GSP Crop Science Limited Raises Rs 120 Crore from Anchor Investors

Mumbai, March 13, 2026: GSP Crop Science Limited, a research-driven agrochemical company, specializing in the development and manufacturing of insecticides, herbicides, fungicides and plant growth regulators in India, has garnered Rs 120 crore from anchor investors ahead of its initial public offering that opens for public subscription on Monday, March 16, 2026.

The company informed the bourses that it allocated 37,50,000 equity shares at Rs 320 per share to anchor investors.

Some of the marquee institutions that participated in the anchor include Shine Star Build Cap Pvt Ltd, Craft Emerging Market Fund PCC - Citadel Capital Fund and Craft Emerging Market Fund PCC - Elite Capital Fund.

Equirus Capital Private Limited and Motilal Oswal Investment Advisors Limited are the book-running lead manager, and MUFG Intime India Private Limited is the registrar of the offer.

IPO Details

The IPO is a fresh issue for Rs 240 crore and an offer-for-sale for up to 5,000,000 shares by promoter - Vilasben Vrajmohan Shah, Bhavesh Vrajmohan Shah, and Kappa Trust.

The Initial Public Offering (“IPO” or “Issue”) of the company will open on Monday, March 16, 2026, and closing on – Wednesday, March 18, 2026.

Investors can bid for a minimum of 46 Equity Shares and in multiples of 46 Equity Shares thereafter.

The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not more than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively.

Company Information

The company is a research-driven agrochemical company, specializing in the development and manufacturing of insecticides, herbicides, fungicides and plant growth regulators in India, with over 40 years of experience in the agrochemical industry.

The company provides its customers with crop protection solutions designed to support farmers in maximizing productivity and achieving optimal  agricultural output through development, manufacturing, supply and distribution of formulations, which refer to products  composed of active ingredients, chemical compounds in a product responsible for achieving the desired effects on the target  pests, weeds, or plant diseases and additives, which improve the product’s performance, stability, and ease of use, in definite  proportion obtaining well-defined target properties (Formulations).

Also, it provides technicals, which refer to concentrated form of the active ingredients, which are processed with other ingredients to develop formulations (Technicals). As of September 30, 2025, the company has received 524 registrations across formulations and technicals for agrochemicals manufactured by it.