Registered Office:
330/A Kalasagar Shopping Hub,Satadhar Cross Road Ghatlodiya,
Ahmedabad - 380061,
Gujarat, India.
Phone : +91 99251 71483
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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.
Opens On
Closes On
Application
Allotment
01-Jul-26
03-Jul-26
170.00-0.00
0.00-0.00
Minimum Application for shares in Nos :
88
Further Multiples of :
88
(Rs.Cr)
Lead Managers to the Issue
Project Cost
351.15
IDBI Capital Markets & Securities Limited