Ahmedabad-based Knack Packaging Limited will launch its Initial Public Offering (IPO) on July 1, 2026, with the issue closing on July 3. The anchor investor bidding will take place on June 30. The company has fixed the price band at ₹161 to ₹170 per equity share of face value ₹10 each. Eligible employees will receive a discount of ₹16 per share under the employee reservation category.
Investors can bid for a minimum of 88 equity shares and in multiples thereof. The IPO comprises a fresh issue of shares worth up to ₹380 crore and an Offer for Sale (OFS) of up to 35 lakh equity shares by promoters, promoter group shareholders and another selling shareholder.
Established in 2013, Knack Packaging is a leading manufacturer of bulk flexible packaging solutions, including woven polypropylene (WPP) bags, printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch-bottom bags. The company operates manufacturing facilities in Gujarat with an installed production capacity of 43,300 metric tonnes per annum as of March 2026.
According to the Technopak Report, Knack Packaging holds around 10.1% market share in India’s flexible bulk PLWPP bag segment. The company exports to 71 countries and serves more than 1,950 customers. It has developed over 73,000 printing cylinders and 13,379 stock-keeping units (SKUs), strengthening customer retention through long-term branding support.
Financially, the company has reported strong growth. Revenue from operations increased from ₹654.56 crore in FY24 to ₹823.43 crore in FY26, while net profit nearly doubled from ₹45.98 crore to ₹92.72 crore during the same period. EBITDA margins improved from 15.38% to 20.42%, reflecting enhanced operational efficiency and profitability.