GSP Crop Science IPO Day 1 Subscription Status: Issue Subscribed 0.48x, QIB Leads the Category
By HDFC SKY | Published at: Mar 17, 2026 09:44 AM IST
GSP Crop Science IPO subscribed 0.48x on Day 1 led by QIB demand
Mumbai, March 17: GSP Crop Science IPO, a ₹400 crore bookbuilding issue, opened for subscription on Monday and was subscribed 0.48 times at the end of first day. The issue will close on March 18, 2026. The issue comprises a fresh issue of ₹240 crore and an offer for sale of ₹160 crore. The price band has been fixed at ₹304 to ₹320 per share.
GSP Crop Science IPO Day 1 Subscription Status
The GSP Crop Science IPO was subscribed 0.48 times as of 5:05 PM on March 16, 2026 (Day 1).
Category-wise GSP Crop Science IPO Subscription Status
| Category | Subscription (times) |
| QIB (Ex Anchor) | 1.28 |
| NII (HNI) | 0.29 |
| Retail | 0.11 |
| Total | 0.48 |
GSP Crop IPO Science Day’s Wise Subscription Summary
| Date | QIB (Ex Anchor) | NII | Retail | Total |
| March 16, 2026 (Day 1) | 1.28 | 0.29 | 0.11 | 0.48 |
GSP Crop Science IPO Timeline
| Event | Date |
| Issue Open Date | March 16, 2026 |
| Issue Close Date | March 18, 2026 |
| Basis of Allotment | March 20, 2026 |
| Initiation of Refunds | March 23, 2026 |
| Credit of Shares | March 23, 2026 |
| Listing Date | March 24, 2026 |
Brief Overview Of The IPO
GSP Crop Science IPO is a bookbuilding issue aggregating to ₹400 crore, comprising a fresh issue of 0.75 crore shares worth ₹240 crore and an offer for sale of 0.50 crore shares worth ₹160 crore. The IPO is priced in the range of ₹304 to ₹320 per share with a lot size of 46 shares.
The issue opened on March 16, 2026 and will close on March 18, 2026. The shares are proposed to be listed on BSE and NSE on March 24, 2026. MUFG Intime India Pvt Ltd is the registrar to the issue.
Source; https://www.nseindia.com/market-data/issue-information?symbol=GSPCROP&series=EQ&type=Active
Disclaimer
If you have any concerns, questions, or wish to point out any discrepancies in our content, please feel free to write to us at content@hdfcsec.com.
Please Note: The information shared is intended solely for informational purposes and does not make any investment recommendations
