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SME | Book Build
Listed

Striders Impex SME IPO Details 2026

₹71-72Price Band
₹36.29 Cr.Issue Size
1 Lot = 1600 sharesLot Size
Consumer GoodsSector
Issue Open
Feb 26, 2026
Fresh + OFS Issue
Issue Close
Mar 02, 2026
1 lot (retail)
Allotment Date
Mar 04, 2026
Lot size: 1 Lot = 1600 shares
Listing Date
Mar 06, 2026
NSE SME

All About Striders Impex SME IPO

The Striders Impex Limited size is ₹36.29 crore, including a fresh issue of ₹32.63 crore and an offer for sale of ₹3.66 crore. It is a Book Built issue. The IPO issue opens on February 26, 2026 and closes on March 02, 2026. The share allotment is expected on March 04, 2026, and the listing date is March 06, 2026. Striders Impex is based in Mumbai and operates in the Consumer Goods/Toys sector. It filed its DRHP on September 29, 2025 and will list its shares on both the NSE SME. MUFG Intime India Pvt. Ltd. is the registrar, while Capital Square Advisors Pvt. Ltd. serves as the merchant banker for the offer.

IPO Highlights

IPO Details
Total Issue ₹36.29 Cr.
Fresh Issue ₹32.63 Cr. (45,31,200 shares)
Offer for Sale ₹3.66 Cr. (5,08,800 shares)
IPO Price Band ₹71 to ₹72
Face Value ₹10 per share
Lot Size 1600 Shares
Listed on BSE SME
IPO Dates
DRHP Filed September 29, 2025
Issue Open February 26, 2026
Issue Close March 2, 2026
Allotment Date March 4, 2026
Refunds Initiation March 5, 2026
Credit of Shares March 5, 2026
Listing Date March 6, 2026
IPO Features
Total Issue Size₹36.29 Cr.
Fresh Issue₹32.63 Cr. (45,31,200 shares)
Offer for Sale₹3.66 Cr. (5,08,800 shares)
IPO Price Band₹71 to ₹72
Face Value₹10 per share
Lot Size1600 Shares
Listed onBSE SME
March 04, 2026
Important IPO Dates
DRHP FiledSeptember 29, 2025
Issue OpenFebruary 26, 2026
Issue CloseMarch 02, 2026
Allotment DateMarch 04, 2026
Refunds InitiationMarch 05, 2026
Credit of SharesMarch 05, 2026
Listing DateMarch 06, 2026

IPO Reservation and Lot Size

The company has reserved shares for various investor categories. The Retail Shares reservation is 33.27% (16,76,800 shares), and QIB has 47.43% (23,90,400). Further, the minimum lot size is 3,200 shares. The anchor investor reservation is 28.44% (14,33,600 shares), and the market maker reservation is 5.02% (2,52,800).

IPO Issue Structure

IPO Reservation
QIB
23,90,400 (47.43%)
Anchor Investor 14,33,600 (28.44%)
QIB (Ex. Anchor) 9,56,800 (18.98%)
NII (HNI)
7,20,000 (14.29%)
bNII > ₹10L 4,80,000 (9.52%)
sNII < ₹10L 2,40,000 (4.76%)
Retail
16,76,800 (33.27%)
Market Maker
Total
50,40,000 (100%)
IPO Lot Size
Retail (Min)
Small Investor Quota
2 | 3200 Shares
₹2,30,400
Retail (Max)
Retail Investment Limit
2 | 3200 Shares
₹2,30,400
S-HNI (Min)
Small HNI (₹2L – ₹10L)
3 | 4800 Shares
₹3,45,600
S-HNI (Max)
Small HNI (Up to ₹10 L)
8 | 12,800 Shares
₹9,21,600
B-HNI (Min)
Big HNI (Above ₹10L)
9 | 14,400 Shares
₹10,36,800

On September 29, 2025, the company filed its Draft Red Herring Prospectus. The Red Herring Prospectus is available to understand the business operations, financials, and the risks involved.

IPO GMP

The Grey Market Premium indicates the extra price that people pay in the unofficial market. This value changes on a daily basis depending on the demand for the shares. Track live GMP Today here.

Financial Performance (₹ in Cr)

Period Ended31 Dec 202531 Mar 202531 Mar 202431 Mar 2024
Total Income37.8550.4760.7341.70
Profit After Tax5.006.678.975.37
EBITDA2.613.488.024.38
Net Worth22.1014.496.472.08
Assets54.7648.8529.6117.00
Debt22.9120.5414.643.21

Key Performance Indicator

ParticularsDec-25FY25FY24FY23
EBITDA Margin (%)13.2114.7712.8810.28
PAT Margin (%)6.9013.2110.506.78
EPS (₹)2.916.273.271.51
ROE (%)11.8155.3567.7097.60
ROCE (%)25.9857.9657.4074.93
ROA (%)4.7716.4214.7911.94
Debt to Equity (x)1.041.422.261.54

To understand the above financial ratios / financial performance metrics as per the Draft Red Herring Prospectus, visit here.

Striders Impex SME IPO Review

You must look at the financial position of the company before deciding on the investments. You can read our full review article here.

Disclaimer: The information provided on this website is for general informational purposes only. Before making any investment decisions, you must consult with a qualified financial adviser.

IPO Financial Snapshot

IPO Objectives
Working capital requirements ₹10.00 Cr.
Investment in subsidiaries: Striders FZ LLC & in mainland UAE ₹11.00 Cr.
Repayment of Loans ₹2.98 Cr.
General corporate purposes ₹3.95 Cr.
Total Fund Requirement ₹27.93 Cr.
IPO Key Metrics
Pre IPO EPS
₹5.97
Earnings Per Share
Post IPO EPS
₹2.87
Earnings Per Share
Pre IPO P/E
₹12.06
Price to Earnings
Post IPO P/E
₹25.07
Price to Earnings
Market Capitalization
₹134.04 Cr.
Post-IPO Market Cap

✅Strengths

  • Scalable asset-light business model
  • Global brand licensing partnerships
  • International presence in UAE
  • Diverse multi-channel revenue streams

⚠️Weaknesses

  • Aggressively priced equity shares
  • Slow cash collection cycle
  • Lead manager’s weak track-record
  • Recent decline in profits

About Striders Impex Ltd.

Striders Impex Ltd. started its business in 2021. The company operates in the Consumer Goods sector. It manufactures toys and kids merchandise for the Indian and UAE market. Its main office is in Mumbai. The business is asset-light business model. The firm employs 36 workers in various departments.

Main Offerings:

  • Plush toys, interactive toys, stationery, school bags, and activity sets.

Key Strength:

  • Asset-light distribution and licensing model

Company Address: 14th Floor, Office No. 1406 & 1407 Ajmera Sikova, Sikova Industrial Marg, LBS Marg, Ghatkopar(W), Mumbai, 400086.

You can contact the company via call or email.

022-40158212 / cs@striders.biz

Intermediaries & Key Contacts

Official stakeholders managing the IPO process
REGISTRAR
MUFG Intime India Pvt. Ltd.
+91-22-4918 6270
stridersimpex.smeipo@in.mpms.mufg.com
LEAD MANAGER
Pre-IssueCapital Square Advisors Pvt. Ltd.
MARKET MAKER
Nikunj Stock Brokers Ltd.
RESERVATION
2,52,800 shares (agg. up to ₹2 Cr)
PROMOTERS
Kumarshri Rajkumar Bahety
Mariya Mustafa Kapasi
Mustafa Esmail Kapasi
Pre-Issue95.49%
Post-Issue69.52%
Visit important links for more information:

Frequently Asked Questions

What is Striders Impex IPO?

Striders Impex IPO offers 50,40,000 equity shares at ₹72 each, totalling ₹36 Crores. The IPO runs from February 26 to March 2, 2026. The minimum order quantity is 1600 shares.

The company designs and distributes toys and children’s products. They work with global licensed brands and also develop their own proprietary product lines.

What is the minimum amount needed for this IPO?

Retail investors must apply for at least 1 lot. This consists of 3,200 shares, requiring a total investment of ₹2,30,400.

Where will the shares be traded after listing?

The company’s shares are scheduled to be listed on the NSE SME (Emerge) platform following the allotment process.

Who is managing the share registration?

MUFG Intime India Private Limited is the official registrar. They handle the allotment status and refund processes for investors.

What are the primary risks for investors?

Key concerns include the high valuation of shares, rising trade receivables, and high competition in the toy retail industry.

What is the issue size of Striders Impex IPO?

The total issue is worth ₹36.29 crores. This includes ₹32.63 crores in fresh equity and an offer for sale worth ₹3.66 crores.

Sanjay Bambhaniya
Sanjay Bambhaniya
Sanjay has 8+ years of experience in data-driven IPO insights. His expertise in digital marketing and web development complements his financial knowledge and helps him to develop effective fintech solutions. He is an entrepreneur and director who helps investors understand complex primary market trends in easy-to-understand IPO reports, news, and updates.
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