31 Mar 2023
Assets1,132.13
Total Income1,206.05
EBITDA81.28
Profit After Tax17.57
NET Worth363.47
Reserves and Surplus336.00
Total Borrowing324.26
At a glance
Updated 2026-09-09The shares listed at ₹328.00, a 2.50% move from the issue price. GSP Crop Science is a Mainboard IPO with an issue size of ₹400.00 crore, proposed for listing on BSE, NSE. The offer opens on 16th Mar 2026 and closes on 18th Mar 2026. The issue structure includes a fresh issue of ₹240.00 crore and an offer-for-sale component of ₹160.00 crore. The current listing schedule points to 24th Mar 2026.
Issue details
Listing atBSE, NSE
Issue typeBook Build Issue
Issue size₹400.00 Cr
Fresh issue₹240.00 Cr
Offer for sale₹160.00 Cr
Face value₹10
Price band₹304.00–₹320.00
Allotment20th Mar 2026
Listing24th Mar 2026
Listing performance
Full performance ↗Issue price₹320.00
Listing price₹328.00
Current price—
Listing gain2.50%
Current return—
Price progressionIssue → Listing → Current
Grey market
GMP page ↗Latest GMP₹2.00
GMP / upper price0.63%
Est. listing₹322.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens16th Mar 2026
Closes18th Mar 2026
Allotment20th Mar 2026
Refund23rd Mar 2026
Demat23rd Mar 2026
Listing24th Mar 2026
Subscription demand
Full bidding ↗QIB2.66×
sHNI1.20×
bHNI4.11×
NII / HNI4.11×
Retail0.42×
Total1.64×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Minimum Bid | 1 | 46 | ₹14,720 |
Reservation
Issue mix
QIB50.00%6,250,000 shares
Anchor Investor30.00%3,750,000 shares
QIB (Ex. Anchor)20.00%2,500,000 shares
NII (HNI)15.00%1,875,000 shares
bNII > ₹10L10.00%1,250,000 shares
sNII < ₹10L5.00%625,000 shares
Retail35.00%4,375,000 shares
Total100.00%12,500,000 shares
Company
Incorporated1985
Use of proceeds
| Object | Amount |
|---|---|
| Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company | ₹170.00 Cr |
| General Corporate Purpose | ₹50.32 Cr |
| Issue Expenses | ₹32.81 Cr |
| Total | ₹253.12 Cr |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Revenue847.61₹ Cr · -34.9% vs prior year
EBITDA138.86₹ Cr · -15.3% vs prior year
PAT81.07₹ Cr · -0.4% vs prior year
Assets1,491.69₹ Cr · +21.4% vs prior year
Net Worth529.85₹ Cr · +17.7% vs prior year
Borrowing321.13₹ Cr · +8.6% vs prior year
3-year financial trendRevenue / EBITDA / PAT
₹ crore31 Mar 2024
Assets980.34
Total Income1,158.23
EBITDA130.41
Profit After Tax55.54
NET Worth370.46
Reserves and Surplus344.46
Total Borrowing235.44
31 Mar 2025
Assets1,228.50
Total Income1,301.06
EBITDA164.03
Profit After Tax81.42
NET Worth450.03
Reserves and Surplus411.02
Total Borrowing295.60
30 Sep 2025
Assets1,491.69
Total Income847.61
EBITDA138.86
Profit After Tax81.07
NET Worth529.85
Reserves and Surplus490.84
Total Borrowing321.13
KPIs
| KPI | Mar 31, 2025 | Sep 30, 2025 |
|---|---|---|
| ROE | 18.38% | 15.62% |
| ROCE | 19.80% | 15.45% |
| Debt / Equity | 0.58% | 0.55% |
| PAT Margin | 6.26% | 9.56% |
| EBITDA Margin | 12.74% | 16.45% |
| Price to Book Value | 2.77 |
Valuation & shareholding
Pre-IPO EPS20.87
Post-IPO EPS21.22
Pre-IPO P/E15.34
Post-IPO P/E9.18
Promoter holding pre98.32%
Promoter holding post71.72%
Market cap₹1488.60 Cr.
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| GSP Crop Science IPO | — | 9.18 x | — | — |
| Advance Agrolife IPO | — | 25.07 x | — | — |
| Gem Aromatics IPO | — | 31.80 x | — | — |
| Stallion India IPO | — | 21.55 x | — | — |
Issue expenses
| Expense | Amount |
|---|---|
| Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company | ₹170.00 Cr |
| General Corporate Purpose | ₹50.32 Cr |
| Issue Expenses | ₹32.81 Cr |
| Total | ₹253.12 Cr |
Registrar & lead managers
Registrar
MUFG Intime India Pvt.Ltd.Lead managers
- Motilal Oswal Investment Advisors...
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-09.
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