Striders Impex IPO Details
| Detail | Description |
|---|---|
| IPO Date | 26 Feb to 2 Mar, 2026 |
| Listing Date | Fri, Mar 6, 2026 |
| Face Value | ₹ 10 per share |
| Issue Price Band | ₹ 71 to ₹ 72 |
| Lot Size | 1,600 Shares |
| IPO Type | Fresh Capital & OFS |
| Total Issue Size | 50,40,000 shares (agg. up to ₹ 36 Cr) |
| Reserved for Market Maker | 2,52,800 shares (agg. up to ₹ 2 Cr) Nikunj Stock Brokers Ltd. |
| Fresh Issue(Ex Market Maker) | 42,78,400 shares (agg. up to ₹ 31 Cr) |
| Offer for Sale | 5,08,800 shares of ₹10 (agg. up to ₹ 4 Cr) |
| Net Offered to Public | 47,87,200 shares (agg. up to ₹ 34 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,40,85,680 shares |
| Share Holding Post Issue | 1,86,16,880 shares |
About Striders Impex IPO
Striders Impex IPO is a book-building issue of ₹36.29 crore, comprising a fresh issue worth ₹32.62 crore and an offer for sale worth ₹3.66 crore. The price band for this IPO is set at ₹71 to ₹72 per share and the lot size for an application is 1,600. The minimum amount of investment required by an individual investor is ₹2,30,400 (3,200 shares). The IPO will open for subscription from Feb 26 to March 2, 2026, on the NSE SME platform with a tentative listing date fixed as March 6, 2026.
Company Background
Striders Impex Ltd. was formed on April 28, 2021 and is a rapidly growing consumer goods company that focuses on the toys and kids’ products segment. The company is headquartered in Mumbai and has an asset-light business model that focuses on licensing global brands and creating intellectual properties. The company has grown from a private to a public limited company in 2025 and it has filed for an SME IPO on the NSE Emerge platform to raise funds for its global expansion.
Operations and Product Range
Facility and Production
Striders Impex Ltd. adopts a third-party manufacturing strategy to retain flexibility in operations and ensure cost-effectiveness. The design and conceptualization teams of this company are in Mumbai; it outsources the manufacturing process to expert manufacturers in India and China, enabling it to easily increase the volume of production without incurring significant capital costs for machinery. The company’s supply chain is aided by warehousing facilities in Mumbai, which enable it to manage its inventory effectively.
Brand and Market Presence
Striders Impex Ltd. adopts a dual-brand approach, blending international-licensed characters with a vast range of in-house IPs such as Pugs at Play, Furry Pals, Gurliez and Minds at Play. Their market coverage includes a pan-India retail network and a strong online presence on e-commerce platforms such as Amazon, Flipkart and other quick-commerce websites. Globally, they function through their wholly-owned subsidiary, Striders FZ LLC, based in the UAE, serving the Middle East and keeping abreast of global consumer trends.
Revenue Channels
- • Engagement in the design and distribution of products under entertainment brands that are recognized globally.
- • Generation of higher margins through their owned intellectual properties (IPs) in the toys, lifestyle and back-to-school segments.
- • Direct-to-consumer (D2C) sales through major online marketplaces and impulse-buy platforms.
- • Global distribution networks' fees, with a focus on the Middle East market through their UAE-based subsidiary.
- • Supply of products in bulk to large-format retail stores and dedicated toy stores in urban and semi-urban India.
Management and Shareholding
Promoter and Shareholding
The Striders Impex Ltd. is mainly controlled by its founders, Mr. Kumarshri Rajkumar Bahety and Mr. Mustafa Esmail Kapasi. Before the IPO, the promoter of the company holds 95.49% stake. After the proposed IPO, which involves a fresh issue of 46.9 lakh shares, the promoter's ownership will be diluted.
Board Members
Striders Impex Ltd.’s board members, led by the Promoters and Managing Directors, Kumarshri Rajkumar Bahety and Mustafa Esmail Kapasi. With the help of Non-Executive Director Mariya Mustafa Kapasi and Independent Directors Pradeep Chechani and Lalchand Prasad Menon, the board provides effective governance in the company, assisted by Compliance Officer Shweta Mahadeo Dagade.
IPO objective
- • Funding of working capital requirements
- • Investment in the subsidiary to expand
- • Repayment of debt (in part or in full)
- • General corporate expenses
Conclusion
Striders Impex IPO is providing an opportunity to investors to invest in a growing company that has shown consistent growth in its financial statements over the years. This company follows 3 different but interlinked business models for their operations, including licensing & brand partnership, sourcing and manufacturing and the last one is distribution strategy. These models help them in fast and positive growth, but also provide trusted licensing partnerships and global brands. This issue will be a helping hand in the expansion in global markets.
Striders Impex IPO Financial Information
Latest Revenue
49.61
₹ Crore
Profit After Tax
4.01
₹ Crore
Net Worth
23.53
₹ Crore
Total Borrowing
22.92
₹ Crore
| Period Ended | Assets | Revenue From Operations | Profit After Tax | Net Worth | Reserves & Surplus | Total Borrowing | |||
|---|---|---|---|---|---|---|---|---|---|
| 31 Dec 2025 | 58.83 | 49.61 | 4.01 | 23.53 | 10.04 | 22.92 | |||
| 31 Mar 2025 | 50.73 | 61.95 | 8.41 | 15.07 | 15.06 | 20.55 | |||
| 31 Mar 2024 | 29.45 | 41.77 | 4.39 | 6.47 | 6.46 | 14.65 | |||
| Amount in ₹ Crore | |||||||||
Striders Impex Key Performance Indicator
| KPI | Values |
|---|---|
| ROE | - |
| ROCE | 57.96% |
| Debt/Equity | 1.36x |
| RoNW | 55.81% |
| PAT Margin | 13.59% |
| EBITDA Margin | 15.07% |
| Price to Book Value | - |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 5.97 | 4.48 |
| P/E (x) | 12.06 | 25.07 |
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Competitive Strengths
Diverse business model
Strategic presence in high-growth markets
Trusted partnership with global brands
Strong distribution network, like Direct-to-customer online channels via e-commerce platforms
Download regulatory filings
Striders Impex IPO Timeline
| IPO Open Date | Thu, Feb 26, 2026 |
| IPO Close Date | Mon, Mar 2, 2026 |
| Tentative Allotment | Wed, Mar 4, 2026 |
| Initiation of Refunds | Thu, Mar 5, 2026 |
| Credit of Shares to Demat | Thu, Mar 5, 2026 |
| Tentative Listing Date | Fri, Mar 6, 2026 |
| Cut-off time for UPI mandate confirmation | - |
IPO Lot Size
| Investors | No.of lots | Shares Offered | Max Bid Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,30,400 |
| S-HNI (Min) | 3 | 4,800 | ₹3,45,600 |
| S-HNI (Max) | 8 | 12,800 | ₹9,21,600 |
| B-HNI (Min) | 9 | 14,400 | ₹10,36,800 |