🔥 Trending Knack Packaging IPO: Key Details and Subscription Information

Knack Packaging Limited's Initial Public Offering (IPO) has recently concluded, with the offering period running from July 1, 2026, to July 3, 2026 ⁷. The company aimed to raise approximately ₹439.50 crore through this IPO ⁷¹⁰.

IPO Structure and Funding

The IPO consisted of a fresh issue of 2.24 crore equity shares, totaling ₹380 crore, and an offer for sale (OFS) of up to 35,00,000 equity shares ⁷¹⁰. The funds raised from the fresh issue are intended for capital expenditure and general corporate purposes ¹⁰.

Ahead of the IPO opening, Knack Packaging successfully raised ₹131.25 crore from anchor investors. This anchor book saw significant participation from a diverse group of investors, including domestic mutual funds, insurance companies, alternative investment funds (AIFs), and foreign institutional investors ⁹.

Grey Market Premium (GMP)

The Grey Market Premium (GMP) for Knack Packaging IPO has shown some fluctuations.

• On July 5, 2026, the latest available GMP was ₹19 per share, representing an 11% premium over the upper price band of ₹170. This indicated an estimated listing price of ₹189 (₹170 + ₹19 GMP) ¹. It was noted that the GMP fell by ₹1 from the previous recorded quote on this date ¹.
• Earlier, on July 3, 2026, the GMP stood at ₹35, suggesting an estimated listing price of ₹205 and a potential gain of 20.59% ⁴.
• The GMP also reached a high of ₹29 on July 1, 2026 ⁸.

Investors often monitor GMP as an unofficial indicator of market sentiment and potential listing gains, although it is not a formal market indicator ⁵⁸.

Key Details

• Issue Dates: July 1, 2026 - July 3, 2026 ⁷.
• Issue Type: Bookbuilding Issue ⁷.
• Total Issue Size: Approximately ₹439.50 crore ⁷¹⁰.
• Fresh Issue: ₹380 crore ⁷¹⁰.
• Offer for Sale: Up to 35,00,000 equity shares ⁷¹⁰.

Further details regarding the IPO, including the listing date, allotment status, and subscription figures, are being closely watched by investors ²³⁵.