MediumNeutral
Announced Mon, 6 Jul · 09:17 IST
Knack Packaging IPO allotment likely today; GMP at 11%. Here's how to check allotment status
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Knack Packaging IPO allotment is likely today, with shares scheduled to debut on the BSE and NSE on July 8. The issue was subscribed 83.33 times overall, with QIBs at 154.34 times, NIIs at 139.81 times and retail investors at 20.07 times. The grey market premium stands at around 11 percent, signalling modest listing gains; the issue comprised a Rs 380 crore fresh component and an OFS of up to Rs 59.5 crore at a price band of Rs 161-170 per share.