The Rs 439.5 crore Knack Packaging IPO witnessed strong demand on its third and final day of bidding, with the issue being subscribed 83x times against the 1.89 crore shares on offer. The retail investor portion was booked 20 times, indicating steady participation from individual investors.
Investor sentiment remains upbeat. In the grey market, Knack Packaging shares are trading at a premium of around 17% over the upper end of the price band, suggesting the potential for a healthy listing gain if current trends continue.
