Summary:
Knack Packaging shares debuted at a premium of over 10% on the NSE after its IPO received strong investor demand, with the issue subscribed 83.33 times. The company plans to use the IPO proceeds to establish a new manufacturing facility in Gujarat and expand its packaging business. Following the listing, the stock traded in the ₹183–₹192 range during early trade.
Stocks of Knack Packaging Company had a good opening on the stock exchange on Wednesday, July 8, 2026, where stocks were issued at a premium over the price of the IPO.
Following the high demand for the IPO of the company, the issue was subscribed 83.33 times. On the NSE, stocks were issued at a price of ₹188 per share, which showed a premium of 10.59% over the IPO price of ₹170. On the BSE, stocks opened at ₹186 per share, indicating a premium of 9.41%. After the listing, the stocks were trading between ₹183-₹192 in early hours.
Market capitalisation of Knack Packaging Company post listing was ₹2,275.99 crore.
Knack Packaging IPO Details and Subscription Response
This IPO opened for bidding from 1st July 2026 to 3rd July 2026. There were bids for 1,58,02,77,688 shares against the number of shares available to be offered which was 1,89,64,018. Thus, the total bid-subscription was 83.33 times.
The QIBs category received subscriptions 154.34 times, whereas the NII part of the IPO received bids 139.81 times. The retail investor category was subscribed 20.07 times.
Prior to the public issuance of stocks, Knack Packaging had generated an income of ₹131.25 crore through the anchor investors. This IPO consisted of the issuance of equity shares of ₹380 crore along with the OFS of 35 lakh equity shares with an aggregate value of ₹59.5 crore.
This IPO’s price range was set at ₹161-₹170 per share. More about Knack packaging IPO
Utilisation of IPO Proceeds
The firm intends to use the money raised via the fresh issue in setting up a new manufacturing plant in Borisana, Kadi in Mehsana District of Gujarat state. The rest of the money will be utilized for general corporate requirements.
A new manufacturing plant will help in future growth of the company in terms of production capacity and market presence.
About Knack Packaging
Knack Packaging is a company based out of Ahmedabad that is engaged in the production of innovation-driven packaging solutions. The company specializes in the production of Customized PLWPP Bags and PLWPP Pinch Bottom Bags.
The company produces products for a variety of industries that include food products and pet food segments. The company is focused towards enhancing its capabilities in production and exports to improve its presence in the packaging solutions industry.
