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Knack Packaging IPO Allotment Today!
6 Jul
Summary
- Knack Packaging IPO allotment is expected today, July 6, 2026.
- The IPO was oversubscribed 83.33 times by investors.
- The estimated listing price suggests a 10% premium over the issue price.
The integrated packaging solutions provider, Knack Packaging Ltd, anticipates finalizing its IPO allotment today, July 6, 2026. The public issue, which opened for subscriptions from July 1 to July 3, garnered substantial investor demand, achieving an overall subscription of 83.33 times. Retail investors subscribed 20.07 times, while non-institutional investors subscribed 139.81 times, and qualified institutional buyers subscribed 154.34 times.
Following the allotment finalization, equity shares will be credited to the demat accounts of eligible investors on July 7, with refunds initiated for unsuccessful applicants on the same day. The IPO listing is scheduled for July 8, 2026. Current market sentiment, indicated by the grey market premium (GMP), suggests an estimated listing price of ₹187 per share, a 10% increase from the issue price of ₹170.
The company successfully raised ₹439.50 crore through this public issue. This amount comprises a fresh issue of 2.24 crore equity shares valued at ₹380 crore and an offer-for-sale (OFS) of 35 lakh shares worth ₹59.50 crore. Investors can check their allotment status online via the BSE and NSE websites, or through the registrar MUFG Intime India's portal, by using their application number or PAN.
