GSP Crop Science Ltd.
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Overview
GSP Crop Science Limited is a research-driven agrochemical company with over four decades of experience in the Indian market. The company specializes in developing and manufacturing a wide range of crop protection products, including insecticides, herbicides, fungicides, and plant growth regulators. It operates through two key business segments: Technicals (active ingredients) and Formulations (end-use products). With a strong focus on innovation, GSP Crop Science holds 102 patents and has a robust R&D pipeline. The company serves a diverse clientele both domestically through B2B and B2C channels, and internationally across 37 countries on a B2B basis.
Opening Date
Mar 16, 2026
Closing Date
Mar 18, 2026
Listing Date
Mar 24, 2026
IPO Type
Mainboard
IPO Status
Upcoming
Issue Size
240 Cr
Fresh Issue
240 Cr
Offer for Sale
0 Cr
Price Band
—
Lot Size
—
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
Our Company proposes to utilise the Net Proceeds towards funding of the following objects:
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Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by our Company, amounting to ₹170.00 crores, to reduce indebtedness, decrease interest outflow, and improve the debt-equity ratio.
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Funding general corporate purposes, which may include strategic initiatives, funding growth opportunities, expansion initiatives, brand building, meeting expenses incurred in the ordinary course of business, and any other purpose approved by the Board.
Key Performance Indicator
P/E Ratio
—
EPS
20.87
ROE
15.62%
ROCE
15.45%
RONW
—
Debt to Equity Ratio
—
PAT Margin
9.56%
EBITDA Margin
16.45%
P/B
—
SWOT Analysis
Strengths
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Well-diversified product portfolio of insecticides, herbicides, fungicides, and plant growth regulators.
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Large and diverse clientele with a strong presence in both domestic and international markets across 37 countries.
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Strong in-house R&D capabilities with 102 granted patents and 108 pending applications, enabling product innovation.
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Experienced promoters and a professional management team with deep industry knowledge.
Weaknesses
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Dependence on third-party suppliers for raw materials, with significant imports from China, exposing the company to supply chain risks.
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Business operations are highly seasonal and dependent on weather patterns, which can cause fluctuations in demand and revenue.
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Operations are subject to extensive and stringent government regulations, requiring numerous licenses and registrations.
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Significant working capital requirements and reliance on borrowings to fund operations.
Opportunities
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Expand international footprint, particularly in high-growth agrochemical markets like Latin America.
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Capitalize on the growing market for off-patent molecules by developing and launching generic agrochemical products.
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Pursue backward integration to manufacture key intermediates, reducing import dependency and enhancing control over the supply chain.
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Leverage the global 'China+1' strategy as companies diversify their manufacturing bases, creating opportunities for Indian manufacturers.
Threats
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Intense competition from both domestic and large multinational corporations in the agrochemical industry.
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Adverse fluctuations in foreign currency exchange rates can impact the cost of imported raw materials and export revenues.
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Risks associated with handling hazardous chemicals, including potential environmental liabilities and stringent safety regulations.
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Climate change leading to unpredictable weather patterns can adversely affect agricultural practices and demand for products.
Subscription Rate
Frequently Asked Questions about GSP Crop Science Ltd.
GSP Crop Science Limited is a research-driven agrochemical company with over four decades of experience in the Indian market. The company specializes in developing and manufacturing a wide range of crop protection products, including insecticides, herbicides, fungicides, and plant growth regulators. It operates through two key business segments: Technicals (active ingredients) and Formulations (end-use products). With a strong focus on innovation, GSP Crop Science holds 102 patents and has a robust R&D pipeline. The company serves a diverse clientele both domestically through B2B and B2C channels, and internationally across 37 countries on a B2B basis.
The GSP Crop Science Ltd. IPO is scheduled to open for subscription on Mar 16, 2026 and close on Mar 18, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the GSP Crop Science Ltd. IPO is yet to be announced. Investors can place bids within this range once the issue opens.
The minimum lot size for the GSP Crop Science Ltd. IPO is yet to be announced shares. The minimum investment amount will be known once the price band is finalized.
The total issue size of the GSP Crop Science Ltd. IPO is approximately ₹240.00. Issue size represents the total value of shares offered to the public.
As per the latest available information, the GSP Crop Science Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the GSP Crop Science Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of GSP Crop Science Ltd. are expected to list on stock exchanges on Mar 24, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the GSP Crop Science Ltd. IPO are proposed to be used for Our Company proposes to utilise the Net Proceeds towards funding of the following objects:, Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by our Company, amounting to ₹170.00 crores, to reduce indebtedness, decrease interest outflow, and improve the debt-equity ratio., Funding general corporate purposes, which may include strategic initiatives, funding growth opportunities, expansion initiatives, brand building, meeting expenses incurred in the ordinary course of business, and any other purpose approved by the Board.
Before applying for the GSP Crop Science Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
