Knack Packaging IPO
Knack Packaging Limited (KNACK) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 08 July 2026.
Issue details
Listing day
Back-tested estimate (from a model that had only seen earlier years' IPOs): listing gain +35.5% (likely range +3% to +54%), day's high +44.5%, chance of a gain 82%. Actual: +10.6% at the open, +12.9% at the high.
Subscription status
| Category | Shares offered | Shares bid for | Subscribed | |
|---|---|---|---|---|
| QIB (institutions) | 53,36,957 | 82,37,07,192 | 154x | |
| NII (HNI) total | 40,46,739 | 56,57,92,040 | 140x | |
| Big NII (above ₹10 lakh) | 26,97,826 | 42,16,22,960 | 156x | |
| Small NII (₹2-10 lakh) | 13,48,913 | 14,41,69,080 | 107x | |
| Retail | 94,42,391 | 18,95,00,872 | 20.1x | |
| Employees | 1,37,931 | 12,77,936 | 9.27x | |
| Total | 1,89,64,018 | 1,58,02,78,040 | 83.3x |
Bids on NSE and BSE together, as published by NSE, as of 03 Jul 2026, 07:00 PM. Shares offered exclude the anchor portion. 10% of all shares bid for were at the cut-off price.
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Knack Packaging's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| SanstarJul 2024 | 146x | 136x | 24.2x | 83.0x | ₹510 Cr | +14.7% | +35.6% |
| GK EnergySep 2025 | 186x | 123x | 20.8x | 89.6x | ₹484 Cr | +11.8% | +14.2% |
| MidwestOct 2025 | 140x | 168x | 24.3x | 87.9x | ₹474 Cr | +9.4% | +11.7% |
| Enviro Infra EngineersNov 2024 | 157x | 154x | 24.5x | 89.9x | ₹650 Cr | +48.6% | +57.9% |
| Interarch Building ProductsAug 2024 | 205x | 128x | 19.1x | 93.5x | ₹595 Cr | +44.3% | +46.1% |
| DEE Development EngineersJun 2024 | 202x | 144x | 23.4x | 99.6x | ₹431 Cr | +67.0% | +80.2% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| Systematix Corporate Services | 11 | +11.4% | 45% |
| IDBI Capital Markets and Securities | 4 | +52.8% | 75% |
| Pantomath Capital Advisors | 19 | +20.0% | 79% |
Offer documents (NSE)
Frequently asked
What is the Knack Packaging IPO price band and lot size? ₹161–170 per share, with a lot of 88 shares, so the smallest retail bid is ₹14,960.
How many times has it been subscribed? 83.3x overall: QIB 154x, NII 140x, retail 20.1x, employees 9.27x.
How did it list? It opened at ₹188, +10.6% against the issue price of ₹170, and closed its first day +7.6%.
