Knack Packaging shares set to list on BSE, NSE on July 8; grey market premium points to Rs 186 debut
Knack Packaging's IPO is set to list on July 8 after an 83.33x subscription and a grey-market premium implying a ~10% debut premium. The news signals strong India primary-market risk appetite, supported by reported FY26 revenue and profit growth and capex plans for a Gujarat plant. However, as a single-company listing event, broader cross-asset spillover is likely limited in the near term.
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Knack Packaging shares are scheduled to list on the BSE and NSE on July 8 after its IPO was subscribed 83.33 times. Grey market trades imply a premium of about Rs 16 per share, indicating a potential listing price of Rs 186, around 10% above the issue’s upper band of Rs 170. The company makes printed and laminated woven polypropylene (PLWPP) bags and plans to use proceeds to build a new plant in Gujarat.