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GSP Crop Science IPO Subscription Status

The GSP Crop Science IPO has been subscribed 1.64x times overall. Retail investors have shown interest with bids for 0.42x the shares available. The Non-Institutional Investor (NII) category has been subscribed 3.14x. Within NII, Big HNI (B-HNI) subscribed 4.11x and Small HNI (S-HNI) subscribed 1.2x. Qualified Institutional Buyers (QIBs) have subscribed 2.66x. Data last updated on 10 Aug, 11:18 AM.

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
1.64 x

34,031 applications

QIB 2.66x
BHNI 4.11x
SHNI 1.2x
Retail 0.42x

Live Bidding

Category Bid Details TIMES
QIB
66,49,995
of 24,99,998
212.80 Cr
2.66x
NII
60,73,423
of 19,34,211
194.35 Cr
3.14x
Retail
18,95,526
of 45,13,158
60.66 Cr
0.42x
TOTAL
1,46,73,682
34,031 applications
469.56 Cr
1.64x

Last Updated: 10 Aug 2026, 11:18 AM

GSP Crop Science IPO Basis of Allotment

Final figures published by the registrar, after technical rejections. Allotment price ₹320.

FINAL
Applications
34,031
Allottees
34,031
Overall Odds
All allotted
Amount Collected
₹574 Cr
Category Apps Got Odds
TOTAL
1.44x subscribed
34,031 34,031 All
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
1.64x
QIB 2.66x
BHNI 4.11x
SHNI 1.2x
Retail 0.42x
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 (up to ₹2 L)
Full allotment
0.42x — undersubscribed. Every valid retail application should be allotted in full.
Small HNI (₹2–10 L)
1 in 2
~83.3% chance — based on 1.2x subscription. Lottery allots the minimum S-HNI application of 14 lots (₹2.1 L) per winner; bidding bigger doesn't improve odds.
Big HNI (above ₹10 L)
1 in 5
~24.3% chance — based on 4.11x subscription. Lottery allots the minimum B-HNI application of 68 lots (₹10 L) per winner; the rest is proportionate.
QIB (institutions)
2.66x
Proportionate allotment — at 2.66x, institutions receive ~37.6% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move 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 1.64x times. Retail category is 0.42x, and NII is 3.14x 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 0.42x, 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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