Knack Packaging IPO Day 3: Check GMP, Subscription Status & Key Issue Details

03 July 2026
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The ₹439.50 crore Knack Packaging IPO has entered its final day of subscription today, July 3, 2026. The mainboard issue is being offered at a price band of ₹161 to ₹170 per share. As of 10:05 AM on Day 3, the issue was subscribed 8.76 times, while the Grey Market Premium (GMP) stood at around ₹28 per share over the upper end of the issue price.

The public issue will close on July 3, 2026. The basis of allotment is expected to be finalized 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 3 Subscription Status

[July 3, 2026, 10:05 AM]

Category 

Subscription (x)

Qualified Institutional Buyers (QIBs)

3.48x

Non-Institutional Investors (NIIs)

24.91x

Retail Individual Investors (RIIs)

4.88x

Total 

8.76x

Knack Packaging IPO GMP Today

According to media reports, the Knack Packaging IPO was commanding a Grey Market Premium (GMP) of around ₹28 over its issue price.

About Knack Packaging Limited

Knack Packaging Limited is a comprehensive packaging solutions company engaged in manufacturing printed and laminated woven polypropylene (PLWPP) bags, including pinch-bottom bags. It provides tailored packaging products for industries such as food, pet food, agriculture, chemicals, fertilizers, and construction, enabling customers to improve product safety, storage, and brand presentation.

The company exports its packaging solutions to customers across 71 countries and has built a global client base of more than 1,950 customers. Its fully integrated manufacturing facilities in Gujarat manage the entire production process in-house, starting from polypropylene granule processing through to the manufacturing of 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

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

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