Knack Packaging Ltd IPO

About Knack Packaging Ltd

Our Company was originally incorporated as Knack Packaging Private Limited under the provisions of the Companies Act, 1956, pursuant to a certificate of incorporation dated March 4, 2013, issued by the Registrar of Companies, Gujarat at Dadra and Nagar Haveli. Subsequently, our Company was converted from a private company to a public company, pursuant to a resolution passed in the extraordinary general meeting of our Shareholders held on June 7, 2025, following which the name of our Company was changed to Knack Packaging Limited and a certificate of incorporation consequent upon conversion to public limited company was issued by the Registrar of Companies, Central Processing Centre on June 23, 2025.

In CY 2024, the global flexible bulk packaging (5-50kg) market was valued at USD 86.4 billion and is estimated to reach USD 109.0 billion by CY2029, growing at a CAGR of 4.8%. Further, the global printed and laminated woven polypropylene (PLWPP) bulk bags (5-50kg) market was valued at USD 1.45 billion in CY2024. The market is expected to reach USD 1.85 billion by CY2029, expanding at a CAGR of 5.0%. The Asia Pacific region holds the majority share of 40.2% of the total global PLWPP bulk packaging market, followed by North America (26.4%), Europe (24.8%), Middle East and Africa (4.5%) and South America (4.1%). The flexible plastic packaging market in India was valued at INR 1,849 billion in FY 2024 and is expected to reach INR 2,717 billion in FY 2029, growing at a CAGR of 8.0% and represented 65% of the plastic packaging market in FY 2024. Within the flexible packaging market, the Woven Polypropylene packaging market in India is expected to grow at a CAGR of 9.2% and reach INR 700 billion in FY 2029 from INR 450 billion in FY 2024. The growth of the sector is driven by the Increasing demand from sectors such agriculture & food, animal & pet foods, construction and building materials etc. Further, the increase in B2B trade and export opportunities also supports the growth of WPP bags industry in India. Within WPP packaging sector, the Indian Printed and Laminated Woven Polypropylene (PLWPP) bulk bags (5-50kg packaging) market was valued at INR 25 billion in FY 2024 and is expected to reach INR 50 billion by FY 2029, expanding at a CAGR of 15.0% during the given period.

We are one of the leading, integrated, innovation-oriented, export led and sustainable oriented packaging solutions provider, offering a diverse range of packaging solutions, including Printed and Laminated Woven Polypropylene (PLWPP) bags and PLWPP Pinch Bottom bags that are customized, high-strength packaging solutions for a wide range of sectors, including food products and pet foods . Our solutions enhance brand visibility on packaging, reduce the risk of counterfeiting, and improve operational performance. We hold approximately 10.1% of market share in the Indian market for flexible bulk PLWPP bags, including PLWPP pinch bottom bags in Fiscal 2025. We are also one of the early movers in the manufacturing of BOPP/ PLWPP bags, and the first company in India (and Asia) to provide laser cut and easy-open feature integrated into their PLWPP pinch bottom bags. With a legacy of over two decades of our Promoters, we offer a wide array of bulk packaging solution which has been developed over the decades through technological enhancements and industry experience. We also provide add-on solutions such as circular & back seam construction, half, full & register window, zig-zag cut, heatcut & bladecut etc., providing customers with enhanced and customized packaging options. Our diverse range of packaging solutions along with customised add-ons, makes us a one stop solution for our customers.

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