Knack Packaging IPO price band: The Knack Packaging Limited IPO price band has been fixed in the range of ₹161 to ₹170 per equity share of the face value of ₹10. The Knack Packaging IPO date of subscription is scheduled for Wednesday, 1 July and will close on Friday, 3 July. The allocation to anchor investors for the Knack Packaging IPO is scheduled to take place on Tuesday, 30 June.
The Knack Packaging IPO lot size is 88 equity shares and in multiples of 88 equity shares thereafter.
Knack Packaging IPO has reserved not more than 50% of the shares in the public issue for qualified institutional buyers (QIB), not less than 15% for non-institutional Institutional Investors (NII), and not less than 35% of the offer is reserved for retail investors.
Tentatively, Knack Packaging IPO basis of allotment of shares will be finalised on Monday, 6 July and the company will initiate refunds on Tuesday, 7 July, while the shares will be credited to the demat account of allottees on the same day following refund. Knack Packaging share price is likely to be listed on BSE and NSE on Wednesday, 8 July.
About The Author
