Knack Packaging IPO: Rs 440 Crore Public Offer Opens July 1, 2026
Knack Packaging is launching a Rs 440 crore IPO on July 1, 2026, with a price band of Rs 161–Rs 170 per share. The capital will support a new manufacturing facility in Gujarat, strengthening the firm's global position in flexible packaging solutions.
Highlights
- •Knack Packaging has announced an IPO worth Rs 440 crore, opening for subscriptions from July 1 to July 3, 2026.
- •The price band for the public issue is set between Rs 161 and Rs 170 per equity share of Rs 10 face value.
- •The fresh issue of Rs 380 crore will primarily fund a new manufacturing plant in Borisana, Mehsana, Gujarat.
- •Founded in 2013, the company manufactures bulk flexible packaging and exports to 71 countries globally.
The manufacturing sector is preparing for a significant financial milestone as Knack Packaging officially announces its upcoming initial public offering (IPO). Scheduled to launch on July 1, 2026, the company aims to raise a total of Rs 440 crore. Investors interested in participating in the Knack Packaging IPO should note that the subscription window will remain open for three days, concluding on July 3, 2026.
The company has established a price range between Rs 161 and Rs 170 per equity share, with each share carrying a face value of Rs 10. This capital-raising exercise is structured to include a fresh issuance of shares valued at Rs 380 crore, alongside an offer for sale (OFS) comprising 3.5 million equity shares from the promoter group and other existing stakeholders. By diversifying its shareholding and injecting new capital, the firm intends to bolster its financial foundation.
Strategic Growth and Expansion Plans
A primary objective for the Knack Packaging IPO proceeds involves a strategic expansion of the company's production capabilities. Out of the net funds generated from the fresh issue, approximately Rs 320 crore has been earmarked for the development of a state-of-the-art manufacturing facility. This new plant will be located in Borisana, Kadi, situated within the industrial hub of Mehsana, Gujarat. By scaling its operational footprint, the company aims to enhance its market responsiveness and production output.
Established in 2013, Knack Packaging has carved a niche for itself in the production of bulk flexible packaging solutions. The firm boasts an impressive annual installed capacity of 43,300 metric tonnes. Its diverse product portfolio includes woven polypropylene bags, printed and laminated woven polypropylene (PLWPP) bags, and specialized PLWPP pinch bottom bags. Currently, the organization maintains a robust presence across India and has successfully expanded its footprint globally, exporting its high-quality products to 71 countries.
The successful execution of the Knack Packaging IPO is expected to provide the necessary liquidity and capital reserves to fuel the company's long-term growth strategy. As the organization transitions into this new phase of its corporate journey, the planned manufacturing site in Gujarat is set to become a cornerstone for increasing its competitive edge in the global flexible packaging market. Investors will be closely watching the response to the offering as the public issue date approaches.
