Allotment

Striders Impex Ltd. IPO is a book-built issue aggregating to ₹36.29 crore, comprising a fresh issue of 0.45 crore shares worth ₹32.62 crore and an offer for sale of 0.05 crore shares amounting to ₹3.66 crore.
The IPO will open for subscription on February 26, 2026, and close on March 2, 2026. The allotment is expected to be finalized on March 4, 2026, and the shares are scheduled to be listed on the NSE SME platform on March 6, 2026 (tentative).
The price band for the issue has been fixed at ₹71 to ₹72 per share, with a lot size of 1,600 shares. Retail investors must apply for a minimum of 3,200 shares, requiring an investment of ₹2,30,400 at the upper price band. For HNI investors, the minimum application size is 4,800 shares (3 lots), amounting to ₹3,45,600.
The issue is being managed by Capital Square Advisors Pvt. Ltd. as the Book Running Lead Manager, while MUFG Intime India Pvt. Ltd. serves as the registrar to the issue. The market-making responsibilities have been assigned to Nikunj Stock Brokers Ltd..
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IPO Market price
| IPO Date | 6 Mar |
| IPO Listing Date | 6 Mar |
| IPO Face Value | ₹10.00 per share |
| IPO Price Range | ₹72.00 |
| IPO Issue Size | 50,40,000 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | NSE SME Platform |
| Share Holding Pre Issue | 1,40,85,680 shares |
| IPO Open Date | 26 Feb |
| IPO Close Date | 2 Mar |
| IPO Allotment (Tentative) | 4 Mar |
| Refunds | 5 Mar |
| Credit to Demat Account | 5 Mar |
| IPO Listing Date | 6 Mar |
| Category | Offer |
|---|---|
| QIB Shares Offered | 23,90,400 Shares |
| NII (HNI) Shares Offered | 7,20,000 Shares |
| Retail Shares Offered | 16,76,800 Shares |
Investors are required to apply for a minimum of 3,200 shares, and bids can be placed in multiples of 1,600 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,30,400 |
| S-HNI (Min) | 3 | 4,800 | ₹3,45,600 |
| S-HNI (Max) | 8 | 12,800 | ₹9,21,600 |
| B-HNI (Min) | 9 | 14,400 | ₹10,36,800 |
Striders Impex Limited, incorporated in 2021, operates in the licensing, brand development, and distribution of toys and children’s consumer merchandise. The company provides end-to-end solutions covering product design and development, sourcing, manufacturing, and distribution, serving various retail formats across India and select international markets. It is also strengthening its direct-to-consumer presence through leading e-commerce platforms while expanding its offline distribution footprint.
In the domestic market, the company is focused on expanding its retail reach across more cities and maintaining strong relationships with premium retail chains such as Timezone and Landmark. Its business model is built around licensing and brand partnerships, efficient sourcing and manufacturing, and a well-structured distribution strategy.
The company’s product portfolio includes licensed merchandise, proprietary brands, novelties, plush and interactive plush toys, stationery, activity kits, children’s accessories, school bags, water bottles, and lunch boxes. As of December 31, 2025, Striders Impex Limited had a total workforce of 36 employees.
Competitive Strengths
| 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 |
| ROE | - |
| ROCE | 25.98% |
| Debt/Equity | 0.97 |
| RoNW | 17.05% |
| PAT Margin | 8.09% |
| EBITDA Margin | 13.09% |
| Price to book value | 4.22 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 10 |
| 3 | To meet out the General Corporate Purposes; | - |
| 4 | Offer for Sale (OFS) | - |
Striders Impex Ltd. 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
https://www.striders.biz/
IPO Registrar
MUFG Intime India Pvt.Ltd.
+91-22-4918 6270
stridersimpex.smeipo@in.mpms.mufg.com
https://in.mpms.mufg.com/Initial_Offer/public-issues.html