Knack Packaging shares are scheduled to list on the Bombay Stock Exchange and National Stock Exchange on Wednesday, July 8, marking the culmination of an initial public offering that has drawn significant retail interest.
The packaging solutions provider, which priced its equity shares within a band of ₹161 to ₹171, is now poised for its first day of trading after the subscription window closed on July 3.
Unofficial grey market trading is indicating a robust premium ahead of the listing, suggesting that demand from individual investors remains a key driver in India’s current IPO cycle.
This sentiment aligns with the broader trend of oversubscription seen in recent Indian listings, where retail appetite has frequently pushed grey market valuations well above issue prices.
The listing follows a period of heightened activity in the Indian primary market, with multiple companies including Advit Jewels and Avience Biomedicals reporting massive oversubscription in their respective offerings.
Knack Packaging’s debut will be watched closely as a barometer for continued retail enthusiasm in the consumer-facing sectors.
Traders will focus on the opening price action to gauge whether the grey market premium holds firm or if profit-taking emerges among early subscribers.