Knack Packaging Limited raises ₹131.25 crore from Anchor Investors ahead of IPO
Mumbai 30TH JUNE 2026 ( TGN ) :Knack Packaging Limited has raised ₹131.25 crore from Anchor Investors by allotting 77,20,587 Equity Shares at the Anchor Investor Offer Price of ₹170 per equity share, ahead of its proposed IPO.
Of the total anchor allocation, Axis Opportunities AIF – Series II emerged as the largest investor, receiving 23,52,944 Equity Shares (30.48% of the Anchor Investor Portion) worth ₹40.00 crore. Other prominent anchor investors include *Ashoka India Equity Investment Trust Plc., SBI General Insurance Company Limited, and Bandhan Small Cap Fund*, with a combined allocation of ₹39.24 crore
The anchor book also witnessed participation from *Bank of India Mutual Fund* (Manufacturing & Infrastructure, Mid Cap, and Consumption Funds), *ITI Mutual Fund* (Multi Cap and Flexi Cap Funds), *Sundaram Alternative Opportunities Fund – ALTAS, Alchemy Long Term Ventures Fund – Series 2, Gagandeep Credit Capital Pvt. Ltd., AIONIOS Alpha Fund I*, and *JM Financial Mutual Fund – JM Small Cap Fund*, receiving allocations aggregating ₹52.01 crore
The strong anchor participation reflects investor confidence in Knack Packaging, a leading integrated, innovation-oriented and export-led value-added packaging solutions provider specializing in customized *Printed and Laminated Woven Polypropylene (PLWPP) bags* and *PLWPP Pinch Bottom bags* for industries including food products and pet foods.
The company’s IPO opens tomorrow following the completion of the anchor allocation process.
