Knack Packaging IPO listing date today. GMP, experts signal share debut at a decent premium in Indian stock market

Knack Packaging shares are set to list on BSE and NSE today after its IPO, which raised Rs 439.50 crore, was subscribed 83.33 times overall with strong institutional interest (QIBs booked 154.34 times, NIIs 139.81 times). Grey market premium stood at around Rs 12, signalling an estimated listing price of Rs 182 per share, about a 7% premium over the upper end of the issue price band of Rs 170. Analysts expect a decent, though muted, debut premium.