GSP Crop Science IPO Day 2 Live Updates: GMP, subscription status and issue details
The GSP Crop Science IPO is currently open for public subscription and today is Day 2 (17 March 2026) of bidding. Here are the latest GSP Crop Science IPO Day 2 subscription numbers, along with GMP, price band, lot size, allotment date, and expected listing details.
GSP Crop Science IPO: Issue Details
Issue Type: Book-built issue of ₹400 crore, including Fresh Issue of ₹240 crore and Offer for Sale (OFS) of ₹160 crore.
Lot Size: 46 shares
Price Band: ₹304 – ₹320 per share
Minimum Investment (Retail): ₹14,720 per lot (at cut-off / upper price band)
IPO Closing Date: 18 March 2026
Allotment Date: Basis of allotment expected by 20 March 2026
Listing Date: Tentative listing on NSE & BSE on 24 March 2026
Book Running Lead Managers: Equirus Capital Pvt Ltd and Motilal Oswal Investment Advisors Ltd
Registrar: MUFG Intime India Pvt Ltd
GSP Crop Science IPO Day 2 Subscription Status
Last Updated: 17 March 2026, 05:00 PM IST
| Investor Category | Subscription (Times) |
|---|---|
| Qualified Institutional Buyers (QIB) | 1.28x |
| Non-Institutional Investors (NII) | 2.40x |
| Retail Individual Investors (RII) | 0.21x |
| Total | 0.98x |
GSP Crop Science IPO GMP (Grey Market Premium)
As per media reports, the GMP of GSP Crop Science is currently not available. Check GMP here for the latest grey market premium updates.
Utilisation of IPO Proceeds
The net proceeds from the fresh issue will be used towards:
- Repayment or prepayment of certain outstanding borrowings of the company
- General corporate purposes
GSP Crop Science Business Overview
GSP Crop Science is a research-driven agrochemical company with 40+ years of experience. It develops and manufactures insecticides, herbicides, fungicides and plant growth regulators in India.
As of 30 Sept 2025, the company has 524 product registrations, 102 patents granted, and 108 patent applications under review.
