Knack Packaging IPO
Packaging • ₹439.5 Cr
Medium risk because:
- 5 material risk factors disclosed in DRHP
- High customer concentration flagged in the DRHP
- Regulatory or legal risks cited in DRHP
IPOFins risk score from DRHP risk factors, subscription demand & issue structure
Price Band
₹170
Lot Size
88 shares
Issue Size
₹439.5 Cr
Open
01 Jul 2026
Close
03 Jul 2026
Subscription
83.0×
IPO Schedule
| Issue Open Date | 01 Jul 2026 |
| Issue Close Date | 03 Jul 2026 |
| Allotment Date | 06 Jul 2026 |
| Listing Date | 07 Jul 2026 |
About Knack Packaging
Knack Packaging Limited is engaged in the manufacturing of packaging solutions, primarily printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags used across industries such as food products, pet food, agriculture, fertilisers, chemicals, construction materials, and consumer goods. The company offers a range of packaging products along with customised features such as laser-cut easy-open systems, zipper closures, windows, heat cuts, and branding solutions. Its customers include domestic and international businesses that use these bags for packaging products in powder and granule forms. The company operates through a vertically integrated manufacturing process that covers PP granule processing, tape production, fabric manufacturing, printing, lamination, and finished bag production. Knack Packaging has manufacturing facilities in Gujarat and exports its products to customers across 71 countries. The company also provides in-house printing and design services, supported by a large cylinder library developed for its customer base. Use of proceeds: This is a combination of a fresh issue of shares and an offer for sale. The net proceeds from the offer for sale will go to the selling shareholder, and those from the fresh issue will go to the company. They will be utilised for the following purposes: Partial funding of capital expenditure for setting up a new manufacturing facility at Borisana, Mehsana, Gujarat – Rs 320 crore General corporate purposes
Company Details
Founders / Promoters
Mr Alpesh Tulsibhai Patel
Founded
2013
Registrar
LINK
Documents
DRHP / RHP Document (PDF)
View official prospectus →
Investment Analysis
Knack Packaging — IPOFins Verdict
QuantitativeDriven by QIB demand at 154.3x and moderate disclosed risk (6/10), Knack Packaging listed at a premium of 10.6% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
- The company claims to have a vertically integrated manufacturing setup that covers the entire production process, from PP granule processing and tape manufacturing to printing, lamination, and finishe
- Knack Packaging claims to have developed proprietary digital systems such as Knack Galaxy, integrated with Microsoft Dynamics 365 and SAP S4 HANA, for managing procurement, production, inventory, disp
- The company claims to have the capability to manufacture technically complex packaging products with customised features such as laser-cut easy-open systems, valve closures, perforations, handles, mul
- The company has a diversified customer base across domestic and international markets, with exports contributing 56.30% of revenue from operations in FY26. It serves customers across industries such a
- Knack Packaging operates manufacturing facilities in Gujarat with an installed production capacity of 43,300 MTPA and exports its products to customers across 71 countries. The company also has a subs
Score breakdown — what drove this verdict
Moderate risk from DRHP → score -0.4
Institutional subscription → score +2.0
Strong retail interest → score +0.5
Actual listing outcome → score +0.5
Base score: 5.0 · Final score = base + all factor adjustments, capped 1–10. Full methodology →
IPOFins Score is a quantitative signal from subscription demand, disclosed risk, and listing data — not investment advice. Not SEBI-registered.
Listing Performance
Issue Price
₹170
Listing Price
₹188
Listing Gain/Loss
+10.59%
Listing Date
07 Jul 2026
Price Since Listing
Returns are measured against the ₹170 issue price.
Listing
₹188
+10.6%
1 Week
₹205.06
+20.6%
Current
₹191.3
+12.5%
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FAQ
What is the price band of Knack Packaging IPO?
The price band is ₹170 per share with a lot size of 88 shares. Minimum investment: ₹14,960.
What does Knack Packaging do?
Knack Packaging Limited is engaged in the manufacturing of packaging solutions, primarily printed and laminated woven polypropylene (PLWPP) bags and PLWPP pinch bottom bags used across industries such as food products, pet food, agriculture, fertilisers, chemicals, construction materials, and consumer goods. The company offers a range of packaging products along with customised features such as laser-cut easy-open systems, zipper closures, windows, heat cuts, and branding solutions. Its customers include domestic and international businesses that use these bags for packaging products in powder and granule forms. The company operates through a vertically integrated manufacturing process that covers PP granule processing, tape production, fabric manufacturing, printing, lamination, and finished bag production. Knack Packaging has manufacturing facilities in Gujarat and exports its products to customers across 71 countries. The company also provides in-house printing and design services, supported by a large cylinder library developed for its customer base. Use of proceeds: This is a combination of a fresh issue of shares and an offer for sale. The net proceeds from the offer for sale will go to the selling shareholder, and those from the fresh issue will go to the company. They will be utilised for the following purposes: Partial funding of capital expenditure for setting up a new manufacturing facility at Borisana, Mehsana, Gujarat – Rs 320 crore General corporate purposes
Should I apply for Knack Packaging IPO?
Knack Packaging listed at ₹188 (+10.6% premium to the ₹170 issue price) after 83.0x subscription. IPOFins Score 8/10: Driven by QIB demand at 154.3x and moderate disclosed risk (6/10), Knack Packaging listed at a premium of 10.6% to its issue price. The signals lean constructive — still confirm valuation against listed peers and read the DRHP before applying beyond one lot.
Who founded Knack Packaging?
Knack Packaging was founded by Mr Alpesh Tulsibhai Patel in 2013.