Knack Packaging IPO Opens July 1: Price Band, GMP and Key Details
- 30th June 2026
- 01:00 PM
- 3 min read
Summary
Knack Packaging Limited's initial public offering opens for subscription on 1 July 2026 and closes on 3 July 2026. The book build issue is priced in a band of ₹161 to ₹170 per equity share, with a total issue size of ₹439.50 crore, comprising a fresh issue of ₹380 crore and an offer for sale of ₹59.50 crore.Mumbai | 30 June 2026
Knack Packaging, an integrated packaging solutions provider, will open its ₹439.50 crore initial public offering on 1 July, with shares proposed for listing on both the BSE and the NSE.
Issue Structure and Key Dates
| Particular | Detail |
| Issue opens | 1 July 2026 |
| Issue closes | 3 July 2026 |
| Price band | ₹161 to ₹170 per share |
| Fresh issue | 2.24 crore shares, ₹380 crore |
| Offer for sale | 0.35 crore shares, ₹59.50 crore |
| Total issue size | ₹439.50 crore |
| Lot size | 88 shares |
| Allotment date | 6 July 2026 (tentative) |
| Listing date | 8 July 2026 (tentative) |
| Listing exchanges | BSE, NSE |
| Lead managers | Systematix Corporate Services, IDBI Capital Markets & Securities, Pantomath Capital Advisors |
| Registrar | MUFG Intime India Private Limited |
A retail investor must apply for a minimum of one lot, amounting to ₹14,960 at the upper price band. Small non-institutional investors must apply for a minimum of 14 lots, comprising 1,232 shares, amounting to ₹2,09,440, while big non-institutional investors must apply for a minimum of 67 lots, comprising 5,896 shares, amounting to ₹10,02,320.
Grey Market Premium
Knack Packaging shares commanded a grey market premium of ₹24 as of 2:54pm on 30 June 2026. Based on the upper price band of ₹170, this implies an estimated listing price of ₹194, a gain of 14.12% over the issue price.
Grey market premium is an unofficial indicator based on unregulated trading activity and does not guarantee listing-day performance.
About Knack Packaging
Incorporated in 2013, Knack Packaging manufactures printed and laminated woven polypropylene bags, including pinch bottom, gusset, block bottom, and retail shopping bag formats. These are used across the food, pet food, agriculture, fertiliser, building materials, detergent, cement, chemical, and minerals industries. The company held around 10.1% share of the Indian flexible bulk PLWPP bag market in fiscal 2025.
Its client base includes Baba Agro Food, Drools Pet Food, Ebro India, KRBL, and DCM Shriram, alongside global names such as Cargill, Cristo S.A., and Repi Soap and Detergent PLC across 68 countries. Exports to the United States, Mexico, and South Africa account for 35.19% of total exports. The company runs an in-house printing facility offering design and cylinder development services. As of 31 May 2026, it had developed over 73,000 printing cylinders, handled 13,379 SKUs, and maintained a 92,065.47 sq ft warehouse serving more than 1,950 customers worldwide. As of fiscal 2026, the company employed 1,834 people, including contractual workers.
Outlook
Subscription figures will determine demand once bidding opens on 1 July, with category-wise data expected from the exchanges through the bidding window.
Stay updated on Indian equity and commodity markets. Read more market news on PL Capital →
Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing.
This is a knowledge-sharing initiative by PL Capital. The information provided is only for educational purposes and should not be considered as financial advice & has no influence on the investment/trading decisions of any investors.
For detailed disclaimers/disclosure and Mandatory terms and conditions please visit our website https://www.plindia.com/regulatory-content/
