GSP Crop Science Ltd. makes a strong debut on the bourses with scrip got listed at Rs 332.30 on the Bombay Stock Exchange, a 3.84 per cent premium to its issue price of Rs 320.00. On the National Stock Exchange, the stock was listed at Rs 328.00.

The company, which raised 1.25 Cr from initial public offering, was subscribed 1.45 times, receiving bids for 181.25 lakhs shares against the total issue size of 125.00 lakhs shares.

The company, listed under B Group Securities post its IPO, opened for subscription from Mar 16 to Mar 18.

Following a strong opening, the scrip touched an intraday high of Rs [BSEHighPrice] and a low of Rs [NSEHighPrice], before closing the session [UpDown] by [ChangePer] per cent to its listing price at Rs [ClosingPriceBSE] on the BSE.

The company anticipates using the proceeds of the issue for .

Motilal Oswal Investment Advisors Limited,Equirus Capital Pvt. Ltd. as lead managers & MUFG Intime India Pvt. Ltd. is the registrar, to the issue.

Meanwhile, the broader benchmark BSE Sensex closed trade at 72,696.39, down 1,836.57 points, or 2.46 per cent.