| IPO Listing At | NSE SME |
| SME IPO Issue Type | Book Build Issue |
| Total Issue Size | ₹36.29 Cr |
| Reserved for Market Maker | ₹1.82 Cr |
| Net Issue Size | ₹36.29 Cr |
| Fresh Issue | ₹30.80 Cr |
| Offer for Sale | ₹3.66 Cr |
| Face Value | โน10 Per Equity Share |
| Price Band | โน71.00-72.00 per share |
| NSE Code | STRIDERS |
| Registrar | MUFG Intime India Pvt.Ltd. |
| Lead Managers |
Disclaimer: GMP is sourced from grey market dealers and is indicative only. Always conduct your own due diligence.
* Allotment, Refund, Demat Credit & Listing dates are tentative and subject to change.
Minimum bid: 3,200 shares ยท Multiples of 1,600 shares
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.
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (โน 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 |
| 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 | |||
| 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 |
| Metric | Pre IPO | Post IPO |
|---|---|---|
| EPS (โน) | 5.97 | 2.87 |
| P/E (x) | 12.06 | 25.07 |
| Promoter Holding | 95.49% | 69.52% |
| Market Cap | โน134.04 Cr. | |