Bookbuilding IPO | ₹[.] Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Knack Packaging Ltd. on December 26, 2025. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Knack Packaging Ltd. IPO is a Book Build Issue consisting of fresh issue of ₹475.00 crores and an offer for sale (OFS) of upto 0.70 crore equity shares.
The equity shares are proposed to be listed on NSE and BSE. Systematix Corporate Services Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Knack Packaging IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Fresh Issue | [.] shares (agg. up to ₹475 Cr) |
| Offer for Sale | 70,00,000 shares of ₹10 (agg. up to ₹[.] Cr) |
| Share Holding Pre Issue | 10,00,00,000 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Thu, Sep 4, 2025 |
| SEBI/Exchange approval received | Fri, Dec 26, 2025 |
| 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 |
| Application Category | Maximum Bidding Limits | Bidding at Cut-off Price Allowed |
|---|---|---|
| Only RII | Up to Rs 2 Lakhs | Yes |
| Only sNII | Rs 2 Lakhs to Rs 10 Lakhs | No |
| Only bNII | Rs 10 Lakhs to NII Reservation Portion | No |
| Only employee | Yes | |
| Employee + RII/NII |
|
Yes for Employee and RII/NII |
Knack Packaging Limited, incorporated in 2013, is an integrated packaging solutions provider focusing on innovation, exports, and sustainability.
The company manufactures Printed and Laminated Woven Polypropylene (PLWPP) bags, including pinch bottom, gusset, block bottom, and retail shopping bags. These high-strength solutions are used across industries such as food, pet food, agriculture, fertilizers, building materials, detergents, cement, chemicals, minerals, and more.
The products enhance brand visibility, reduce counterfeiting risks, and improve operational performance. In Fiscal 2025, Knack Packaging Limited held around 10.1% share of the Indian flexible bulk PLWPP bag market.
It serves leading Indian names like Baba Agro Food Limited, Drools Pet Food Private Limited, Ebro India Private Limited, KRBL Limited, and DCM Shriram Limited, along with global brands across 68 countries, including Cargill, Cristo S.A., and Repi Soap and Detergent PLC. Exports contribute a major share of operations, with the United States, Mexico, and South Africa accounting for 58.44% of total exports.
The company operates an in-house printing facility offering end-to-end design and cylinder development services. As of July 31, 2025, Knack Packaging Limited has developed over 67,000 cylinders, handled 12,000+ SKUs, and maintained a 92,065 sq. ft. warehouse for storage, enabling consistent quality for more than 1,900 customers worldwide.
Knack Packaging Ltd.'s revenue increased by 13% and profit after tax (PAT) rose by 61% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 449.36 | 379.38 | 269.33 |
| Total Income | 747.38 | 659.01 | 518.47 |
| Profit After Tax | 73.81 | 45.98 | 19.87 |
| EBITDA | 144.34 | 101.37 | 54.84 |
| NET Worth | 214.71 | 140.62 | 95.34 |
| Reserves and Surplus | 209.71 | 135.62 | 90.34 |
| Total Borrowing | 172.06 | 173.09 | 122.66 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. | 435.00 |
| 2 | General corporate purposes |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 41.70% |
| ROCE | 50.36% |
| Debt/Equity | 0.80 |
| RoNW | 41.54% |
| PAT Margin | 9.88% |
| EBITDA Margin | 19.31% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.38 | |
| Promoter Holding | 89.6% |
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager’s fees (including underwriting commission) | |
| 2 | Commission/processing fee for SCSBs, Sponsor Bank(s) and Bankers to the Offer. Brokerage, underwriting commission and selling commission and bidding charges for Members of the Syndicate, Registered Brokers, RTAs and CDPs | |
| 3 | Fees payable to the Registrar to the Offer | |
| 4 | Fees payable to the other advisors to the Offer | |
| 5 | Statutory Auditors, for issuing the Restated Consolidated Financial Information, for providing the statement of special direct and indirect tax benefits available to the Company and to the Shareholders, and to verify the details and provided certifications with respect to certain information included in the DRHP | |
| 6 | Industry Report provider for preparing the industry report, commissioned and paid for by the Company | |
| 7 | Listing fees, SEBI filing fees, upload fees, BSE & NSE processing fees, book building software fees and other regulatory expenses | |
| 8 | Printing and distribution of offer stationery | |
| 9 | Advertising and marketing expenses | |
| 10 | Fee payable to legal counsels | |
| 11 | Insurance in connection with the Offer | |
| 12 | Miscellaneous |
Knack Packaging IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is .
The Knack Packaging IPO open and close dates are not available as of now.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Knack Packaging IPO using UPI as a payment gateway. Zerodha customers can apply in Knack Packaging IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Knack Packaging IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Knack Packaging IPO dates are not announced. Please check back again after some time.
Knack Packaging IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Knack Packaging IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Knack Packaging IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Knack Packaging IPO allotment status.
The Knack Packaging IPO listing date is not yet announced. The tentative date of listing is .
