Upcoming IPO: Knack Packaging
Gujarat-based Knack Packaging has taken a significant step towards its public debut by filing preliminary draft papers with the Securities and Exchange Board of India (Sebi) on September 4, 2025. This move signals the company’s intent to raise capital through the Indian stock market, marking an exciting opportunity for investors.
Knack Packaging IPO Details
Knack Packaging Ltd is set to offer a book-built public issue that includes a fresh issue of equity shares with a face value of ₹10 each, amounting to ₹475 crore. Additionally, the company plans to include an offer for sale (OFS) component of up to 70 lakh equity shares. However, the total amount the company aims to raise through this public issue has not yet been disclosed.
The promoters of the IPO include Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, and Rashminbhai Tulsibhai Patel, who are selling stakeholders in this public offering. Other members of the promoter group, such as Tulsibhai Keshavlal Patel and Dharmisthaben Pravinbhai Patel, are also involved in the sale.
The funds raised from the fresh issue will primarily be directed towards capital expenditure, specifically for establishing a new manufacturing facility in Borisana, Gujarat. The remaining funds will be allocated for general corporate purposes.
The book-running lead managers for this public issue are Systematix Corporate Services, IDBI Capital Markets & Securities, and Pantomath Capital Advisors. MUFG Intime India Private Limited will serve as the registrar to the offer.
About Knack Packaging
Knack Packaging is a prominent packaging solutions provider based in Ahmedabad, Gujarat. The company specializes in producing Printed and Laminated Woven Polypropylene (PLWPP) bags, including pinch-bottom bags, catering to various sectors such as food products and pet foods.
According to the company’s website, "We use the most excellent quality materials to make printed laminated PP woven bags that meet industry standards and regulations. Our bags are known for their perfect finish, long-lasting build, high quality, and lightweightness."
As of March 31, 2025, Knack Packaging reported a revenue from operations of ₹736.49 crore, with a net profit of ₹73.81 crore. The company’s net worth stood at ₹214.70 crore during the same period, showcasing its robust financial health and growth potential.
Conclusion
The upcoming IPO of Knack Packaging presents an intriguing opportunity for investors looking to tap into the growing packaging industry in India. With a solid financial foundation and plans for expansion, the company is well-positioned to leverage the capital raised through this public offering. As always, potential investors are advised to conduct thorough research and consult with financial experts before making investment decisions.
This IPO not only reflects the company’s growth ambitions but also highlights the increasing interest in the Indian stock market, especially in sectors that cater to essential consumer needs. As the date for the public offering approaches, market watchers will be keen to see how Knack Packaging’s shares perform and what this means for the broader market landscape.