June, 26 2026 Friday 20:05 Hrs
Last update 11-9-2025
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IPO Synopsis

Knack Packaging Ltd
Initial public offering of up to 2,58,52,941 equity shares of face value of Rs. 10/- each ("Equity Shares") of Knack Packaging Limited ("The Company" or the "Issuer") for cash at a price of Rs. 161-170 per equity share (including a premium of Rs. 151-160 per equity share) ("The"Offer Price"), aggregating up to Rs. 439.5 Crores, comprising of a fresh issue of up to 22,352,941 equity shares, aggregating up to Rs. 380.00 Crores (the "Fresh Issue") and an offer for sale of up to 3,500,000 equity shares, aggregating up to Rs. 59.5 Crores ("Offered Shares") ("Selling Shareholders" and individually the "Selling Shareholder") comprising up to 675,750 equity shares aggregating up to Rs. 11.49 Crores by Alpesh Tulsibhai Patel, comprising up to 300,000 equity shares aggregating up to Rs. 5.1 Crores by Pravinkumar Ambalal Patel, comprising up to 675,750 equity shares aggregating up to Rs. 11.49 Crores by Rashminbhai Tulsibhai Patel, comprising up to 362,000 equity shares aggregating up to Rs. 6.15 Crores by Tulsibhai Keshavlal Patel, comprising up to 307,500 equity shares aggregating up to Rs. 5.23 Crores by Patel Kamlesh Ambalal, comprising up to 125,000 equity shares aggregating up to Rs. 2.13 Crores by Dharmisthaben Pravinbhai Patel, comprising up to 298,250 equity shares aggregating up to Rs. 5.07 Crores by Shital Alpesh Patel, comprising up to 298,250 equity shares aggregating up to Rs. 5.07 Crores by Divyaben Rashminkumar Patel comprising up to 170,000 equity shares aggregating up to Rs. 2.89 Crores by Patel Jay Pravinkumar, comprising up to 287,500 equity shares aggregating up to Rs. 4.89 Crores by Shitalben Kamlesh Patel (such sale, the "Offer For Sale", and together with the fresh issue, the "Offer"). The offer includes a reservation of up to 117,647 equity shares of face value of Rs.10/- each, aggregating up to Rs. 2.00 Crores (constituting up to [*]% of the post-offer paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the selling shareholders and the book running lead managers ("BRLMS") may offer a discount of up to [*]% (equivalent of Rs. 16 per equity share) of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute [*]% and [*]% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 161/- to Rs. 170/- per equity share bearing face value of Rs. 10 each. The floor price is 16.10 times of the face value of the equity shares and the cap price is 17.00 times of the face value of the equity shares. Bids can made for a minimum of 88 equity shares of face value of Rs. 10 each and in multiples thereof. A discount of Rs. 16 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
01-Jul-26 03-Jul-26
Money Payable On
Application Allotment
161.00 0.00
Minimum Application for shares in Nos : 88 Further Multiples of : 88
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 0.00 IDBI Capital Markets & Securities Limited
Project Financed through Current Offer (.Cr) 436.35  
Post Issue Equity Share Capital (.Cr) 125.85
Issue Price () 161.00
Projects
Capital expenditure towards setting up new manufacturing facility at Borisana situated
General corporate purposes
Promoted By
Alpesh Tulsibhai Patel
Pravinkumar Ambalal Patel
Rashminbhai Tulsibhai Patel
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd
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