Knack Packaging Limited Files DRHP with SEBI for IPO, Plans to Raise ₹475 Crore by Fresh Issue

Ahmedabad-based Knack Packaging Limited has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The company plans to raise ₹475 crore through a fresh issue, while the promoters and investors will be selling up to 70 lakh equity shares via offer-for-sale (OFS).

Alpesh Tulsibhai Patel, Pravinkumar Ambalal Patel, and Rashminbhai Tulsibhai Patel are the promoters selling shareholders for the Knack Packaging IPO.