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Events / Business / GSP Crop Science IPO opens
Business initial public offering

GSP Crop Science IPO opens

Analysis based on 17 articles · First reported Mar 16, 2026 · Last updated Mar 17, 2026

Sentiment
0
Attention
4
Articles
17
Market Impact
General
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Market Impact

The IPO of GSP Crop Science is expected to have a muted listing, as indicated by a 0% grey market premium and mixed investor interest. The funds raised will primarily be used for debt reduction, which could improve GSP Crop Science's financial health.

Agrochemicals Financial services
Event Summary

GSP Crop Science, an agrochemical company, launched its Rs 400 crore initial public offering (IPO) on March 16, 2026, with a price band of Rs 304-320 per share. The IPO consists of a fresh issue of Rs 240 crore and an offer for sale of Rs 160 crore. Qualified Institutional Buyers (QIBs) showed strong interest, subscribing 1.28 times their allotted portion, while retail and non-institutional investors showed subdued participation. The company plans to use Rs 170 crore from the fresh issue to repay borrowings, with the remainder for general corporate purposes. GSP Crop Science is set to list on the BSE and National Stock Exchange of India on March 24, 2026. Grey market trends suggest a largely flat listing.

Entities Involved
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GSP Crop Science
GSP Crop Science is undergoing an initial public offering to raise capital for debt reduction and general corporate purposes. The IPO has received mixed interest from investors, with a muted grey market premium.
Importance 100.0 Sentiment 0.0
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MUFG Intime India
MUFG Intime India is acting as the registrar for the GSP Crop Science IPO.
Importance 30.0 Sentiment 0.0
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Equirus Capital
Importance 0.0 Sentiment 0.0
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Motilal Oswal Investment Advisors
Importance 0.0 Sentiment 0.0
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BSE
Importance 0.0 Sentiment 0.0
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National Stock Exchange of India
Importance 0.0 Sentiment 0.0
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India
Importance 0.0 Sentiment 0.0
Relationships
BSE competitor ↔ National Stock Exchange of India BSE operates as a primary stock exchange in India, serving as a direct competitor to the National Stock Exchange of Indi
BSE related ↔ India
National Stock Exchange of India related ↔ India
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