GSP Crop Science IPO Details 2026

Incorporated in 1985, GSP Crop Science Limited is an agrochemical company engaged in the manufacturing of crop protection products including insecticides, herbicides, fungicides, and plant growth regulators.

The company develops and supplies crop protection solutions aimed at improving farm productivity and supporting pest, weed, and disease management. Its offerings include both Formulations and Technicals, serving a wide range of agricultural applications across domestic and international markets.

GSP Crop Science has built a diversified agrochemical portfolio through in-house product development, manufacturing, and distribution. The company serves a broad base of B2B customers, including leading agrochemical companies in India and overseas, supported by long-standing business relationships.

As of September 30, 2024, the company held 507 product registrations for its agrochemical portfolio and owned 89 patents. Revenue generated from patented products during the six months ended September 30, 2024 stood at ₹1,441.11 million, contributing approximately 20.73% of total revenue.

The company continues to invest in research and development to enhance existing products and develop new formulations and technicals. Its dedicated R&D facilities at Kathwada and Odhav support product testing, process development, commercialization, and the production of complex agrochemical chemistries.

Business operations:

• Formulations: As of September 30, 2024, the company held 387 registrations for formulations. These products are made using active ingredients and additives and are available in both liquid and solid forms under owned brands and licensed products.
• Technicals: As of September 30, 2024, the company held 120 registrations for technicals, which are concentrated active ingredients used in the manufacturing of insecticides, herbicides, fungicides, and related agrochemical products.

As of September 30, 2024, GSP Crop Science Limited employed 1,096 permanent employees.

Competitive strengths:

• Diversified agrochemical portfolio across insecticides, herbicides, fungicides, and plant growth regulators.
• Established customer relationships with a broad domestic and international client base.
• Strong in-house R&D infrastructure focused on innovation and product development.
• Integrated manufacturing capabilities with emphasis on operational efficiency and sustainability.
• Experienced promoters and professional management team with extensive industry expertise.