Striders Impex Ltd. is an Indian company engaged in toy and children’s consumer merchandise. It designs, sources, and distributes products through both domestic and international channels. The business model is asset-light, focusing on licensing popular global brands as well as developing its own proprietary brands (such as Pugs at Play, Furry Pals, Gurliez, Beezy Kits, and more). The company also has a presence in the United Arab Emirates (UAE) through subsidiaries to support overseas distribution. (IPO UPDATES)
🗓 IPO Timeline
| Event | Date |
|---|---|
| IPO Opening Date | 26 Feb 2026 |
| IPO Closing Date | 02 Mar 2026 |
| Basis of Allotment | 04 Mar 2026 |
| Refunds Initiated | 05 Mar 2026 |
| Shares Credited to Demat | 05 Mar 2026 |
| Listing Date | 06 Mar 2026 |
The shares will be listed on the NSE Emerge (SME exchange).
💰 Issue Price & Issue Size
- Price Band: ₹71 – ₹72 per share
- Face Value: ₹10 per share
- Total Issue Size: Approximately ₹36.28 – ₹36.29 Crore (IPO UPDATES)
- Fresh Issue: ~45.31 L shares (~₹32.62 Cr)
- Offer For Sale: ~5.08 L shares (~₹3.66 Cr)
- Total Shares Offered: 50,40,000 shares
🪙 Lot Size & Minimum Investment
- Lot Size: 1,600 shares
- Minimum Application: 2 lots = 3,200 shares
- Approx. Minimum Investment: ₹2,30,400 (at ₹72)
For HNI investors, larger lots may be applied for (e.g., 9 lots = 14,400 shares).
📊 Allocation (Reservation)
The issue is divided among investors as follows:
| Category | Allocated Shares |
|---|---|
| Qualified Institutional Buyers (QIB) | 50% |
| Non-Institutional Investors (HNI) | 15% |
| Retail Individual Investors | 35% |
| Market Maker Portion | ~5.02% (around 2,52,800 shares) |
📈 Financial Performance (Recent)
The company’s financial trend (figures in ₹ Crores):
| Period | Total Revenue | Profit After Tax (PAT) |
|---|---|---|
| FY2023 | ~29.96 | ~2.03 |
| FY2024 | ~41.70 | ~4.39 |
| FY2025 | ~61.87 | ~8.41 |
| 9M FY2026 | ~49.61 | ~4.01 |
This shows significant growth in revenue and profit over the last few years, although profits slowed somewhat in the nine months ending Dec 2025 compared to FY25.
🎯 Use of IPO Proceeds
Proceeds from the IPO will be used for:
- Funding working capital requirements
- Investments in Striders FZ LLC and a proposed new subsidiary in the mainland UAE
- Repayment of loans
- General corporate purposes
📌 Business Strengths & Strategy
- Asset Light Model: The company focuses on design, sourcing, licensing, and distribution rather than owning large manufacturing plants.
- Proprietary IPs: A growing portfolio of owned brands in addition to licensed products.
- Pan-India Distribution: Presence in retail, general trade, e-commerce, and quick-commerce platforms.
- International Reach: Operations and distribution presence in the UAE.
⚠️ Risk Factors Investors Should Consider
Before investing, note potential risks such as:
- Dependence on licensed intellectual property from third parties, which may require renewals or have limitations.
- Working capital intensity due to inventory and distribution requirements.
- Some market analysts describe the IPO as being “aggressively priced” relative to smaller consumer companies on SME platforms.
📞 Registrar & Lead Manager
- Book Running Lead Manager: Capital Square Advisors Pvt. Ltd.
- Registrar: MUFG Intime India Pvt. Ltd.
🧾 How to Apply
Once the IPO opens (26 Feb 2026):
- Log in to your demat/trading account.
- Go to the IPO section.
- Choose your bid price (₹71–₹72).
- Enter the number of shares (in multiples of 1,600).
- Complete payment (ASBA or UPI mandate).
All bids must be placed by 5:00 PM on 2 Mar 2026.
📌 Summary
👉 Striders Impex Ltd. IPO is a book-built SME IPO opening soon, with a price band of ₹71–₹72 and an issue size of approx ₹36 Cr.
👉 Retail investors must invest at least ₹2.3 lakh.
👉 The company blends licensed products with proprietary brands and aims to expand in India and overseas using IPO funds.
DISCLAMER
The information shared here is intended solely for educational and general awareness purposes. Any securities, investments, or IPO-related details mentioned should not be interpreted as financial advice or investment recommendations. Readers are encouraged to conduct their own independent research or seek guidance from a qualified financial professional before making investment decisions.
IPO-related updates are provided for informational use only. Market trends, past performance, or investor interest do not ensure future outcomes. We are not registered with SEBI. Investments in IPOs and the securities market involve inherent risks, and individuals should carefully evaluate their financial situation or consult a certified financial advisor before investing.
