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KP

Knack Packaging IPO

Listed MAINBOARD BSE, NSE · Packaging

Price Band

₹161.0–170.0

Issue Size

₹439.71 Cr

Lot Size

88 shares

Min Investment

₹14,960

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

+₹13.0 (7.65%)

Issue Price

₹170.0

Knack Packaging IPO AI Summary

  • Knack Packaging IPO is listed on BSE, NSE in the Packaging sector.
  • Price band: ₹161.0–₹170.0 per share, lot size 88 shares (min. investment ₹14,960).
  • Subscription window: 01 Jul–03 Jul 2026, listing on 08 Jul 2026.
  • Current GMP is +₹13.0 (7.65%), an estimated listing price of ₹183 — unofficial and can change daily.

Knack Packaging Limited is a key player in the packaging industry, focusing on innovative and sustainable solutions. With a robust growth trajectory in revenue and profit, the company is well-positioned in the market, making its IPO an interesting consideration for investors.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Wed, 01 Jul 2026
IPO Close Date
Fri, 03 Jul 2026
Allotment Date
Mon, 06 Jul 2026
Refund Initiation
Tue, 07 Jul 2026
Credit of Shares
Tue, 07 Jul 2026
Listing Date
Wed, 08 Jul 2026
Listing Price
₹183.0 +7.65%

Subscription Status

Overall Subscription

61.11x

🔥 Oversubscribed
Category Subscription Status
QIB (Institutional)
160.03x
160x 🔥
NII (HNI)
146.57x
147x 🔥
↳ bNII (>₹10L)
163.83x
164x 🔥
↳ sNII (<₹10L)
112.04x
112x 🔥
Retail (RII)
21.08x
21x ✓
Employee
9.84x
9.84x
Total 61.11x 61.11x

Auto-updated every 5 min · As of 3rd Jul 2026 18:56

Knack Packaging IPO Grey Market Premium (GMP) Today

GMP

+₹13.0

GMP %

+7.65%

Est. Listing

₹183.0

Updated: 14 Jul 2026 15:51

GMP Trend (Last 6 Days)

Day-wise GMP Trend 6 Days

GMP Date IPO Price GMP Est. Listing Price
(Cap Price + GMP)
Est. Profit* Last Updated
07-07-2026 ₹170.0 ₹15.5 ₹185.5 (+9.12%) ₹1,364 07-Jul-2026 12:30
06-07-2026 ₹170.0 ₹16.0 ₹186.0 (+9.41%) ₹1,408 06-Jul-2026 12:30
05-07-2026 ₹170.0 ₹20.0 ₹190.0 (+11.76%) ₹1,760 05-Jul-2026 12:30
04-07-2026 ₹170.0 ₹26.5 ₹196.5 (+15.59%) ₹2,332 04-Jul-2026 12:30
03-07-2026 ₹170.0 ₹33.0 ₹203.0 (+19.41%) ₹2,904 03-Jul-2026 12:30
02-07-2026 ₹170.0 ₹26.0 ₹196.0 (+15.29%) ₹2,288 02-Jul-2026 12:30

* Estimated Profit/Loss per lot. GMP × Market Lot.

IPO Live GMP

About the Company

Knack Packaging Limited, established in 2013, is a leading provider of integrated packaging solutions with a strong emphasis on product innovation, sustainability, and export-driven growth. The company specializes in manufacturing high-performance packaging products designed to meet the diverse requirements of industries worldwide. The company’s product portfolio includes Printed and Laminated Woven Polypropylene (PLWPP) bags, such as pinch-bottom bags, gusseted bags, block-bottom bags, and retail shopping bags. These packaging solutions are widely used across sectors including food processing, pet food, agriculture, fertilizers, construction materials, detergents, cement, chemicals, and minerals, among others. Knack Packaging’s products are designed to strengthen brand identity, enhance product protection, minimize counterfeiting risks, and improve supply chain efficiency. During Fiscal 2025, the company accounted for approximately 10.1% of the Indian flexible bulk PLWPP bag market, reflecting its strong industry presence. The company serves a broad customer base comprising prominent domestic and international organizations. Its Indian clientele includes leading companies such as Baba Agro Food Limited, Drools Pet Food Private Limited, Ebro India Private Limited, KRBL Limited, and DCM Shriram Limited. Globally, it caters to customers across 68 countries, including well-known brands such as Cargill, Cristo S.A., and Repi Soap and Detergent PLC. Export operations form a significant part of the business, with the United States, Mexico, and South Africa contributing nearly 58.44% of total export revenue. To ensure superior quality and customization, the company operates an in-house printing facility that provides end-to-end design support and cylinder development capabilities. As of July 31, 2025, Knack Packaging had developed more than 67,000 cylinders, managed over 12,000 SKUs, and operated a warehouse facility spanning approximately 92,065 square feet. This integrated infrastructure enables the company to efficiently serve a global customer base of more than 1,900 clients while maintaining consistent product quality and timely deliveries.

Company Financials (₹ Cr)

As of 2026-03-31

Period Ended 31 Mar 2026 31 Mar 2025 31 Mar 2024 31 Mar 2023
Assets 595.25 449.36 379.38 269.33
Total Income 843.77 747.38 659.01 518.47
Profit After Tax 92.72 73.81 45.98 19.87
EBITDA 172.29 144.34 101.37 54.84
NET Worth 308.19 214.71 140.62 95.34
Reserves and Surplus 208.19 209.71 135.62 90.34
Total Borrowing 192.47 172.06 173.09 122.66

Key Ratios

EPS

₹9.27

NAV

₹30.82

ROE

35.75%

ROCE

46.71%

RoNW

35.47%

P/B Value

5.52

P/E Ratio

18.33

PAT Margin

10.99%

Debt/Equity

0.62

Promoters

Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel and Rashminbhai Tulsibhai Patel

Objects of the Issue

The Company proposes to utilise the Net Proceeds from the Issue towards the following objects: # Issue Objects Est Amt (₹ Cr.) 1 Partial funding of capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. 320.00 2 General Corporate Purposes 31.15 3 Issue Expenses 33.37 Total 384.52

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total income increased from ₹518.47 Cr in the year ending 31 Mar 2023 to ₹659.01 Cr by 31 Mar 2024, further rising to ₹747.38 Cr in 31 Mar 2025, and reaching ₹843.77 Cr by 31 Mar 2026. This indicates a consistent upward trend in revenue over the periods analyzed.

Profit Trend

Profit After Tax grew from ₹19.87 Cr in the year ending 31 Mar 2023 to ₹45.98 Cr by 31 Mar 2024, then increased to ₹73.81 Cr in 31 Mar 2025, and finally reached ₹92.72 Cr by 31 Mar 2026. This demonstrates a strong growth trajectory in profitability over the analyzed periods.

Grey Market Premium, Explained

The Grey Market Premium (GMP) is an indicator of the expected listing price of an IPO. It reflects the price at which shares are being traded in the unofficial market before the official listing. A positive GMP suggests that the market anticipates a higher listing price than the issue price.

Subscription Demand

As of 3rd July 2026, the IPO was subscribed 61.11 times overall, with significant interest from various categories: QIBs subscribed 160.03 times, NIIs 146.57 times, and Retail investors 21.08 times. This level of subscription indicates strong demand for the shares.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's growth potential and market position.

Who May Want to Wait

Investors who prefer stable returns and are risk-averse may want to avoid IPOs, as they can be subject to significant price fluctuations in the early trading days.

IPO Timeline, Explained

The IPO process includes several key dates: the issue opens on 1st July 2026 and closes on 3rd July 2026. Allotment of shares will be finalized by 6th July 2026, with the listing date set for 8th July 2026.

Listing Gains — The Risk

Listing-day gains can be unpredictable. While some IPOs may experience a surge in price on their first day of trading, others may not. Factors influencing listing performance include market conditions, investor sentiment, and the company's fundamentals.

This evaluation is generated from Knack Packaging's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is Knack Packaging IPO GMP today?

Knack Packaging IPO GMP today is +₹13.0 (7.65%), indicating an estimated listing price of ₹183. GMP is an unofficial grey-market indicator and can change daily.

What is the price band of Knack Packaging IPO?

The price band of Knack Packaging IPO is ₹161.0–₹170.0 per share.

When does Knack Packaging IPO open and close?

Knack Packaging IPO opens on 01 July 2026 and closes on 03 July 2026.

When does Knack Packaging IPO list on the stock exchange?

Knack Packaging IPO listed on 08 July 2026 at ₹183.0.

What is the lot size for Knack Packaging IPO?

The lot size for Knack Packaging IPO is 88 shares, requiring a minimum investment of ₹14,960.

What is the price band for the Knack Packaging IPO?

The price band for the Knack Packaging IPO is ₹161.0 to ₹170.0.

What is the minimum investment required?

The minimum investment required is ₹14,960.0.

What is the lot size for this IPO?

The lot size for the Knack Packaging IPO is 88 shares.

When is the listing date for the IPO?

The listing date for the IPO is 8th July 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected listing price of the shares based on unofficial trading.

Issue Details

Issue Type MAINBOARD Book Built
Issue Size ₹439.71 Cr
Price Band ₹161.0 – ₹170.0
Issue Price ₹170.0
Lot Size 88 shares
Min Investment ₹14,960
Exchange BSE, NSE
Sector Packaging
Open Date 01 Jul 2026
Close Date 03 Jul 2026
Allotment 06 Jul 2026
Listing Date 08 Jul 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

MUFG Intime India Pvt.Ltd.

Anchor Investors

₹70.0 Cr

Total allocated

Anchor allocation date: 23 Jun 2026

S

SBI Mutual Fund

₹22.4 Cr 32.0%
H

HDFC Mutual Fund

₹18.2 Cr 26.0%
A

Axis Mutual Fund

₹14.0 Cr 20.0%
N

Nippon India MF

₹9.8 Cr 14.0%
I

IDFC First MF

₹5.6 Cr 8.0%

⚠️ Lock-in: 50% of anchor shares unlock 30 days after listing. Watch for selling pressure around that date.

Lead Managers / Book Running

IDBI Capital Markets & Securities Ltd.
Systematix Corporate Services Ltd.
Pantomath Capital Advisors Pvt.Ltd.

IPO Timeline

Open

01 Jul 2026

Close

03 Jul 2026

Allotment

06 Jul 2026

Listing

08 Jul 2026

Community Sentiment

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