
L-R:Dr. Ajay Kumar Dubey, Chief Financial Officer, Knack Packaging Limited
Mr. Rashminbhai Tulsibhai Patel, Whole-Time Director, Knack Packaging Limited
Mr. Alpesh Tulsibhai Patel, Chairman and Managing Director, Knack Packaging Limited
Mr. Pravinkumar Ambalal Patel, Whole-Time Director, Knack Packaging Limited..Photo By GPN/ MUMBAI – 25/06/26

Knack Packaging Limited IPO Announcement – GPN/ MUMBAI – 25/06/26

Knack Packaging Limited IPO Announcement – GPN/ MUMBAI – 25/06/26

Knack Packaging Limited IPO Announcement – GPN/ MUMBAI – 25/06/26
Price Band fixed at Rs 161 to Rs 170 per equity share of the face value of ₹10 each (“Equity Shares”) of Knack Packaging Limited (the “Company”)
- Anchor Investor Bid/Offer Date – Tuesday, June 30, 2026
- Bid /Offer Opening Date – Wednesday, July 01, 2026, and Bid/ Offer Closing Date – Friday, July 03, 2026
- Bids can be made for a minimum of 88 Equity Shares of the face value of Rs10 each and in multiples of 88 Equity Shares of the face value of Rs10 each thereafter
- RHP Link: https://knackpackaging.com/
INV/KnackPackagingLimited-RHP. pdf
MUMBAI, NATIONAL, JUNE 24, 2026 (GPN): Knack Packaging Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹10 each (“Equity Shares”) 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 Price Band of the Offer has been fixed from Rs 161 per Equity Share to Rs 170 per Equity Share of face value Rs 10/- each. A discount of Rs 16 per Equity Shares of face value Rs10 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 Rs3,800.00 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)
Incorporated in 2013, company is a manufacturer of bulk flexible packaging solutions, with effective installed capacity of 43,300 MT per annum (as of March 2026) of woven polypropylene (“WPP”) bags, PLWPP bags, PLWPP pinch bottom bags and others at its plants in Gujarat.. The company have been serving top brands under a B2B2C model. The Company hold approximately 10.1% of market share in the Indian market for flexible bulk PLWPP bags, including PLWPP pinch bottom bags in Fiscal 2025. (Source: Technopak Report). They are also one of the early movers in the manufacturing of Biaxially Oriented Poly Propylene (“BOPP”) / PLWPP bags, and the first company in India (and Asia) to provide laser cut and easy-open feature integrated into their PLWPP pinch bottom bags (Source: Technopak Report).Through in-house printing facility, company offer end-to-end design services to its clients, including artwork selection or creation and cylinder development. As of May 31, 2026, company possess 73,000+ cylinders developed for over 1,950+ customers and 13,379 SKUs, through which they serve as custodians of customers branding material, thereby fostering long-term customer retention. Company maintain a 92,065.47 sq. ft warehouse dedicated to cylinder storage. This service helps to maintain consistent print quality across products, which is essential for maintaining brand consistency for its customers.
The pan-India presence and export to 71 countries enables company to efficiently serve a diverse customer base, respond swiftly to market demands, and expand reach in both domestic and export segments.
Revenue from Operations grew from ₹ 6,545.59 million in Fiscal 2024 to ₹ 8,234.34 million in Fiscal 2026 at a CAGR of 12.16%, EBITDA margins expanded from 15.38% in Fiscal 2024 to 20.42% in Fiscal 2026.
Profit After Tax grew from ₹ 459.77 million in Fiscal 2024 to ₹ 927.24 million in Fiscal 2026 at a CAGR of 42.01%. Total quantity sold grew at a CAGR of 11.69% from 30,590.10 MT to 38,157.49 MT over the same period.
The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. This Offer is being made through the Book Building Process in accordance with Regulation 6(1) of the SEBI ICDR Regulations.
- QIB Portion: Not more than 50% of the net offer
- Non-Institutional Portion: Not less than 15% of the net offer
- Retail Portion: Not less than 35% of the net offer.
- Employee Reservation Portion: Up to [•] equity shares of face value of ₹10 each aggregating up to ₹ 20.00 million. 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”).
All potential Bidders (except Anchor Investors) are required to mandatorily use the Application Supported by Blocked Amount (“ASBA”) process providing details of their respective ASBA accounts, and UPI ID in case of UPI Bidders, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank(s) under the UPI Mechanism, as applicable, to the extent of the respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process. Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price, net of Employee Discount.
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.
KNACK PACKAGING LIMITED is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offering of its Equity Shares and filed the RHP with RoC and the Stock Exchanges on June 23, 2026.

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