Knack Packaging Ltd’s initial public offering opened for subscription on July 1, with the issue remaining live until July 3, 2026. The packaging solutions provider has priced its equity shares within a band of ₹161 to ₹170 per share.
Early market indicators suggest robust investor interest.
This jump implies a potential listing gain of nearly 9% above the upper price band, signaling that demand may outstrip supply in the opening days.
The grey market premium (GMP) has climbed sharply from ₹5 to ₹15, according to market observers.
This jump implies a potential listing gain of nearly 9% above the upper price band, signaling that demand may outstrip supply in the opening days.
The company is raising nearly ₹1,000 crore through the issue, aiming to fund expansion and strengthen its balance sheet.
As a key player in the Indian packaging sector, Knack’s debut is being watched closely by investors tracking the consumer goods supply chain.
Subscribers will have until July 3 to apply.