Knack Packaging IPO

Listed Mainboard
Min Investment
₹14,960
88 Shares
Min Investment
₹14,960 · 88 Shares
Open Jul 01
Close Jul 03
Allotment Jul 06
Refund Jul 07
Listing Jul 08

Market Sentiment

+Rs 6
+3.5%
Est. Listing: Rs 176
Updated: Jul 07, 2026 6:50 pm
Subscription Status
QIB
154.34x
NII
139.81x
bNII (>10L)
156.28x
sNII (2-10L)
106.86x
Retail
20.06x
Employee
9.26x
Total
83.32x
Updated: Jul 03, 2026 5:00 pm IST
Analysis Score 65 / 100
Data: 80%
GMP Score 35
Subscription Score 100
Financial Health 66
Score updates live as GMP/subscription change. For information only — not investment advice.

IPO Details

Issue Price₹161-170 per equity share
Face Value₹10 Per Equity Share
Lot Size 88 shares (Min ₹14,960)
Total Issue Size ₹439.50 crore
Fresh Share₹380.00 crore
Offer For Sale₹59.50 crore
Issue TypeBook Building Issue
Lead ManagerSystematix Corporate Services Ltd., IDBI Capital Markets & Securities Ltd., Pantomath Capital Advisors Pvt.Ltd.
RegistrarMUFG Intime India Pvt. Ltd.
Listing atBoth
NSE Symbol
ISIN
Listing Price₹188.00
Listing Gain+10.59%

Market Lot Size

Category Lots Shares Amount (₹)
Retail Minimum 1 88 ₹14,960
Retail Maximum 13 1,144 ₹1,94,480
S-HNI Minimum 14 1,232 ₹2,09,440
S-HNI Maximum 66 5,808 ₹9,87,360
B-HNI Minimum 67 5,896 ₹10,02,320
Budget to Lots Calculator

IPO Reservation

Category Shares Offered Shares %
QIB51,40,94828.56%
NII (HNI)38,58,46121.43%
bNII > ₹10L26,97,82614.99%
sNII < ₹10L13,48,9137.49%
Retail90,03,07550.01%
Employee1,37,9310.77%
Anchor77,20,58742.89%
Total1,80,02,484100.00%

Day-wise Subscription (times subscribed)

Category Day 1 Day 2 Day 3
QIB 3.15x 3.48x 154.34x
NII 4.89x 19.22x 139.81x
bNII > ₹10L 5.50x 20.27x 156.28x
sNII 2-10L 3.68x 17.13x 106.86x
Retail 1.31x 4.23x 20.06x
Employee 2.08x 3.77x 9.26x
Total 2.60x 7.21x 83.32x

Financial Analysis

Financial Data
EPS (Pre)
Rs 9.27
ROE
35.75%
ROCE
46.71%
RoNW
35.47%
EBITDA Margin
20.42%
Debt/Equity
0.62
NAV/Share
Rs 30.82
Revenue Growth
12.90%
Profit Margin
10.99%
Financial Performance
Metric 2024 2025 2026
Revenue 659.01 747.38 843.77
Expense 597.26 648.15 716.69
Profit (PAT) 45.98 73.81 92.72
Total Assets 379.38 449.36 595.25
Values in Crores (₹)
Peer Comparison
Company EPS P/E RoNW % NAV
Time Technoplast Limited 9.99 17.86 13.37 84.40
TCPL Packaging Limited 107.47 28.19 14.34 791.28
Mold-tek Packaging Limited 21.93 31.83 10.98 207.57
Promoters & Holding Pattern

Promoters: Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, and Rashminbhai Tulsibhai Patel

Shareholding No. of Shares Holding %
Promoter Holding Pre Issue 10,00,00,000 89.60%
Promoter Holding Post Issue 12,23,52,941 70.59%

Strengths & Risks

Strengths
  • Heavily oversubscribed — 83.3x overall (so far).
  • Strong institutional (QIB) demand — 154.3x.
  • Solid profit margin — 11.0%.
  • Strong return on equity — 36%.
  • Mostly fresh capital — proceeds fund the company's growth, not an exit.
Risks & Concerns

No major red flags in the available data.

Auto-generated from live GMP, subscription, valuation and financial data. Informational only — not investment advice. Always read the RHP before applying.

Company Information

About Knack Packaging

Knack Packaging is one of the leading manufacturers of printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags. It is an innovative packaging solutions provider that makes customised and high-strength PLWPP bags. Its products are useful to a wide range of industries, including food, pet food, agriculture, chemicals, fertilisers, building materials, and other industrial applications. The company manufactures packaging products all under one roof, from raw materials to finished goods, enabling it to make products with better quality and lower costs. Its manufacturing facility is situated in Gujarat, covering 1.12 million sq. ft with a capacity of 36,400 MTPA. Moreover, Knack Packaging has also maintained strong relationships with well-known domestic and international brands such as Cargill, KRBL, Drools, and Ebro Foods.

Objects of the Issue
Purpose Amount (Cr)
Capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. 320.00
General Corporate Purpose -

Resources & Documents

Anchor Investors
Anchor Bidding Date
June 30, 2026
Shares Offered to Anchors
77,20,587
Lock-in End (30 Days, 50%)
August 05, 2026
Lock-in End (90 Days, 50%)
October 04, 2026
Company Contact Information

Knack Packaging Ltd., 330/A, Kalasagar Shopping Hub,, Opp Saibaba Temple,, Satadhar Cross Road, Ghatlodiya, Ahmedabad, Gujarat, 380061

Knack Packaging IPO — Quick Take

Knack Packaging has set a price band of Rs 161–Rs 170 per share for an issue size of Rs 440 crore. The stock listed with a 10.59% gain versus its issue price on July 08, 2026.

Knack Packaging is one of the leading manufacturers of printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags. It is an innovative packaging solutions provider that makes customised and high-strength PLWPP bags.

The issue is promoted by Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, and Rashminbhai Tulsibhai Patel with Systematix Corporate Services Ltd., IDBI Capital Markets & Securities Ltd., Pantomath Capital Advisors Pvt.Ltd. acting as lead manager. Net proceeds will primarily be used towards Capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. (Rs 320 crore) and General Corporate Purpose.

Grey market is quoting a premium of +Rs 6 (+3.5% over issue price), down Rs 7 from the previous session. Final subscription data records overall subscription at 83.32x, retail at 20.06x, QIB at 154.34x, NII at 139.81x.

On fundamentals, the company is posting revenue growth of 12.9%, a profit margin of 11.0%, return on equity of 35.8% in its most recent reported period. Listed peers in this segment include Time Technoplast Limited (P/E 17.86x) and TCPL Packaging Limited (P/E 28.19x) — useful reference points when evaluating the issue's pricing relative to where the broader sector are trading.

Our data-driven engine currently flags this issue as a Subscribe call — the composite picture tilts favourable, though not without some caveats. Past performance does not predict future returns — review the price chart and peer comparison below before trading.

Frequently Asked Questions

The price band of Knack Packaging IPO is Rs 161 to Rs 170 per share. Face value is Rs 10 per share.

The total issue size of Knack Packaging IPO is Rs 440 crore, comprising fresh issue of Rs 380 crore and offer for sale (OFS) of Rs 60 crore.

Retail investors must apply for a minimum of 1 lot of 88 shares, requiring an investment of Rs 14,960. Maximum retail application is 13 lots (1144 shares, approx Rs 1,94,480).

Knack Packaging IPO opens for subscription on July 01, 2026 and closes on July 03, 2026. Anchor investor bidding is scheduled for June 30, 2026.

The expected allotment date for Knack Packaging IPO is July 06, 2026. Refunds for unsuccessful applicants are expected on July 07, 2026.

Knack Packaging IPO is scheduled to list on July 08, 2026 on both BSE and NSE. BSE script code: –, NSE symbol: –, ISIN: –.

The current GMP (Grey Market Premium) of Knack Packaging IPO is +Rs 6 (+3.5% over issue price). GMP is an unofficial grey market indicator and may change through the subscription window. See the GMP chart on this page for the full trend.

Knack Packaging IPO is currently subscribed 83.32 times overall — retail at 20.06x, QIB at 154.34x, NII at 139.81x. Live subscription data updates multiple times per day on open-issue days.

Based on the current retail subscription of 20.06x for Knack Packaging IPO, the estimated retail allotment probability is approximately 5.7%. This is a low probability — approximately 6 out of every 100 retail applications may receive allotment.

The registrar for Knack Packaging IPO is MUFG Intime India Pvt. Ltd.. After the allotment date, you can check your allotment status on the registrar's official website by entering your PAN, application number, or demat account details. Allotment status is also available on the BSE and NSE websites.

The book running lead manager(s) for Knack Packaging IPO are Systematix Corporate Services Ltd., IDBI Capital Markets & Securities Ltd., Pantomath Capital Advisors Pvt.Ltd..

The promoter(s) of Knack Packaging are Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, and Rashminbhai Tulsibhai Patel.

Knack Packaging IPO GMP — What It Means

The latest grey market premium for Knack Packaging IPO is ₹6 (+3.5%). GMP is an unofficial, dealer-quoted figure that hints at expected listing-day demand — it is not a guaranteed listing price. For Knack Packaging it should be read alongside the subscription numbers and the company's fundamentals, since grey-market premiums can swing sharply during the bidding window.

See the full Knack Packaging GMP history and trend, or learn how grey market premium works and how reliable it is.

0 Comments

No comments yet. Be the first to share your opinion!

GMP Update