Knack Packaging Limited proposes to open an initial public offering of its equity shares, each with a face value of ₹10, on Wednesday, July 01, 2026. The Bid/ Offer Closing Date is Friday, July 03, 2026. The Anchor Investor Bidding Date is one Working Day before the Bid/Offer Opening Date, being Tuesday, June 30, 2026.
- Issue Opens: July 1, 2026
- Issue Closes: July 3, 2026
- Face Value: Rs 10
- Price Band: Rs 161 – 170 per share
- Minimum Bid Lot: 88 Equity Shares
- Listing: BSE & NSE
The Price Band of the Offer has been fixed from ₹ 161 per Equity Share to ₹ 170 per Equity Share, with a face value of Rs 10/- each. Bids can be made for a minimum of 88 Equity Shares with a face value of ₹10 each, and in multiples of 88 Equity Shares thereafter. The Offer comprises a fresh issue of equity shares aggregating up to ₹3,800.00 million and an Offer for Sale of up to 3,500,000 Equity Shares by the Selling Shareholders.
Knack Packaging Limited is one of the leading, integrated, innovation-oriented, export-led, and sustainable-oriented packaging solutions providers, offering a diverse range of packaging solutions, including Printed and Laminated Woven Polypropylene bags and PLWPP Pinch Bottom bags that are customized, high-strength packaging solutions for a wide range of sectors, including food products and pet foods.
Incorporated in 2013, the company is a manufacturer of bulk flexible packaging solutions, with an effective installed capacity of 43,300 MT per annum (as of March 2026) for woven polypropylene bags, PLWPP bags, PLWPP pinch-bottom bags, and other products at its plants in Gujarat. The company has been serving top brands under a B2B2C model. The Company held approximately 10.1% market share in the Indian market for flexible bulk PLWPP bags, including PLWPP pinch-bottom bags, in Fiscal 2025.
They are also one of the early movers in the manufacturing of Biaxially Oriented Polypropylene / PLWPP bags, and the first company in India (and Asia) to provide laser cut and easy-open feature integrated into their PLWPP pinch bottom bags. Through its in-house printing facility, the company offers end-to-end design services to its clients, including artwork selection or creation and cylinder development. As of May 31, 2026, the company possesses 73,000+ cylinders developed for over 1,950 customers and 13,379 SKUs, serving as custodians of customers’ branding materials and thereby fostering long-term customer retention.
The company maintains a 92,065.47 sq. ft warehouse dedicated to cylinder storage. This service helps maintain consistent print quality across products, which is essential for brand consistency with its customers. The pan-India presence and export to 71 countries enable the company to efficiently serve a diverse customer base, respond swiftly to market demands, and expand reach in both domestic and export segments.
Financials
Revenue from Operations grew from ₹ 6,545.59 million in Fiscal 2024 to ₹ 8,234.34 million in Fiscal 2026 at a CAGR of 12.16%. EBITDA margins expanded from 15.38% in Fiscal 2024 to 20.42% in Fiscal 2026. Profit After Tax grew from ₹ 459.77 million in Fiscal 2024 to ₹ 927.24 million in Fiscal 2026 at a CAGR of 42.01%. Total quantity sold grew at a CAGR of 11.69% from 30,590.10 MT to 38,157.49 MT over the same period.
