Knack Packaging has fixed the price band for its initial public offering at ₹161 to ₹170 per equity share, aiming to raise ₹440 crore.
The issue opens for public subscription on July 1, marking the company’s debut on Indian stock exchanges.
The pricing range sets the stage for the packaging solutions provider to tap public capital markets.
The offering is expected to attract interest from investors seeking exposure to the domestic packaging sector, which has seen steady growth driven by e-commerce and consumer goods demand.
According to Hindu Businessline, the company’s management team, including Chairman and Managing Director Alpesh Tulsibhai Patel, is overseeing the listing process.
The IPO will allow existing shareholders to exit partially while providing the company with fresh capital for expansion.