Knack Packaging IPO 2026: price band, dates, size, allotment

What has been announced

Knack Packaging Limited has announced the key terms for its upcoming IPO, including the price band, subscription dates, and tentative listing schedule. The IPO is scheduled to open for public subscription on July 1, 2026 and close on July 3, 2026. The company’s shares are expected to list on BSE and NSE on July 8, 2026, subject to completion of the allotment process.

The offer is positioned as a main-board issue, with a stated total issue size of ₹439.5 crore. The issue includes a fresh issue component as well as an offer for sale (OFS) by promoters.

Price band and face value

The IPO price band has been fixed at ₹161 to ₹170 per equity share, with a face value of ₹10 per share. For investors, this band defines the range within which bids can be placed during the book-building process.

At the upper end of the band, the IPO is expected to raise ₹439.5 crore.

Subscription window and key dates

The timeline shared for the issue provides a clear sequence of events from anchor allocation to listing. The anchor book is scheduled to open on June 30, 2026. The public issue remains open for three days from July 1 to July 3, 2026.

The basis of allotment is tentatively expected to be finalised on July 6, 2026. Refunds are expected to be initiated on July 7, 2026, and shares are expected to be credited to demat accounts on the same day. Listing is anticipated on July 8, 2026.

Lot size and minimum investment

The IPO lot size is 88 equity shares, and bids must be placed in multiples of 88 thereafter. The minimum investment amount stated for one lot is ₹14,960, which corresponds to bidding at the upper end of the price band.

Investors typically use the lot size to calculate total application value, especially when applying for multiple lots.

Issue size and structure: fresh issue and OFS

Knack Packaging’s IPO has a total issue size of 2,58,52,941 shares, aggregating to ₹439.5 crore.

• Fresh issue: 2,23,52,941 shares, aggregating to ₹380 crore
• Offer for sale (OFS): 35,00,000 shares, aggregating to ₹59.5 crore

As described, the company is raising funds through the fresh issue, while the OFS represents shares sold by promoters.

Reservation for QIB, NII, and retail investors

The IPO includes the standard allocation framework across investor categories. The issue has reserved:

• Not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIBs)
• Not less than 15% for Non-Institutional Investors (NIIs)
• Not less than 35% for Retail Individual Investors

This distribution is intended to balance institutional participation with access for non-institutional and retail applicants.

Employee reservation and discount

Knack Packaging has also reserved shares worth ₹2 crore for employees. Employees will be offered shares at a discount of ₹16 to the final offer price. This is a separate allocation specifically mentioned for eligible employee applicants.

Valuation indicated at the upper price band

At the upper end of the price band, the IPO is expected to value the company at ₹2,080 crore. This valuation is based on the issue details as described for the offer priced at the top end.

How the issue was scaled down versus earlier plans

The issue structure has been scaled down from earlier plans disclosed in the company’s filings. As per the Draft Red Herring Prospectus filed with SEBI in September 2025, the fresh issue was earlier proposed at ₹475 crore and the OFS was earlier proposed at 70 lakh shares.

The article also notes that SEBI approved the IPO papers in December 2025, with a specific mention of approval received on December 26, 2025.

Intermediaries and listing venue

The shares are proposed to be listed on BSE and NSE. The registrar named is MUFG Intime India Pvt. Ltd. The lead managers line includes IDBI Capital Markets (listed as part of the lead manager group in the provided details).

Key IPO facts at a glance

What investors typically track next

With the price band and schedule in place, the next operational milestones are the anchor allocation (June 30) and then the three-day public subscription window. Post closure, attention usually shifts to the basis of allotment (July 6), followed by refund initiation and demat credit (July 7), and the expected listing (July 8).

The IPO details also mention a bidding cut-off time of 5 PM on the bid or offer closing date.

Conclusion

Knack Packaging’s IPO is set to open on July 1, 2026, with a ₹161-₹170 price band, ₹439.5 crore total issue size, and an 88-share lot. The next confirmed step is the anchor allocation on June 30, 2026, ahead of the issue opening and the tentative July 8, 2026 listing on BSE and NSE.