GSP Crop Science IPO Day 2: Issue booked 47% so far. Check GMP, review, key details. Apply or avoid?
Analysis of this story by livemint_markets · 17 Mar 2026, 8:36 AM IST (about 2 months ago)
AI Analysis
IPO subscription levels are a key indicator of investor sentiment and potential listing performance. Low subscription often leads to weak post-listing performance.
Trading Insight
For IPOs with weak subscription, a 'wait and watch' approach post-listing is prudent, or outright avoidance for short-term gains.
Quick check: MARUTI bearish bias (oversold), TATAMOTORS bearish bias (oversold).
Key Evidence
- •GSP Crop Science IPO received 47% subscription on its first day.
- •Raised ₹120 crore out of a target of ₹400 crore.
- •Shares are priced at ₹304-320.
- •Risk flag: Risk of listing below issue price.
- •Risk flag: Lack of retail investor enthusiasm.
Affected Stocks
Sectors:auto
Sources and updates
Original source: livemint_markets
Published: 17 Mar 2026, 8:36 AM IST
Last updated on Anadi News: 17 Mar 2026, 9:00 AM IST
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