• Price Band fixed at ₹ 161 to ₹ 170 per equity share of the face value of ₹10 each (“Equity Shares”) of Knack Packaging Limited (the “Company”)
  • Anchor Investor Bid/Offer Date – Tuesday, June 30, 2026
  • Bid /Offer Opening Date – Wednesday, July 01, 2026, and Bid/ Offer Closing Date – Friday, July 03, 2026
  • Bids can be made for a minimum of 88 Equity Shares of the face value of ₹10 each and in multiples of 88 Equity Shares of the face value of ₹10 each thereafter

National : Knack Packaging Limited (the “Company”) proposes to open an initial public offering (“Offer”) of its equity shares of face value of ₹10 each (“Equity Shares”) 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.

The Price Band of the Offer has been fixed from ₹ 161 per Equity Share to ₹ 170 per Equity Share of face value Rs 10/- each. A discount of ₹16 per Equity Shares of face value ₹10 each is being offered to Eligible Employees bidding in Employee Reservation Portion (“Employee Discount”) Bids can be made for a minimum of 88 Equity Shares of face value ₹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, comprising up to 675,750 Equity Shares by Mr. Alpesh Tulsibhai Patel, up to 300,000 Equity Shares by Mr. Pravinkumar Ambalal Patel, and up to 675,750 Equity Shares by Mr. Rashminbhai Tulsibhai Patel (collectively, the “Promoter Selling Shareholders”), along with up to 1,561,000 Equity Shares collectively by the Promoter Group Selling Shareholders and Up to 287,500 Equity Shares by Other Selling Shareholder.

Knack Packaging Limited is one of the leading, integrated, innovation-oriented, export led and sustainable oriented packaging solutions provider, offering a diverse range of packaging solutions, including Printed and Laminated Woven Polypropylene (“PLWPP”) 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.

The pan-India presence and export to 71 countries enables company to efficiently serve a diverse customer base, respond swiftly to market demands, and expand reach in both domestic and export segments.

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.

The Offer is being made in terms of Rule 19(2)(b) of the SCRR read with Regulation 31 of the SEBI ICDR Regulations. This Offer is being made through the Book Building Process in accordance with Regulation 6(1) of the SEBI ICDR Regulations.

  • QIB Portion: Not more than 50% of the net offer
  • Non-Institutional Portion: Not less than 15% of the net offer
  • Retail Portion: Not less than 35% of the net offer.
  • Employee Reservation Portion: Up to [•] equity shares of face value of ₹10 each aggregating up to ₹ 20.00 million. A discount of ₹16 per Equity Shares of face value ₹10 each is being offered to Eligible Employees bidding in Employee Reservation Portion (“Employee Discount”).

All potential Bidders (except Anchor Investors) are required to mandatorily use the Application Supported by Blocked Amount (“ASBA”) process providing details of their respective ASBA accounts, and UPI ID in case of UPI Bidders, if applicable, in which the corresponding Bid Amounts will be blocked by the SCSBs or by the Sponsor Bank(s) under the UPI Mechanism, as applicable, to the extent of the respective Bid Amounts. Anchor Investors are not permitted to participate in the Offer through the ASBA process. Further, Equity Shares will be allocated on a proportionate basis to Eligible Employees applying under the Employee Reservation Portion, subject to valid Bids received from them at or above the Offer Price, net of Employee Discount.

The Equity Shares of the Company are proposed to be listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) (BSE and NSE together, the Stock Exchanges).  For the purposes of the Offer, the Designated Stock Exchange shall be NSE.

Systematix Corporate Services Limited, IDBI Capital Markets & Securities Limited and Pantomath Capital Advisors Private Limited are the Book Running Lead Managers (BRLMs) to the Offer.