✅ Subscribe
Listed
Packaging
Knack Packaging Limited IPO
₹439 Cr · Fresh Issue & OFS · Packaging
Price Band
₹161 – ₹170
Lot: 1200 shares (₹204,000)
GMP (Grey Market)
₹8 (+8.25%)
Est. listing ₹178
Issue Size
₹439 Cr
Fresh Issue & OFS
Market Cap
₹2079.99 Cr
At upper band
P/E Ratio
22.4x
P/S: 2.5x
Listing Date
08 Jul 2026
BSE & NSE
IPO Timeline
✓
Opens
01 Jul 2026
✓
Closes
03 Jul 2026
✓
Allotment
6 Jul 2026
✓
Refund
7 Jul 2026
✓
Listing
08 Jul 2026
IPO India Hub Recommendation: Subscribe
The company shows solid earnings and a healthy profit margin, making it attractive for new investors. However, its performance could be hurt by fluctuations in raw material costs, which remain a key risk.
Our Analysis — Key Points
✓ Strength
Strong revenue growth in packaging sector
The company generated over ₹823 crore in revenue last fiscal year, indicating strong demand for its packaging solutions. Its scale allows it to serve a wide range of customers across industries.
✓ Strength
Consistent profitability supports cash generation track
Net profit of ₹92.7 crore reflects a healthy margin for a packaging firm. Consistent earnings give the company room to fund expansion without heavy reliance on external debt.
⚠ Risk
Exposure to raw material price volatility
Packaging inputs such as polymers are subject to global price swings, which can compress margins if costs rise faster than product pricing. Managing this volatility will be crucial for sustaining profitability.
$ Valuation
Valuation reflects moderate multiple metrics today
The company trades at a P/E of 22.4x and a P/S of 2.5x, which are modest compared with many peers in the sector. With a market cap of about ₹2,080 crore, the pricing band of ₹161‑₹170 per share appears fairly aligned with its earnings and sales profile.
Top Analyst Reviews
| Analyst / Firm | Rating | Known For | Review |
|---|---|---|---|
| IPO India Hub Our independent review |
Original analysis based on DRHP & public financials | This page | |
| Dilip Davda Chittorgarh.com |
India's most followed independent IPO analyst | Search on Chittorgarh → | |
| Capital Market (CM Rating) CapitalMarket.com |
Widely-cited "New Issue Monitor" reports | Search on CapitalMarket → | |
| ICICI Securities ICICIdirect Research |
SEBI-registered broker research desk | Visit ICICIdirect → | |
| IPO Guru Analyst Leaderboard ipoguru.in |
Ranks 49 analysts by real IPO outcome accuracy | View leaderboard → |
External links go to each platform's IPO section — search for "Knack Packaging Limited" to find the specific review. IPO India Hub does not represent the accuracy of third-party ratings.
Company Snapshot
Revenue
₹823.43 Cr
Net Profit
₹92.72 Cr
Industry
Packaging
Issue Type
Fresh Issue & OFS
Promoters
ALPESH TULSIBHAI PATEL, PRAVINKUMAR AMBALAL PATEL AND RASHMINBHAI TULSIBHAI PATEL
Lead Managers
Systematix Corporate Services, IDBI Capital Markets and Pantomath Capital Advisors
Quick Actions