GSP Crop Science IPO Day 1: Subscribed 45% – Check GMP, price band and key details
Analysis of this story by et_markets · 16 Mar 2026, 4:02 PM IST (about 2 months ago)
AI Analysis
IPO subscription rates, especially QIB demand, are key indicators for listing performance. Subdued retail interest initially is not uncommon.
Trading Insight
No direct trade setup for existing stocks. For IPO investors, watch for increased subscription in the coming days.
Quick check: TATASTEEL bearish bias (+1.5% 1d), HINDALCO neutral (+1.1% 1d).
Key Evidence
- •GSP Crop Science’s Rs 400 crore IPO was subscribed 45% on Day 1.
- •Qualified institutional buyers showed the strongest demand.
- •Retail participation remained subdued.
- •Issue priced between Rs 304 and Rs 320 per share.
- •Bidding open until March 18.
Sectors:metals
Sources and updates
Original source: et_markets
Published: 16 Mar 2026, 4:02 PM IST
Last updated on Anadi News: 16 Mar 2026, 4:34 PM IST
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