Knack Packaging was incorporated on March 4, 2013. The company is a leading export-led packaging solutions provider, offering printed and laminated woven polypropylene bags for sectors like food and pet food. Their solutions enhance brand visibility, reduce counterfeiting, and improve operational efficiency
| Bidding Dates |
|---|
| 01 Jul 2026 - 03 Jul 2026 |
| Subscription |
|---|
| 83.33x Oversubscribed |
| Minimum Investment | Minimum Lot | Maximum Lot | Lot Size | Number of Shares | Issue Price Band | Post Issue Promoter Holding % | Issue Size | IPO Document |
|---|---|---|---|---|---|---|---|---|
| ₹14,168 | 1 | 13 | 88 | 25.9 M | ₹161 - ₹170 | 70.6 % | ₹4162.3 M - ₹4395.0 M | RHP DOC |
Knack Packaging IPO SUBSCRIPTION STATUS
03 Jul '26Knack Packaging IPO overall subscription rate was 83.33 times the total available shares
Knack Packaging IPO retail subscription rate was 20.07 times in the retail segment
Knack Packaging IPO non-institutional investor subscription rate was 139.81 times in the non-institutional investor category
Knack Packaging IPO Qualified Institutional Bidder subscription rate was 154.34 times the available shares for Qualified Institutional Bidder
Knack Packaging IPO Employees subscription rate was 9.27 times in the Employees category
| Day | Retail Individual Investor | HNI (NII) Investors | Qualified Institutional Buyers | Employees |
|---|---|---|---|---|
| Category Reservation | 35% | 15% | 50% | - |
03 Jul 2026 (Day 3) | 20.07x | 139.81x | 154.34x | 9.27x |
02 Jul 2026 (Day 2) | 4.23x | 19.22x | 3.48x | 3.77x |
01 Jul 2026 (Day 1) | 1.31x | 4.89x | 3.15x | 2.08x |
Knack Packaging FINANCIALS
| Period | Revenue from Operations (Rs in crore) | Net Profit (Rs in crore) | Cash Flow from Operations (Rs in crore) | Free Cash Flow (Rs in crore) | Margins |
| FY26 | 823.4 | 92.7 | 92.0 | -10.5 | 20.4% |
| FY25 | 736.5 | 73.8 | 94.1 | 36.6 | 19.3% |
| FY24 | 654.6 | 46.0 | 32.4 | -36.2 | 15.4% |
Knack Packaging IPO SUBSCRIPTION STATUS DETAILS
Knack Packaging had 25.9 M shares on offer
Knack Packaging IPO offer price was in the range ₹161 - ₹170
Knack Packaging IPO minimum Investment was ₹14168
Knack Packaging IPO issue size was ₹ 4162.3 M - ₹ 4395.0 M
Knack Packaging had a minimum lot size of 88 Shares per application
Knack Packaging NUMBER OF SHARES ON OFFER
Knack Packaging IPO IMPORTANT DATES
| Issue Open Date | 01 Jul 2026 |
| Issue close Date | 03 Jul 2026 |
| Allotment Date | 06 Jul 2026 |
| Refund Date | 07 Jul 2026 |
| Demat Account Credit Date | 07 Jul 2026 |
| Listing Date | 08 Jul 2026 |
| Listing on Exchange(s) | NSE and BSE |
| Knack Packaging Allotment Status | Exchange/ Registrar |
Knack Packaging IPO subscription opened on 01 Jul 2026, and closed on 03 Jul 2026
IPO allotment for Knack Packaging was finalized on Monday, 06 Jul 2026
IPO listing for Knack Packaging was on NSE and BSE on Wednesday, 08 Jul 2026
Knack Packaging IPO LISTING GAINS
| Issue Price (adjusted) | 170.0 |
| Listing Open Price | 188.0 |
| Listing Close Price | 183.0 |
| Listing Gain% | 10.6% |
| Current Gain% | 22.6% |
Knack Packaging Peer
| Stock | Stock Price | Market Cap (Rs crore) | PE TTM | PEG TTM | PS TTM | ROE% | ROA% | Annual Revenue (Rs crore) | Annual Revenue Growth % | Annual Net Profit (Rs crore) | Annual Net Profit Growth % | EPS TTM | EPS TTM Growth % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Knack Packaging Ltd. | 208.3 | 2549.1 | 27.5 | 1.1 | 3 | 30.1 | 15.6 | 843.8 | 12.9 | 92.7 | 25.6 | 7.6 | 25.6 |
| Garware Hi-Tech Films Ltd. | 6973 | 16200 | 41.8 | 2.2 | 7.2 | 12.7 | 11.2 | 2185 | 1 | 338.2 | 2.1 | 166.9 | 19 |
| EPL Ltd. | 224.7 | 7198.1 | 18.5 | 2.2 | 1.5 | 13.6 | 7.9 | 4806.5 | 12.9 | 388.9 | 8.3 | 12.1 | 8.3 |
| AGI Greenpac Ltd. | 709.8 | 4592.2 | 12.7 | 3.1 | 1.7 | 14.6 | 9.9 | 2760.4 | 6 | 351.7 | 9.1 | 56 | 4.1 |
| Uflex Ltd. | 488.7 | 3529 | 11.1 | 0.1 | 0.2 | 3.9 | 1.4 | 15513 | 2.1 | 317.1 | 122.8 | 43.9 | 122.7 |
| Polyplex Corporation Ltd. | 1115.9 | 3503.1 | 77.9 | -1 | 0.5 | 1.1 | 0.5 | 7173.4 | 2.8 | 45 | -78.5 | 14.3 | -78.5 |
Knack Packaging INFORMATION ON IPO ISSUE
About Knack Packaging
Knack Packaging was incorporated on March 4, 2013. The company is a leading export-led packaging solutions provider, offering printed and laminated woven polypropylene bags for sectors like food and pet food. Their solutions enhance brand visibility, reduce counterfeiting, and improve operational efficiency
Object of the Issue
- Capital expenditure towards setting up a new manufacturing facility at Borisana ,situated at Kadi, Mehsana, Gujarat
- General corporate purposes
Knack Packaging - PROMOTERS
| Name |
|---|
| Alpesh Tulsibhai Patel |
| Pravinkumar Ambalal Patel |
| Rashminbhai Tulsibhai Patel |
Knack Packaging - MANAGEMENT & LEADERSHIP
| Name | Designation |
|---|---|
| Alpesh Tulsibhai Patel | Chairman & Managing Director |
| Pravinkumar Ambalal Patel | Whole-Time Director |
| Rashminbhai Tulsibhai Patel | Whole-Time Director |
| Rajnish Magan | Non-Executive & Independent Director |
| Vittaladevini S Balaji | Non-Executive & Independent Director |
| Deepti Sharma | Non-Executive & Independent Director |
Knack Packaging Book Running Lead Manager
Systematix Corporate Services Limited
knack@systematixgroup.in
IDBI Capital Markets & Securities Limited
knackpackaging.ipo@idbicapital.com
Pantomath Capital Advisors Private Limited
knack.ipo@pantomathgroup.com
Knack Packaging Registrar to the Offer
MUFG Intime India Private Limited
knackpackaging.ipo@in.mpms.mufg.com
Knack Packaging Strengths
Operational efficiency
The company follows a structured, tech-driven approach to manage supply chain, procurement, and production. Its proprietary solution, Knack Galaxy, enables real-time tracking and coordination across procurement, production, logistics, customers, teams, and suppliers
Custom packaging solutions
The company provides end-to-end packaging solutions, where customers specify the material and weight, and the in-house team develops bag designs matching branding and technical needs. They also support cylinder printing, ensuring artwork is adapted accurately for consistent print quality
Presence across Indian and global markets
The company operates across both domestic and international markets, enabling it to serve a wide range of customers across geographies and industries
Knack Packaging Risks
Dependent on sustainable packaging & innovation focus
The company's success depends on designing sustainable packaging that meets customer needs and market trends, with strong new product development being critical. They serve diverse industries—from food grains and spices to chemicals, cement, fertilisers, and pet food—requiring continuous innovation and regulatory compliance
Dependent on printing cylinders
Their business relies heavily on printing cylinders, with over 67,000 cylinders developed for 1,900+ customers and 12,000 SKUs, stored in a 92,065 sq. ft. facility. These are vital for delivering design services, ensuring brand consistency, and supporting long-term client relationships
Price competition
They rely on cost-efficient sourcing of raw and packing materials to keep products competitively priced. Lack of long-term supplier agreements may cause supply disruptions or price fluctuations, impacting business performance and profitability
IPO FAQs
This IPO consists of an offer for sale of up to Rs 59.5 crore, of 3,500,000 shares. It also consists of a fresh issue of Rs 380.0 crore.
The promoters of the company are Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel and Rashminbhai Tulsibhai Patel.
The category allocation of qualified institutional buyers is 50.0%, the category allocation of non individual investors or high networth individuals is 15.0% and for retail investors it is 35.0%.
The price band of the IPO is Rs 161.0 - 170.0.
The IPO application opens on Jul 01, 2026 and closes on Jul 03, 2026.
The minimum lot size for the IPO is 88. The maximum lot size for the IPO is 1144.
For all category investors, the minimum application amount for this IPO is Rs. 14,168.0, the maximum value for this IPO is Rs 194,480.0.
This IPO will be allotted on Jul 06, 2026.
The refund will be credited to your account on Jul 07, 2026.
The allotted shares will be credited to your demat on Jul 07, 2026.
Knack Packaging Ltd.’s shares listed on the stock exchanges on Jul 08, 2026.