Knack Packaging IPO Subscribed 85.62 Times on Day 3

Knack Packaging Limited's initial public offering (IPO) closed its three-day subscription window with exceptional investor interest, reaching 85.62 times overall subscription by 4:47 PM on Day 3 (July 3, 2026). The ₹439.50 crore book-build issue, priced at ₹161 to ₹170 per share, received bids for 1,55,25,61,560 shares against 1,81,32,354 shares on offer, with total applications reaching 19,71,889.

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Subscription Status of Knack Packaging IPO

Here are the subscription details for Knack Packaging IPO Day 3, as of 5:04 PM:

Key Highlights – Day 3

• Overall subscription surged to 85.62 times on the final day, from Day 2's 7.56 times, driven by a sharp last-day surge in institutional demand.
• Qualified institutional buyers (ex-anchor) led at 160.22 times, surging from Day 2's 3.61 times, indicating massive institutional interest concentrated on the closing day of this integrated packaging solutions IPO.
• Non-institutional investors recorded strong participation at 139.81 times, surging from Day 2's 20.16 times, with bNII at 163.91 times and sNII at 111.81 times.
• Retail investors improved to 20.90 times from Day 2's 4.46 times.
• Employee category improved to 9.81 times from Day 2's 4.01 times.
   

Key Highlights – Day 2

• Overall subscription surged to 7.52 times, from Day 1's 2.72 times, driven by a sharp acceleration in NII demand on Day 2.
• Non-institutional investors led at 20.09 times, surging from Day 1's 5.13 times, with bNII at 21.21 times and sNII at 17.83 times, reflecting exceptional HNI demand for this integrated packaging solutions IPO.
• Retail investors improved to 4.42 times from Day 1's 1.38 times.
• Qualified institutional buyers (ex-anchor) improved marginally to 3.61 times from Day 1's 3.27 times.
• Employee category improved to 3.99 times from Day 1's 2.21 times.

Key Highlights – Day 1

• Overall subscription crossed full subscription strongly at 2.72 times on Day 1 (July 1, 2026), reflecting strong initial investor interest in this integrated packaging solutions IPO.
• Non-institutional investors led with strong demand at 5.13 times on the opening day, with bNII at 5.77 times and sNII at 3.86 times, reflecting strong HNI appetite for this export-oriented packaging company.
• Qualified institutional buyers (ex-anchor) recorded strong opening participation at 3.27 times on Day 1.
• Employee category crossed full subscription at 2.21 times, with employees eligible for a discount of ₹16 per share on the issue price.
• Retail investors crossed full subscription at 1.38 times on Day 1.

About Knack Packaging Limited

Incorporated in 2013, Knack Packaging Limited is an integrated packaging solutions provider manufacturing printed and laminated woven polypropylene bags for industries including food, pet food, agriculture, fertilisers, building materials, and chemicals. The company held approximately 10.1% share of the Indian flexible bulk PLWPP bag market in fiscal 2025 and exports to 68 countries, with the United States, Mexico, and South Africa contributing 35.19% of total exports. As of May 31, 2026, it had developed over 73,000 printing cylinders, handled 13,379 SKUs, and served more than 1,950 customers worldwide.