GSP Crop Science IPO Details

MAINBOARD

GSP Crop Science IPO DRHP (Draft Red Herring Prospectus) has been SEBI Approval Received.

The Lead Managers for GSP Crop Science IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Equirus Capital Pvt Ltd, Motilal Oswal Investment Advisors Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.

For detailed information, Refer to the GSP Crop Science Limited DRHP.

GSP Crop Science IPO Details

Open Date
-
Close Date
-
Listing Date
-
Issue Price
₹0 - ₹0
Face Value
₹10 per share
Lot Size
0
GMP
₹0
Issue Type
IPO
Listing On
NSE, BSE
Type
Book Built Issue
Share holding pre issue
3,90,18,750 shares
Share holding post issue
-
Total Issue Size
-
Fresh Issue
-
Offer for Sale
-
DRHP Status
SEBI Approval Received

GSP Crop Science IPO Lot Size

ApplicationLotsSharesAmount
To be announced

GSP Crop Science IPO Reservation

Promoter Holding

Pre Issue:98.25%
Post Issue:-
Promoter Names:
Bhavesh Vrajmohan Shah, Tirth Kenal Shah, Vilasben Vrajmohan Shah, Falguni Kenal Shah, Alpha trust, Kappa Trust

Documents

GSP Crop Science IPO Valuations

ROE:15.00%
ROCE:18.91%
DEBT/EQUITY:0.53
RONW:15.00%
PAT MARGIN:4.80%

GSP Crop Science Financial Information

Period Ended30 Sep 202431 Mar 202431 Mar 202331 Mar 2022
Assets1,321.67980.341,132.131,254.99
Total Income708.911,158.231,206.051,202.51
Profit After Tax65.561.1521.5375.87
Net Worth433.38370.46363.47468.56
Reserves and Surplus397.46344.41336.31439.23
Total Borrowing288.96235.44324.26320.23
Amount in ₹ Crore

About GSP Crop Science IPO

Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in the business of manufacturing insecticides, herbicides, fungicides and plant growth regulators.

The company provides crop protection solutions to help farmers increase productivity, offering formulations (active ingredients and additives) and technicals (concentrated active ingredients) for effective pest, weed, and disease control.

The company offers a diverse portfolio of in-house manufactured agrochemicals, providing crop protection solutions through the development, manufacturing, supply, and distribution of Formulations and Technicals to meet customer needs.

The company has established strong, long-term relationships with domestic and international B-to-B customers, including major agrochemical companies, ensuring a diverse customer base and resilience in dynamic market conditions.

As of September 30, 2024, the company received 507 registrations for its agrochemicals and holds 89 patents. Revenue from patented products for the six months ended was ₹1,441.11 million (20.73%).

The company invests in R&D to develop and improve Formulations and Technicals, with dedicated facilities in Kathwada and Odhav for testing, commercialization, and producing complex chemistries for the agrochemical market.

Business Operations:

  • Formulations: As of September 30, 2024, the company has 387 registrations for Formulations, composed of active ingredients and additives, available as solids or liquids, marketed under the company's brands or licenses.
  • Technicals: As of September 30, 2024, the company has 120 registrations for Technicals, which are concentrated active ingredients processed with other ingredients to create products like insecticides, herbicides, and fungicides.

As of September 30, 2024, the company has 1,096 permanent employees.

Competitive Strengths:

  • Well-diversified product portfolio including a wide range of insecticides, herbicides, fungicides, and plant growth regulators, making us a comprehensive solution provider for the customers.
  • Catering to a large and diverse clientele both domestically as well as internationally.
  • Strong in-house R&D capabilities with focus on innovation and product development
  • Robust manufacturing facilities with ability to manufacture a wide range of products with a focus on sustainability.
  • Led by qualified and experienced Promoters and supported by a professional management team

Strength Of GSP Crop Science IPO

To be announced

Risk Of GSP Crop Science IPO

To be announced

Objectives GSP Crop Science IPO

  1. Repayment or pre-repayment of all or a portion of certain outstanding borrowings availed by the Company
  2. General corporate purposes.

Company Contact Details

GSP Crop Science Ltd.
404, Lalita Complex, Rasala Road,
Mithakhali Six Road,
Navrangpura,
Ahmedabad, Gujarat, 380009
Phone: +91 79 61915165
Email: cs@gspcrop.com
Website: http://www.gspcrop.in/

Registrar Contact Details

Name: MUFG Intime India Pvt Ltd
Phone: +91-22-4918 6270

GSP Crop Science IPO - FAQs

The GSP Crop Science IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹10 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.

The IPO opens for subscription on TBA, and closes on TBA.

MUFG Intime India Pvt Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

The GSP Crop Science IPO opens on TBA.

GSP Crop Science IPO lot size is 0, and the minimum amount required for application is ₹0.

You may apply for the GSP Crop Science IPO online by using either the UPI or ASBA payment method. The ASBA facility is available through the net banking platform of your respective bank. The UPI-based IPO application option is typically provided by brokers that do not offer banking services. For detailed guidance on the online IPO application process, please refer to the procedures outlined by Zerodha, Groww, Upstox, 5Paisa, Paytm Money, Fyers, Alice Blue, Nuvama, HDFC Bank, ICICI Direct, Kotak Securities, Axis Direct, and SBI Bank.

The Basis of Allotment for the GSP Crop Science IPO is scheduled to be finalized on TBA. Subsequently, the shares allotted will be credited to investors’ demat accounts by TBA. Investors are advised to regularly check the GSP Crop Science IPO allotment status for updates.

The listing date for the GSP Crop Science IPO has not yet been officially announced. However, the tentative listing date is scheduled for TBA.

GSP Crop Science IPO Grey Market Premium (GMP) refers to the unofficial price at which the company’s IPO shares are traded in the grey market prior to their listing on the stock exchange. The GMP serves as an indicator of investor demand, expected listing gains, and the overall market sentiment toward the IPO.

As of now, the current GMP stands at TBA.

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