Striders Impex Ltd IPO
IPO Timeline
Category-wise Subscription
| Category | Sub (x) | Offered | Bid For | Amt (Cr)* |
|---|---|---|---|---|
| QIB | — | 2,390,400 (47%) | — | ₹1,721 Cr |
| NII (HNI) | — | 720,000 (14%) | — | ₹518 Cr |
| Retail | — | 1,676,800 (33%) | — | ₹1,207 Cr |
| Market Maker | — | 252,800 (5%) | — | ₹18 Cr |
| Σ Total | — | 5,040,000 (100%) | — | ₹36,288 Cr |
Only available investor categories are shown. Amount is auto-calculated when shares offered and issue price are available.
Issue Details
Minimum Investment (Lot-wise)
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 1,600 | ₹115,200 |
| Retail (Max) | 13 | 20,800 | ₹1,497,600 |
| S-HNI (Min) | 14 | 22,400 | ₹1,612,800 |
| B-HNI (Min) | 67 | 107,200 | ₹7,718,400 |
Financial Statements Amount in ₹ Crore
| Metric | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Revenue | 50 | 62 | 42 |
| EBITDA | 6 | 9 | 5 |
| Profit After Tax | 4 | 8 | 4 |
| Net Worth | 24 | 15 | 6 |
| Total Assets | 59 | 49 | 29 |
| Reserves & Surplus | 10 | 15 | 6 |
| Total Borrowing | 23 | 21 | 15 |
Valuation & Key Ratios
Grey Market Premium (GMP)
GMP is an unofficial grey market indicator and does not guarantee actual listing price. Invest at your own risk.
Objects of the Issue
- Funding of working capital requirements of the Company – 10.00
- Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements; – 4.50
- Investment in a newly wholly owned subsidiary in mainland UAE to fund its working capital requirements – 6.50
- Repayment of Loans – 3.00
- General corporate purposes –
Company Overview
Incorporated in 2021, Striders Impex Limited is primarily engaged in the business of licensing, own brand development, and distribution of toys and kids' consumer merchandise.
The Company offers end-to-end solutions from product design and development to sourcing, manufacturing and distribution, catering to retail formats across India and select international markets.
The Company offers strategically investing in building its direct-to-consumer online channels through e-commerce platforms, while continuing to strengthen its offline distribution network.
On the domestic front, the Company aims to expand its retail distribution by deepening its presence across more cities, while continuing its supplies to premium retail chains such as Timezone and Landmark.
Business Model:
- Licensing & Brand Partnerships
- Sourcing and Manufacturing
- Distribution Strategy
Products: Licensed merchandise, proprietary brands, novelties, plush toys, interactive plush, stationery, activity sets, children’s accessories, school bags, water bottles, and lunch boxes.
As on 31st December, 2025, the company had total of 36 employees.
Competitive Strengths:
- Asset-Light Business Model
- Trusted Licensing Partnerships with Global Brands
- Brand Equity and Consumer Liking
- Strategic Presence in High-Growth Markets
- Strategic Presence in High-Growth Markets
- Diversified Revenue Base Across Channels and Geographies