About
Knack Packaging Limited is a packaging company that manufactures and supplies specialised flexible packaging products for customers across India and international markets. The company primarily produces woven polypropylene (PP) packaging solutions, including printed and laminated woven PP bags, pinch bottom bags, BOPP laminated bags, woven fabrics, HDPE/PP tapes and other customised packaging products. These products cater to end-user industries such as pulses, rice, lentils, fertilisers, pet food and other industrial applications. Knack Packaging operates multiple manufacturing facilities in Gujarat and also has a subsidiary in South Africa that imports and sells its products. The company generates revenue through the manufacture and sale of its packaging products and continues to expand its product portfolio to meet evolving customer requirements. Its business is supported by a diversified customer base, product customisation capabilities and a presence across multiple end-use industries.
IPO schedule
| Issue open date | 2026-07-01 |
| Issue close date | 2026-07-03 |
| UPI mandate deadline | 2026-07-03 (5 PM) |
| Allotment finalization | 2026-07-06 |
| Refund initiation | 2026-07-07 |
| Share credit | 2026-07-07 |
| Listing date | 2026-07-08 |
| Mandate end date | 2026-07-18 |
| Lock-in end date for anchor investors (50%) | 2026-08-02 |
| Lock-in end date for anchor investors (remaining) | 2026-10-31 |
Financials
| Financial Year Ended | March 2024 | March 2025 | March 2026 |
| Total Assets | 379.38 | 449.36 | 595.25 |
| Revenue | 659.01 | 747.38 | 843.77 |
| Profit After Tax | 45.98 | 73.81 | 92.72 |
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 439.50 |
| Fresh Issue - Proceeds go to the company | 380 |
| Offer for sale - Proceeds go to the existing investors | 59.50 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Set up a new manufacturing facility at Borisana, Kadi, Mehsana, Gujarat | 320 (84.21%) |
| General corporate purposes | 60 (15.79%) |
Strengths
- Offers a diversified portfolio of specialised flexible packaging products for multiple end-use industries.
- Operates four manufacturing facilities with export presence supported by a South African subsidiary.
- Does not depend on a limited number of suppliers or customers for its overall operations.
- Focuses on sustainable manufacturing through renewable energy, recycled materials and wastewater recycling.
- Has received multiple industry recognitions for exports and packaging innovation.
Risks
- A significant portion of revenue comes from existing and a few key customers, and the loss of these customers may impact the business.
- The company relies on key raw material suppliers without long-term contractual arrangements.
- Delays or cost overruns in setting up the new manufacturing facility could affect growth and financial performance.
- Insurance coverage may not fully protect against losses from events such as product liability, terrorism or loss of profits.
- The registered office and some manufacturing facilities are on leased premises, and failure to renew or relocate could affect operations.
Allotment Status for Knack Packaging
To check your IPO allotment status:
- Visit the MUFG Intime India IPO Application Status page.
- Select the company name from the dropdown menu.
- Select and enter one of the following: PAN, Application Number, DP/Client ID, or Account Number/IFSC.
- Click Submit to view your allotment status.