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SI

Striders Impex IPO

Listed SME NSE SME · Leisure Products

Price Band

₹71.0–72.0

Issue Size

₹36.29 Cr

Lot Size

1,600 shares

Min Investment

₹230,400

2 LOTS MIN

GMP

Grey Market Premium — the unofficial premium buyers are currently willing to pay over the issue price once this IPO lists. It's an informal market estimate, not guaranteed, and can move daily right up to listing day. Learn more: GMP vs Kostak vs Sauda →

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Issue Price

₹72.0

Striders Impex IPO AI Summary

  • Striders Impex IPO is listed on NSE SME in the Leisure Products sector.
  • Price band: ₹71.0–₹72.0 per share, lot size 1,600 shares (min. investment ₹230,400, 2 lots minimum).
  • Subscription window: 26 Feb–02 Mar 2026, listing on 06 Mar 2026.

TopFund is not SEBI-registered — this is educational analysis, not personalized investment advice.

Important Dates

IPO Open Date
Thu, 26 Feb 2026
IPO Close Date
Mon, 02 Mar 2026
Allotment Date
Wed, 04 Mar 2026
Refund Initiation
Thu, 05 Mar 2026
Credit of Shares
Thu, 05 Mar 2026
Listing Date
Fri, 06 Mar 2026
Listing Price
₹72.0 +0.0%

Subscription Status

Subscription data unavailable

Striders Impex IPO Grey Market Premium (GMP) Today

GMP not available yet

Grey Market Premium is updated daily. Check back closer to the listing date.

About the Company

Incorporated in 2021, Striders Impex Limited is a company primarily engaged in the business of licensing, own brand development, and distribution of toys and kids' consumer merchandise. The company follows a strategic, asset-light business approach, focusing on licensing with global brands. It is involved in both developing and distributing licensed merchandise, as well as cultivating a portfolio of proprietary intellectual properties (IPs). Intellectual Properties (IPs): Striders Impex Limited has created and developed its own suite of IPs, which include: Pugs at Play and Furry Pals, Gurliez, Fanster, Beezy Kits, Minds at Play, SHDZ, Boujees and Striders Market Presence and Distribution: The company has a well-established, pan-India presence, catering to diverse consumer markets across urban and semi-urban regions. Acknowledging the growth of digital retail, Striders Impex Limited has also established a significant footprint across major e-commerce and quick commerce platforms in India, with its products currently available on Amazon and Flipkart. This provides direct access to the growing online consumer base, especially for impulse and convenience categories like toys and gifting. Corporate Structure: Striders Impex Limited operates primarily through offices and warehouses located in Mumbai, with its registered office situated in Maharashtra. As of the date of the Draft Red Herring Prospectus, the company employs a total of 34 employees.

Company Financials (₹ Cr)

As of 2025-12-31

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

Key Ratios

EPS

₹5.97

NAV

₹11.09

ROCE

57.96%

RoNW

55.81%

P/B Value

6.49

P/E Ratio

12.06

Market Cap

₹134.04 Cr

PAT Margin

13.59%

Debt/Equity

1.36

Promoters

Kumarshri Rajkumar Bahety, Mariya Mustafa Kapasi and Mustafa Esmail Kapasi

Objects of the Issue

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 6 Issue Expenses 4.70 Total 32.62

IPO Evaluation

Generated 23 Sep 2026

Revenue Trend

Total Income was ₹41.77 Cr in the period ending 31 Mar 2024, increasing to ₹61.95 Cr by 31 Mar 2025, before declining to ₹49.61 Cr in the most recent period ending 31 Dec 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.

Profit Trend

Profit After Tax was ₹4.39 Cr in the period ending 31 Mar 2024, rising to ₹8.41 Cr by 31 Mar 2025, then decreasing to ₹4.01 Cr in the period ending 31 Dec 2025, though this is a 9-month figure, not a full year, so isn't directly comparable.

Grey Market Premium, Explained

The Grey Market Premium (GMP) refers to the unofficial trading of shares before they are listed on the stock exchange. It indicates the expected premium or discount at which the shares may list compared to the issue price. A positive GMP suggests that the stock may list at a higher price than the issue price, while a negative GMP indicates the opposite.

Who This IPO Suits

Investors comfortable with short-term volatility and a long-term horizon typically weigh IPOs like this against their investment goals and risk tolerance. It's essential to consider the company's growth potential and market conditions before making a decision.

Who May Want to Wait

Conservative investors who prefer stable returns and are averse to the risks associated with new market entrants may want to avoid this IPO. Additionally, those seeking immediate returns may find the inherent uncertainties of IPO investments challenging.

IPO Timeline, Explained

The IPO process includes several key dates: the issue opens on 26 February 2026 and closes on 2 March 2026. Allotment of shares will be done by 4 March 2026, with the listing of shares expected on 6 March 2026.

Listing Gains — The Risk

Listing gains refer to the potential profit an investor can make when shares are listed on the stock exchange at a price higher than the issue price. However, these gains are not guaranteed and can be influenced by market conditions, investor sentiment, and overall demand for the stock on the listing day. Investors should be aware of the risks involved in trading on the listing day.

This evaluation is generated from Striders Impex's own public IPO filing data for educational purposes and is not investment advice or a recommendation to apply, subscribe to, or avoid this issue — see Broker Recommendations below for named third-party research views (clearly attributed, not TopFund's own). TopFund is not a SEBI-registered investment adviser — see our Disclaimer.

Frequently Asked Questions

What is the price band of Striders Impex IPO?

The price band of Striders Impex IPO is ₹71.0–₹72.0 per share.

When does Striders Impex IPO open and close?

Striders Impex IPO opens on 26 February 2026 and closes on 02 March 2026.

When does Striders Impex IPO list on the stock exchange?

Striders Impex IPO listed on 06 March 2026 at ₹72.0.

What is the lot size for Striders Impex IPO?

The lot size for Striders Impex IPO is 1600 shares, requiring a minimum investment of ₹230,400 (2 lots).

What is the price band for the IPO?

The price band for the IPO is ₹71.0 to ₹72.0.

What is the minimum investment required?

The minimum investment required is ₹230,400.

What is the lot size for the IPO?

The lot size for the IPO is 1,600 shares.

When is the listing date of the shares?

The listing date of the shares is 6 March 2026.

What does GMP mean?

GMP stands for Grey Market Premium, which indicates the expected premium or discount at which the shares may list compared to the issue price.

Issue Details

Issue Type SME Book Built
Issue Size ₹36.29 Cr
Price Band ₹71.0 – ₹72.0
Issue Price ₹72.0
Lot Size 1,600 shares
Min Investment ₹230,400 (2 lots minimum)
Exchange NSE SME
Sector Leisure Products
Open Date 26 Feb 2026
Close Date 02 Mar 2026
Allotment 04 Mar 2026
Listing Date 06 Mar 2026

Investor Allocation

QIB (Institutional) 50%
NII / HNI 15%
Retail (RII) 35%

Registrar

MUFG Intime India Pvt.Ltd.

Lead Managers / Book Running

Capital Square Advisors Pvt.Ltd.

IPO Timeline

Open

26 Feb 2026

Close

02 Mar 2026

Allotment

04 Mar 2026

Listing

06 Mar 2026

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