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GSP Crop Science IPO Subscription Status

The GSP Crop Science IPO has been subscribed 1.61x times overall. Retail investors have shown interest with bids for 0.4x the shares available. The Non-Institutional Investor (NII) category has been subscribed 3.05x. Within NII, Big HNI (B-HNI) subscribed 3.99x and Small HNI (S-HNI) subscribed 1.16x. Qualified Institutional Buyers (QIBs) have subscribed 2.66x. Data last updated on 12 May, 05:45 PM.

The IPO subscription period has ended. The issue opened on 16 Mar, 2026 and closes on 18 Mar, 2026. The shares are expected to list on stock exchanges on 24 Mar, 2026.

Total Subscription
1.61 x
QIB 2.66x
BHNI 3.99x
SHNI 1.16x
Retail 0.40x

Live Bidding

Category Bid Details TIMES
QIB
-
of 24,99,998
212.68 Cr
2.66x
NII
-
of 19,34,211
188.47 Cr
3.05x
Retail
-
of 45,13,158
58.42 Cr
0.40x
TOTAL
-
459.58 Cr
1.61x

Last Updated: 12 May 2026, 05:45 PM

Subscription Insights

Retail Allotment

Currently undersubscribed. Retail investors applying now have a high mathematical probability of receiving full allotment.

Day-wise Subscription History

Subscription trends over the last 3 days

Date Total
18 Mar 2026 DAY 3
0.01x
QIB -x
BHNI -x
SHNI 0.01x
Retail 0.03x
17 Mar 2026 DAY 2
0.96x
QIB 1.28x
BHNI 3.31x
SHNI 0.35x
Retail 0.2x
16 Mar 2026 DAY 1
0.01x
QIB -x
BHNI -x
SHNI 0.01x
Retail 0.03x
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Anchor Investor Allocation

Breakdown of shares allotted to anchor investors before the IPO opening

Anchor Investor Amt (₹ cr.) % Allocated
SHINE STAR BUILD-CAP PVT.LTD. ₹40.00 Cr 33.34%
CRAFT EMERGING MARKET FUND PCC-CITADEL CAPITAL FUND ₹40.00 Cr 33.33%
CRAFT EMERGING MARKET FUND PCC-ELITE CAPITAL FUND ₹40.00 Cr 33.33%
Total ₹120.00 Cr 100.00%

GSP Crop Science IPO Allotment Probability

Retail
High
Undersubscribed — full allotment likely
NII / HNI
3.05x
Proportionate allotment applies
QIB
2.66x
Moderate institutional demand

Allotment probability is calculated based on current subscription multiples. Retail allotment is by lottery when oversubscribed; NII allotment is proportionate. Final numbers may change until subscription closes. This is not investment advice.

What Does This Subscription Data Mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

  • QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
  • NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
  • Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
  • Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently Asked Questions

What is the current subscription status of GSP Crop Science IPO?

As of IPO close date (18 Mar, 2026), the GSP Crop Science IPO is subscribed 1.61x times. Retail category is 0.40x, and NII is 3.05x subscribed.

When is the allotment date for GSP Crop Science IPO?

The allotment for GSP Crop Science IPO is expected to be finalized on 20 March, 2026.

What is the GMP of GSP Crop Science?

The Grey Market Premium (GMP) for GSP Crop Science is currently ₹2, indicating a potential listing gain of 1%.

When will GSP Crop Science IPO list on the stock market?

GSP Crop Science is scheduled to list on BSE and NSE on 24 March, 2026.

What are the chances of getting allotment in GSP Crop Science IPO?

The retail category is currently undersubscribed at 0.4x, which means most applicants are likely to receive full allotment. This is a good window to apply if you haven't already.

What does QIB subscription of 2.66x mean for GSP Crop Science IPO?

Moderate — QIBs have subscribed 2.66x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check GSP Crop Science IPO allotment status?

After the allotment date (20 Mar, 2026), you can check your GSP Crop Science IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore GSP Crop Science IPO Further

Track every stage of this IPO from subscription to listing:

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