ather energy IPO

GSP Crop Sciences IPO GMP grey market premium, review, Subscription, allotment, listing estimate @ Chanakyanipothi.com
+A legacy of 31 Years.
+India`s Oldest Investment & IPO website.
+Most Trusted by Investors across India.

Table of Contents

  • GMP
  • Reviews
  • Subscription
  • Allotment

What is the latest news relating to GSP Crop Sciences?   

The Rs.3,100 crore IPO will fund expansion and debt reduction. Electric two-wheeler maker Ather Energy Ltd has taken a significant step toward its much-anticipated initial public offering (IPO) by converting its outstanding compulsory convertible preference shares (CCPS) into equity. Now the IPO is anticipated to enter the market in April 2025.

What is the latest GMP of GSP Crop Sciences IPO? 

 Click

GSP Crop Sciences IPO Subscription Status

Will update subscription status once the IPO opens for subscription.

GSP Crop Sciences IPO Allotment Link:

We will provide allotment link, once the allotment is finalised.

Who is the promoter of GSP Crop Sciences IPO?   

The PROMOTERS OF THE COMPANY ARE TARUN SANJAY MEHTA, SWAPNIL BABANLAL JAIN AND HERO MOTOCORP LIMITED

What are the Objects of GSP Crop Sciences IPO?

The Company proposes to utilize the Net Proceeds towards funding the following objects

  1. Capital expenditure to be incurred by the Company for establishment of an E2W factory in Maharashtra, India;
  2. Repayment/ pre-payment, in full or part, of certain borrowings availed by the Company;
  3. Investment in research and development;
  4. Expenditure towards marketing initiatives; and
  5. General corporate purposes.

What is the business of GSP Crop Sciences?

Athee ht distribution model, leveraging third-party retail partners to run its experience and service centers across India and Nepal. As of March 31, 2024, Ather had 208 experience centers and 191 service centers in India, along with three experience centers and one service center in Nepal.

To get more information, click  

GSP Crop Sciences IPO GMP grey market premium, review, Subscription, allotment, listing estimate

GSP Crop Sciences IPO Details 

IPO opens on  In April 2025
IPO closes on  In April 2025
Issue Type Book Built Issue IPO
Issue Size ? Shares /
Rs – Crore
* Fresh Issue – Shares /
Rs 3100 Crore
* Offer for Sale  22,000,766 shares/
Rs.? Crore
   
Face Value per share: Rs. 1
Price Band  Yet to announce
Retail Discount  Rs 0 per share
Employee discount  Rs. ? per share
Retail Lot Size  ? Shares
Listing will at  BSE, NSE

Shares offered in
GSP Crop Sciences?

Shares Rs. in
Crore
QIB (75 %) 
NII (15 %) 
RII (10 %) 
Employees
Total Shares  ?
Retail portion will be oversubscribed by  ? Forms.
How to apply in this IPO? Amount
Rs.
Min Retail Application     ? Shares ?
Max Retail Application    ? Shares ?
Small HNI (Min) application  ?  Shares ?
Small HNI (Max) application ? Shares ?
Big HNI Application ? Shares ?

What is the timetable of the IPO?

IPO opens on In April 2025
IPO Closes on In April 2025
IPO Allotment on  In April 2025
Unblocking of ASBA  In April 2025
Credit of Shares In April 2025
Listing on In April 2025
Registered Office of the company
3rd Floor, Tower D, IBC Knowledge Park, #4/1 Bannerghatta Main Road,
Bangalore 560 029,
Karnataka, India
Who are the Lead Managers of the IPO?
Axis Capital
HSBC Securities and Capital Markets (India)
JM Financial
Nomura Financial Advisory and Securities (India)
Registrar to IPO

Link Intime India Pvt ltd

GSP Crop Sciences IPO Financial & Analytical Ratios

Year Total Income Net Profit EPS RoNW
  Rs. in Cr Rs.in Cr Rs. %
2021-22 414 -344 -27 -153
2022-23 1802 -865 -48 -141
2023-24  1789 -1060 -47 -194
Book Value of the
Share on 31.03.2023
Rs. 24    
BV after the FPO Rs. ?    
Offer Price at Cap Rs.  ?    
Ratio Analysis
Price /EPS ?
Price/Book Value Ratio ?
Price/BV after IPO  ?

How GSP Crop Sciences IPO compares with the Peers?

As on date of DRHP FV Total  PE
  Rs. Income Ratio of
    Rs. In Cr  
Ather Energy 1 1754 ?
Hero Motocorp 2 37789 30
Bajaj Auto 10 44870 40
Ola Electric 10 5010 NA
TVS Motor 1 39145 78
Eicher Motors 1 16536 33
       
       

# This is only coverage of News related to Grey Market. We do not deal in grey market premium, nor we recommend dealing in Grey Market. Investment decision based on Grey Market trends can be faulty.

GSP Crop Science



GSP Crop Science
IPO GMP

GSP Crop Science IPO GMP today details



Ather Energy IPO GMP grey market premium, review, Subscription, allotment, listing estimate

Leave a Reply

Your email address will not be published. Required fields are marked *