GSP Crop Science Ltd Summary
GSP Crop Science Limited was originally incorporated as Gujarat Superphosphate Industries Private Limited as a Private Limited Company dated February 12, 1985 with the Registrar of Companies, Ahmedabad. The name of the Company was changed to GSP Crop Science Private Limited dated September 19, 2003. It thereafter stepped from private to public company and the name changed to GSP Crop Science Limited on November 6, 2024.
The Company is a leading player in the agrochemical and crop protection industry. It specialises in the development, manufacture and distribution of crop protection formulations and technical grade active ingredients, serving farmers and institutional customers acrossIndian and international markets.The Company started manufacturing of Technicals at Odhav Facility in 1993. It diversified the business by commencing manufacturing of Formulation at Kathwada Facility in 1995.
The Company started technical production of the plant at Nandesari in 2009. It became the first indigenous manufacturer of Diafenthiuron Technical in India in 2011. It set up a manufacturing plant at Samba in Jammu and Kashmir through its subsidiary, Rajdhani Petrochemicals Private Limited in 2017.
In 2022, it commissioned formulation research and development pilot plant at Kathwada Facility. The Company further acquired subsidiary in Brazil to cater to Latin American markets in 2023. The Saykha Facility commenced operations in 2024 through production of Intermediates and made it operational in FY 2025.
The Company came up with the IPO aggregating an issuance of 12,500,000 equity shares of Rs 10 each by raising funds to Rs 400 crores, comprising a fresh issue of 7,500,000 equity shares amounting to Rs 240 crore and the offer for sale of 5,000,000 equity shares amounting to Rs 160 crores on 18 March 2026.