Striders Impex IPO will open for public subscription on February 26, 2026 and will close on March 2, 2026. The IPO is being launched by Striders Impex Limited as a book build issue. The company plans to raise around ₹36 crores through a fresh issue of ₹31 crores and an offer for sale of up to 5,08,800 equity shares having a face value of ₹10 each.
The IPO price band is fixed at ₹71 to ₹72 per share. The basis of allotment is expected to be finalised on March 4, 2026 and the shares are proposed to be listed on NSE SME on March 6, 2026. The issue is positioned for long-term investors looking for exposure to the licensed toys and kids’ consumer merchandise segment.
Contents
Striders Impex IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | February 26, 2026 |
| IPO Close Date | March 2, 2026 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹71 to ₹72 per share |
| Issue Size | Approx ₹36 crores |
| Fresh Issue | Approx ₹31 crores |
| Offer for Sale | Approx 5,08,800 equity shares |
| Issue Type | Book build issue |
| IPO Listing | NSE SME |
| DRHP Draft Prospectus | View PDF |
| RHP Draft Prospectus | View PDF |
Striders Impex IPO
Open: 26-2 March
Issue Size: ₹36 Cr.
Objective: IPO intends to raise funds for working capital, subsidiaries and loan repayment.
Exchange: NSE SME
Striders Impex IPO Review
The overall view on the Striders Impex IPO is neutral. The company operates in a niche and fast-growing toys and kids’ consumer merchandise segment and has reported healthy profitability in FY2025. Its asset-light licensing and brand-focused model supports scalability, while improving margins indicate better operational efficiency.
However, the company is relatively young and remains dependent on working capital and overseas subsidiary expansion. Investors with a moderate risk appetite and a long-term horizon may consider the issue, keeping in mind the inherent risks associated with SME listings and evolving consumer demand trends.
Striders Impex IPO Market Lot
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,30,400 |
| Retail Maximum | 2 | 3,200 | ₹2,30,400 |
| S-HNI Minimum | 3 | 4,800 | ₹3,45,600 |
| S-HNI Maximum | 8 | 12,800 | ₹9,21,600 |
| B-HNI Minimum | 9 | 14,400 | ₹10,36,800 |
IPO Reservation
| Investor Category | Shares Offered | Shares (%) |
|---|---|---|
| Anchor Investor | 14,33,600 shares | 28.44% |
| QIB (Excluding Anchor) | 9,56,800 shares | 18.98% |
| NII | 7,20,000 shares | 14.29% |
| Retail | 16,76,800 shares | 33.27% |
Striders Impex IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | February 25, 2026 |
| Anchor Investors List | View PDF |
| Shares Offered | 14,33,600 shares |
| Anchor Size | ₹10.32 crore |
| Lock-in end date (50% – 30 days) | April 3, 2026 |
| Lock-in end date (50% – 90 days) | June 2, 2026 |
Striders Impex IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | February 26, 2026 |
| IPO Close Date | March 2, 2026 |
| Basis of Allotment | March 4, 2026 |
| Refunds | March 5, 2026 |
| Credit to Demat Account | March 5, 2026 |
| IPO Listing Date | March 6, 2026 |
| IPO Bidding Cut-off Time | March 2, 2026 – 5 PM |
Promoters and Holding Pattern
The promoters of the company are Kumarshri Rajkumar Bahety, Mariya Mustafa Kapasi and Mustafa Esmail Kapasi.
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding (Pre Issue) | 1,40,85,680 | 95.49% |
| Promoter Holding (Post Issue) | 1,86,16,880 | 69.52% |
Objects of the Issue
The company proposes to utilise the net proceeds primarily towards funding its working capital requirements amounting to ₹10.00 crores. It also plans to invest ₹4.50 crores in Striders FZ LLC, its wholly owned subsidiary, to support its working capital needs.
An additional ₹6.50 crores will be invested in a newly incorporated wholly owned subsidiary in mainland UAE for working capital. Further, ₹3.00 crores will be used towards repayment of existing loans and the remaining amount will be utilised for general corporate purposes.
About Striders Impex IPO
Striders Impex Limited was incorporated in 2021 and is engaged in the business of licensing, own-brand development and distribution of toys and kids’ consumer merchandise. The company offers end-to-end solutions including product design, sourcing, manufacturing and distribution, serving retail stores across India and selected international markets.
In India, the company plans to expand its retail presence across more cities and continues to supply premium retail chains such as Timezone and Landmark Group.
Striders Impex IPO Company Financial Report
Amount in ₹ crores
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2025 | 61.95 | 53.57 | 8.41 | 48.70 |
| Dec 2025 | 49.61 | 44.41 | 4.01 | 58.83 |
Business Analysis and Financial Health
Striders Impex has shown a strong financial profile in FY2025, supported by growing demand for licensed toys and kids’ merchandise across organised retail and entertainment outlets. The company reported revenue of ₹61.95 crores and profit after tax of ₹8.41 crores during FY2025, reflecting healthy margins and improving operating leverage.
Performance up to December 2025 further indicates stable revenue momentum and asset expansion, suggesting better scale and distribution reach.
High return ratios, including ROE of 55.81% and RoNW of 56.51%, highlight efficient capital deployment. However, a debt-to-equity ratio of 1.36 indicates moderate leverage, mainly linked to working capital and expansion of overseas subsidiaries, which investors should monitor in the coming years.
Striders Impex IPO Valuation – FY2025
| KPI | Values |
|---|---|
| ROE | 55.81% |
| ROCE | 57.96% |
| EBITDA Margin | 15.07% |
| PAT Margin | 13.59% |
| Debt to equity ratio | 1.36 |
| Earnings Per Share (EPS) | ₹6.27 (Basic) |
| Price/Earnings (P/E) | N/A |
| Return on Net Worth (RoNW) | 56.51% |
| Net Asset Value (NAV) | ₹11.09 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Ok Play India Limited | (0.02) | – | (0.59%) | 4.43 | ₹175.06 Cr |
IPO Lead Managers (Merchant Bankers)
| Name |
|---|
| Capital Square Advisors Pvt. Ltd. |
Company Address
| Particular | Details |
|---|---|
| Company Name | Striders Impex Ltd. |
| Address | 14th Floor, Office No. 1406 & 1407, Ajmera Sikova, Sikova Industrial Marg, LBS Marg, Opp. Damodar Park, Near Ashok Mill, Ghatkopar (W), Mumbai, Maharashtra – 400086 |
| Phone | 022-40158212 |
| cs@striders.biz | |
| Website | https://www.striders.biz/ |
IPO Registrar
| Particular | Details |
|---|---|
| Registrar | MUFG Intime India Pvt. Ltd. |
| Phone | +91-22-4918 6270 |
| stridersimpex.smeipo@in.mpms.mufg.com | |
| Website | https://in.mpms.mufg.com/Initial_Offer/public-issues.html |
Striders Impex IPO FAQs
What is Striders Impex IPO?
Striders Impex IPO is an SME IPO. The company plans to raise ₹36 crores through the public issue. The issue is priced at ₹71 to ₹72 per equity share and the IPO will be listed on NSE SME.
When will Striders Impex IPO open for subscription?
The IPO will open on February 26, 2026 for QIB, NII and retail investors and will close on March 2, 2026.
What is Striders Impex IPO investors’ portion?
The investors’ portion is 50% for QIB, 15% for NII and 35% for retail investors.
How to apply for the Striders Impex IPO?
Investors can apply through ASBA using their bank account, through UPI via their stock broker, or by submitting an offline application form.
What is the Striders Impex IPO issue size?
The total issue size of the IPO is ₹36 crores.
What is the Striders Impex IPO price band?
The price band is ₹71 to ₹72 per share.
What is the Striders Impex IPO lot size?
The minimum bid size is 3,200 shares for an application amount of ₹2,30,400.
What is the Striders Impex IPO allotment date?
The allotment is expected to be finalised on March 4, 2026.
What is the Striders Impex IPO listing date?
The IPO is scheduled to be listed on March 6, 2026 on NSE SME.
Expert Comment
Striders Impex operates in a niche but fast-growing segment of licensed toys and kids’ merchandise, supported by strong brand partnerships and improving financial metrics. The healthy profitability in FY2025 and high return ratios indicate efficient execution.
However, the company’s expansion into overseas subsidiaries and moderate leverage will require disciplined working capital management. Long-term investors with moderate risk tolerance may consider the issue, while closely tracking cash flows and scalability of the distribution network.
