GSP Crop Science Debuts on Dalal Street, Trading Above Initial Public Offering Price

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GSP Crop Science Debuts Strong on Dalal Street, Lists Above IPO Price

GSP Crop Science Debuts Strong on Dalal Street, Lists Above IPO Price

C

CNBC TV18•24-03-2026, 09:52

GSP Crop Science Debuts Strong on Dalal Street, Lists Above IPO Price

•GSP Crop Science shares listed at a premium of 4% on BSE (₹332.3) and 2.5% on NSE (₹328) on March 24.
•The company achieved a market capitalization of ₹1,545.82 crore post-listing.
•The IPO, open from March 16-18, raised ₹120 crore from anchor investors, including Craft Emerging Market Fund PCC and Shine Star Build Cap.
•GSP Crop Science offered shares in a price band of ₹304-₹320, raising ₹400 crore at the upper end.
•Proceeds from the fresh issue (₹240 crore) will repay ₹170 crore debt, while OFS proceeds go to selling shareholders.

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