Knack Packaging IPO: Issue Subscribed 0.26x on Day 1

Mumbai, July 1: Following the opening of the subscription period, Knack Packaging IPO was subscribed 0.26 times by 10:39 AM on Wednesday. The book-built public issue opened for bidding today and will remain available for subscription until July 3, 2026.

The ₹439.50 crore IPO comprises a fresh issue of 2.24 crore equity shares aggregating to ₹380 crore and an offer for sale of 35 lakh equity shares aggregating to ₹59.50 crore. The company has fixed the price band at ₹161 to ₹170 per share, while investors can bid in lots of 88 shares.

Knack Packaging IPO Day 1 Subscription Status

• Overall: 0.26x
• QIB (Ex-Anchor): 0.06x
• NII: 0.60x
• bNII (> ₹10 lakh): 0.69x
• sNII (< ₹10 lakh): 0.42x
• Retail: 0.22x
• Employee: 0.75x
• Applications Received: 18,485

NII investors accounted for the highest demand during the opening session, followed by the employee portion. Retail participation remained below one time, while the QIB (Ex-Anchor) category also witnessed limited bidding in early trade.

Day-wise Subscription Trend

• Day 1 (10:39 AM): Overall 0.26x | QIB 0.06x | NII 0.60x | Retail 0.22x | Employee 0.75x

Knack Packaging IPO Details

• Issue Size: ₹439.50 crore
• Fresh Issue: 2.24 crore equity shares (₹380 crore)
• Offer for Sale: 35 lakh equity shares (₹59.50 crore)
• Price Band: ₹161 to ₹170 per share
• Lot Size: 88 shares
• Issue Type: Bookbuilding IPO
• Listing: BSE and NSE

Important Dates

• IPO Opens: July 1, 2026
• IPO Closes: July 3, 2026
• Tentative Allotment: July 6, 2026
• Refunds: July 7, 2026
• Shares Credited: July 7, 2026
• Tentative Listing: July 8, 2026

About Knack Packaging Ltd.

Knack Packaging Ltd. manufactures packaging products and serves customers across multiple industries. The company is launching the public issue through a combination of a fresh issue and an offer for sale to support its growth plans and provide an exit opportunity to existing shareholders.

Conclusion

Knack Packaging IPO has made a measured start on the opening day, with the issue subscribed 0.26 times by late morning. NII investors have shown the strongest interest so far, while retail and QIB participation is expected to build over the remaining subscription period before the issue closes on July 3, 2026.

Source:

• https://www.chittorgarh.net/reports/anchor-investor/anchor-intimation-knack-packaging-ipo-list.pdf