- Issue price
- ₹170per share
- Issue size
- ₹439.5 Cr2,58,65,164 shares
- Face value
- ₹10per equity share
- Lot size
- 88 sharesMin. ₹14,960 at the upper price
- Anchor biddingTue, 2026
- OpensWed, 2026
- ClosesFri, 2026
- AllotmentMon, 2026
- ListingWed, 2026
Dates marked in the offer document as tentative. Times in IST.
Information only, not investment advice. This page provides information compiled from official offer documents for information purposes only. It is not investment advice or a recommendation to apply for, buy or sell any security. We are not a SEBI-registered investment adviser or research analyst. Investments in IPOs are subject to market risks; read the offer document carefully before investing.
Issue details
- Issue type
- Book built, fresh issue and offer for sale
- Fresh issue
- 2,23,65,164 shares (₹380 Cr)
- Offer for sale
- 35,00,000 shares (₹59.5 Cr)
- Total issue
- 2,58,65,164 shares (₹439.5 Cr)
- Face value
- ₹10
- Listing at
- BSE, NSE
Source: ProspectusUpdated
Reservation
Share of the total issue- Retail34.8%
- Anchor29.8%
- QIB ex-anchor19.9%
- NII14.9%
- Employees0.5%
| Category | Shares | Of net offer | Stated in RHP |
|---|---|---|---|
| Retail individual investors | 90,07,353 | 34.82% | 35% |
| Non-institutional investors (NII) | 38,60,295 | 14.92% | 15% |
| Qualified institutional buyers (QIB) | 1,28,67,646 | 49.75% | 50% |
| QIB, excluding anchor | 51,47,059 | 19.90% | — |
| Anchor investors | 77,20,587 | 29.85% | — |
| Employees | 1,29,870 | 0.50% | — |
Source: ProspectusUpdated
Lot size
Amounts at ₹170 per share| Category | Lots | Shares | Amount |
|---|---|---|---|
| Employees | 1 | 88 | ₹14,960 |
| Retail individual investors | 1 | 88 | ₹14,960 |
Source: ProspectusUpdated
Special quotas
- Employees
- ₹16 discount per share
Source: ProspectusUpdated
Subscription
Category-wise subscription is published by the exchanges while the issue is open. It appears here once the figures are added.
Valuation
FY 2026, pre-issue- EPS (basic)
- ₹9.27
- EPS (diluted)
- ₹9.27
- P/E (FY 2026 at lower end of price band (161))
- 17.37×
- P/E (FY 2026 at higher end of price band (170))
- 18.34×
- RoNW
- 35.47%
- ROCE
- 46.71%
- NAV per share (As on March 31, 2026)
- ₹30.82
- NAV per share (After the Offer at Offer Price)
- ₹56.24
- Debt to equity
- 0.62
- EBITDA margin
- 20.42%
- PAT margin
- 10.99%
Source: ProspectusUpdated
Financials
Consolidated, restated · ₹ crore| Period ended | 31 Mar 2026FY 2026 | 31 Mar 2025FY 2025 | 31 Mar 2024FY 2024 |
|---|---|---|---|
| Revenue from operations | 823.43 | 736.49 | 654.56 |
| Total income | 843.77 | 747.38 | 659.01 |
| EBITDA | 172.29 | 144.34 | 101.37 |
| Profit after tax | 92.72 | 73.81 | 45.98 |
| Net worth | 308.19 | 214.71 | 140.62 |
| Reserves and surplus | 208.19 | 209.71 | 135.62 |
| Total assets | 595.25 | 449.36 | 379.38 |
| Total borrowing | 192.47 | — | — |
FY 2026 vs FY 2025: revenue +11.8%, profit after tax +25.6%.
Source: ProspectusUpdated
About the company
The company makes printed and laminated woven polypropylene bags, including pinch bottom bags, for food, pet food, agriculture, chemicals and building materials. It runs integrated manufacturing from polymer processing to finished bags across several Gujarat units and exports to many countries.
- Incorporated
- 2013
- Industry
- Packaging
- CIN
- U25200GJ2013PLC073847
- Website
- knackpackaging.com
Source: ProspectusUpdated
Promoters and shareholders
| Name | Type | Before issue | After issue | Shares offered |
|---|---|---|---|---|
| Shitalben Kamlesh Patel | Other | 5.40% | — | 2,87,500 |
| Rashminbhai Tulsibhai Patel | Promoter | 22.69% | — | 6,75,750 |
| Alpesh Tulsibhai Patel | Promoter | 21.03% | — | 6,75,750 |
| Pravinkumar Ambalal Patel | Promoter | 11.20% | — | 3,00,000 |
| Tulsibhai Keshavlal Patel | Promoter group | 6.80% | — | 3,62,000 |
| Patel Kamlesh Ambalal | Promoter group | 6.30% | — | 3,07,500 |
| Patel Jay Pravinkumar | Promoter group | 4.00% | — | 1,70,000 |
| Shital Alpesh Patel | Promoter group | 3.96% | — | 2,98,250 |
| Divyaben Rashminkumar Patel | Promoter group | 3.96% | — | 2,98,250 |
| Dharmisthaben Pravinbhai Patel | Promoter group | 1.00% | — | 1,25,000 |
Source: ProspectusUpdated
Objects of the issue
₹ crore| Purpose | Amount |
|---|---|
| Partial funding of capex for a new manufacturing facility at Borisana, Kadi, Mehsana, Gujarat | 320.00 |
| General corporate purposes | 31.15 |
Source: ProspectusUpdated
Peer comparison
As listed in the offer document| Company | EPS | P/E | RoNW | NAV per share |
|---|---|---|---|---|
| Knack Packaging LimitedIssuer | ₹9.27 | 18.34× | 35.47% | ₹30.82 |
| Time Technoplast Limited | ₹9.99 | 18.39× | 13.37% | ₹84.4 |
| TCPL Packaging Limited | ₹107.47 | 27.70× | 14.34% | ₹791.28 |
| Mold-tek Packaging Limited | ₹21.93 | 32.49× | 10.98% | ₹207.57 |
Source: ProspectusUpdated
Strengths and risks
Our summary of what the offer document statesStrengths
- Vertically integrated production, from polymer processing through tapes, fabric, printing and lamination to finished bags.
- In-house printing with a large library of customer cylinders supports brand consistency and repeat business.
- Exports to many countries, with recognition from export bodies and several quality and sustainability certifications.
- Proprietary digital system tracks procurement, production, dispatch and logistics in real time.
- Reported high EBITDA and return ratios compared with listed peers, as per the document.
Risks
- Heavy reliance on top suppliers that are bought from on spot or short-term terms, with no long-term contracts.
- A significant share of revenue comes from a few customers without contractual arrangements.
- The growth plan depends on the new Borisana facility being built on time and within budget; the project cost has already changed.
- Project funding requirements have not been appraised by any bank or financial institution.
- No formal market exists for the shares before this issue, so the post-listing price and liquidity are uncertain.
Source: ProspectusUpdated
Documents
Contacts
Source: ProspectusUpdated
Allotment status
Check whether shares were allotted on the official pages below, using your PAN, application number or DP/client ID. Results appear once the basis of allotment is finalised.
- Allotment
- Refunds
- Demat credit
- Listing
Source: ProspectusUpdated
After listing
Listing price, day-one high and low, and the change from the issue price (₹170) appear here after the shares list on BSE and NSE.
Work out the gain or loss on allotted shares after charges and tax →
Frequently asked questions
When does the Knack Packaging IPO open and close?
According to the Prospectus, the issue opens on Wednesday, 1 July 2026 and closes on Friday, 3 July 2026.
What is the Knack Packaging IPO price band?
The final issue price is ₹170 per share.
What is the lot size of the Knack Packaging IPO?
One lot is 88 shares, which is ₹14,960 at ₹170 per share.
Where will Knack Packaging shares list?
On BSE and NSE. The tentative listing date is Wednesday, 8 July 2026.
Who is the registrar of the issue?
MUFG Intime India Private Limited (SEBI registration INR000004058). Allotment status is checked on the registrar's website.
How do I check the Knack Packaging IPO allotment status?
The basis of allotment is expected to be finalised on Monday, 6 July 2026. After that, search by PAN, application number or DP/client ID on the registrar's website (MUFG Intime India Private Limited), the BSE website or the NSE website. Shares that are allotted are credited to your demat account; for an application that is not allotted, the blocked amount is released.
How will the money raised be used?
₹320 Cr for partial funding of capex for a new manufacturing facility at Borisana, Kadi, Mehsana, Gujarat, ₹31.15 Cr for general corporate purposes.
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Spotted something wrong?
Our data comes from official offer documents, but mistakes can slip through. Report an error and tell us which figure looks wrong and where you saw the correct one (the offer-document page number helps). For anything else, see Contact.