SME
IPO ·
NSE SME
Striders Impex Ltd
Listed
Incorporated in 2021, Striders Impex Limited is primarily engaged in the business of licensing, own brand development, and distribution of toys and kids' consumer merchandise.
Issue details
Price band
₹71 – ₹72
Face value
₹10
Lot size
1,600 shares
Minimum investment
₹2,30,400
Issue size
₹36.29 Cr
Fresh issue
₹30.80 Cr
Offer for sale
₹3.66 Cr
Issue type
Book Built
Exchange
NSE SME
Key dates
Opens
26 Feb 2026
Closes
2 Mar 2026
UPI mandate cut-off
5:00 PM on 2 Mar 2026
Allotment
4 Mar 2026
Refunds
5 Mar 2026
Shares in demat
5 Mar 2026
Listing
6 Mar 2026
Subscription and listing
Subscription
1.25x
Listing price
₹70
Registrar
MUFG Intime India Pvt Ltd
Lead manager
Capital Square Advisors
Subscription by category
Total
1.25x
Total applications
448
Anchor investors
Amount raised
₹10.32 Cr
Bid date
25 Feb 2026
50% lock-in ends
2 Apr 2026
Rest lock-in ends
1 Jun 2026
Listing day
Issue price
₹72
Open
₹70.00
High
₹70.00
Low
₹66.50
Day close
₹66.50
Listing gain at open
-2.78%
Issue structure
Shares reserved per category and share of the total issue
QIB Shares Offered
23,90,400
47.43%
Anchor Investor Shares Offered
14,33,600
28.44%
QIB (Ex. Anchor) Shares Offered
9,56,800
18.98%
NII Shares Offered
7,20,000
14.29%
bNII > ₹10L
4,80,000
9.52%
sNII < ₹10L
2,40,000
4.76%
Retail Shares Offered
16,76,800
33.27%
Market Maker Shares Offered
2,52,800
5.02%
Total Shares Offered
50,40,000
100.00%
Finaccle’s quick read
Neutral
FY25 income up 48%, PAT up 92%, D/E 0.97, post-issue P/E 25.07x.
A rules-based screen of growth, margins, debt and valuation, built from the offer document and data on Chittorgarh.com. It is for information only and is not investment advice or a recommendation to buy or sell. Read the RHP and speak to a SEBI-registered adviser before you apply.
About the company
Incorporated in 2021, Striders Impex Limited is primarily engaged in the business of licensing, own brand development, and distribution of toys and kids' consumer merchandise. The Company offers end-to-end solutions from product design and development to sourcing, manufacturing and distribution, catering to retail formats across India and select international markets. The Company offers strategically investing in building its direct-to-consumer online channels through e-commerce platforms, while continuing to strengthen its offline distribution network.
Founded
Promoters
Promoter holding
Financial performance
Period
PAT
ROE
—
ROCE
25.98%
Debt / equity
0.97
PAT margin
8.09%
P/E post issue
25.07
Market cap
₹134.04 Cr
Use of IPO money
Funding of working capital requirements of the Company
₹10.00 Cr
Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements;
₹4.50 Cr
Investment in a newly wholly owned subsidiary in mainland UAE to fund its working capital requirements
₹6.50 Cr
Repayment of Loans
₹2.98 Cr
General corporate purposes
₹3.95 Cr
Issue Expenses
₹4.70 Cr
Strengths
✓
Revenue up 48% in FY25 to ₹61.95 Cr
✓
PAT up 92% in FY25 to ₹8.41 Cr
✓
Moderate leverage: debt to equity 0.97
Risks to watch
!
SME platform: large lot size and thinner trading liquidity
!
Modest PAT margin of 8.09%
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Last updated:
Information is compiled from exchange notices and the company’s offer document. It is for general information only and is not investment advice or a recommendation to apply. Read the prospectus before investing.