IPO details · Updated
Knack Packaging Limited
- 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
- 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
Offer opens
1 Jul 2026
Offer closes
3 Jul 2026
Allotment
6 Jul 2026
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
| Category | Offered | Bids | Subscribed |
|---|---|---|---|
| QIB | 51,47,059 | 82,37,07,192 | 160.03x |
| NII | 38,60,295 | 56,57,92,040 | 146.57x |
| Retail | 90,07,353 | 18,95,00,872 | 21.04x |
| Employee | 1,29,870 | 12,77,936 | 9.84x |
| Total | 1,81,44,577 | 1,58,02,78,040 | 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
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail | 1 | 88 | ₹14,960 |
| Small HNI (S-HNI) | 14 | 1,232 | ₹2,09,440 |
| Big HNI (B-HNI) | 67 | 5,896 | ₹10,02,320 |
Financial Performance
Restated figures in ₹ crore, unless stated otherwise
| Period | Mar-26 | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|---|
| 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 & Surplus | 208.19 | 209.71 | 135.62 | 90.34 |
| Total Borrowing | 192.47 | 172.06 | 173.09 | 122.66 |
Key Performance Indicators
| Period | Mar-26 |
|---|---|
| RoNW (%) | 35.47 |
| EPS (₹) | 9.27 |
| P/E (pre-issue) | 18.33 |
Peer Comparison
Listed companies in the same business
| Company | P/E | ROE |
|---|---|---|
| Time Technoplast Ltd | 17.86 | 13.37% |
| Tcpl Packaging Ltd | 28.19 | 14.34% |
| Mold-tek Packaging Ltd | 31.83 | 10.98% |
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
Official Documents
Opens the source filing in a new tab
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