HomeBusiness/FinanceKnack Packaging Sets IPO Price Band at ₹161-170; Issue to Open on...

Knack Packaging Sets IPO Price Band at ₹161-170; Issue to Open on July 1

Knack Packaging Limited has announced the price band for its Initial Public Offering (IPO), with the issue set to open for subscription on Wednesday, July 1, 2026. The company has fixed the price band at ₹161 to ₹170 per equity share with a face value of ₹10 each. The IPO will close on Friday, July 3, 2026, while anchor investor bidding will take place on June 30, 2026.

Investors can bid for a minimum lot size of 88 equity shares and in multiples thereafter. The IPO comprises a fresh issue of equity shares aggregating up to ₹3,800 million along with an offer for sale of up to 3.5 million equity shares by existing shareholders.

Knack Packaging, incorporated in 2013, is an integrated packaging solutions provider offering products such as Printed and Laminated Woven Polypropylene (PLWPP) bags, PLWPP pinch bottom bags and other customized packaging solutions. The company caters to sectors including food products and pet foods.

The company has an installed capacity of 43,300 metric tonnes per annum as of March 2026 and serves customers across India and international markets, exporting to 71 countries. Knack Packaging has developed more than 73,000 cylinders for over 1,950 customers, supporting its customized printing capabilities.

The company reported revenue growth from ₹6,545.59 million in FY2024 to ₹8,234.34 million in FY2026, while profit after tax increased to ₹927.24 million. The equity shares are proposed to be listed on BSE and NSE.

RELATED ARTICLES
India
overcast clouds
27.4 ° C
27.4 °
27.4 °
68 %
6.8kmh
100 %
Wed
27 °
Thu
27 °
Fri
33 °
Sat
33 °
Sun
33 °

Most Popular