Knack Packaging Ltd.
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Overview
Knack Packaging Limited is an integrated manufacturer of flexible bulk packaging solutions focused on printed and laminated woven polypropylene bags and pinch bottom bags used across food products, grains and pulses, pet food, agriculture, fertilizers, chemicals, cement, tile adhesives and building materials. Knack Packaging Limited operates a vertically integrated model covering PP granule processing, tapes, woven fabric, printing, lamination and finished bag conversion, serving customers in India and exports across multiple countries with an emphasis on customized, branded, high-strength packaging.
Opening Date
Jul 01, 2026
Closing Date
Jul 03, 2026
Listing Date
Jul 08, 2026
IPO Type
Mainboard
IPO Status
Upcoming
Issue Size
380 Cr
Fresh Issue
380 Cr
Offer for Sale
59.5 Cr
Price Band
₹161 - ₹170
Lot Size
88
IPO Timeline
Financials
Revenue
Profit After Tax (PAT)
IPO Objective
The main objectives of the issue are to support capacity expansion and strengthen the company’s financial and operational platform.
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Partial funding of capital expenditure for setting up a new manufacturing facility at Borisana, Kadi, Mehsana, Gujarat, to expand capacity for printed and laminated woven polypropylene bags and pinch bottom bags and support rising domestic and export demand.
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Funding building, site development, plant and machinery, and electrical installations for the new project, which is intended to improve throughput, automation, product quality, and manufacturing efficiency across packaging operations.
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Supporting long-term growth strategy by adding new packaging lines and strengthening the company’s ability to serve sectors such as food products, grains, pet food, agriculture, fertilizers, chemicals, and building materials with higher scale and improved capabilities.
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Meeting general corporate purposes, including business development initiatives, working capital needs, design and development, repayment of debt, operating expenses, capital expenditure, and other strategic business requirements, subject to applicable regulatory limits.
Key Performance Indicator
P/E Ratio
18.33
EPS
9.27
ROE
35.75%
ROCE
46.71%
RONW
35.47%
Debt to Equity Ratio
—
PAT Margin
10.99%
EBITDA Margin
20.42%
P/B
5.52
SWOT Analysis
Strengths
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Vertically integrated manufacturing process from PP granules to finished laminated woven bags supports quality control and operational efficiency.
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Strong customization capabilities with in-house design, cylinder development, printing, lamination, and multiple add-on packaging features for branded customers.
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Diversified end-user presence across food, grains, pet food, agriculture, fertilizers, chemicals, cement, and building materials reduces dependence on one segment.
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Export-led business model with sales across many countries and relationships with reputed domestic and international customers supports geographic diversification.
Weaknesses
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High dependence on polypropylene granules and other petrochemical-based raw materials exposes margins to commodity price volatility and supply disruptions.
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Operations rely meaningfully on top suppliers for key raw materials, and the absence of long-term sourcing contracts may affect continuity or pricing.
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Business requires compliance with multiple environmental, packaging, and industry-specific regulations, increasing monitoring and compliance costs.
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Manufacturing and quality outcomes depend on skilled manpower and process discipline across multiple complex production stages, creating execution sensitivity.
Opportunities
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Capacity expansion through the new Borisana manufacturing facility can help address growing demand in domestic and export markets.
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Rising shift from plain or conventional woven bags and multiwall paper bags toward branded, durable, moisture-resistant PLWPP bags creates conversion opportunity.
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Growth in packaged food, pet food, agriculture, seed, fertilizer, detergent, and construction material markets can drive higher packaging demand.
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Increasing focus on sustainable packaging, recycled content, and circular production practices can strengthen customer relevance and market positioning.
Threats
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Intense competition from organized and unorganized packaging manufacturers may pressure pricing, margins, and customer retention.
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Stringent environmental rules and evolving plastic waste regulations may increase compliance costs or alter customer packaging preferences.
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Global trade disruptions, geopolitical tensions, freight volatility, and currency fluctuations can affect export realizations and raw material economics.
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Substitution risk from alternative packaging materials such as paper-based, biodegradable, or other eco-friendly formats may impact demand in some segments.
Subscription Rate
Frequently Asked Questions about Knack Packaging Ltd.
Knack Packaging Limited is an integrated manufacturer of flexible bulk packaging solutions focused on printed and laminated woven polypropylene bags and pinch bottom bags used across food products, grains and pulses, pet food, agriculture, fertilizers, chemicals, cement, tile adhesives and building materials. Knack Packaging Limited operates a vertically integrated model covering PP granule processing, tapes, woven fabric, printing, lamination and finished bag conversion, serving customers in India and exports across multiple countries with an emphasis on customized, branded, high-strength packaging.
The Knack Packaging Ltd. IPO is scheduled to open for subscription on Jul 01, 2026 and close on Jul 03, 2026. Investors can apply for shares during this period through eligible platforms.
The price band for the Knack Packaging Ltd. IPO is ₹161 to ₹170. Investors can place bids within this range once the issue opens.
The minimum lot size for the Knack Packaging Ltd. IPO is 88 shares. The minimum investment amount ₹14,960.
The total issue size of the Knack Packaging Ltd. IPO is approximately ₹380.00. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Knack Packaging Ltd. IPO has been subscribed data will be available once the issue opens. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Knack Packaging Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Knack Packaging Ltd. are expected to list on stock exchanges on Jul 08, 2026, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Knack Packaging Ltd. IPO are proposed to be used for The main objectives of the issue are to support capacity expansion and strengthen the company’s financial and operational platform., Partial funding of capital expenditure for setting up a new manufacturing facility at Borisana, Kadi, Mehsana, Gujarat, to expand capacity for printed and laminated woven polypropylene bags and pinch bottom bags and support rising domestic and export demand., Funding building, site development, plant and machinery, and electrical installations for the new project, which is intended to improve throughput, automation, product quality, and manufacturing efficiency across packaging operations., Supporting long-term growth strategy by adding new packaging lines and strengthening the company’s ability to serve sectors such as food products, grains, pet food, agriculture, fertilizers, chemicals, and building materials with higher scale and improved capabilities., Meeting general corporate purposes, including business development initiatives, working capital needs, design and development, repayment of debt, operating expenses, capital expenditure, and other strategic business requirements, subject to applicable regulatory limits.
Before applying for the Knack Packaging Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.
