Summary of this article
Knack Packaging IPO opens for subscription on July 1
The IPO price band is 161 to 170 rupees
Minimum investment for retail investors is exactly Rs 14,960
Knack Packaging’s initial public offering (IPO) is scheduled to open for subscription on July 1. The packaging solutions provider has announced the price band for its public issue on June 24. Here is a look at some key details related to the Knack Packaging IPO.
Knack Packaging IPO: Offer Size and Price Band
Knack Packaging seeks to raise Rs 439.50 crore through its public issue. The issue is a combination of a fresh issue of 22.35 million equity shares aggregating to Rs 380 crore, and an offer for sale (OFS) of 3.5 million shares aggregating to Rs 59.50 crore. The price band for the issue has been fixed at Rs 161 to Rs 170 per equity share.
Knack Packaging IPO: Lot Size and Minimum Investment
Retail investors who wish to invest in the Knack Packaging IPO can do so by applying for a minimum of 88 shares, leading to a minimum investment of Rs 14,960. The minimum lot size for small non-institutional investors (SNII) is 14 lots or 1,232 shares, amounting to Rs 2,09,440. For big non-institutional investors (bNII), it is 67 lots or 5,896 shares, leading to a minimum investment of Rs 10,02,320.
Knack Packaging IPO: Reservation
Knack Packaging has allocated up to 50 per cent of the net issue for the qualified institutional buyer (QIB) category, 15 per cent for the non-institutional investor (NII) category, and not less than 35 per cent of the net offer for retail investors.
Knack Packaging IPO: Subscription window, listing date, allotment date
The three-day subscription window for the Knack Packaging IPO is scheduled to open on July 1 and will close on July 3. The share allotment status of the public issue will be finalised on July 6. Post the announcement of the share allotment status, unsuccessful bidders will receive refunds or have their fund blocks released on July 7, while successful allottees will receive shares in their demat accounts on the same day. Knack Packaging shares will be listed on both the BSE and NSE. The tentative listing date is July 8.
Knack Packaging: Key Financials
The packaging solutions provider’s total income grew by nearly 13 per cent to Rs 843.77 crore in the fiscal year ended March 31, 2026, compared to Rs 747.38 crore in the fiscal year ended March 31, 2025. The company also posted profit growth of over 25 per cent as its profit-after-tax grew to Rs 92.72 crore compared to Rs 73.81 crore. The net worth of the company also increased in the same time period from Rs 214.71 crore in FY25 to Rs 308.19 crore in FY26.
Knack Packaging IPO: Registrar
The book-running lead managers for the issue are Systematix Corporate Services, IDBI Capital Markets & Securities, and Pantomath Capital Advisors. The registrar for the issue is MUFG Intime India.
Knack Packaging: Promoters
The promoters of the company include Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, and Rashminbhai Tulsibhai Patel. The shareholding of the promoters will reduce to 70.59 per cent after the issue, compared to 89.60 per cent before the issue.
Knack Packaging IPO: Objective
Knack Packaging aims to use the net proceeds raised from the fresh issue towards the partial funding of capital expenditure (estimated at Rs 320 crore) for setting up a new manufacturing facility at Borisana in Kadi, Mehsana, Gujarat. The remaining balance will be deployed toward general corporate purposes.
About Knack Packaging
Knack Packaging is an integrated packaging solutions provider. The company makes Printed and Laminated Woven Polypropylene (PLWPP) bags. The bags made by the company are used across industries such as food, agriculture, fertilisers, building materials, and chemicals. The company serves brands across 68 countries and claims to have a 10.1 per cent market share in the Indian flexible bulk PLWPP bag market.
