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The Economic Times
The Economic Times
Business
Akash Podishetti

RARE PHOTOS: Knack packaging ipo opens today should you subscribe | Rare Historical Photos

The Rs 439.5 crore IPO of Knack Packaging opened for public subscription on Wednesday and will close on July 3. The company's shares were commanding a grey market premium (GMP) of around 15% ahead of the issue, indicating healthy investor interest.

The IPO comprises a fresh issue worth Rs 380 crore and an offer for sale (OFS) of up to Rs 59.5 crore by existing shareholders. The price band has been fixed at Rs 161-170 per share, with investors able to bid for a minimum of 88 shares. The stock is proposed to be listed on the BSE and NSE, with a tentative listing date of July 8.

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