The ₹439.50 crore Knack Packaging IPO has entered its second day of subscription today, July 2, 2026, with a price band of ₹161 to ₹170 per share. As of 10:40 AM on Day 2, the issue was subscribed 3.29 times, while the Grey Market Premium (GMP) stands at around ₹26 over the issue price.

The issue will remain open until July 3, 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 (88 shares) (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 2 Subscription Status

[July 2, 2026, 10:40 AM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	3.16x
Non-Institutional Investors (NIIs)	6.86x
Retail Individual Investors (RIIs)	1.84x
Total	3.29x

Knack Packaging IPO GMP Today

According to media reports, the Knack Packaging IPO was commanding a Grey Market Premium (GMP) of around ₹26 over its issue price.

About Knack Packaging Limited

Knack Packaging Limited is an integrated packaging solutions provider specializing in the manufacture of printed and laminated woven polypropylene (PLWPP) bags, including pinch-bottom variants. The company offers customized packaging solutions to industries such as food, pet food, agriculture, chemicals, fertilizers, and construction, helping enhance product protection and brand visibility.

The company exports its products to 71 countries and serves a customer base of over 1,950 clients globally. Its vertically integrated manufacturing facilities in Gujarat support end-to-end in-house production, from processing polypropylene granules to producing finished packaging products.

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