Stock Market Today, Dec. 23 -- GSP Crop Science Limited, an Ahmedabad-based Agrochemical Company, has filed its Draft Red Herring Prospectus (DRHP) with the capital markets regulator, the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO).

The IPO is a combination of a freshh issue of shares and an offer for sale. GSP Crop Sciences will be issuing share up to Rs.280 crore and besides there is an offer for the sale of up to 6 million equity shares of face value of Rs.10, by promoter

The shareholders selling shares in the IPO, include up to 2.65 million Equity Shares being sold by by Vilasben Vrajmohan Shah, up to 1.67 million Equity Shares by Bhavesh Vrajmohan Shah, up to 1.67 million Eq...