Fresh issue and offer for sale in the IPO

The IPO includes a fresh issue of ₹240 crore and an offer for sale of 50 lakh shares by the promoters.
Most of the funds, ₹170 crore, will go toward repaying debt, with the rest for general business needs.
If you're looking to invest, the minimum bid is 46 shares (about ₹14,720 at the top price).

GSP reported a profit after tax of ₹61 crore in FY24

Based in Ahmedabad, GSP makes insecticides, herbicides, fungicides, and plant growth regulators. With four factories and exports to over 35 countries, it's got some serious reach.
In FY24, it reported revenue of ₹1,152 crore and a profit after tax of ₹61 crore.