Striders Impex Limited IPO Opens Feb 26: What Investors Should Know

The primary market is set to welcome another SME offering as the Striders Impex Limited IPO prepares to open for subscription on February 26, 2026. The issue will remain open until March 2, 2026, giving investors a three-day window to place their bids. The company plans to list its shares on the NSE Emerge platform, which is dedicated to small and medium enterprises.

Striders Impex has fixed the price band at ₹71 to ₹72 per equity share, with a face value of ₹10 per share. At the upper end of the price band, the company aims to raise approximately ₹36 crore through this public issue. The IPO consists of a fresh issue of shares along with a small Offer for Sale component.

Investment Details and Lot Size

Retail investors looking to apply should note that the minimum lot size is 1,600 shares. However, the minimum application for retail participation is 3,200 shares, which translates to an investment of around ₹2,30,400 at the upper price band. As per the allocation structure, 50 percent of the issue is reserved for Qualified Institutional Buyers (QIBs), 15 percent for Non-Institutional Investors (NIIs), and 35 percent for retail investors.

The basis of allotment is expected to be finalized on March 4, 2026, while refunds for unsuccessful applicants will likely be initiated on March 5, 2026. Shares are expected to be credited to demat accounts on the same day, with the tentative listing scheduled for March 6, 2026.

About the Company

Striders Impex Limited operates in the toys and kids’ products segment. The company is primarily engaged in the distribution, marketing, and trading of children’s merchandise across domestic and international markets. Over the past few years, the company has expanded its operations steadily.

For the financial year ended March 2025, the company reported revenue of around ₹61.87 crore, while net profit stood at approximately ₹8.41 crore. Compared to previous financial years, the company has shown noticeable improvement in profitability, supported by better margins and operational efficiency.

Utilization of Funds

The company intends to use the net proceeds from the fresh issue mainly for working capital requirements and expansion activities. A portion of the funds will also be invested in its subsidiary, Striders FZ LLC, and for setting up operations in the UAE. Additionally, part of the funds will go towards general corporate purposes and strengthening its financial position.

Grey Market Premium (GMP) Update

As of now, there is no strong grey market premium trend available for the IPO. Market participants are closely watching subscription numbers and overall investor interest to assess potential listing performance. Since SME IPOs can be volatile, investors are advised to evaluate risks carefully before applying.

Market Outlook

The SME IPO segment has witnessed steady participation in recent months, and Striders Impex will be looking to attract both retail and institutional investors with its growth story. While the company’s improving financial performance is a positive sign, market conditions and subscription response will play a key role in determining its listing outcome.