Knack Packaging Shares List at an 11% Premium on NSE
Knack Packaging delivered a strong stock market debut on Wednesday, July 8, 2026, with its shares listing at a premium on both the NSE and BSE. The stock opened at ₹188 on the NSE, representing a 10.59% premium over its issue price of ₹170 per share, while on the BSE, it listed at ₹186, translating into a 9.41% premium.
The ₹439.50 crore IPO was open for subscription from July 1 to July 3, 2026, and witnessed strong demand, with the issue being subscribed 83.33 times overall.
Knack Packaging IPO - Issue Details
- Issue Type: Book Built Issue (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 Running Lead Managers (BRLMs): Systematix Corporate Services Limited, IDBI Capital Markets & Securities Limited and Pantomath Capital Advisors Private Limited
- Registrar: MUFG Intime India Private Limited
Knack Packaging IPO Overall Subscription Status
[July 3, 2026, 7:00 PM]
|
Category |
Subscription (x) |
|
Qualified Institutional Buyers (QIBs) |
154.34x |
|
Non-Institutional Investors (NIIs) |
139.81x |
|
Retail Individual Investors (RIIs) |
20.7x |
|
Total |
83.33x |
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.
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 |
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