Striders Impex Limited is primarily engaged in the business of licensing, own brand development, and distribution of toys and kids’ consumer merchandise. The Company operates an integrated model covering product conceptualization, sourcing, manufacturing coordination, and multi-channel distribution.
The company provide end-to-end solutions covering product design, brand licensing, sourcing and manufacturing coordination, quality control, packaging, and distribution across domestic and select international markets.
Core Business Segments:
- Licensing & Brand Partnerships: The Company offers licensed, character-based children’s products through strategic brand partnerships.
- Proprietary Brand Development: The Company develops and markets its own brands to enhance margins and build long-term brand value.
- Sourcing & Manufacturing: The Company follows an asset-light model, coordinating sourcing and manufacturing through third-party vendors to ensure cost efficiency, scalability, innovation, and quality compliance.
- Distribution Strategy: The Company operates through an offline retail network and premium chains, while expanding its D2C and e-commerce presence across key cities.
The Company offers licensed and proprietary products including plush toys, novelties, stationery, activity sets, school bags, water bottles, lunch boxes, and children’s accessories, catering to diverse age groups and purchase needs.
As of December 31, 2025, the Company had a total of 36 employees, supporting operations across sourcing, marketing, sales, logistics coordination, and corporate functions.

Striders Impex IPO – Details
| IPO Opening Date | 26 February 2026 |
| IPO Closing Date | 02 March 2026 |
| Issue Type | Book Built Issue IPO |
| Issue Size | Total Issue: 50,40,000 Shares Worth ₹36.29 Crore Fresh Issue: 45,31,200 Shares Worth ₹32.63 Crore Offer For Sale: 5,08,800 Shares Worth ₹3.66 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹71 – ₹72 per share |
| Market Lot | 1600 Shares |
| Min Order | 1600 Shares [ 1 Lot ] |
| Listing At | NSE SME |
| Registrar | MUFG Intime India Pvt. Ltd. |
| QIB Shares Offered | 50% |
| NII Shares Offered | 15% |
| Retail Shares Offered | 35% |
Striders Impex IPO – Date Schedule
| IPO Open Date | 26 February 2026 |
| IPO Close Date | 02 March 2026 |
| Basis of Allotment | 04 March 2026 |
| Initiation of Refund | 05 March 2026 |
| Credit of Shares to Demat | 05 March 2026 |
| IPO Listing Date | 06 March 2026 |
| Cut-off time for UPI mandate confirmation | 5 PM on March 02, 2026 |
Striders Impex IPO – Lots Size & Price
| 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 |
Competitive Strength
- Asset-Light Business Model.
- Trusted Licensing Partnerships with Global Brands.
- Brand Equity and Consumer Liking.
- Strategic Presence in High-Growth Markets.
- Diversified Revenue Base Across Channels and Geographies.
Company Promoters
- Kumarshri Rajkumar Bahety
- Mariya Mustafa Kapasi
- Mustafa Esmail Kapasi
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹29.97 Cr | ₹27.21 Cr | ₹2.03 Cr | ₹4.22 Cr |
| 31 March 2024 | ₹41.77 Cr | ₹37.40 Cr | ₹4.39 Cr | ₹14.65 Cr |
| 31 March 2025 | ₹61.95 Cr | ₹52.86 Cr | ₹8.41 Cr | ₹20.55 Cr |
| 31 December 2025 | ₹49.61 Cr | ₹34.20 Cr | ₹4.01 Cr | ₹22.92 Cr |
Key Performance Indicator
| KPI | Values (Dec 31, 2025) |
|---|---|
| ROCE | 25.98% |
| Debt/Equity | 0.97 |
| RoNW | 17.05% |
| PAT Margin | 8.09% |
| EBITDA Margin | 13.09% |
| Price to Book Value | 4.22 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 5.97 | 2.87 |
| P/E (x) | 12.06 | 25.07 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Funding of working capital requirements of the Company. | ₹10.00 |
| Investment in Striders FZ LLC, a wholly owned subsidiary, to fund its working capital requirements; | ₹4.50 |
| Investment in a newly wholly owned subsidiary in the mainland UAE to fund its working capital requirements. | ₹6.50 |
| Repayment of Loans. | ₹3.00 |
| General corporate purposes. | – |

✅Strengths
- Integrated end-to-end business model.
- Presence in both licensed and proprietary brands.
- Established retail and distribution network.
- Asset-light sourcing and manufacturing model.
- Experienced promoter-led management.
⚠️Risks
- Dependence on licensing agreements.
- Reliance on third-party manufacturers.
- Working capital intensive operations.
- Highly competitive industry.
Striders Impex IPO Promoter Holding
| Pre-Issue Share Holding | 95.49% |
| Post Issue Share Holding | 69.52% |
Striders Impex IPO Prospectus
Company Contact Information
| Striders Impex Ltd. 14th Floor, Office No. 1406 & 1407, Ajmera Sikova Industrial Marg, LBS Marg, Opp. Damodar Park, Nr Ashok Mill, Ghatkopar(W) Mumbai, Maharashtra, 400086 Phone: 022-40158212 Email: cs@striders.biz Website: https://www.striders.biz/ |
Striders Impex IPO Registrar
| MUFG Intime India Pvt. Ltd. Phone: +91-22-4918 6270 Email: stridersimpex.smeipo@in.mpms.mufg.com Website: https://in.mpms.mufg.com/Initial_Offer/public-issues.html |
Striders Impex IPO Lead Manager(s)
| 1. Capital Square Advisors Pvt. Ltd. |
Striders Impex IPO FAQ

| What is the Striders Impex IPO? Striders Impex IPO is an SME IPO. The issue is priced at ₹71 – ₹72 per equity share. The IPO is to be listed on NSE SME. |
| When will Striders Impex IPO open? The IPO is to open on 26 February 2026 for QIB, NII, and Retail Investors. |
| What is Striders Impex IPO Investors’ Portion? The investors’ portion for QIB – 50%, NII – 15%, and Retail – 35%. |
| What is the Striders Impex IPO Size? Striders Impex IPO size is ₹36.29 Crore. |
| What are the Striders Impex IPO Minimum and Maximum Lot Sizes for Retail Investors? The minimum bid is 3200 Shares for ₹2,30,400, while the maximum bid is 3200 Shares for ₹2,30,400. |
| What is the Striders Impex IPO Allotment Date? Striders Impex IPO allotment date is 04 March 2026. |
| What is the Striders Impex IPO Listing Date? Striders Impex IPO listing date is 06 March 2026. The IPO is to be listed on the NSE SME. |



