Knack Packaging Limited’s IPO to open on July 1
June 25, 2026
Ahmedabad: Knack Packaging Limited proposes to open an initial public offering of its equity shares with a face value of ₹10 each on Wednesday, July 01, 2026. The Bid/ Offer Closing Date is Friday, July 03, 2026. The Anchor Investor Bidding Date is one Working Day before the Bid/Offer Opening Date, being Tuesday, June 30, 2026, the company said today.
As per the company, the Price Band of the Offer has been fixed from ₹ 161 per Equity Share to ₹ 170 per Equity Share of face value Rs 10/- each. A discount of ₹16 per Equity Shares of face value ₹10 each is being offered to Eligible Employees bidding in Employee Reservation Portion (“Employee Discount”) Bids can be made for a minimum of 88 Equity Shares of face value ₹10 each and in multiples of 88 Equity Shares thereafter.
The Offer comprises a fresh issue of equity shares aggregating up to ₹3,800.00 million and an Offer for Sale of up to 3,500,000 Equity Shares by the Selling Shareholders, comprising up to 675,750 Equity Shares by Mr. Alpesh Tulsibhai Patel, up to 300,000 Equity Shares by Mr. Pravinkumar Ambalal Patel, and up to 675,750 Equity Shares by Mr. Rashminbhai Tulsibhai Patel (collectively, the “Promoter Selling Shareholders”), along with up to 1,561,000 Equity Shares collectively by the Promoter Group Selling Shareholders and Up to 287,500 Equity Shares by Other Selling Shareholder.
Knack Packaging Limited is one of the leading, integrated, innovation-oriented, export led and sustainable oriented packaging solutions provider, offering a diverse range of packaging solutions, including Printed and Laminated Woven Polypropylene (“PLWPP”) bags and PLWPP Pinch Bottom bags that are customized, high-strength packaging solutions for a wide range of sectors, including food products and pet foods. (Source: Technopak Report)
The Equity Shares of the Company are proposed to be listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) (BSE and NSE together, the Stock Exchanges). For the purposes of the Offer, the Designated Stock Exchange shall be NSE.
Systematix Corporate Services Limited, IDBI Capital Markets & Securities Limited and Pantomath Capital Advisors Private Limited are the Book Running Lead Managers (BRLMs) to the Offer.
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