Striders Impex IPO is a book-built issue worth ₹36 Crore. The issue is a mix of fresh issue of ₹32.62 crores and an offer for sale of 0.05 crore shares aggregating to ₹3.66 crores. The IPO will open for subscription on February 26, 2026, and close on March 02, 2026.
The basis of allotment is expected to be finalised on March 04, 2026, with tentative listing scheduled on NSE SME for March 06, 2026. The price band for the Striders Impex IPO has been fixed at ₹71 to ₹72 per share.
Investors can bid for Striders Impex IPO with a minimum of 2 lots, having 3,200 Shares. For retail investors, the minimum investment required is ₹2,30,400. For high-net-worth investors (bHNI), the lot size stands at 9 lots, equal to 14,400 shares, amounting to ₹10,36,800.
Capital Square Advisors Pvt Ltd is the book-running lead manager (BRLM), and MUFG Intime India Pvt Ltd is the registrar of the issue. Detailed information is available at the Striders Impex IPO RHP.
Striders Impex IPO Objectives
- Funding investment requirements for Striders FZ LLC, a wholly owned subsidiary.
- Investment in a newly wholly-owned subsidiary in the mainland UAE to fund its working capital requirements
- Repaying loans
- Working capital requirements
- General corporate purposes.
About Striders Impex Limited
Incorporated in 2021, Striders Impex Limited operates in the licensing, proprietary brand development, and distribution of toys and children’s consumer merchandise. The Company provides end-to-end solutions spanning product design, development, sourcing, manufacturing, and distribution, serving a diverse range of retail formats across India and select international markets.
Beyond licensing, Striders Impex has developed a strong portfolio of proprietary intellectual properties (IPs), including Pugs at Play, Furry Pals, Gurliez, Fanster, Beezy Kits, Minds at Play, SHDZ, Boujees, and Striders. These IPs are strategically crafted using in-depth market research and consumer insights, allowing the Company to enhance brand equity, diversify its product range, and optimise margins.
Operating on an asset-light, scalable model with a growing global footprint, Striders Impex aims to establish itself as a leading player in the toy and children’s merchandise sector. Its offerings span a broad age range, catering to children from 18 months to 15 years, ensuring products meet developmental, educational, and entertainment needs.
The Company’s robust licensing partnerships with renowned international brands enable it to design, produce (through third-party manufacturers), and distribute merchandise featuring popular characters and themes. These collaborations enhance market acceptance, strengthen consumer recall, and reinforce Striders Impex’s position in both domestic and international markets.
Industry Outlook
- The toy market will continue to serve various age groups and developmental needs through a wide range of products, including classic toys, educational games, electronics, collectables, puzzles, and outdoor equipment, reflecting steady demand for both traditional and innovative toys.
- Toy stores that provide an immersive and focused shopping experience remain crucial, as they allow customers to interact with products physically, enhancing purchase confidence and supporting brand loyalty.
- The industry is highly sensitive to economic conditions. Rising inflation and uncertainty can shift consumer behaviour toward more economical choices, including cheaper alternatives or second-hand toys, potentially reducing overall sales.
- Premium and branded toys are particularly affected by consumer confidence. Economic downturns or cautious spending habits can lead to lower sales volumes and revenue declines for higher-end products.
How To Apply for the Striders Impex IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Striders Impex IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
How To Check the Allotment Status of Striders Impex IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
Contact Details of Striders Impex IPO
14th Floor, Office No. 1406 & 1407, Ajmera Sikova, Sikova Industrial Marg, LBS Marg, Opp. Damodar Park, Nr Ashok Mill, Ghatkopar(W), Mumbai-400086, Maharashtra, India
Phone:022-40158212
E-mail:cs@striders.biz
Striders Impex IPO Reservation
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 2,52,800 (5.02%) |
| QIB Shares Offered | 23,90,400 |
| - QIB (Ex. Anchor) Shares Offered | - |
| NII (HNI) Shares Offered | 7,20,000 (14.29%) |
| Retail Shares Offered | 16,76,800 (33.27%) |
| Total Shares Offered | 50,40,000 (100.00%) |
Striders Impex IPO Lot Size Details
| Application | Lots | Shares | Amount |
| Retail (Min) | 2 | 3,200 | ₹2,30,400 |
| 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 Promoter Holding
Kumarshri Rajkumar Bahety, Mariya Mustafa Kapasi and Mustafa Esmail Kapasi are the promoters of the company.
| Share Holding Pre-Issue | 95.49% |
| Share Holding Post Issue | 69.52% |
Note: Equity dilution will be determined by subtracting the Shareholding Post Issue from the Shareholding Pre Issue.
Key Performance Indicators for Striders Impex IPO
| KPI (As of December 31, 2025) | Value |
| ROCE (%) | 25.98 |
| RoNW (%) | 17.05 |
| PAT Margin (%) | 8.09 |
| EBITDA Margin (%) | 13.09 |
Striders Impex IPO Registrar and Lead Managers
Striders Impex IPO Lead Managers
Capital Square Advisors Pvt Ltd.
Registrar for Striders Impex IPO
MUFG Intime India Pvt Ltd
Contact Number:+91 810 811 4949
Email Address: Stridersimpex.smeipo@in.mpms.mufg.com
Financial Performance of Striders Impex Limited
| Particulars | Period Ended on Dec 31, 2025 | Year ending on March 31, 2025 | Year ending on March 31, 2024 | Year ending on March 31, 2023 |
| Revenue from Operations (₹ in Lakhs) | 3,785.38 | 6,073.11 | 4,170.48 | 2,996.42 |
| EBITDA (₹ in Lakhs) | 497.36 | 890.31 | 531.38 | 309.12 |
| EBITDA Margin (%) | 13.14 | 14.66% | 12.74% | 10.32% |
| PAT (₹ in Lakhs) | 6.92 | 802.03 | 438.56 | 203.12 |
| PAT Margin (%) | 475.05 | 13.21 | 10.52 | 6.78 |
| ROCE (%) | 20.94 | 57.40 | 74.93 | 128.76 |
Strengths and Opportunities of Striders Impex Limited
- Leverages third-party manufacturing in China and India, enabling low capital expenditure, operational flexibility, and rapid growth.
- Partnerships with globally recognised licensors provide access to high-value IPs without content development costs.
- Ownership of brands like Pugs at Play, Furry Pals, and Gurliez allows complete creative and commercial control with long-term brand equity.
- Presence across modern trade, general trade, and digital commerce ensures visibility and diversified sales channels.
- Expanding into new product categories like apparel, collectibles, and lifestyle items can increase basket size and consumer reach.
- Strong proprietary IPs can be licensed globally, creating new recurring revenue opportunities.
- Opportunity to develop exclusive or premium products under proprietary IPs to capture niche markets.
Risks and Threats of Striders Impex Limited
- Reliance on external manufacturing partners limits control over quality, lead times, and production costs.
- High working capital requirements from large-scale operations and licensing models create cash flow pressures.
- Fragmented proprietary brand portfolio demands significant marketing investment, potentially diluting focus and resources.
- A thin middle management layer may lead to execution bottlenecks as operations expand.
- Dependence on global licensing arrangements risks adverse impact on sales and market visibility if agreements are not renewed or terminated.
- Intense competition in the toy and kids’ merchandise sector, with aggressive pricing from domestic players and Chinese imports.
- Exposure to regulatory, compliance, and supply chain risks, including product safety standards, IP disputes, import/export restrictions, foreign exchange fluctuations, freight rate volatility, and disruptions in China.
