Knack Packaging IPO ends with 83.33 times subscription
Mumbai, July 6 -- The initial public offer of Knack Packaging received bids for 1,58,02,78,040 shares as against 1,89,64,018 shares on offer. The issue was subscribed 83.33 times.
The qualified institutional buyers (QIBs) portion was subscribed 154.34 times The non-institutional investors (NII) category was subscribed 139.81 times and the retail individual investors category was subscribed 20.07 times.
The issue opened for bidding on 1 July 2026 and it will close on 3 July 2026. The price band of the IPO is fixed between Rs 161 and 170 per share.
The IPO comprised a fresh issue of Rs 380 crore and an offer-for-sale (OFS) of up to 35,00,000 equity shares worth up to Rs 59.5 crore at the higher price band of Rs 170. Promoter group member...
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