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IPO details · Updated

Knack Packaging Limited

ClosedMainboardNSE: KNACKBSE: 544814
Check Allotment
Price Band
₹161 – ₹170
Lot Size
88 shares
Min. Investment
₹14,960
Issue Size
₹439.5 Cr
Offer Dates
1 Jul – 3 Jul 2026
Listing
8 Jul 2026

Issue Details

Full details →
Total Issue Size
₹439.5 Cr
2,58,65,164 shares
Fresh Issue
₹380.03 Cr
2,23,65,164 shares
Offer for Sale
₹59.47 Cr
35,00,000 shares
Face Value
₹10 per share
Issue Type
Book-built IPO
Listing At
BSE, NSE
Shares Pre-Issue
10,00,00,000
Shares Post-Issue
12,23,65,164

IPO Timeline

  1. Offer opens

    1 Jul 2026

  2. Offer closes

    3 Jul 2026

  3. Allotment

    6 Jul 2026

  4. Listing

    8 Jul 2026

Issue Allocation

Share of the offer reserved for each investor category

  • Anchor29.8%77,20,587 shares
  • QIB19.9%51,47,059 shares
  • HNI14.9%38,60,295 shares
  • Retail34.8%90,07,353 shares
  • Employee0.5%1,29,870 shares

Subscription Status

Times subscribed by investor category

CategoryOfferedBidsSubscribed
QIB51,47,05982,37,07,192
160.03x
NII38,60,29556,57,92,040
146.57x
Retail90,07,35318,95,00,872
21.04x
Employee1,29,87012,77,936
9.84x
Total1,81,44,5771,58,02,78,040
87.09x

Lot Size & Investment

1 lot = 88 shares

Retail (min)

1 lot · 88 shares

Retail (max)

13 lots · 1,144 shares

S-HNI (min)

14 lots · 1,232 shares

ApplicationLotsSharesAmount
Retail188₹14,960
Small HNI (S-HNI)141,232₹2,09,440
Big HNI (B-HNI)675,896₹10,02,320

Financial Performance

Restated figures in ₹ crore, unless stated otherwise

Financial performance by period
PeriodMar-26Mar-25Mar-24Mar-23
Assets595.25449.36379.38269.33
Total Income843.77747.38659.01518.47
Profit After Tax92.7273.8145.9819.87
EBITDA172.29144.34101.3754.84
Net Worth308.19214.71140.6295.34
Reserves & Surplus208.19209.71135.6290.34
Total Borrowing192.47172.06173.09122.66

Key Performance Indicators

Key performance indicators
PeriodMar-26
RoNW (%)35.47
EPS (₹)9.27
P/E (pre-issue)18.33

Peer Comparison

Listed companies in the same business

CompanyP/EROE
Time Technoplast Ltd17.8613.37%
Tcpl Packaging Ltd28.1914.34%
Mold-tek Packaging Ltd31.8310.98%

About Knack Packaging Limited

Incorporated in 2013, Knack Packaging Ltd. is an integrated packaging solutions provider focusing on innovation, exports, and sustainability. The company manufactures Printed and Laminated Woven Polypropylene (PLWPP) bags, including pinch bottom, gusset, block bottom, and retail shopping bags. These high-strength solutions are used across industries such as food, pet food, agriculture, fertilizers, building materials, detergents, cement, chemicals, minerals, and more. The products enhance brand visibility, reduce counterfeiting risks, and improve operational performance. In Fiscal 2025, Knack Packaging Limited held around 10.1% share of the Indian flexible bulk PLWPP bag market. It serves leading Indian names like Baba Agro Food Limited, Drools Pet Food Private Limited, Ebro India Private Limited, KRBL Limited, and DCM Shriram Limited, along with global brands across 68 countries, including Cargill, Cristo S.A., and Repi Soap and Detergent PLC. Exports contribute a major share of operations, with the United States, Mexico, and South Africa accounting for 35.19% of total exports. The company operates an in-house printing facility offering end-to-end design and cylinder development services. As on May 31, 2026, Knack Packaging Limited has developed over 73,000+ printing cylinders, handled 13,379 SKUs, and maintained a 92,065.47 sq. ft. warehouse for storage, enabling consistent quality for more than 1,950+ customers worldwide. As of Fiscal 2026, the company had a total workforce of 1,834 employees, including contractual workers. Strengths Focus on operational efficiency through integrated and digitised processes Capability to deliver complex product design with accuracy Customer-centric custom packaging solutions Presence across Indian and global market catering to various industries Experienced and skilled management and Board of Directors

Objects of the Issue

  • Partial funding of capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. (₹320.00 Cr)
  • General Corporate Purposes (₹31.15 Cr)
  • Issue Expenses (₹33.37 Cr)

Promoters

  • Alpesh Tulsibhai Patel
  • Pravinkumar Ambalal Patel
  • Rashminbhai Tulsibhai Patel

Company Information

Book running lead managers
  • Systematix Corporate Services Ltd.
  • IDBI Capital Markets & Securities Ltd.
  • Pantomath Capital Advisors Pvt.Ltd.
Registered office
330/A, Kalasagar Shopping Hub, Opp Saibaba Temple, Satadhar Cross Road, Ghatlodiya, Ahmedabad, Gujarat, 380061

Disclaimer: Data on OpenIPO is for information only and is not investment advice. OpenIPO is not a SEBI-registered entity. GMP figures are unofficial estimates and may change. Verify all details against the company RHP and the official registrar before investing.