Striders Impex IPO

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. On the domestic front, the Company aims to expand its retail distribution by deepening its presence across more cities, while continuing its supplies to premium retail chains such as Time zone and Landmark.

Striders Impex Limited IPO Overview

Striders Impex IPO is a book build issue of ₹36.29 crores. The issue is a combination of fresh issue of 0.45 crore shares aggregating to ₹32.62 crores and offer for sale of 0.05 crore shares aggregating to ₹3.66 crores. Striders Impex IPO opens for subscription on Feb 26, 2026, and closes on Mar 2, 2026. The allotment for the Striders Impex IPO is expected to be finalized on Mar 4, 2026. Striders Impex IPO will list on NSE SME with a tentative listing date fixed as Mar 6, 2026.

Striders Impex IPO price band is set at ₹71 to ₹72 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,45,600. Capital Square Advisors Pvt. Ltd is the book-running lead manager, and MUFG Intime India Pvt. Ltd is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd.

Striders Impex Limited IPO Details

Particulars	Details
IPO Date	26 Feb 2026 to 2 Mar 2026
Listing Date	6 March 2026
Face Value	₹10 per share
Issue Price Band	₹71 to ₹72 per share
Lot Size	1,600 Shares
Total Issue Size	50,40,000 shares (₹36.29 Cr)
Fresh Issue	45,31,200 shares (₹32.62 Cr approx.)
Offer for Sale	5,08,800 shares (₹3.66 Cr)
Issue Type	Book building IPO
Listing At	NSE SME
Share Holding Pre Issue	1,40,85,680 shares
Share Holding Post Issue	1,86,16,880 shares
Market Maker Portion	2,52,800 shares

Striders Impex Limited IPO Reservation

Investor Category	Shares Offered
Market Maker	2,52,800 (5.02%)
QIB	23,90,400 shares
NII (HNI)	7,20,000 shares (14.29%)
Retail	16,76,800 shares (33.27%)

Striders Impex Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	3,200	₹2,30,400
Retail (Max)	2	3,200	₹2,30,400
S-HNI (Min)	3	4,800	₹3,45,600

Striders Impex Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	95.49%
Post-Issue	69.52%

Striders Impex Limited IPO Valuation Overview

KPI	Value
EPS (Pre-IPO)	₹5.97
EPS (Post-IPO)	₹2.87
P/E Ratio	25.07x (Post IPO)
RoNW	17.05% (Dec 2025)
NAV	₹11.09
ROCE	25.98%
EBITDA Margin	13.09%
PAT Margin	8.09%
Debt to Equity	0.97

Objectives of the Proceeds

• Funding working capital requirements – ₹10.00 Cr

• Investment in Striders FZ LLC subsidiary – ₹4.50 Cr

• Investment in UAE wholly owned subsidiary – ₹6.50 Cr

• Repayment of certain outstanding borrowings – ₹3.00 Cr

• General corporate purposes and strategic initiatives

Striders Impex Limited Key Financials (₹ Crore)

Particulars	31 Dec 2025	31 Mar 2025	31 Mar 2024
Assets	58.83	48.70	29.45
Total Income	49.61	61.95	41.77
Profit After Tax	4.01	8.41	4.39
Reserves & Surplus	10.04	15.06	6.46
Total Borrowings	22.92	20.55	14.65

Striders Impex IPO Strengths

• Promoters and management team possess strong industry experience and domain expertise.

• Asset-light and scalable business model supporting operational flexibility.

• Trusted licensing partnerships with recognized global brands.

• Diversified product portfolio across toys, stationery, and kids’ accessories.

• Expanding omnichannel distribution network across retail and e-commerce platforms.

• Strategic expansion into the UAE and select international markets.

• Healthy profitability margins with improving return ratios.

Striders Impex Limited Peer Comparison

Company Name	EPS (Basic)	NAV (₹)	RoNW (%)	P/BV
Striders Impex Ltd.	6.27	11.09	56.51	–
Peer Group
Ok Play India Ltd	-0.02	4.43	-0.59	1.25