On the domestic front, the Company aims to expand its retail distribution by deepening its presence across more cities, while continuing its supplies to premium retail chains such as Timezone and Landmark.
Business Model:
Bookbuilding IPO | ₹36 Cr | Listed at NSE SME | Thu, Feb 26, 2026 - Mon, Mar 2, 2026
Striders Impex IPO is a book build issue of ₹36.29 crores. The issue is a combination of fresh issue of 0.45 crore shares aggregating to ₹32.62 crores and offer for sale of 0.05 crore shares aggregating to ₹3.66 crores.
Striders Impex IPO bidding started from Feb 26, 2026 and ended on Mar 2, 2026. The allotment for Striders Impex IPO was finalized on Mar 4, 2026. The shares got listed on the NSE SME on Mar 6, 2026.
Striders Impex IPO is set final issue price at ₹72 per share. The lot size for an application is 1,600 shares. The minimum amount of investment required by an individual investor (retail) is ₹2,30,400 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,45,600.
Capital Square Advisors Pvt.Ltd. is the book running lead manager and MUFG Intime India Pvt.Ltd. is the registrar of the issue. The Market Maker of the company is Nikunj Stock Brokers Ltd..
Refer to Striders Impex IPO RHP for detailed Information.
IPO Open
Thu, Feb 26, 2026
IPO Close
Mon, Mar 2, 2026
Issue Price
₹72 per share
Market Cap (Pre-IPO)
₹134.04 Cr
| IPO Date | 26 Feb to 2 Mar, 2026 |
| Listed on | Fri, Mar 6, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹72 |
| Issue Price | ₹72 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh capital cum OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 50,40,000 shares (agg. up to ₹36 Cr) |
| Reserved for Market Maker | 2,52,800 shares Nikunj Stock Brokers Ltd. (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 42,78,400 shares (agg. up to ₹31 Cr) |
| Offer for Sale | 5,08,800 shares of ₹10 (agg. up to ₹4 Cr) |
| Net Offered to Public | 47,87,200 shares (agg. up to ₹34 Cr) |
| Share Holding Pre Issue | 1,40,85,680 shares |
| Share Holding Post Issue | 1,86,16,880 shares |
| NSE Symbol | STRIDERS |
| ISIN | INE1XWN01017 |
Striders Impex IPO comprises a total issue size of 50,40,000 shares. The net offer to the public is 47,87,200 shares, after excluding 2,52,800 shares allotted on a firm basis. Of the Net offer 23,90,400 (49.93%) are allocated to QIB, 7,20,000 (15.04%) allocated to NII 16,76,800 (35.03%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 23,90,400 | 49.93% | 47.43% |
| − Anchor Investor Shares Offered | 14,33,600 | 28.44% | |
| − QIB (Ex. Anchor) Shares Offered | 9,56,800 | 18.98% | |
| NII (HNI) Shares Offered | 7,20,000 | 15.04% | 14.29% |
| − bNII > ₹10L | 4,80,000 | 9.52% | |
| − sNII < ₹10L | 2,40,000 | 4.76% | |
| Retail Shares Offered | 16,76,800 | 35.03% | 33.27% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,52,800 | 5.02% | |
| Total Shares Offered | 50,40,000 | 100.00% | 100.00% |
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| Application | Lots | Shares | 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 IPO raises ₹10.32 crore from anchor investors. Striders Impex IPO Anchor bid date is February 25, 2026.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Feb 25, 2026 |
| Shares Offered | 14,33,600 |
| Anchor Portion (₹ Cr.) | 10.32 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Apr 2, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Mon, Jun 1, 2026 |
Incorporated in 2021, Striders Impex Limited is primarily engaged in the business of licensing, own brand development, and distribution of toys and kids' consumer merchandise.
The Company offers end-to-end solutions from product design and development to sourcing, manufacturing and distribution, catering to retail formats across India and select international markets.
The Company offers strategically investing in building its direct-to-consumer online channels through e-commerce platforms, while continuing to strengthen its offline distribution network.
On the domestic front, the Company aims to expand its retail distribution by deepening its presence across more cities, while continuing its supplies to premium retail chains such as Timezone and Landmark.
Products: Licensed merchandise, proprietary brands, novelties, plush toys, interactive plush, stationery, activity sets, children’s accessories, school bags, water bottles, and lunch boxes.
As on 31st December, 2025, the company had total of 36 employees.
Competitive Strengths:
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 58.83 | 48.70 | 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 |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 10.00 |
| 2 | Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements; | 4.50 |
| 3 | Investment in a newly wholly owned subsidiary in mainland UAE to fund its working capital requirements | 6.50 |
| 4 | Repayment of Loans | 2.98 |
| 5 | General corporate purposes | 3.95 |
| Total | 27.93 |
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROCE | 25.98% | 57.96% |
| Debt/Equity | 0.97 | 1.36 |
| RoNW | 17.05% | 55.81% |
| PAT Margin | 8.09% | 13.59% |
| EBITDA Margin | 13.09% | 15.07% |
| Price to Book Value | 4.22 | 6.49 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.97 | 2.87 |
| P/E (x) | 12.06 | 25.07 |
| Promoter Holding | 95.49% | 69.52% |
| Market Cap | ₹134.04 Cr. |
The Striders Impex IPO is subscribed 1.33 times on March 2, 2026 6:55:00 PM (Day 3). The public issue subscribed 0.78 times in the individual investors category, 2.03 times in the QIB category, and 1.70 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (x) | Shares Offered | Shares bid for | Total Applications |
|---|---|---|---|---|
| QIB (Ex Anchor) | 2.03 | 9,56,800 | 19,45,600 | 5 |
| NII* | 1.70 | 7,20,000 | 12,24,000 | 38 |
| bNII (> ₹10L) | 1.99 | 4,80,000 | 9,56,800 | |
| sNII (< ₹10L) | 1.11 | 2,40,000 | 2,67,200 | |
| Individual Investor | 0.78 | 16,76,800 | 13,02,400 | 407 |
| Total | 1.33 | 33,53,600 | 44,72,000 | 450 |
Total Applications: 450
*Market Maker portion is not included to NII/HNI.
The December 2025 and March 2025 financials are consolidated, while the March 2024 financials have been taken from standalone statements.
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager fees | 0.37 |
| 2 | Underwriting Commission | 1.63 |
| 3 | Brokerage, Selling Commission and Upload Fee | 0.03 |
| 4 | Fees payable to Registrar to the Offer | 0.01 |
| 5 | Fees payable for Advertising and Publishing expenses | 0.07 |
| 6 | Fees payable to Regulators including Stock Exchanges & Depositories | 0.22 |
| 7 | Payment for Printing & Stationery, Postage, etc. | 0.01 |
| 8 | Fees payable to Statutory Auditor, Legal Advisors and other Professionals | 0.13 |
| 9 | Other (Market making, marketing fees, secretarial etc.) | 2.23 |
| Total | 4.70 |
| Price Details | NSE SME |
|---|---|
| Final Issue Price | ₹72.00 |
| Open | ₹70.00 |
| Low | ₹66.50 |
| High | ₹70.00 |
| Last Trade | ₹66.50 |
Lead Manager Reports
Striders Impex IPO is a SME IPO of 50,40,000 equity shares of the face value of ₹10 aggregating up to ₹36 Crores. The issue is priced at ₹72 per share. The minimum order quantity is 1600.
The IPO opens on Thu, Feb 26, 2026, and closes on Mon, Mar 2, 2026.
MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on NSE SME.
Zerodha customers can apply online in Striders Impex IPO using UPI as a payment gateway. Zerodha customers can apply in Striders Impex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Striders Impex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Striders Impex IPO opens on Thu, Feb 26, 2026 and closes on Mon, Mar 2, 2026.
Striders Impex IPO lot size is 1600, and the minimum amount required for application is ₹2,30,400, with 2 lots being the minimum application size.
You can apply in Striders Impex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Striders Impex IPO will be done on Wednesday, March 4, 2026, and the allotted shares will be credited to your demat account by Thu, Mar 5, 2026. Check the Striders Impex IPO allotment status.
The Striders Impex IPO listing date is on Fri, Mar 6, 2026.