Knack Packaging Limited, one of the largest manufacturers and exporters of PP/HDPE Woven Sacks and BOPP Laminated PP Woven Bags, plans to raise ₹440 crore through an IPO.
[Fresh Issue ₹380 Cr + OFS ₹60 Cr]
Knack Packaging IPO price: ₹161 – ₹170 per share.
Knack Packaging: History
The Company was originally incorporated as Knack Packaging Private Limited under the Companies Act, 1956, on March 4, 2013.
The Company was then converted into a public limited company on June 7, 2025, under a special resolution passed by the shareholders.
Its name was subsequently changed to Knack Packaging Limited, and a fresh certificate of incorporation was issued by the RoCs on June 23, 2025.
Knack Packaging: Business
Knack Packaging Ltd is one of the leading, integrated, innovation-oriented, export-led, and sustainable-oriented packaging solutions providers in India.
The Company offers a diverse range of packaging solutions, including Printed and Laminated Woven Polypropylene (PLWPP) bags and PLWPP Pinch Bottom bags.
All these products are customized high-strength packaging solutions for a wide range of sectors, including food and pet food.
According to the Technopak Report, Knack Packaging holds 10.1% market share in the Indian market for flexible bulk PLWPP bags, including PLWPP pinch-bottom bags, in Fiscal 2025.
The Company also provides add-on solutions such as circular & back seam construction, half, full & register window, zig-zag cut, heat-cut & blade cut, etc., providing clients with enhanced and customized packaging options.
The key industries that the company serves include grains and pulses, flour & spices, sugar, salts, fruits & nuts, animal & pet foods, agriculture, seeds, charcoal, detergent powders & granules, fertilizers, chemicals, cement, tile adhesives, building materials, mineral bags, etc.
As on May 31, 2026, Knack Packaging has developed over 73,000+ printing cylinders, handled 13,379 SKUs, and maintained a 92,065.47 sq. ft. warehouse for storage, enabling consistent quality for more than 1,950+ clients worldwide.
Client List
The Company has been serving top brands under a B2B2C model.
Some of the top Indian clients are Baba Agro Food Limited, Drools Pet Food Private Limited, KRBL Limited, Ebro India Private Limited, Shriram Woven Sacks, and DCM Shriram Limited.
It also caters to international brands across 68 countries, like Cristo S.A., Sacos y Empaques Internacionales S.A. de C.V., Cargill and Repi Soap and Detergent PLC.
Manufacturing Facilities
The Company has manufacturing facilities in Gujarat, India, covering a net land area of 1.12 million sq. ft., with aggregate installed capacity of 43,300 MTPA and capacity utilization of 81.6% in FY 26.
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Strategies Ahead
- Expand production capacity and strengthen manufacturing capabilities.
- Drive growth through focus on new product categories.
- Capitalizing on Growing Demand for PLWPP Bags.
- Transitioning towards sustainable business practices.
- Increase exports and focus on new high-growth end-user industries.
- Focus on automation, artificial intelligence, and machine learning capabilities.
Company Promoters
- Alpesh Tulsibhai Patel,
- Pravinkumar Ambalal Patel,
- Rashminbhai Tulsibhai Patel.
Refer to Knack Packaging DRHP for more information.
IPO Details
ipo date: 1 July – 3 July 2026
Minimum Amount: ₹14,960
Minimum Bid: 88 Shares
Face Value: INR 10 per share
Listing On: NSE, BSE
Financial
Book Running Lead Managers
Systematix Corporate Services
IDBI Capital Markets
PantomathCapital Advisors
CONCLUSION
Considering financial performance and the nature of the business in mind, FinBlab recommends ‘SUBSCRIBE‘ ratings (keeping a long-term view in mind) on Knack Packaging Ltd IPO.
Do come back to learn more about “upcoming IPOs”.
Disclaimer: This article is purely for informational purposes.
While much time and effort is made to provide the information, I (Vishal Dalwadi) or (FinBlab) do not guarantee the accuracy, correctness, completeness or reliability of any information or data displayed herein and shall not be held responsible.