Upcoming IPO: Gujarat-based Knack Packaging filed its preliminary draft papers with the capital markets regulator, the Securities and Alternate Board of India (Sebi), on Thursday, 4 September 2025.
The corporate goals to boost funds from the Indian inventory market via a mix of a recent concern of fairness shares and a proposal on the market (OFS) part.
Knack Packaging IPO particulars
Knack Packaging Ltd is providing a book-built public concern comprising a mix of a recent concern of fairness shares of a face worth of ₹10 apiece, amounting to ₹475 crore, together with a proposal on the market (OFS) part of as much as 70,00,000 or 70 lakh fairness shares, based on the draft papers.
Nonetheless, the corporate has not disclosed the whole quantity of the general public concern it goals to boost from the Indian inventory market.
Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, and Rashminbhai Tulsibhai Patel are the promoters promoting stakeholders of the general public concern, whereas others like Tulsibhai Keshavlal Patel, Patel Kamlesh Ambalal, Dharmisthaben Pravinbhai Patel, Shital Alpesh Patel, Divyaben Rashminkumar Patel, Shitalben Kamlesh Patel, and Patel Jay Pravinkumar are the promoter group and others promoting stakeholders within the IPO.
In accordance with the submitting information, the corporate goals to make use of ₹435 crore out of the recent concern to fund its capital expenditure in the direction of organising a brand new manufacturing facility at Borisana, Gujarat. The remainder of the funds shall be utilised for common company functions.
Systematix Company Providers, IDBI Capital Markets & Securities, and Pantomath Capital Advisors are the book-running lead managers of the general public concern, whereas MUFG Intime India Personal Restricted (previously often called Hyperlink Intime India Personal Restricted) is the registrar to the provide.
About Knack Packaging IPO
Knack Packaging is a packaging options supplier primarily based in Ahmedabad, Gujarat. Its portfolio consists of Printed and Laminated Woven Polypropylene (PLWPP) luggage and PLWPP pinch-bottom luggage, as the corporate caters to a number of sectors like meals merchandise and pet meals.
“We use essentially the most wonderful high quality supplies to make printed laminated PP woven luggage with the industry-set requirements and rules. Our luggage are recognized for his or her good end, long-lasting construct, prime quality, and lightweightness,” based on the corporate web site.
In accordance with the preliminary draft papers, Knack Packaging’s income from operations stood at ₹736.49 crore, whereas the web revenue was at ₹73.81 crore as of 31 March 2025. The corporate’s internet price was at ₹214.70 crore as of the identical interval.
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