GSP Crop Science IPO Day 1 Live Updates: Issue booked 1% so far — Check GMP, review and other details
Analysis of this story by livemint_markets · 16 Mar 2026, 10:53 AM IST (about 2 months ago)
AI Analysis
The IPO market in India has seen mixed responses recently, with some issues like Hyundai Motor India and Lenskart showing decent subscription, while others might struggle. A nil GMP for an agrochemical company's IPO on day one suggests a cautious investor sentiment.
Trading Insight
For IPOs with low initial subscription and nil GMP, a 'wait and watch' approach is advisable, as listing gains are less certain.
Quick check: MARUTI bearish bias (oversold), TATAMOTORS bearish bias (oversold).
Key Evidence
- •GSP Crop Science IPO Day 1 subscription is 1% so far.
- •The Grey Market Premium (GMP) for GSP Crop Science IPO remains nil.
- •The IPO is valued at ₹400 crore.
- •The IPO share price band is ₹304–320 per share.
- •The IPO is a mix of fresh issue and offer for sale.
Sources and updates
Original source: livemint_markets
Published: 16 Mar 2026, 10:53 AM IST
Last updated on Anadi News: 16 Mar 2026, 10:59 AM IST
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