Mumbai: The Knack Packaging IPO will open for subscription on Wednesday, July 1, 2026, with the company fixing a price band of ₹161 to ₹170 per equity share.
The initial public offering (IPO) of Knack Packaging Limited will close on Friday, July 3, 2026, while the anchor investor bidding date has been scheduled for Tuesday, June 30, 2026.
The Knack Packaging IPO comprises a fresh issue of equity shares aggregating up to ₹3,800 million and an Offer for Sale (OFS) of up to 3.5 million equity shares by existing shareholders.
Bids under the Knack Packaging IPO can be made for a minimum of 88 equity shares and in multiples of 88 equity shares thereafter.
Eligible employees participating in the Employee Reservation Portion will receive a discount of ₹16 per equity share.
The Offer for Sale includes up to 675,750 equity shares by Alpesh Tulsibhai Patel, up to 300,000 equity shares by Pravinkumar Ambalal Patel, and up to 675,750 equity shares by Rashminbhai Tulsibhai Patel, collectively referred to as the Promoter Selling Shareholders.
Knack Packaging IPO: Offer also includes up to 1,561,000 equity shares by Promoter Group Selling Shareholders and up to 287,500 equity shares by another selling shareholder.
Knack Packaging Limited is among the leading integrated, innovation-driven, export-led and sustainability-oriented packaging solutions providers in India.
The company offers a diverse portfolio of packaging products, including Printed and Laminated Woven Polypropylene (PLWPP) bags and PLWPP pinch bottom bags, catering to sectors such as food products and pet foods, according to the Technopak Report.
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Knack Packaging IPO: Company Among Early Manufacturers of BOPP/PLWPP Bags
Incorporated in 2013, the company manufactures bulk flexible packaging solutions with an installed production capacity of 43,300 metric tonnes per annum as of March 2026.
Its manufacturing facilities are located in Gujarat and produce woven polypropylene (WPP) bags, PLWPP bags, PLWPP pinch bottom bags and other packaging products.
The company follows a B2B2C business model and serves several leading brands. According to the Technopak Report, Knack Packaging held approximately 10.1% market share in India’s flexible bulk PLWPP bags segment, including PLWPP pinch bottom bags, in Fiscal 2025.
The company is also among the early manufacturers of Biaxially Oriented Polypropylene (BOPP)/PLWPP bags and claims to be the first company in India and Asia to introduce laser-cut and easy-open features integrated into PLWPP pinch bottom bags.
A key differentiator for the company is its in-house printing and design capabilities. Through its end-to-end design services, Knack Packaging assists customers with artwork selection, artwork creation and cylinder development.
As of May 31, 2026, the company had developed more than 73,000 cylinders for over 1,950 customers and maintained 13,379 stock-keeping units (SKUs).
The company also operates a dedicated warehouse spanning 92,065.47 sq. ft. for cylinder storage, enabling consistent print quality and supporting long-term customer retention.
The company’s pan-India footprint and export operations across 71 countries enable it to cater to a diversified customer base and expand its domestic and international presence.
Financially, the company reported strong growth over the last three fiscal years. Revenue from operations increased from ₹6,545.59 million in Fiscal 2024 to ₹8,234.34 million in Fiscal 2026, registering a CAGR of 12.16%. EBITDA margins improved from 15.38% in Fiscal 2024 to 20.42% in Fiscal 2026.
Profit after tax nearly doubled from ₹459.77 million in Fiscal 2024 to ₹927.24 million in Fiscal 2026, representing a CAGR of 42.01%. During the same period, total quantity sold rose from 30,590.10 MT to 38,157.49 MT, reflecting a CAGR of 11.69%.
The Knack Packaging IPO is being conducted through the Book Building Process in accordance with Regulation 6(1) of the SEBI ICDR Regulations and Rule 19(2)(b) of the Securities Contracts (Regulation) Rules, 1957.
The equity shares proposed under the Knack Packaging IPO are proposed to be listed on the National Stock Exchange of India Limited (NSE) and BSE Limited. NSE will serve as the designated stock exchange for the issue.
