The Striders Impex IPO is scheduled to open for subscription on February 26, 2026, and will close on March 2, 2026.
Stridex Impex IPO GMP, Subscription & Allotment Status Today
Striders Impex Limited, a toy and kids' merchandise company founded in 2021, is launching its SME IPO to raise approximately ₹36.29 crore. The company operates an end-to-end business model—covering design, sourcing, and distribution—and serves major retailers like Timezone and Landmark.
- Price Band
- ₹71.00 - ₹72.00
- Lot Size
- 1,600 Shares
- Bidding Closes
- 02 Mar 2026
- Listing Date
- 06 Mar 2026
Complete IPO information
| Current GMP | ₹-2 |
|---|---|
| Estimated Listing Gain | -2.78% |
| Price Band | ₹71.00 - ₹72.00 |
| Issue Price | Approx ₹72.00 Crores |
| Listing Price | ₹70.00 |
| Lot Size | 1,600 Shares |
| Issue Type | SME |
| Registrar | TBA |
| Exchange | NSE, BSE |
| Retail Quota | TBA |
| Overall Subscription | 0.96x |
| Listing Date | 06 Mar 2026 |
| Minimum Investment | ₹2,30,400 |
Compare Stridex Impex IPO with similar IPOs
IPO Snapshot & Investor Takeaways
At the upper end of its price band, Stridex Impex is priced at ₹72 per share. With a minimum lot size of 1,600 shares, a retail investor applying for one lot would need approximately ₹2,30,400 to participate in this SME issue.
The latest recorded Grey Market Premium for Stridex Impex stands at ₹-2, implying an estimated listing gain of around -2.78% over the issue price if it holds until listing. GMP reflects informal grey-market sentiment rather than a guaranteed outcome, and can change at any point until the day of listing.
As of the latest update, Stridex Impex's IPO was subscribed 0.96x overall, with a category-wise breakdown of Retail 0.44x, QIB 2.03x.
SME IPOs list on the dedicated SME platform of BSE/NSE. They usually involve smaller issue sizes and a higher per-lot investment than Mainboard issues, with comparatively lower institutional participation.
IPO roadmap at a glance
Daily GMP status
| Date | GMP | Change | Gain |
|---|---|---|---|
| 02 Mar 2026 | ₹0.00 | - | 0.00% |
| 27 Feb 2026 | ₹0.00 | - | 0.00% |
Application size breakdown
| Category | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 Lot | 3,200 | ₹2,30,400 |
| Retail Maximum | 2 Lot | 3,200 | ₹2,30,400 |
| S-HNI Minimum | 3 Lot | 4,800 | ₹3,45,600 |
| S-HNI Maximum | 8 Lot | 12,800 | ₹9,21,600 |
| B-HNI Minimum | 9 Lot | 14,400 | ₹10,36,800 |
Objects of the Issue & Official Documents
Striders Impex IPO – Key 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 |
Striders Impex IPO – Market Lot Details
| 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 |
Striders Impex IPO – Anchor Investors
| Anchor Bidding Date | February 25, 2026 |
| Anchor Investors List | – |
| Shares Offered | – |
| Anchor Size | – Cr |
| Lock-in Period End Date (50% Shares - 30 Days) | March, 2026 |
| Lock-in Period End Date (50% Shares - 90 Days) | May, 2026 |
Striders Impex IPO – Important Dates
| IPO Open Date | February 26, 2026 |
| IPO Close Date | March 2, 2026 |
| Basis of Allotment | March 4, 2026 |
| Refunds Initiation | 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
| Promoters | Kumarshri Rajkumar Bahety, Mariya Mustafa Kapasi, Mustafa Esmail Kapasi |
| Promoter Holding (Pre Issue) | 1,40,85,680 Shares (95.49%) |
| Promoter Holding (Post Issue) | 1,86,16,880 Shares (69.52%) |
Objects of the Issue & Utilisation of Proceeds
| Funding of Working Capital Requirements of the Company | ₹10.00 Cr |
| Investment in Striders FZ LLC (Wholly Owned Subsidiary) – Working Capital | ₹4.50 Cr |
| Investment in New Wholly Owned Subsidiary in Mainland UAE – Working Capital | ₹6.50 Cr |
| Repayment of Loans | ₹3.00 Cr |
| General Corporate Purposes | – |
About Striders Impex IPO
Striders Impex Limited is one of the leading companies was founded in 2021. The company has started a business of licensing, own brand development, and distribution of toys and kids’ consumer merchandise.
The company provides complete solutions, from designing and making products to sourcing, manufacturing, and distributing them, serving stores across India and some international markets.
In India, the company aims to expand its retail reach in more cities while continuing to supply premium stores like Timezone and Landmark.
Striders Impex IPO – Company Financial Report
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | PAT (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2025 | ₹61.95 | ₹53.57 | ₹8.41 | ₹48.70 |
| Dec 2025 | ₹49.61 | ₹44.41 | ₹4.01 | ₹58.83 |
Striders Impex IPO – Valuation (FY2025)
| Return on Equity (ROE) | 55.81% |
| Return on Capital Employed (ROCE) | 57.96% |
| EBITDA Margin | 15.07% |
| PAT Margin | 13.59% |
| Debt to Equity Ratio | 1.36 |
| Earning Per Share (EPS) | ₹6.27 |
| Price / Earnings (P/E) Ratio | N/A |
| Return on Net Worth (RoNW) | 56.51% |
| Net Asset Value (NAV) | ₹11.09 |
Peer Group Comparison
| Company | EPS | P/E Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| Ok Play India Limited | (0.02) | – | (0.59%) | ₹4.43 | ₹175.06 Cr. |
IPO Lead Managers aka Merchant Bankers
- Capital Square Advisors Pvt. Ltd.
Stridex Impex IPO FAQs
The price band for the IPO is set at ₹71 to ₹72 per equity share. The minimum lot size for an application is 1,600 shares, but for retail investors, the minimum investment is 2 lots (3,200 shares), amounting to ₹2,30,400.
The total issue size is approximately ₹36.29 crores. This consists of a Fresh Issue of equity shares worth approximately ₹31 crores and an Offer for Sale (OFS) of 5,08,800 equity shares.
The basis of allotment is expected to be finalized on March 4, 2026. The shares are proposed to be listed on the NSE SME (Emerge) platform, with a tentative listing date of March 6, 2026.
The company plans to utilize the funds raised for the following purposes:
-
₹10.00 Cr for funding working capital requirements of the company.
-
₹4.50 Cr for investment in its subsidiary, Striders FZ LLC (UAE).
-
₹6.50 Cr for setting up and funding a new wholly-owned subsidiary in mainland UAE.
-
₹3.00 Cr for the repayment of existing loans.
-
The remainder for general corporate purposes.
The promoters of the company are Mr. Kumarshri Rajkumar Bahety, Ms. Mariya Mustafa Kapasi, and Mr. Mustafa Esmail Kapasi. Pre-IPO, the promoters held 95.49% of the company, which will adjust to 69.52% post-issue.
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