Striders Impex Limited
Bookbuilding IPO · NSE
- Price band
- ₹71 - ₹72
- Lot size
- 1,600 shares
- Issue amount
- ₹36.28 cr
- Total subscription
- 1.41×
- Opens
- 26 Feb 2026
- Closes
- 2 Mar 2026
- Allotment
- 4 Mar 2026
- Listing
- 6 Mar 2026
Offer at a glance
Issue overview
- Issue size
- 50,40,000 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,13,600
- Fresh issue
- ₹32.62 cr
- Offer for sale
- ₹3.66 cr
- Registrar
- Link Intime India Private Limited
- Listing exchange
- NSE
- Maximum investment
- ₹1,15,200
- Issue type
- Bookbuilding IPO
- Shares before issue
- 1,40,85,680
- Shares after issue
- 1,86,16,880
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 3,200 | ₹2,30,400 |
| sHNI | 3 | 4,800 | ₹3,45,600 |
| bHNI | 9 | 14,400 | ₹10,36,800 |
Share reservation
Subscription & GMP
Subscription by category
Reported 2 Mar 2026
GMP history
Day-wise demand
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| QIB | 0 | 5 |
| NIB | 0 | 38 |
| RETAIL | 524 | 407 |
| HNIs(10L +) | 100 | 10 |
| HNIs (2-10L) | 50 | 28 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| QIBs | 6.89 | 14.01 |
| FIIs | 0 | 9.01 |
| Others | 0 | 5 |
| RETAIL | 12.07 | 9.38 |
| NIB | 5.18 | 10.63 |
| HNIs 2+ | 1.73 | 1.92 |
| HNIs 10+ | 3.46 | 8.71 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Dec-25 | Mar-25 | Mar-24 |
|---|---|---|---|
| EPS | 2.91 | 6.27 | 3.27 |
| ROE | 17.05 | 56.51 | 67.78 |
| ROCE | 0 | 0 | 0 |
| RONW | 0 | 0 | 0 |
| PRE IPO(PE) | 0 | 12.06 | 0 |
| POST IPO(PE) | 25.07 | 0 | 0 |
Values and labels as reported in the issue data.
Peer comparison
| Company | P/E(X) | CMP* (₹) | Face value (₹) | NAV/Share (₹) | RONW(%) | EPS (Basic) (₹) |
|---|---|---|---|---|---|---|
| Ok Play India Limited | 0 | 5.49 | 1.00 | 4.43 | -0.59% | -0.02 |
| Strider Impex Limited | 12.06 | 72.00 | 10.00 | 11.09 | 56.51 | 6.27 |
Company information
Company profile
Incorporated in 2021, Striders Impex Limited is involved in licensing, developing its own brands, and distributing toys and kids’ consumer merchandise while following an asset-light business model that focuses on global brand licensing along with building proprietary intellectual properties. Its in-house brand portfolio includes Pugs at Play, Furry Pals, Gurliez, Fanster, Beezy Kits, Minds at Play, SHDZ, Boujees, and Striders, helping strengthen brand ownership and improve margins. The company has built a pan-India distribution network covering urban and semi-urban markets and maintains a strong online presence through platforms like Amazon and Flipkart to tap into digital and quick-commerce demand, operating from offices and warehouses in Mumbai, Maharashtra, with a lean team of 34 employees that supports a scalable and cost-efficient structure.
Strengths
- Asset-Light, Licensing-Driven Model: By leveraging licensing partnerships and outsourced manufacturing, the company reduces capital expenditure requirements, enabling scalable growth with lower operational and fixed-cost risk.
- Dual-Country Supply Chain Advantage: A diversified sourcing framework across geographies supports cost efficiency, mitigates concentration risk, and enhances supply chain resilience.
- Strong IP Portfolio & Brand Positioning: Ownership of multiple proprietary brands strengthens long-term brand equity, improves pricing power, and offers higher margin potential compared to pure trading-led models.
Risk factors
- Dependence on China-Based Manufacturers: Purchase order-driven sourcing from China exposes the company to supply chain disruptions, geopolitical uncertainties, trade restrictions, and currency fluctuations that may impact cost and availability.
- Reliance on Licensed Intellectual Properties: Termination or non-renewal of licensing agreements with third-party IP owners could materially affect the product portfolio, brand positioning, and revenue continuity.
- Customer Concentration Risk: A significant share of revenue is derived from key customers; any reduction in demand or loss of such clients may adversely impact revenue stability and cash flows.
Promoters
Kumarshri Rajkumar Bahety
Mariya Mustafa Kapasi
Mustafa Esmail Kapasi
Registrar & documents
Lead manager
Capitalsquare Advisors Private Limited
Registrar & contacts
Link Intime India Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
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
[email protected]Company website ↗Understanding STRIDERS IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.