Knack Packaging IPO's basis of allotment is expected today, following a highly successful subscription. Investors eagerly await confirmation of their share allocation in the Rs 439.5 crore issue, which saw overwhelming demand from all investor categories. The company's shares are set to list on July 8, with a modest grey market premium indicating potential listing gains. Knack Packaging, a prominent integrated packaging solutions provider, exports to 71 countries.

Knack Packaging's Rs 439.5-crore IPO was subscribed nearly 9 times on the final day of bidding, led by strong demand from NIIs. The grey market premium (GMP) indicates a potential…

Knack Packaging Limited’s initial public offering was subscribed 25.75 times overall as of 1:06 PM on Friday, the third and final day of bidding, with the issue closing at 5 PM.

Ahead of the listing, the grey market is indicating a positive debut. The IPO is currently commanding a Grey Market Premium (GMP) of around Rs 16 per share, suggesting an…