Archive · 5 Sep 2025
Knack Packaging Files IPO to Raise ₹475 Crore
Knack Packaging, a packaging company, is planning to sell shares to the public through an IPO to get money.
The company has submitted initial documents to the Securities and Exchange Board of India (SEBI) for approval.
They aim to raise ₹475 crore.
Most of the money, about ₹435 crore, will be used to build a new factory in Gujarat.
Knack Packaging makes bags for various industries, including food and pet food.
The shares will be sold on the Indian stock market, allowing people to buy and sell them.
The company's revenue was ₹736.49 crore in FY25.
Knack Packaging filed for an IPO to raise ₹475 crore.
The IPO includes a fresh issue and an offer for sale of equity shares.
₹435 crore from the fresh issue will fund a new manufacturing facility in Gujarat.
The company's revenue from operations stood at ₹736.49 crore as of March 31, 2025.
Systematix Corporate Services, IDBI Capital Markets & Securities, and Pantomath Capital Advisors are the book-running lead managers.
- Who
- Knack Packaging
- What
- Filed draft papers for an IPO
- When
- September 4, 2025
- Where
- India
- Why
- To raise funds for expansion and general corporate purposes.
- Company
- Knack Packaging
- IPO Amount
- ₹475 crore
- Use of Funds
- New manufacturing facility and general corporate purposes
- Facility Location
- Borisana, Gujarat
- Revenue (FY25)
- ₹736.49 crore
- Net Profit (FY25)
- ₹73.81 crore
- Net Worth (FY25)
- ₹214.70 crore
- Lead Managers
- Systematix Corporate Services, IDBI Capital Markets & Securities, Pantomath Capital Advisors
