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Knack Packaging IPO

Knack Packaging is one of the leading manufacturers of printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags. It is an innovative packaging solutions provider that makes customised and high-strength PLWPP bags. Its products are useful to a wide range of industries, including food, pet food, agriculture, chemicals, fertilisers, building materials, and other industrial applications.

IPO GMP

+₹9

+5.29% expected gain

Price Band

₹161 - ₹170

Lot Size

88 shares

Min Investment

₹14,960

Listing Date

July 8, 2026

About Knack Packaging

Company overview, business, and key facts.

Knack Packaging is one of the leading manufacturers of printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags. It is an innovative packaging solutions provider that makes customised and high-strength PLWPP bags. Its products are useful to a wide range of industries, including food, pet food, agriculture, chemicals, fertilisers, building materials, and other industrial applications.

The company manufactures packaging products all under one roof, from raw materials to finished goods, enabling it to make products with better quality and lower costs. Its manufacturing facility is situated in Gujarat, covering 1.12 million sq. ft with a capacity of 36,400 MTPA. Moreover, Knack Packaging has also maintained strong relationships with well-known domestic and international brands such as Cargill, KRBL, Drools, and Ebro Foods.

Headquarters

Ahmedabad, Gujarat

Promoters

Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, Rashminbhai Tulsibhai Patel

Website

http://www.knackpackaging.com/

IPO Details

Issue TypeBook Building Issue
Face Value₹10
Price Band₹161 - ₹170
Lot Size88 shares
Total Issue Size₹439.50 Cr, 2,58,52,941 Equity Shares
Fresh Issue₹380 Cr, 2,23,52,941 Equity Shares
Offer for SaleApprox 35,00,000 Equity Shares
Listing AtBSE, NSE

Subscription Status

How many times each investor category has bid for the issue.

Qualified Institutional (QIB)154.34x
Non-Institutional (NII)139.61x
Retail Individual (RII)19.56x
Total Subscription83.04x

Strengths & Risks

Strengths

  • Integrated and digitized manufacturing process: The organization emphasizes efficient operation through integration of manufacturing processes, providing scope for quality assurance and proper implementation.
  • Ability to produce highly complicated packaging designs: The organization is technologically advanced and is able to manufacture customized packages due to its strong technological capacity.
  • Customer oriented packaging: The organization is able to provide customized packaging by interacting with customers.

Risks

  • Concentration risks related to suppliers: The organization relies on its major suppliers for sourcing raw materials, but lacks long term contracts with them, creating a threat of disruption in supply chain.
  • Concentration risks relating to customers: A considerable percentage of the revenues of the organization comes from existing and major customers, loss of whom will affect performance.
  • Concentration risks pertaining to manufacturing plants: All the manufacturing plants are located at one place that is Gujarat.

Financials

Restated summary financials for the most recent periods.

PeriodRevenueProfitAssets
2024₹659.01₹45.98₹379.38
2025₹747.38₹73.81₹449.36
2026₹843.77₹92.72₹595.25

Figures are indicative and restated for presentation.

Knack Packaging IPO Key Numbers

Calculated by IPOLyst from the published offer-document data. These are figures, not buy or sell calls.

Revenue growth, 2026

+12.9%

13.2% a year over the period

Profit growth, 2026

+25.6%

42% a year over the period

Profit margin (PAT)

11%

EBITDA margin 20.42%

ROE / ROCE

35.75% / 46.71%

As published in the offer document

Debt to equity

0.62

GMP-implied gain per lot

₹792

88 shares on ₹14,960. GMP is unofficial.

What stands out

  • Profit grew 25.6% in 2026.

Watch-outs

  • 1 use-of-proceeds item(s) have no disclosed amount.
  • GMP has fallen 43.7% from its peak of ₹16 to ₹9.
Listing price scenarios
If the current GMP holds₹179.00+5.3%
If the grey market premium disappears₹170.000%

Scenarios apply today's grey market premium figures to the upper price band. They are illustrations, not predictions. GMP is unofficial and can be wrong.

Not yet available for this IPO: issue size, post-IPO share count (market cap and P/E not computable).

IPO Analysis SummaryAI-generated

A plain-language review of Knack Packaging's financials, valuation and demand, based only on the verified figures above. For information only. It does not recommend whether to apply.

Knack Packaging IPO Review

Analysis based on live GMP, subscription, and issue details.

As of today, Knack Packaging IPO is trading at a grey market premium (GMP) of +₹9 (+5.29% estimated listing gain), indicating positive market sentiment.

The IPO has been subscribed 83.04x overall — QIB: 154.34x, NII: 139.61x, Retail: 19.56x.

Knack Packaging IPO subscription has closed. The shares are expected to list on July 8, 2026.

The minimum investment required is ₹14,960 for 88 shares (1 lot). Retail investors can apply at cut-off price for the best chance of allotment.

Key strengths include: Integrated and digitized manufacturing process: The organization emphasizes efficient operation through integration of manufacturing processes, providing scope for quality assurance and proper implementation.; Ability to produce highly complicated packaging designs: The organization is technologically advanced and is able to manufacture customized packages due to its strong technological capacity.. Investors should note the following risks: Concentration risks related to suppliers: The organization relies on its major suppliers for sourcing raw materials, but lacks long term contracts with them, creating a threat of disruption in supply chain.; Concentration risks relating to customers: A considerable percentage of the revenues of the organization comes from existing and major customers, loss of whom will affect performance..

Disclaimer: IPO GMP is indicative and sourced from the grey market. This is not investment advice. Please consult a SEBI-registered advisor before investing.

Knack Packaging IPO — Frequently Asked Questions

What is Knack Packaging IPO GMP today?

Knack Packaging IPO GMP (grey market premium) today is +₹9, suggesting an estimated listing gain of +5.29%. GMP is indicative and subject to change.

What is the price band of Knack Packaging IPO?

The price band for Knack Packaging IPO is ₹161 - ₹170 with a lot size of 88 shares. The minimum investment required is ₹14,960.

When is Knack Packaging IPO allotment date?

Knack Packaging IPO allotment is expected to be finalised on July 6, 2026. You can check your allotment status on the registrar's website (MUFG Intime India Pvt. Ltd.) using your PAN number.

When will Knack Packaging IPO list on NSE/BSE?

Knack Packaging IPO is expected to list on BSE, NSE on July 8, 2026.

How to check Knack Packaging IPO allotment status?

To check Knack Packaging IPO allotment status, visit the registrar's website (MUFG Intime India Pvt. Ltd.) and enter your PAN number, application number, or DP/Client ID. You can also check on the BSE IPO allotment page at https://www.bseindia.com/investors/appli_check.aspx.

Should I apply for Knack Packaging IPO?

Knack Packaging IPO has a GMP of +₹9. Before applying, review the company's financials, business model, issue structure (OFS vs fresh issue), and sector outlook. IPOLyst is not a SEBI-registered investment advisor — please consult a qualified financial advisor before investing.

What is the lot size of Knack Packaging IPO?

The lot size for Knack Packaging IPO is 88 shares per lot. The minimum investment for retail investors is ₹14,960. Retail investors can apply for a maximum of 13 lots or up to ₹2 lakh, whichever is lower.

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