Knack Packaging IPO Day 1: Check GMP, Subscription Status & Key Issue Details

01 July 2026
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The ₹439.50 crore Knack Packaging IPO opened for subscription today, July 1, 2026, with a price band of ₹161-₹170 per share. As of 10:10 A.M. on Day 1, the issue was subscribed 0.05 times, while the Grey Market Premium (GMP) stands at around ₹15 over the issue price.

The issue will remain open until 3 July 2026. The basis of allotment is expected to be finalised on July 6, 2026, and the shares are tentatively scheduled to list on the NSE and BSE on July 8, 2026.

Knack Packaging IPO - Issue Details

  • Issue Type: Book Building IPO (Fresh Issue + OFS)
  • Total Issue Size: Up to ₹439.50 crore 
  • Fresh Issue: Up to ₹380.00 crore (2.24 crore shares)
  • Offer for Sale (OFS): Up to ₹59.50 crore (0.35 crore shares)
  • Face Value: ₹10 per equity share
  • Price Band: ₹161 to ₹170 per share
  • Lot Size: 88 shares
  • Minimum Investment Amount (Retail Investor): ₹14,960 per lot (based on upper price band)
  • Listing: NSE, BSE
  • Book Building Lead Managers: Systematix Corporate Services Limited, IDBI Capital Markets & Securities Limited and Pantomath Capital Advisors Private Limited
  • Registrar: MUFG Intime India Private Limited

Knack Packaging IPO Timeline (Tentative)

The expected IPO schedule is as follows:

Event 

Date

Subscription Opening Date

01 July 2026

Subscription Closing Date

03 July 2026

Allotment Date

06 July 2026

Refund Date

07 July 2026

Credit of Shares

07 July 2026

Listing on BSE and NSE

08 July 2026

Utilisation of IPO Proceeds 

The company intends to utilise the net proceeds from the fresh issue towards:

  • Partial funding of capital expenditure towards setting up a new manufacturing facility at Borisana, Kadi, Mehsana, Gujarat.
  • General corporate purposes.

Explore other Upcoming IPOs on BSE and NSE.

Knack Packaging IPO Day 1 Subscription Status

[July 1, 2026, 10:10 AM]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

0.00x

Non-Institutional Investors (NIIs)

0.13x

Retail Individual Investors (RIIs)

0.05x

Total 

0.05

Knack Packaging IPO GMP Today

According to media reports, the Knack Packaging  IPO was commanding a Grey Market Premium (GMP) of around ₹15 over its issue price.

About Knack Packaging Limited

Knack Packaging Limited is an integrated packaging solutions company engaged in the manufacturing of printed and laminated woven polypropylene (PLWPP) bags, including PLWPP pinch-bottom bags. It caters to a wide range of industries, including food, pet food, agriculture, chemicals, fertilisers, and construction, by delivering customised packaging products designed to improve product safety and strengthen brand presentation.

The company has built a global footprint across 71 countries and serves more than 1,950 customers worldwide. Its vertically integrated manufacturing facilities in Gujarat enable complete in-house production, covering every stage from processing polypropylene granules to manufacturing finished packaging solutions.

Key Financial Highlights

Particulars 

FY26  

(in ₹ Cr.)

FY25 

(in ₹ Cr.)

FY24

(in ₹ Cr.)

Revenue from Operations 

823.43

736.49

654.55

Profit After Tax

92.27

73.81

45.98

EBITDA 

172.29

144.34

101.37

Disclaimer: This news is solely for educational purposes. The securities/investments quoted here are not recommendatory.  

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