment of outstanding borrowings of the company and general corporate purposes.
GSP Crop Science is a research-oriented agrochemical company, which develops and manufactures insecticides, herbicides, fungicides and plant growth regulators in India.
The company's net profit stood at ₹83.44 crore in the fiscal year 2025 as against ₹61.33 crore in the financial year 2023-24. It reported revenue from operations of ₹1,287.38 crore in FY25 compared to ₹1,152.16 crore in FY24.
GSP Crop Science IPO allotment date
GSP Crop Science IPO allotment is likely to be finalised on Friday, March 20, by late evening.
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How to check GSP Crop Science IPO allotment status online on NSE
- Go to NSE's IPO status page: https://www.nseindia.com/invest/check-trades-bids-verify-ipo-bids
- Choose 'Equity & SME IPO bid details'
- Pick 'GSPCROP' from the 'Select Symbol' list
- Fill in your application number and PAN card details
- Hit the 'Submit' button
Steps to check GSP Crop Science IPO allotment status online on BSE
- Head to this link: https://bseindia.com/investors/appli_check.aspx
- Select 'Equity' as the issue type
- Choose 'GSP Crop Science' from IPO list
- Add either your IPO application number or PAN details
- Press the 'Search' button
GSP Crop Science IPO allotment status online on MUFG Intime India
- Head to registrar's allotment status page: https://in.mpms.mufg.com/Initial_Offer/public-issues.html
- Select 'GSP Crop Science Limited' from the issue names
- Enter any one: application no., PAN, DP/client ID or account No/IFSC
- Hit the 'Submit' button
GSP Crop Science IPO listing date
Shares of GSP Crop Science IPO will make their stock market debut on March 24.