GSP Crop Science IPO price band: The GSP Crop Science IPO price band has been fixed in the range of ₹304 to ₹320 per equity share of the face value of ₹10. The GSP Crop Science IPO date of subscription is scheduled for Monday, March 16 and will close on Wednesday, March 18. The allocation to anchor investors for the GSP Crop Science IPO is scheduled to take place on Friday, March 13.
The floor price is 30.40 times the face value of the equity shares and the cap price is 32 times the face value of the equity shares. The GSP Crop Science IPO lot size is 46 equity shares and in multiples of 46 equity shares thereafter.
GSP Crop Science IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Tentatively, GSP Crop Science IPO basis of allotment of shares will be finalised on Friday, March 20 and the company will initiate refunds on Monday, March 23 while the shares will be credited to the demat account of allottees on the same day following refund. GSP Crop Science share price is likely to be listed on BSE and NSE on Tuesday, March 24.
(more to come)