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.
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 |
The company intends to utilise the net proceeds from the fresh issue towards:
Explore other Upcoming IPOs on BSE and NSE.
[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 |
According to media reports, the Knack Packaging IPO was commanding a Grey Market Premium (GMP) of around ₹28 over its issue price.
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.
|
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 |
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