Knack Packaging Limited has announced that its Initial Public Offering (IPO) will open for subscription on Wednesday, July 1, 2026, with a price band of ₹161 to ₹170 per equity share. The issue will close on Friday, July 3, 2026, while the anchor investor bidding is scheduled for **Tuesday, June 30, 2026.
The IPO comprises a fresh issue of equity shares aggregating up to ₹3,800 crore and an Offer for Sale (OFS) of up to 3.5 million equity shares by existing shareholders. Investors can bid for a minimum of 88 equity shares and in multiples thereof. Eligible employees will receive a discount of ₹16 per share under the employee reservation portion.
Established in 2013, Knack Packaging is one of India’s leading integrated manufacturers of flexible bulk packaging solutions, serving sectors such as food, pet food and industrial applications. The company manufactures woven polypropylene (WPP) bags, printed and laminated woven polypropylene (PLWPP) bags and pinch-bottom bags through facilities in Gujarat with an installed capacity of 43,300 MT per annum.
Knack Packaging serves customers across India and exports to 71 countries. It has developed over 73,000 printing cylinders for more than 1,950 customers, enabling consistent brand identity and long-term customer relationships. The company is also among the early manufacturers of BOPP/PLWPP bags in India and pioneered laser-cut easy-open technology for pinch-bottom bags.
Financially, the company reported revenue from operations of ₹8,234.34 million in FY26, up from ₹6,545.59 million in FY24, while profit after tax nearly doubled to ₹927.24 million during the same period. EBITDA margins improved from 15.38% to 20.42%, reflecting operational efficiency and business scale.
The equity shares are proposed to be listed on the NSE and BSE, with NSE serving as the designated stock exchange. Systematix Corporate Services Limited, IDBI Capital Markets & Securities Limited and Pantomath Capital Advisors Private Limited are the Book Running Lead Managers to the issue.
