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 |
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