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Striders Impex SME IPO

Striders Impex came to market through an SME IPO that opened on 26 February 2026 and closed on 2 March 2026, and the shares listed on 6 March 2026 on NSE SME. The price band was ₹71 to ₹72 per share and one lot was 1600 shares, so the minimum application was ₹1,15,200. The issue size was ₹36.29 crore. It combined a fresh issue of new shares with an offer for sale by existing shareholders.

MUFG Intime India Pvt.Ltd was the registrar to the issue, and Capital Square Advisors Pvt.Ltd was the lead manager.

Issue details

Issue type
Book Built Issue
Price band
₹71 to ₹72
Lot size
1600 shares
Minimum investment
₹1,15,200
Face value
₹10 per share
Issue size
₹36.29 crore
Fresh issue
45,31,200 shares (aggregating up to ₹32.62 crore)
Offer for sale
5,08,800 shares (aggregating up to ₹3.66 crore)
Listing at
NSE SME
Registrar
MUFG Intime India Pvt.Ltd
Lead managers
Capital Square Advisors Pvt.Ltd
Promoter holding before the issue
95.49%
Promoter holding after the issue
69.52%

Timeline

Opens
26 February 2026
Closes
2 March 2026
Allotment
4 March 2026
Listing
6 March 2026

Subscription status by day

As of 2 March 2026.

Day
1
2
3

About Striders Impex

Incorporated in the year 2021, Striders Impex Limited is mainly involved in the business of licensing, own brand development, and distribution of toys and kids’ consumer merchandise. The Company provides one-stop solutions for product design and development, sourcing, manufacturing, and distribution, meeting the requirements of different retail formats in India and some international countries.The Company provides the solution of strategically investing in the development of its direct-to-consumer online platforms through e-commerce sites, alongside further strengthening its offline distribution network.

Domestic:The Company proposes to enhance its retail distribution by strengthening its presence in more cities, alongside its continuous supply to the 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 a total of 36 employees.

As described in the offer document.

Objects of the issue

  • Funding of working capital requirements of the Company
  • Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements
  • Investment in a newly wholly owned subsidiary in mainland UAE to fund its working capital requirements
  • Repayment of Loans
  • General corporate purposes

Financials (₹ crore)

Metric31-Dec-2531-Mar-2531-Mar-24

Promoters

Kumarshri Rajkumar Bahety, Mariya Mustafa Kapasi, Mustafa Esmail Kapasi. Promoter holding 95.49% before the issue and 69.52% after.

Application sizes

Individual (min)
2 lots, 3200 shares, ₹2,30,400
Individual(max)
2 lots, 3200 shares, ₹2,30,400
sHNI(min)
3 lots, 4800 shares, ₹3,45,600
sHNI(max)
8 lots, 12800 shares, ₹9,21,600
bHNI(min)
9 lots, 14400 shares, ₹10,36,800

Valuation

ROCE
57.96%
RoNW
55.81%
PAT Margin
13.59%
Debt/Equity
1.36
Price/Book
6.49
Market Cap
₹36.29 cr

Registrar and allotment status

Registrar
MUFG Intime India Pvt.Ltd
Allotment status
https://in.mpms.mufg.com/Initial_Offer/public-issues.html
Phone
+91-22-4918 6270
Email
stridersimpex.smeipo@in.mpms.mufg.com

Work out the listing gain for this SME IPO

How allotment works

If the retail portion is not fully subscribed, every valid application is allotted in full. If it is oversubscribed, SEBI's rules require that as many applicants as possible receive at least one lot, so the shares are allotted by a computerised lottery across all valid applications, one lot each, until the retail portion is exhausted. Applying for more lots does not improve your chance in a lottery; it only increases what you receive if the issue is under-subscribed.

The basis of allotment document, published by the registrar on the allotment date, states the ratio: for example, one applicant in seven received one lot.

Allotment status is published by the registrar on its website, searchable by PAN, application number or demat account, and also on the exchange's website. Allotted shares are credited to the demat account the day before listing, and blocked money for unsuccessful applications is released the same day. The Rupix app can check allotment status by PAN once the registrar publishes it.

What happens on listing day

Shares list within three working days of the issue closing. On listing day the exchanges run a special pre-open session from nine o'clock, during which orders are collected and an opening price is discovered from them; trading in the share begins after that, usually around ten. The opening price is the listing price that appears on this page once the issue has listed, and the listing gain or loss is the difference between it and the issue price.

For a mainboard issue, the share then trades in the normal way with the exchange's price band for a new listing. For an SME issue, shares trade in lots rather than one at a time, and the market can be thin, so selling on listing day is not always possible at the opening price. Capital gains on shares sold within a year of allotment are short-term and taxed at the short-term rate.

Questions about the Striders Impex SME IPO

What is Striders Impex IPO?

Striders Impex IPO was a ₹36.29 crore book-built issue, comprising a fresh issue of ₹32.62 crore and an offer for sale of ₹3.66 crore. It was priced at ₹71–₹72 per share with a lot size of 1,600 shares; the minimum retail application was 3,200 shares (₹2,30,400). The IPO was open from February 26 to March 2, 2026 and was subscribed 1.41x.

Shares listed on NSE SME on March 6, 2026 at ₹70, a 2.8% discount to the issue price of ₹72. MUFG Intime India Pvt. Ltd. is the registrar. Capital Square Advisors Pvt. Ltd. is the book running lead manager.

What is the price band of Striders Impex IPO?

The price band of Striders Impex IPO is ₹71 to ₹72 per share.

What is the lot size of Striders Impex IPO?

The lot size of Striders Impex IPO is 1600 shares.

What is the minimum investment for Striders Impex IPO?

The minimum investment for Striders Impex IPO is approximately ₹2,30,400 based on the upper price band.

What is the allotment date of Striders Impex IPO?

The allotment date of Striders Impex IPO is Mar 4, 2026.

How to check Striders Impex IPO allotment status?

You can check Striders Impex IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Striders Impex IPO allotment status on Rupix for quick and easy access.

What was the price band of the Striders Impex SME IPO?

₹71 to ₹72 per share, against a face value of ₹10. Most applicants bid at the cut-off price, the top of the band, so that the application was valid whatever price the issuer finally fixed.

What was the lot size of the Striders Impex SME IPO?

One lot was 1600 shares, and every application had to be a whole number of lots. At the top of the band that made the minimum application ₹1,15,200. After listing, SME shares also trade in lots rather than one share at a time.

What was the minimum investment in the Striders Impex SME IPO?

₹1,15,200, for one lot of 1600 shares at the top of the price band. The amount was blocked in the applicant's bank account through ASBA or a UPI mandate while the issue was open, and released on the allotment date to applicants who were not allotted shares.

When did the Striders Impex SME IPO open and close?

It opened on 26 February 2026 and closed on 2 March 2026.

When was the allotment of the Striders Impex SME IPO?

The basis of allotment was published on 4 March 2026 by MUFG Intime India Pvt.Ltd, and allotted shares were credited to demat accounts before listing.

When did Striders Impex list on NSE SME?

The shares listed on 6 March 2026 on NSE SME.

How large was the Striders Impex SME IPO?

The issue size was ₹36.29 crore. The fresh issue was 45,31,200 shares (aggregating up to ₹32.62 crore). The offer for sale was 5,08,800 shares (aggregating up to ₹3.66 crore).