Knack Packaging IPO shares to debut today. Here's what GMP suggests ahead of listing

Knack Packaging is set to debut on the bourses with an estimated listing price of around Rs 186, about 10% above the upper end of its Rs 161-170 price band, based on a grey market premium of about Rs 16 per share. The Rs 439.5 crore IPO was subscribed 83.33 times, with QIBs bidding 154.34 times, NIIs 139.81 times, and retail investors 20.07 times. In FY26, the company reported revenue of Rs 823.4 crore, net profit of Rs 92.8 crore, and EBITDA margin of 18.5%.