Stridex Impex
Table of Contents
- 01 IPO Description
- 02 IPO Parameters
- 03 IPO Roadmap
- 04 GMP History
- 05 Striders Impex IPO – Key Details
- 06 Striders Impex IPO – Market Lot Details
- 07 Striders Impex IPO – Anchor Investors
- 08 Striders Impex IPO – Important Dates
- 09 Promoters and Holding Pattern
- 10 Objects of the Issue & Utilisation of Proceeds
- 11 About Striders Impex IPO
- 12 Striders Impex IPO – Company Financial Report
- 13 Striders Impex IPO – Valuation (FY2025)
- 14 Peer Group Comparison
- 15 IPO Lead Managers aka Merchant Bankers
- ★ FAQs
IPO DESCRIPTION
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.
IPO PARAMETERS
IPO ROADMAP
Grey Market Premium HISTORY
| Date | GMP (₹) | Daily Change | Gain (%) |
|---|---|---|---|
| 02 Mar 2026 | ₹0.00 | - | 0.00% |
| 27 Feb 2026 | ₹0.00 | - | 0.00% |
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.
Frequently Asked QUESTIONS
The Striders Impex IPO is scheduled to open for subscription on February 26, 2026, and will close on March 2, 2026.
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.