Trilegal acts on GSP Crop Science ₹400 crore IPO

GSP Crop Science Limited has made an initial public offering of equity shares aggregating to ₹400 crore.

Trilegal advised GSP Crop Science on this IPO.

The transaction team was led by Bhakta Patnaik (Partner) and Albin Thomas (Partner), with support from Bhargavi Mahajan (Counsel), Arsh Sinha (Senior Associate), Associates Akanksha Goel, Mukund Bali and Snehal Kaushal.

GSP Crop Science is a research-driven agrochemical company engaged in the development and manufacture of insecticides, herbicides, fungicides and plant growth regulators, with over four decades of industry experience.

The transaction is among the limited recent IPOs in India’s agrochemical sector. The IPO proceeds are proposed to be utilised, inter alia, towards repayment of certain borrowings and for general corporate purposes.

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