Striders Impex
February 26, 2026 – March 2, 2026
| Price | ₹71 - ₹72 |
| GMP Rumors * | ₹0 |
|---|---|
| Lot size | 1600 |
| Issue size | ₹36.28 cr |
| Allotment | Mar 4, 2026 |
| Listing | Mar 6, 2026 |
Striders Impex Subscription
Last updated on 02-Mar-2026 16:58:02
| Category | Offered | Applied | Times |
|---|---|---|---|
| QIB | 956800 | 1945600 | 2.03 |
| HNIs | 720000 | 1224000 | 1.7 |
| bHNI | 480000 | 956800 | 1.99 |
| sHNI | 240000 | 267200 | 1.11 |
| Individual | 1676800 | 1302400 | 0.78 |
| Total | 3353600 | 4472000 | 1.33 |
Application-Wise Breakup  | |||
|---|---|---|---|
| Category | Reserved | Applied | Times |
| HNIs (10L+) | 100 | 10 | 0.1 |
| HNIs (3-10L) | 50 | 28 | 0.56 |
| Individual | 524 | 407 | 0.78 |
| Subscription Demand (in ₹ crore) | |||
|---|---|---|---|
| Category | Offered | Demand | Times |
| QIB | 6.89 | 14.01 | 2.03 |
| FII | - | 9.01 | - |
| FI | - | 0 | - |
| IC | - | 0 | - |
| MF | - | 0 | - |
| OTH | - | 5 | - |
| HNIs | 5.18 | 6.99 | 1.35 |
| bHNI | 3.46 | 6.89 | 1.99 |
| sHNI | 1.73 | 1.92 | 1.11 |
| Individual | 12.07 | 9.38 | 0.78 |
| Total | 24.15 | 30.38 | 1.26 |
| QIB Interest Cost Per Share (7 Days) | |||||
|---|---|---|---|---|---|
| @7% ₹0.2 | @8% ₹0.2 | @9% ₹0.3 | @10% ₹0.3 | @11% ₹0.3 | @12% ₹0.3 |
Striders Impex Lot(s) Distribution
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| bHNI | 9 | 14400 | 1036800 | 100 |
Striders Impex Reservation
| Category | Shares Offered | % |
|---|---|---|
| Anchor | 1433600 | 28.44% |
| QIB | 956800 | 18.98% |
| HNI | 720000 | 14.29% |
| INDIVIDUAL | 1676800 | 33.27% |
| Market Maker | 252800 | 5.02% |
| Total | 5040000 | 100% |
Striders Impex About
IPO Details
| Total Issue Size | 50,40,000 shares (aggregating up to ₹36.28 Cr) |
| Fresh Issue | 45,31,200 shares (aggregating up to ₹32.62 Cr) |
| Offer For Sale | 5,08,800 shares (aggregating up to ₹3.66 Cr) |
| Face Value | ₹10/- Per Share |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Share Holding Pre Issue | 1,40,85,680 Equity Shares |
| Share Holding Post Issue | 1,86,16,880 Equity Share |
| Reserved for Market Maker | 2,52,800 shares (aggregating up to ₹1.82 Cr) |
| Market Maker | Nikunj Stock Brokers Ltd. |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 50% of the Net Issue |
| Retail Shares Offered | Not more than 35% of the Net Issue |
| NII Shares Offered | Not more than 15% of the Net Issue |
Key Performance Indicators (KPI)
| KPI | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| ROE | 17.05% | 56.51% | 67.78% |
| EPS (BASIC) | 2.91 | 6.27 | 3.27 |
| P/E PRE IPO | 12.06 | ||
| P/E POST IPO | 25.07 |
Company Financial (In ₹Crore)
| Period Ended | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| Assets | 58.83 | 48.7 | 29.45 |
| Total Income | 49.61 | 61.95 | 41.77 |
| Profit After Tax | 4.01 | 8.41 | 4.39 |
| EBITDA | 6.49 | 9.32 | 5.31 |
| NET Worth | 23.53 | 14.88 | 6.47 |
| Reserves and Surplus | 10.04 | 15.06 | 6.46 |
| Total Borrowing | 22.92 | 20.55 | 14.65 |
Peer Comparision (Valuation)
| Company Name | P/E (x) | CMP*(₹) | Face value (₹) |
|---|---|---|---|
| Strider Impex Limited | 12.06 | 72.00 | 10.00 |
| Ok Play India Limited | - | 5.49 | 1.00 |
| Company | NAV/Share (₹) | RoNW (%) | EPS (Basic) (₹) |
|---|---|---|---|
| Strider Impex Limited | 11.09 | 56.51% | 6.27 |
| Ok Play India Limited | 4.43 | -0.59% | -0.02 |
About Company
Founded in 2021, Striders Impex Limited operates in the toys and kids’ consumer merchandise segment, focusing on brand licensing, proprietary brand development, and product distribution.
The Company delivers integrated solutions covering product ideation, design, sourcing, manufacturing, and distribution, serving multiple retail formats across India and select international markets. Alongside strengthening its offline distribution network, it is actively expanding its direct-to-consumer presence through leading e-commerce platforms.
In India, the Company is working to widen its retail footprint by increasing penetration across cities while continuing partnerships with established retail chains such as Timezone and Landmark.
Business Model
Licensing & Brand Collaborations
Sourcing and Manufacturing
Structured Distribution Network
Product Portfolio
Licensed merchandise and in-house brands including novelties, plush and interactive plush toys, stationery, activity kits, children’s accessories, school bags, water bottles, and lunch boxes.
Strength
Asset-light and licensing-driven model: The company minimizes capital expenditure by leveraging licensing partnerships and outsourced manufacturing, enabling scalability with lower operational risk.
Dual-country supply chain advantage: A diversified sourcing strategy supports cost optimization and reduces dependency on a single geography, enhancing operational flexibility.
Strong IP portfolio and brand positioning: Ownership of multiple proprietary brands provides long-term brand-building potential and improved profitability compared to pure trading models.
Weakness
Dependence on China-based manufacturers: Purchase order-based sourcing from China exposes the company to supply chain disruptions, geopolitical risks and currency fluctuations.
Reliance on licensed intellectual properties: Any termination or non-renewal of licensing agreements with third-party IP owners may impact product portfolio and brand positioning.
Customer concentration risk: A significant portion of revenue comes from key customers; loss or reduced demand from them could adversely affect revenue and cash flows.
Striders Impex Lead Manager(s)
Striders Impex Address
Address
14th Floor, Office No. 1406 & 1407 Ajmera Sikova
Sikova Industrial Marg, LBS Marg,
Opp. Damodar Park, Nr Ashok Mill, Ghatkopar(W)
Mumbai, Maharashtra, 400086
022-40158212
cs@striders.biz
Website: https://www.striders.biz/
Striders Impex Registrar
MUFG Intime India Private Limited (Link Intime)
Link Intime India Private Ltd
C 101, 247 Park,
L.B.S.Marg Vikhroli (West),
Mumbai - 400083