Striders Impex IPO
Open SmeCurrent GMP
₹0 (0.00%)
Price Band
₹ 71 – 72
Lot Size
1600
Issue Size
₹36 Cr
Minimum Investment
₹230400 (3200 Shares)
Listing Date
06 March 2026
Subscription
1.41x
About the Company
Incorporated in 2021, Striders Impex Limited is engaged in the business of licensing, proprietary brand development, and distribution of toys and children's consumer merchandise in India. The company operates on a strategic asset-light business model, focusing on leveraging licensing partnerships with established global brands while simultaneously building and nurturing its own intellectual property portfolio.
Business Model
Striders Impex Limited follows a dual-growth strategy:
- Licensed Merchandise Development and Distribution
The company collaborates with globally recognized brands under licensing arrangements to design, develop, and distribute merchandise tailored for the Indian market. - Proprietary Brand & IP Development
Alongside licensed operations, the company develops and markets its own in-house brands, strengthening long-term brand equity and expanding its product portfolio.
Intellectual Property Portfolio
Striders Impex Limited has developed a suite of proprietary intellectual properties (IPs), including:
- Pugs at Play and Furry Pals
- Gurliez
- Fanster
- Beezy Kits
- Minds at Play
- SHDZ
- Boujees
- Striders
These brands cater to various segments within the toys and kids' merchandise category, supporting the company’s strategy of building sustainable in-house brand assets.
Market Presence and Distribution Network
The company has established a pan-India distribution presence, serving both urban and semi-urban markets. Its distribution strategy combines traditional retail networks with modern digital channels.
Recognizing the rapid growth of online commerce in India, Striders Impex Limited has built a strong digital footprint across leading e-commerce and quick-commerce platforms. Its products are available on major online marketplaces such as:
- Amazon
- Flipkart
This omni-channel presence enables the company to directly access a growing online consumer base, particularly in impulse-driven and convenience categories such as toys and gifting products.
Corporate Structure and Operations
Striders Impex Limited primarily operates through offices and warehouse facilities located in Mumbai, Maharashtra. The company’s registered office is situated in the state of Maharashtra.
As of the date of the Draft Red Herring Prospectus (DRHP), the company employs a total of 34 employees, supporting its operational, distribution, and brand development activities.
Promoters
- Kumarshri Rajkumar Bahety
- Mariya Mustafa Kapasi
- Mustafa Esmail Kapasi
Promoters Holding
Holding Pre Issue
95.49%
Holding Post Issue
69.52%
Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding of Working Capital Requirements in India
- Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements
- Incorporation and Investment in a newly proposed wholly owned subsidiary in mainland UAE and funding its working capital requirements
- Repayment of Loans
- General corporate purposes
Address / Contact Info
Striders Impex Ltd. Address
14th Floor, Office No. 1406 & 1407 Ajmera Sikova
Sikova Industrial Marg, LBS Marg,
Opp. Damodar Park, Nr Ashok Mill, Ghatkopar(W)
Mumbai, Maharashtra, 400086
Email:cs@striders.biz
Tel:+022-40158212
Website:http://www.striders.biz/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Thursday, 26 February 2026
IPO Close Date
Monday, 02 March 2026
Basis of Allotment
Wednesday, 04 March 2026
Initiation of Refunds
Thursday, 05 March 2026
Credit of Shares to Demat
Thursday, 05 March 2026
Listing Date
Friday, 06 March 2026 — NSE & BSE
Important Dates
Open Date
26 February 2026
Close Date
02 March 2026
Basis Of Allotment
04 March 2026
Listing Date
06 March 2026
Financial Performance (₹ in Crores)
| Particular | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 58.83 | 48.7 | 29.45 |
| Revenue | 49.61 | 61.95 | 41.77 |
| Profit After Tax | 4.01 | 8.41 | 4.39 |
| Net Worth | 23.53 | 14.88 | 6.47 |
| Reserve & Surplus | 10.04 | 15.06 | 6.46 |
| Total Borrowings | 22.92 | 20.55 | 14.65 |
EPS Pre
5.97%
EPS Post
2.87%
P/E Pre
12.06
P/E (Post Issue)
25.07x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Dec 2025 | Mar 2025 |
|---|---|---|
| ROE % | 0 | 0 |
| ROCE % | 25.98 | 57.96 |
| Debt / Equity | 0.97 | 1.36 |
| RoNW % | 17.05 | 55.81 |
| PbW | 0 | 0 |
| Pat Margin % | 8.09 | 13.59 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Qualified Institutions | 956800 | 28.53 | 0 |
| Non-Institutional | 720000 | 21.47 | 0 |
| BNII | 480000 | 14.31 | 0 |
| SNII | 240000 | 7.16 | 0 |
| Retail Investors | 1676800 | 50 | 0 |
| Total | 3353600 | 100 | 0 |
Subscription Status ( Mon, 02 Mar 26 01:54 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 956800 | 1945600 | 2.03x |
| Non-Institutional | 720000 | 1476800 | 2.05x |
| BNII | 480000 | 1209600 | 2.52x |
| SNII | 240000 | 267200 | 1.11x |
| Retail Investors | 1676800 | 1302400 | 0.78x |
| Total | 3353600 | 4724800 | 1.41x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Striders Impex Ltd | 10 | 0.00 | 6.27 | 6.27 | 56.51 | 11.09 |
| Ok Play India Ltd | 1 | 0.00 | -0.02 | -0.02 | -0.59 | 4.43 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 230,400.00 |
| Retail (Max) | 2 | 3,200 | 230,400.00 |
| S-HNI (Min) | 3 | 4,800 | 345,600.00 |
| S-HNI (Max) | 8 | 12,800 | 921,600.00 |
| B-HNI (Min) | 9 | 14,400 | 1,036,800.00 |
Registrar
MUFG Intime India Private Limited ((Link Intime)
91-22-4918 6270
ipo.helpdesk@in.mpms.mufg.com
https://in.mpms.mufg.com/home.html
Book Running Lead Managers
- Capital Square Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
Striders Impex IPO is a Book-building IPO worth ₹36 crores. The price band is ₹71 to 72 per share. The IPO opens on Thu, Feb 26, 2026 and closes on Mon, Mar 2, 2026. It will be listed on BSE and NSE. MUFG Intime India Private Limited ((Link Intime) is the registrar.
The Striders Impex IPO opens on Thu, Feb 26, 2026 and closes on Mon, Mar 2, 2026
Striders Impex IPO Price Band is ₹71 to 72.
Striders Impex IPO lot size is 1600, and the minimum amount required for application is ₹230400.
The minimum investment for Striders Impex IPO is approximately ₹230400 based on the upper price band.
To apply for the Striders Impex IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Mon, Mar 2, 2026. After submission, funds are blocked until the basis of allotment of Striders Impex IPO is finalised.
Striders Impex IPO issue size is ₹36 crores.
Striders Impex IPO allotment date is Sat, Jun 27, 2026.
The registrar for Striders Impex IPO is MUFG Intime India Private Limited ((Link Intime). Investors can go to MUFG Intime India Private Limited ((Link Intime) website for IPO allotment status, refund processing, and other queries related to Striders Impex IPO through their official website or helpline.