Striders Impex IPO
GMP, Subscription, Price, Dates & Financial Details
Textile
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…
Open Date
Thu, 26 Feb 2026
Close Date
Mon, 02 Mar 2026
Price Band
₹ 71 – 72
Lot Size
1600
Issue Size
₹ 36.00 Cr
Minimum Investment
₹ 230,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Striders Impex IPO has successfully completed its IPO process and is now listed on NSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹36.00 Crore, comprising a fresh issue of 42.78 Lakh equity shares aggregating to ₹31.00 Crore and an offer for sale (OFS) of 5.09 Lakh equity shares aggregating to ₹4.00 Crore by the existing shareholders.
The Striders Impex IPO remained open for subscription from February 26, 2026, to March 02, 2026. The basis of allotment was finalized on March 04, 2026, and the company's shares were listed on NSE SME Platform on March 06, 2026.
The company had fixed the price band at ₹71 to ₹72 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹230,400 (based on the upper price band) to apply for one lot.
MUFG Intime India Private Limited served as the registrar to the issue. Capital Square Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Striders Impex Limited is now a publicly listed company on NSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Striders Impex IPO Timeline (Tentative)
- IPO Open Date
- Thu, 26 Feb 26
- IPO Close Date
- Mon, 02 Mar 26
- Basis of Allotment
- Wed, 04 Mar 26
- Initiation of Refunds
- Thu, 05 Mar 26
- Credit of Shares to Demat
- Thu, 05 Mar 26
- Listing Date
- Fri, 06 Mar 26 — NSE & BSE
Open Date
26 February 2026
Close Date
02 March 2026
Basis Of Allotment
04 March 2026
Listing Date
06 March 2026
IPO Subscription
Check Live Subscription →The Striders Impex IPO has received bids for 47,24,800 shares against 33,53,600 shares offered, resulting in an overall subscription of 1.41x. the NII category is subscribed 2.05x, Retail Investors 0.78x, and QIBs 2.03x. Within the NII category, BNII is subscribed 2.52x, while SNII is subscribed 1.11x.
QIB
2.03x
NII
2.05x
BNII
2.52x
SNII
1.11x
RII
0.78x
Total
1.41x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 16,76,800 shares, representing 50% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 9,56,800 shares (28.53%), while Non-Institutional Investors (NIIs) receive 7,20,000 shares (21.47%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 956,800 | 28.53% |
| Non-Institutional | 720,000 | 21.47% |
| BNII | 480,000 | 14.31% |
| SNII | 240,000 | 7.16% |
| Retail Investors | 1,676,800 | 50% |
| Total | 3,353,600 | 100% |
Financials Details(₹ 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 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Striders Impex Limited KPI Information
| Particular | Dec 2025 | Mar 2025 |
|---|---|---|
| ROCE % | 25.98 | 57.96 |
| Debt / Equity | 0.97 | 1.36 |
| RoNW % | 17.05 | 55.81 |
| Pat Margin % | 8.09 | 13.59 |
Peers Comparison
| 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 |
About Striders Impex Limited
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.
Striders Impex IPO Promoters
- Kumarshri Rajkumar Bahety
- Mariya Mustafa Kapasi
- Mustafa Esmail Kapasi
Promoters Holding
Holding Pre Issue
95.49%
Holding Post Issue
69.52%
Striders Impex IPO Objective
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
Striders Impex Limited Address / Contact Details
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
Striders Impex IPO Lot Size
The Striders Impex IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,30,400 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 2 lots (3,200 shares), requiring an investment of ₹2,30,400.
| 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 |
Issue Reservation
- QIB — 28.53%
- NII — 21.47%
- RII — 50%
Book Running Lead Managers
- Capital Square Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Striders Impex IPO?
Striders Impex IPO is a Book-building IPO with a total issue size of ₹36 crore. The Striders Impex IPO price band is ₹71 to 72 per share. The Striders Impex IPO subscription opens on Thu, Feb 26, 2026, and closes on Mon, Mar 2, 2026. The Striders Impex IPO will be listed on the NSE. MUFG Intime India Private Limited is the registrar for the Striders Impex IPO.
When will the Striders Impex IPO open for subscription?
The Striders Impex IPO opens on Thu, Feb 26, 2026 and closes on Mon, Mar 2, 2026
What is Striders Impex IPO Price Band?
Striders Impex IPO Price Band is ₹71 to 72 per share.
What is Striders Impex IPO Lot Size?
Striders Impex IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹230400 based on the upper price band
What is the minimum investment for Striders Impex IPO?
The minimum investment for Striders Impex IPO is ₹230400, based on one lot of 1600 shares at the upper price band of ₹72 per share.
How to apply for Striders Impex IPO?
Investors can apply for the Striders Impex IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Mar 2, 2026. The application amount remains blocked until the Striders Impex IPO allotment is finalized.
What is Striders Impex IPO Issue Size?
Striders Impex IPO issue size is ₹36 crores.
What is the Striders Impex IPO Allotment Date?
Striders Impex IPO allotment date is Wed, Mar 4, 2026.
Who is the Striders Impex IPO Registrar?
The registrar for Striders Impex IPO is MUFG Intime India Private Limited. Investors can go to MUFG Intime India Private Limited website to check Striders Impex IPO allotment status, refund processing, and other IPO-related information.
Who is the Striders Impex IPO Lead Manager?
The book-running lead managers (BRLMs) for the Striders Impex IPO are Capital Square Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Striders Impex IPO Red Herring Prospectus (RHP).