Knack Packaging Limited is an integrated packaging solutions company focused on innovation, exports, and sustainable packaging solutions for industrial and commercial applications.
The company manufactures printed and Laminated Woven Polypropylene (PLWPP) bags, including pinch bottom bags, gusset bags, block bottom bags, retail shopping bags, and other customized packaging products used across industries such as food, pet food, agriculture, fertilizers, cement, chemicals, detergents, minerals, and building materials.
Its packaging solutions help improve brand visibility, reduce counterfeiting risks, and enhance operational efficiency. In FY25, the company held around 10.1% market share in India’s flexible bulk PLWPP packaging segment.
Knack Packaging serves major domestic clients including Baba Agro Food Limited, Drools Pet Food, Ebro India, KRBL Limited, and DCM Shriram Limited, while exporting products to 68 countries globally, with key export markets including the United States, Mexico, and South Africa, contributing 35.19% of total exports.
The company operates an in-house printing facility providing end-to-end design and cylinder development services.
As of May 31, 2026, it had developed 73,000+ printing cylinders, managed 13,379 SKUs, maintained a 92,065 sq. ft. warehouse, served 1,950+ customers worldwide, and employed a workforce of 1,834 employees, including contractual workers.
Knack Packaging IPO – Details
| IPO Opening Date | 01 July 2026 |
| IPO Closing Date | 03 July 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue Size: 2,58,65,164 Shares Worth ₹439.71 Crore Fresh Issue: 2,23,65,164 Shares Worth ₹380.21 Crore Offer For Sale: 35,00,000 Shares Worth ₹59.50 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹161 – ₹170 per share |
| Market Lot | 88 Shares |
| Min Order | 88 Shares [1 Lot] |
| Employee Discount | ₹16 |
| Listing At | BSE, NSE |
| Register | MUFG Intime India Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII (HNI) Shares Offered | 15% |
| Retail Shares Offered | 35% |
Knack Packaging IPO – Date Schedule
| IPO Open Date | 01 July 2026 |
| IPO Close Date | 03 July 2026 |
| Basis of Allotment | 06 July 2026 |
| Initiation of Refund | 07 July 2026 |
| Credit of Shares to Demat Account | 07 July 2026 |
| IPO Listing Date | 08 July 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on July 03, 2026 |
Knack Packaging IPO – Lots Size & Price
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 88 | ₹14,960 |
| Retail (Max) | 13 | 1144 | ₹1,94,480 |
| S-HNI (Min) | 14 | 1232 | ₹2,09,440 |
| S-HNI (Max) | 66 | 5808 | ₹9,87,360 |
| B-HNI (Min) | 67 | 5896 | ₹10,02,320 |
Competitive Strength
- Focus on operational efficiency through integrated and digitised processes.
- Capability to deliver complex product design with accuracy.
- Customer-centric custom packaging solutions.
- Presence across Indian and global market catering to various industries.
- Experienced and skilled management and Board of Directors.
Company Promoters
- Alpesh Tulsibhai Patel
- Pravinkumar Ambalal Patel
- Rashminbhai Tulsibhai Patel
Company Financials
| Particulars | Total Revenue | Total Expense | Profit After Tax | Total Borrowing |
|---|---|---|---|---|
| 31 March 2024 | ₹659.01 Cr | ₹597.26 Cr | ₹45.98 Cr | ₹173.09 Cr |
| 31 March 2025 | ₹747.38 Cr | ₹648.15 Cr | ₹73.81 Cr | ₹172.06 Cr |
| 31 March 2026 | ₹843.77 Cr | ₹716.69 Cr | ₹92.72 Cr | ₹192.47 Cr |
Key Performance Indicator
| KPI | Values (Mar 31, 2026) |
|---|---|
| ROE | 35.75% |
| ROCE | 46.71% |
| Debt/Equity | 0.62 |
| RoNW | 35.47% |
| PAT Margin | 10.99% |
| EBITDA Margin | 20.42% |
| Price to Book Value | 5.52 |
| Pre IPO | Post IPO | |
| EPS (₹) | 9.27 | – |
| P/E (x) | 18.33 | – |
Object Of The Issue
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Partial funding of capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana, Gujarat. | ₹320.00 |
| General Corporate Purpose. |
Knack Packaging IPO Peer Comparison
| S. No. | Face Value (₹) | Company Name | P/E Ratio |
|---|---|---|---|
| 1 | 1 | Time Technoplast Limited | 17.86 |
| 2 | 10 | TCPL Packaging Limited | 28.19 |
| 3 | 5 | Mold-tek Packaging Limited | 31.83 |
✅Strengths
- Integrated spinning & ginning manufacturing setup.
- Diverse products – cotton yarn, cotton bales, yarn waste.
- Strategic Gujarat location for raw material sourcing.
- Products used across multiple textile applications.
⚠️Risks
- Business highly dependent on cotton price fluctuations.
- Operates in a highly competitive textile industry.
- Demand slowdown in textile sector can impact revenue.
- Exposure to cyclical nature of textile industry.
Knack Packaging IPO Promoter Holding
| Pre-Issue Share Holding | 89.60% |
| Post Issue Share Holding | 70.59% |
Knack Packaging IPO Prospectus
Company Contact Information
| Knack Packaging Ltd. 330/A, Kalasagar Shopping Hub, Opp Saibaba Temple, Satadhar Cross Road, Ghatlodiya, Ahmedabad, Gujarat, 380061 Phone: +91 9925171483 Email: compliance@knackpackaging.com Website: https://knackpackaging.com/ |
Knack Packaging IPO Registrar
| MUFG Intime India Pvt. Ltd. Phone: +91-22-4918 6270 Email: knackpackaging.ipo@in.mpms.mufg.com Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html |
Knack Packaging IPO Lead Manager(s)
| 1. Systematix Corporate Services Limited 2. IDBI Capital Markets & Securities Limited 3. Pantomath Capital Advisors Private Limited |
Knack Packaging IPO FAQs
| What is the Knack Packaging IPO? Knack Packaging IPO is a main-board IPO. The issue is priced at ₹161 to ₹170 per equity share. The IPO is to be listed on the BSE & NSE. |
| When will the Knack Packaging IPO open? The IPO is to open on 01 July 2026 for QIB, NII, and Retail Investors. |
| What is Knack Packaging IPO Investors Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Knack Packaging IPO Size? Knack Packaging IPO size is ₹439.50 Crore. |
| What is the Knack Packaging IPO Minimum and maximum lot sizes for Retail? The minimum bid is 88 Shares with ₹14,960, while the maximum bid is 1144 Shares with ₹1,94,480. |
| What is the Knack Packaging IPO Allotment Date? Knack Packaging IPO allotment date is 06 July 2026. |
| What is the Knack Packaging IPO Listing Date? Knack Packaging IPO listing date is 08 July 2026. The IPO is to be listed on the BSE and the NSE. |
