Mumbai, July 1 -- The initial public offer of Knack Packaging received bids for 4,92,46,296 shares as against 1,89,64,018 shares on offer, according to stock exchange data at 17:00 IST on Wednesday (1 July 2026). The issue was subscribed 0.24 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. An investor can bid for a minimum of 88 equity shares and in multiples thereof.

IPO comprises 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 higher price band of Rs 170. Promoter group members will offload a part of their stake in the OFS.

Knack Packaging will utilise Rs 320 c...