Knack Packaging shares list at 11% premium; expert sees further upside

Knack Packaging debuted on the NSE at Rs 188, a 10.6 percent premium to its IPO price of Rs 170, and on the BSE at Rs 186, a 9.4 percent gain. The Rs 439.5-crore IPO saw strong demand, with the listing exceeding grey market expectations. Swastika Investmart's Shivani Nyati sees further upside, citing strong revenue growth, healthy return ratios, robust operating margins, and the company's fully integrated manufacturing model, while flagging customer concentration risk as a key monitorable.