Striders Impex

Striders Impex

CLOSED

IPO Date: 26 Feb - 2 Mar 2026

Listing Date: 6 Mar 2026

Price Range

Rs.71 - Rs.72

Issue Size

36 Cr

Min Investment

1,13,458

Lot Size

1598 Shares

Schedule of Striders Impex

Issue open date

26 Feb 2026

Issue close date

2 Mar 2026

UPI mandate deadline

2 Mar 2026 (5 PM)

Allotment finalization

4 Mar 2026

Share credit

5 Mar 2026

Listing date

6 Mar 2026

Mandate end date

17 Mar 2026

Issue size

Funds Raised in the IPOAmount
Overall36 Cr
Fresh Issue32.62 Cr
Offer for Sale3.66 Cr

Allotment DetailsNew

Allotment TimelineDetails
Allotment Date4 Mar 2026
Allotment Link{Link}

Grey Market PremiumNew

Grey Market Premium (GMP) is the premium at which the shares are traded in the grey market. It gives a fair idea about the listing price of the IPO shares. The GMP can be positive or negative based on the demand and supply of the shares in the grey market.

DateIpo PriceGMPEstimated Listing Price
5 Mar 202672072 (0%)
3 Mar 202672072 (0%)
1 Mar 202672072 (0%)
28 Feb 202672072 (0%)
27 Feb 202672072 (0%)
25 Feb 202672072 (0%)
24 Feb 202672072 (0%)
23 Feb 202672072 (0%)
22 Feb 202672072 (0%)
21 Feb 202672072 (0%)
20 Feb 202672072 (0%)

Performance Striders Impex

Issue PriceListing GainCurrent Market PriceP/L
Rs.71 - Rs.72 120 (-2.78%) 67-6.94%

About Striders Impex

Striders Impex Limited is engaged in the business of licensing, own brand development, and distribution of toys and kids’ consumer merchandise. The company provides end-to-end solutions covering product design and development, sourcing, manufacturing through third parties, and distribution across retail formats in India and select international markets. It develops and distributes licensed merchandise and also owns proprietary intellectual properties (IPs), including Pugs at Play, Furry Pals, Gurliez, Fanster, Beezy Kits, Minds at Play, SHDZ, Boujees, and Striders. Its products cater to children between 18 months and 15 years of age. In addition to its operations in India, Striders Impex has a presence in the Middle East through its wholly owned subsidiary, Striders FZ LLC, and operates through a network of distributors supporting its international distribution activities.

Founded in2021
Managing directorMr Mustafa Esmail Kapasi and Mr Kumarshri Rajkumar Bahety
Parent organization

Financial Overview

Strengths

  • Asset-light, licensing-led business model supports scalability and capital efficiency.
  • Strong partnerships with globally recognised licensors enhance brand appeal.
  • Growing portfolio of proprietary IPs strengthens margins and brand equity.
  • Diversified multi-channel distribution across retail and e-commerce platforms.
  • Strategic presence in India and the UAE diversifies revenue streams.

Risks

  • High dependence on top suppliers for a significant portion of procurement.
  • Revenue concentration in key product categories, such as bags and back-to-school.
  • Exposure to foreign exchange fluctuations due to overseas operations.
  • Reliance on third-party manufacturers, including suppliers in China and India.
  • Working capital–intensive operations requiring continuous liquidity support.

Subscription Figures

CategorySubscription (No. of times)
Qualified Institutional Buyers (QIBs)2.03
Non-Institutional Investors (NIIs)1.51
Retail Individual Investors (RIIs)0.75
EmployeeN/A
Total1.3