• OPEN AN ACCOUNT
A+| A| A-|
Indian Indices
Sensex
76,954.35 450.75
( 0.59%)
Global Indices
Nasdaq
52,357.11 -589.04
(-1.11%)
Dow Jones
7,503.65 -21.20
(-0.28%)
Hang Seng
67,213.51 -1,043.45
(-1.53%)
Nikkei 225
10,469.05 -196.83
(-1.85%)
Forex
USD-INR
95.15 -0.21
(-0.22%)
EUR-INR
108.73 -0.26
(-0.24%)
GBP-INR
127.27 -0.11
(-0.09%)
JPY-INR
0.59 0.00
(-0.14%)

IPO Synopsis

  • YOU ARE HERE :
  • HOME breadcrum-arrow
  • IPO Synopsis

IPO

Knack Packaging Ltd
Initial public offering of 25,865,164 equity shares of face value of Rs. 10 each ("Equity Shares") of Knack Packaging Limited ("The Company" or the "Issuer") for cash at a price of Rs. 170 per equity share (including a premium of Rs. 160 per equity share) ("Offer Price"), aggregating up to Rs. 439.5 Crores, comprising of a fresh issue of 22,365,164 equity shares, aggregating to Rs. 380.00 Crores (the "Fresh Issue") and an offer for sale of 3,500,000 equity shares, aggregating to Rs. 59.5 Crores ("Offered Shares") ("Selling Shareholders" and individually the "Selling Shareholder") comprising 675,750 equity shares aggregating to Rs. 11.49 Crores by Alpesh Tulsibhai Patel, comprising up to 300,000 equity shares aggregating to Rs. 5.1 Crores by Pravinkumar Ambalal Patel, comprising up to 675,750 equity shares aggregating to Rs. 11.49 Crores by Rashminbhai Tulsibhai Patel, comprising 362,000 equity shares aggregating to Rs. 6.15 Crores by Tulsibhai Keshavlal Patel, comprising 307,500 equity shares aggregating to Rs. 5.23 Crores by Patel Kamlesh Ambalal, comprising up to 125,000 equity shares aggregating to Rs. 2.13 Crores by Dharmisthaben Pravinbhai Patel, comprising 298,250 equity shares aggregating to Rs. 5.07 Crores by Shital Alpesh Patel, comprising 298,250 equity shares aggregating to Rs. 5.07 Crores by Divyaben Rashminkumar Patel comprising 170,000 equity shares aggregating to Rs. 2.89 Crores by Patel Jay Pravinkumar, comprising 287,500 equity shares aggregating to Rs. 4.89 Crores by Shitalben Kamlesh Patel (such sale, the "Offer For Sale", and together with the fresh issue, the "Offer"). The offer includes a reservation of up to 129,870 equity shares of face value of Rs.10/- each, aggregating up to Rs. 2.00 Crores (constituting up to 0.11% of the post-offer paid-up equity share capital) for subscription by eligible employees ("Employee Reservation Portion"). The company, in consultation with the selling shareholders and the book running lead managers ("BRLMS") offered a discount of 9.41% (equivalent of Rs. 16 per equity share) of the offer price to eligible employees bidding in the employee reservation portion ("Employee Discount"), subject to necessary approvals as may be required. The offer less the employee reservation portion is hereinafter referred to as the "Net Offer". The offer and the net offer shall constitute 21.14% and 21.03% of the post-offer paid-up equity share capital of the company, respectively. Price Band: Rs. 170/- per equity share bearing face value of Rs. 10 each. The floor price is 17.00 times of the face value of the equity shares. Bids can made for a minimum of 88 equity shares of face value of Rs. 10 each and in multiples thereof. A discount of Rs. 16 per equity share is being offered to eligible employees bidding in the employee reservation portion.
Issue
Opens On Closes On
01-Jul-26 03-Jul-26
Money Payable On
Application Allotment
170.00 0.00
Minimum Application for shares in Nos : 88 Further Multiples of : 88
Cr Lead Managers to the Issue
Project Cost (.Cr) 351.15 IDBI Capital Markets & Securities Limited
Project Financed through Current Offer (.Cr) 439.50  
Post Issue Equity Share Capital (.Cr) 122.37
Issue Price () 170.00
Projects
Partial funding of capital expenditure towards setting up of new manufacturing facility at Borisana situated at Kadi, Mehsana,
General corporate purposes
Promoted By
Alpesh Tulsibhai Patel
Pravinkumar Ambalal Patel
Rashminbhai Tulsibhai Patel
Listing At
BSE
NSE
Registrar to the Issue
MUFG Intime India Pvt Ltd