Knack Packaging IPO
Bookbuilding IPO | ₹439.00 Cr | Listing at BSE, NSE
Closed
IPO Open
Wed, Jul 01, 2026
IPO Close
Fri, Jul 03, 2026
Price Band
₹161.00 to ₹170.00
Market Cap (Pre-IPO)
-
IPO Details
| IPO Date | Jul 01, 2026 to Jul 03, 2026 |
| Listing Date | Tentative: Jul 08, 2026 |
| Face Value | ₹10.00 per share |
| Price Band | ₹161.00 to ₹170.00 |
| Lot Size | 88 Shares (Minimum: ₹14,960.00) |
| Sale Type | Offer For Sale + Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Issue Size | ₹439.00 Crores |
| Total Shares Offered | 25,852,941 shares |
| Fresh Issue | 22,352,941 shares |
| Offer For Sale | 3,500,000 shares |
Knack Packaging IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Offer |
| Retail Shares Offered | Not less than 35% of the Net Offer |
| NII Shares Offered | Not less than 15% of the Net Offer |
Knack Packaging IPO Lot Size
Investors can bid for a minimum of 88 shares and in multiples thereof.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 88 | ₹14,960 |
| Retail (Max) | 13 | 1,144 | ₹194,480 |
| S-HNI (Min) | 14 | 1,232 | ₹209,440 |
| S-HNI (Max) | 66 | 5,808 | ₹987,360 |
| B-HNI (Min) | 67 | 5,896 | ₹1,002,320 |
Knack Packaging Financial Information (Restated Consolidated)
Knack Packaging Ltd.'s revenue increased by 13% and profit after tax (PAT) rose by 26% between the financial year ending with March 31, 2026 and March 31, 2025.
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 595.25 | 449.36 | 379.38 | 269.33 |
| Total Income | 843.77 | 747.38 | 659.01 | 518.47 |
| Profit After Tax | 92.72 | 73.81 | 45.98 | 19.87 |
| EBITDA | 172.29 | 144.34 | 101.37 | 54.84 |
| NET Worth | 308.19 | 214.71 | 140.62 | 95.34 |
| Reserves and Surplus | 208.19 | 209.71 | 135.62 | 90.34 |
| Total Borrowing | 192.47 | 172.06 | 173.09 | 122.66 |
Amount in ₹ Cr
Key Performance Indicators
As of Tuesday, March 31, 2026| KPI | Values |
|---|---|
| ROE (Return on Equity) | 35.75% |
| ROCE (Return on Capital Employed) | 46.71% |
| Debt/Equity | 0.62 |
| RoNW (Return on Net Worth) | 35.47% |
| PAT Margin (Profit After Tax Margin) | 10.99% |
| EBITDA Margin | 20.42% |
| Price to Book Value | 5.52 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 9.27 | - |
| P/E (x) | 18.33 | - |
| Promoter Holding | 89.60% | 70.59% |
Company Promoters
- Alpesh Tulsibhai Patel
- Pravinkumar Ambalal Patel
- and Rashminbhai Tulsibhai Patel.
Company Overview
Knack Packaging Ltd. – Company Overview
- Knack Packaging Ltd. is an integrated packaging solutions provider specializing in innovative and sustainable packaging products with a strong export presence.
- The company manufactures Printed and Laminated Woven Polypropylene (PLWPP) bags, including pinch bottom bags, gusset bags, block bottom bags, and retail shopping bags.
- Its packaging solutions are widely used across industries such as food, pet food, agriculture, fertilizers, building materials, detergents, cement, chemicals, and minerals.
- The company's products help customers improve brand visibility, product protection, operational efficiency, and counterfeiting prevention.
- In Fiscal 2025, Knack Packaging held approximately 10.1% market share in the Indian flexible bulk PLWPP bag market.
- The company serves leading domestic and international customers and exports its products to 68 countries, with major export markets including the United States, Mexico, and South Africa.
- It operates an in-house printing facility that provides end-to-end design, printing, and cylinder development services.
- As of May 31, 2026, the company had developed 73,000+ printing cylinders, managed 13,379 SKUs, and operated a 92,065.47 sq. ft. warehouse, serving more than 1,950 customers globally.
- As of Fiscal 2026, the company had a workforce of 1,834 employees, including contractual workers.
Company Strengths
- Focus on operational efficiency through integrated and digitised processes
- Capability to deliver complex product design with accuracy
- Customer-centric custom packaging solutions
- Presence across Indian and global market catering to various industries
- Experienced and skilled management and Board of Directors
Use of Proceeds
| 1) | Partial funding of capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. | 320.00 |
| 2) | General Corporate Purposes | |
| Total | 320.00 |
Objectives
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
Knack Packaging IPO Peer Comparison
Knack Packaging peer comparison with similar listed entities. (As on March 31, 2026)| Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
|---|---|---|---|---|---|---|---|
| Knack Packaging | 9.27 | 9.27 | 30.82 | - | 35.47 | - | Consolidated |
| Time Technoplast Ltd | 9.99 | 9.99 | 84.40 | 17.86 | 13.37 | 13.37 | Consolidated |
| Tcpl Packaging Ltd | 107.47 | 107.47 | 791.28 | 28.19 | 14.34 | 0.23 | Consolidated |
| Mold-tek Packaging Ltd | 21.93 | 21.93 | 207.57 | 31.83 | 10.98 | 3.37 | Consolidated |
Quick Info
| Sector | Industrial Packaging and Manufacturing (Plastic Products) |
| Exchange | BSE, NSE |
Important Dates
| IPO Open | Jul 01, 2026 |
| IPO Close | Jul 03, 2026 |
| Allotment Date | Jul 06, 2026 |
| Credit to Demat | Jul 07, 2026 |
| Listing Date | Tentative: Jul 08, 2026 |
Lead Manager(s)
Systematix Corporate Services Ltd.
Registrar
Description
- IPO Type: Book build issue aggregating to ₹439.50 crores.
- Issue Structure: A combination of fresh issue of 2.24 crore shares aggregating to ₹380.00 crores and offer for sale of 0.35 crore shares aggregating to ₹59.50 crores.
- IPO Dates: The issue opens on July 1, 2026 and closes on July 3, 2026.
- Allotment Date: The allotment is expected to be finalized on July 6, 2026.
- Listing Details: The shares are proposed to be listed on both National Stock Exchange of India and BSE Limited on July 8, 2026.
- Retail Investment Requirement: Minimum 1 lot (88 shares) amounting to approximately ₹14,960 (at the upper price band).
- sNII Investment Requirement: Minimum 14 lots (1,232 shares) amounting to approximately ₹2,09,440.
- bNII Investment Requirement: Minimum 67 lots (5,896 shares) amounting to approximately ₹10,02,320.
- Issue Price Band: ₹161 to ₹170 per equity share.
- Lot Size: 88 shares per lot.
This IPO offers investors an opportunity to participate in the packaging industry through a combination of a fresh issue of shares and an offer for sale by existing shareholders.