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GSP Crop Science IPO – Subscription Status, Dates, and How to Apply

Anshika Posted on March 18, 2026

Explore how GSP Crop Science Ltd.’s IPO performed during its subscription period, including investor participation on the first day, price band details, key dates, and the step-by-step process to apply through ASBA or UPI.

The GSP Crop Science Ltd. IPO opened for subscription on March 16, 2026, marking the company’s entry into the primary market. The company operates in the crop protection and agrochemical sector, offering products designed to improve agricultural productivity.

The public issue is a book-built IPO with a price band of ₹304 to ₹320 per share. The company aims to raise approximately ₹400 crore through this offering. On the opening day, the IPO began receiving early bids from retail investors while institutional participation remained limited during the initial hours.

GSP Crop Science IPO Subscription Status

The GSP Crop Science Ltd. IPO opened with participation across multiple investor categories, with Qualified Institutional Buyers (QIBs) accounting for the highest subscription during the early bidding period. Non-Institutional Investors (NIIs) and retail investors also recorded initial bids, though at relatively lower levels. Subscription figures on the first day typically provide an early indication of market participation trends across investor segments.

Day 1 Subscription Status (March 16, 2026)

On the first day of bidding, the GSP Crop Science Ltd. IPO recorded an overall subscription of 0.41×. Qualified Institutional Buyers accounted for the early bids in the issue.

Investor Category	Subscription (Times)
Qualified Institutional Buyers (QIB)	1.19×
Retail Individual Investors (RII)	0.07×
Non-Institutional Investors (NII)	0.19×
Others	N.A.
Total	0.41×

The early subscription data indicates that bidding activity has just begun, with investors expected to monitor participation trends over the remaining days of the subscription period.

Day 2 Subscription Status (March 17, 2026)

On the second day of bidding, the GSP Crop Science Ltd. IPO witnessed steady participation across investor categories. As per the latest available data, the overall issue was subscribed 0.78×, indicating gradual momentum as the subscription period progressed.

Investor Category	Subscription (Times)
Qualified Institutional Buyers (QIB)	1.28x
Retail Individual Investors (RII)	0.17x
Non-Institutional Investors (NII)	1.55x
Total	0.78x

The Non-Institutional Investor segment led the subscription activity, followed by Qualified Institutional Buyers. Retail participation remained comparatively lower during this stage, with subscription levels expected to evolve further as the IPO approaches its closing date.

Day 3 Subscription Status (March 18, 2026)

On the third and final day of bidding, the GSP Crop Science Ltd. IPO witnessed a notable rise in participation across investor categories. As per the latest available data, the issue was subscribed 1.52× overall, indicating increased investor interest as the IPO approached closure.

Investor Category	Subscription (Times)
Qualified Institutional Buyers (QIB)	2.66x
Retail Individual Investors (RII)	0.34x
Non-Institutional Investors (NII)	2.80x
Total	1.52x

The Non-Institutional Investor segment led the subscription activity, followed closely by Qualified Institutional Buyers. Retail participation also improved compared to earlier days, contributing to the overall uptick in subscription levels.

GSP Crop Science IPO Price Band and Lot Size

The price band for the GSP Crop Science Ltd. IPO is fixed between ₹304 and ₹320 per share, with a face value of ₹10 per share.

Investors can apply for a minimum lot size of 46 shares, and bids can be placed in multiples of this lot size thereafter.

Investor Category	Lots	Shares	Amount (₹)
Retail (Minimum)	1	46	₹14,720

At the upper price band, the minimum investment required for retail investors is ₹14,720.

For detailed insights about the company, issue particulars, and the latest updates, visit the GSP Crop Science IPO on Bajaj Markets.

GSP Crop Science IPO Dates & Timeline

The timeline below highlights the important stages of the IPO process, from subscription to listing.

Event	Date	Details
IPO Open Date	March 16, 2026	Issue opens for subscription
IPO Close Date	March 18, 2026	Final day to submit bids
Basis of Allotment	March 20, 2026	Allotment of shares expected
Refunds Initiation	March 23, 2026	Refunds begin for unallotted investors
Credit of Shares to Demat	March 23, 2026	Shares credited to successful applicants
Listing Date	March 24, 2026	Shares expected to list on NSE and BSE

Note: These dates represent procedural milestones based on publicly available data and are intended for informational purposes only.

Disclaimer

The information provided above is based on publicly available data from reliable financial news and market sources. Investors are advised to verify figures and consult financial experts before making investment decisions. Market conditions and subscription numbers are subject to change during the IPO window.

Sources

LiveMint — IPO News and Updates, https://www.livemint.com/market/ipo
Economic Times — IPO News: Latest IPO News, Upcoming IPO, https://economictimes.indiatimes.com/markets/ipo
Financial Express — IPO News, https://www.financialexpress.com/market/ipo-news/
NDTV Profit — IPOs, https://www.ndtvprofit.com/ipos
Business Today — IPO Corner: Latest IPO News & Analysis, https://www.businesstoday.in/markets/ipo-corner

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Hi! I’m Anshika

Financial Content Specialist

Anshika brings 7+ years of experience in stock market operations, project management, and investment banking processes. She has led cross-functional initiatives and managed the delivery of digital investment portals. Backed by industry certifications, she holds a strong foundation in financial operations. With deep expertise in capital markets, she connects strategy with execution, ensuring compliance to deliver impact.

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