IPOs This Week: GSP Crop Science, Coal India Subsidiary CMPDI To Issue Shares On D-Street

GSP Crop Science Ltd. and Central Mine Planning & Design Institute, a subsidiary of Coal India Ltd., will hit the primary market this week. Activity has been subdued so far this year due to a downturn on Dalal Street and relentless foreign portfolio outflows from the market.

Besides the new IPOs, Rajputana Stainless Ltd. (March 16) and Raajmarg Infra Investment Trust (March 18) will list on the stock exchanges after the end of their IPOs.

GSP Crop Science IPO

The IPO is a book build issue of Rs 400 crore and a combination of fresh issue of 0.75 crore shares aggregating to Rs 240 crore and offer for sale of 0.5 crore shares aggregating to Rs 160 crore.

Bidding will start on Monday, March 16, and close on March 18. The allotment is expected to be finalised on March 20. GSP Crop Science IPO will list on BSE, NSE on March 24.

GSP Crop Science IPO is set issue price band at Rs 304 to Rs 320 per share. The lot size for an application is 46. The minimum amount of investment required by a retail investor is Rs 14,720.

The Ahmedabad-based firm y is a research-focused agrochemical company that has expertise in developing and manufacturing insecticides, fungicides, herbicides, and plant growth regulators. The company has been in the industry for 40 years. 

GSP Crop Sciences offers crop protection solutions to farmers, helping them maximise their produce through precisely composed products combining active ingredients and additives and technicals, which are concentrated active ingredients used to create formulations.

ALSO READ: Jio IPO In 2026: As Government Tweaks Free Float Rules, Here's What Comes Next

CMPDI IPO

Central Mine Planning IPO is a book build issue of 10.71 crore shares and entirely an offer for sale by the PSU coal miner. Since there is no fresh issuance of shares, the company will not get any proceeds from the offer. The money raised will go to the promoter.

The subscription will open on March 20 and close on March 24. The price band is yet to be announced. The allotment for the Central Mine Planning IPO will be finalised on March 25, 2026. Central Mine Planning IPO will list on BSE and NSE on March 30.

Established in 1974, CMPDI offers consultancy and support services across the entire spectrum of coal and mineral exploration and mine planning and design.

ALSO READ: CMPDI IPO: Coal India Arm's Offer To Make Primary Market Debut On March 20 — Check Details

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.