Knack Packaging IPO is a Mainboard book-built public issue that offers investors an opportunity to participate in the company’s growth journey. The IPO consists of a fresh issue of equity shares along with an Offer for Sale (OFS) by existing shareholders. The company plans to utilize the net proceeds from the fresh issue for capital expenditure, repayment or prepayment of certain borrowings, funding working capital requirements, and general corporate purposes as outlined in the prospectus.
The Knack Packaging IPO will open for subscription on 1 July 2026 and close on 3 July 2026. The price band has been fixed at ₹161 to ₹170 per equity share, with a minimum application lot of 88 shares. The basis of allotment is expected to be finalized on 6 July 2026, while the shares are scheduled to be listed on BSE and NSE on 8 July 2026, subject to the completion of the post-issue process.
This article provides complete information about the Knack Packaging IPO, including the issue size, important dates, price band, lot size, Grey Market Premium (GMP), subscription status, company profile, financial performance, key strengths, risk factors, registrar details, and frequently asked questions. The information presented here is compiled from the company’s official prospectus and exchange-related disclosures to help investors understand the public issue before making any investment decision.
Knack Packaging IPO Details
The Knack Packaging IPO is a book-built Mainboard public issue comprising a fresh issue of equity shares and an Offer for Sale by certain existing shareholders. According to the company’s prospectus, the total issue size is approximately ₹439.50 crore, including a fresh issue of around ₹380 crore and an Offer for Sale of about ₹59.50 crore. The IPO is proposed to be listed on both the BSE and the NSE, with NSE acting as the designated stock exchange for the issue.
| IPO Details | Information |
|---|---|
| IPO Name | Knack Packaging IPO |
| IPO Type | Book Built Issue |
| Issue Category | Mainboard IPO |
| Face Value | ₹10 per Equity Share |
| Price Band | ₹161 to ₹170 per Share |
| Issue Size | ₹439.50 Crore |
| Fresh Issue | ₹380.00 Crore |
| Offer for Sale | ₹59.50 Crore |
| Total Shares Offered | 2,58,52,941 Equity Shares |
| IPO Opens | 1 July 2026 |
| IPO Closes | 3 July 2026 |
| Listing Exchange | BSE & NSE |
| Listing Date | 8 July 2026 |
| Lot Size | 88 Shares |
| Minimum Investment | ₹14,960 |
| Issue Status | Listed |
Knack Packaging IPO Dates & Timeline
The Knack Packaging IPO follows the standard book-building process used for mainboard public issues in India. The public subscription opened on 1 July 2026 and remained available until 3 July 2026. Following the closure of the issue, the registrar finalized the basis of allotment, initiated refunds to unsuccessful applicants, credited shares to successful investors’ demat accounts, and listed the equity shares on the stock exchanges. Investors should always keep track of these important dates, as they determine when UPI mandates are blocked, when allotment results become available, and when trading begins. The complete IPO schedule is provided below.
| Event | Date |
|---|---|
| Anchor Investor Bidding | 30 June 2026 |
| IPO Opening Date | 1 July 2026 |
| IPO Closing Date | 3 July 2026 |
| Basis of Allotment | 6 July 2026 |
| Initiation of Refunds | 7 July 2026 |
| Credit of Shares to Demat | 7 July 2026 |
| Listing Date | 8 July 2026 |
Retail investors who applied through the ASBA process were required to approve the UPI mandate before the prescribed deadline on the issue closing date. Once the allotment process was completed, refunds were initiated for unsuccessful applicants, while successful applicants received the allotted shares directly in their demat accounts before the company’s listing on BSE and NSE.
Knack Packaging IPO Reservation
The Knack Packaging IPO follows the SEBI-prescribed allocation pattern for mainboard book-built issues. A fixed percentage of shares is reserved for Qualified Institutional Buyers (QIBs), Non-Institutional Investors (NIIs), and Retail Individual Investors (RIIs). This allocation ensures balanced participation from institutional investors as well as retail applicants.
| Investor Category | Reservation |
|---|---|
| Qualified Institutional Buyers (QIB) 50% | 50% |
| Non-Institutional Investors (NII/HNI) 15% | 15% |
| Retail Individual Investors (RII) 35% | 35% |
Retail investors compete only within the retail category, while high-net-worth individuals (HNIs) apply under the non-institutional category. Qualified Institutional Buyers include domestic mutual funds, insurance companies, banks, and foreign portfolio investors that participate according to applicable regulations.
Knack Packaging IPO Lot Size
The minimum application size for the Knack Packaging IPO is one lot comprising 88 equity shares. Investors may apply for additional lots in multiples of the prescribed lot size, subject to the applicable investment limits for their category. The following table helps investors calculate the minimum and maximum investment amounts.Knack Packaging IPO Lot Size
| Application Category | Lots | Shares | Investment (₹170 per Share) |
|---|---|---|---|
| Retail (Minimum) | 1 | 88 | ₹14,960 |
| Retail (Maximum) | 13 | 1,144 | ₹194,480 |
| S-HNI (Minimum) | 14 | 1,232 | ₹209,440 |
| B-HNI (Minimum) | 67 | 5,896 | ₹1,002,320 |
Retail investors can submit applications up to the maximum retail investment limit permitted under SEBI regulations. Applications exceeding this limit are treated as non-institutional (HNI) applications. Investors should carefully review the lot size and investment amount before submitting their IPO application through ASBA or the UPI-based process.
About Knack Packaging Limited
Knack Packaging Limited is an integrated packaging solutions company engaged in manufacturing high-quality woven polymer-based packaging products for domestic and international markets. The company offers a wide range of packaging solutions that cater to industries such as agriculture, food, chemicals, fertilizers, cement, animal feed, retail, and industrial applications. Over the years, Knack Packaging has expanded its product portfolio by focusing on innovative, durable, and sustainable packaging solutions that meet changing customer requirements.
The company’s manufacturing operations are supported by modern production facilities equipped with advanced machinery and quality control systems. Its integrated manufacturing process enables better control over product quality, production efficiency, and timely delivery. The company also emphasizes research and product development to introduce customized packaging solutions for different industries.
A significant portion of Knack Packaging’s revenue is generated from exports, with its products supplied to customers across numerous international markets. The company has built long-term relationships with customers by maintaining consistent product quality, competitive pricing, and reliable delivery schedules. According to the prospectus, exports contributed a substantial share of revenue, reflecting the company’s growing international presence.
Knack Packaging also focuses on sustainable packaging by manufacturing products that incorporate recycled materials while maintaining product performance. This approach helps the company align with evolving environmental regulations and customer preferences for eco-friendly packaging solutions.
The company intends to strengthen its market position by expanding manufacturing capacity, improving operational efficiency, and increasing its presence in both domestic and export markets. The proposed manufacturing facility planned through the IPO proceeds is expected to support future demand and improve production capabilities.
Knack Packaging Financial Performance
Knack Packaging has reported consistent growth in revenue and profitability over the last three financial years. The company has improved its operating performance while maintaining healthy profit margins. Rising export sales, increasing customer demand, and better manufacturing efficiency have contributed to its financial growth. The financial data below is based on the company’s restated consolidated financial statements included in the prospectus.Knack Packaging Financial Performance
| Financial Year | FY2024 | FY2025 | FY2026 |
|---|---|---|---|
| Total Income | ₹659.01 Cr | ₹747.38 Cr | ₹843.77 Cr |
| EBITDA | ₹101.37 Cr | ₹144.32 Cr | ₹172.29 Cr |
| EBITDA Margin | 15.38% | 19.31% | 20.42% |
| Profit After Tax (PAT) | ₹45.98 Cr | ₹73.81 Cr | ₹92.72 Cr |
| PAT Margin | 6.98% | 9.88% | 10.99% |
| Net Worth | ₹140.62 Cr | ₹214.71 Cr | ₹308.19 Cr |
The financial performance indicates a steady upward trend in both revenue and profitability. Revenue increased by nearly 28% between FY2024 and FY2026, while profit after tax more than doubled during the same period. EBITDA margins also improved consistently, indicating better operating efficiency and cost management. Growth in net worth further reflects the company’s expanding financial base and stronger balance sheet.
Objectives of the Knack Packaging IPO
The company plans to utilize the net proceeds from the fresh issue primarily for expanding its manufacturing capacity. According to the prospectus, the new manufacturing facility is expected to enhance production capabilities and support future business growth. The remaining proceeds will be used for general corporate purposes in accordance with applicable regulations.
| Objective | Purpose |
|---|---|
| Setting up a New Manufacturing Facility | Establish a manufacturing facility at Borisana, Kadi, Mehsana, Gujarat |
| Capital Expenditure | Purchase plant, machinery and related infrastructure |
| Business Expansion | Increase production capacity to meet future demand |
| General Corporate Purposes | Support routine corporate and operational requirements |
Company Strengths
- Integrated Manufacturing Operations – Knack Packaging follows an integrated manufacturing approach where multiple production activities are carried out within its facilities. This enables better process control, consistent product quality, efficient production planning, and timely delivery to customers.
- Strong Presence in Domestic and International Markets – The company caters to customers across India as well as several overseas markets. Its export business helps diversify revenue streams while reducing dependence on a single geographical market.
- Wide Product Portfolio – Knack Packaging manufactures a variety of packaging products that serve industries such as agriculture, food processing, fertilizers, chemicals, cement, and other industrial sectors. This diversified product range allows the company to address different customer requirements.
- Healthy Financial Growth – The company’s financial performance has shown consistent improvement in recent years, supported by growth in revenue, profitability, and net worth. This reflects its expanding business operations and improved operational efficiency.
- Commitment to Quality and Innovation – The company focuses on maintaining product quality through modern manufacturing practices and continuous improvement. It also works on developing packaging solutions that align with changing customer and industry requirements.
- Growth Through Capacity Expansion – The proposed utilization of IPO proceeds towards expanding manufacturing infrastructure is expected to strengthen production capabilities and support future business growth.
Risk Factors
Investing in any IPO involves certain business and market-related risks. Before making an investment decision, investors should carefully review the company’s risk disclosures in the official prospectus. Some of the major risks associated with Knack Packaging include:
- Fluctuating Raw Material Costs – The company depends on polymer-based raw materials for manufacturing. Any significant increase in raw material prices may affect production costs and operating margins.
- Exposure to Export Markets – Since a portion of revenue comes from exports, changes in international demand, foreign exchange rates, or global trade conditions could influence business performance.
- Geographical Concentration of Manufacturing – The company’s manufacturing facilities are located in Gujarat. Any regional disruption, including natural disasters, labour issues, or infrastructure problems, may temporarily impact production.
- Execution of Expansion Plans – The successful implementation of the company’s proposed expansion projects is important for future growth. Delays, cost overruns, or operational challenges could affect expected outcomes.
- Intense Industry Competition – The packaging industry is highly competitive, requiring continuous investments in technology, quality, pricing, and customer relationships to maintain market position.
- Regulatory and Economic Risks – Future financial performance may be affected by changes in government regulations, environmental compliance requirements, taxation policies, or broader economic conditions.
FAQs about Knack Packaging IPO
What is Knack Packaging IPO?
Knack Packaging IPO is a Mainboard initial public offering through which the company offered equity shares to the public. The issue includes a fresh issue of shares along with an Offer for Sale by existing shareholders, and the equity shares are proposed to be listed on BSE and NSE.
What is the price band of the Knack Packaging IPO?
The company fixed the IPO price band at ₹161 to ₹170 per equity share, allowing investors to submit bids within this range during the subscription period.
What is the minimum investment for retail investors?
Retail investors were required to apply for at least one lot comprising 88 equity shares. At the upper price band of ₹170 per share, the minimum investment worked out to ₹14,960.
How will the company use the IPO proceeds?
The funds raised through the fresh issue are proposed to be utilized primarily for establishing a new manufacturing facility and meeting other approved corporate requirements, as described in the company’s prospectus.
Does Knack Packaging export its products?
Yes. The company supplies packaging products to customers in overseas markets in addition to serving domestic clients. Export operations form an important part of its overall business activities.
Where can investors download the official prospectus?
The Red Herring Prospectus (RHP) and related IPO documents are available through the company’s investor relations section and the official stock exchange websites where the issue documents have been filed.
