About the Company
Striders Impex Ltd works in the toys and kids’ products business. It handles licensing brands, creating its own brands, and selling toys plus kids’ items like back-to-school goods and luggage.
The company serves big retail stores in India and some markets abroad, like the UAE. It does everything from designing products to sourcing them and delivering to shops.
It has no big factories of its own but uses partners for making products. Key facts include operations in India and UAE through subsidiaries, with strong growth in sales.
READ FULL DRHP HERE: STRIDERS IMPEX DRHP
IPO Details
| Detail | Information |
|---|---|
| IPO Name | Striders Impex Ltd IPO |
| Exchange | NSE SME |
| IPO Type | Book Built |
| Issue Size | ₹36 Cr |
| Fresh Issue | ₹31 Cr |
| OFS | ₹4 Cr (after market maker) |
| Price Band | ₹71 – ₹72 |
| Lot Size | 1600 shares |
| Minimum Investment | ₹2,30,400 |
| Listing Date | March 6, 2026 |
| Registrar | MUFG Intime India Pvt Ltd |
| Lead Managers | Nikunj Stock Brokers Ltd |
| SME/Mainboard | SME |
REGISTRAR LINK: MUFG Intime India Pvt Ltd
How the Company Will Use IPO Money
The company plans to use the money for everyday business needs (working capital) in India worth ₹10 Cr. It will also give ₹4.50 Cr to its UAE subsidiary for working capital and ₹6.50 Cr to start a new UAE unit plus its working capital.
About ₹3 Cr will pay back loans. The rest is for general business needs.
Key Financial Metrics (Use DRHP Audited Financials)
| Metric | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue (₹ Cr) | 29.97 | 41.77 | 60.82 |
| PAT (₹ Cr) | 2.03 | 4.39 | 8.02 |
| Assets (₹ Cr) | 17 | 29.61 | 48.85 |
| Net Worth (approx ₹ Cr) | - | - | 15.07 |
| Debt (₹ Cr) | - | - | 20.55 |
| Debt-to-Equity | - | - | 1.36 |
| ROCE | - | - | 57.96% |
| PAT Margin | - | - | 13.59% |
| EBITDA Margin | - | - | 15.07% |
Sales grew from ₹30 Cr to ₹61 Cr over two years. Profits more than tripled from ₹2 Cr to ₹8 Cr. Assets doubled each year, but debt is high at 1.36 times equity.
Strengths
- Fast sales growth from ₹30 Cr to ₹61 Cr in two years.
- Works with big retail chains in India and UAE markets.
- End-to-end service from design to delivery keeps supply smooth.
- High returns on capital used (ROCE 58%).
- Presence in growing kids’ toys and consumer products market.
Key Concerns & Risks
- Depends on outside makers for products, so supply issues could hurt.
- High debt level at 1.36 times equity may raise costs.
- Toys market has many competitors, so pricing pressure possible.
- Profits depend on sales volume and could drop if demand falls.
- Expanding to new UAE unit adds startup risks.
IPO FAQS
What is an IPO?
- An IPO (Initial Public Offering) is when a private company sells its shares to the public for the first time to raise money.
- Example: If a well-known pizza company wants to grow, it can list its shares on the stock exchange so anyone can buy a piece of the company.
How can you apply for an IPO (using Zerodha or Upstox)?
- Make sure you have a Demat account and your bank account is linked.
- Steps:
- Log in to your broker’s app (e.g., Zerodha Kite, Upstox).
- Go to the IPO section.
- Select the company’s IPO you want to apply for.
- Enter how many shares (or ‘lots’) you want and the price you wish to bid.
- Enter your UPI ID, submit your application, and approve the UPI payment request.
How are IPO shares allotted?
- If more people want shares than are available, the company uses a lottery system to decide who gets them.
- If you don’t get shares, your money is simply returned.
What is GMP (Grey Market Premium)?
- GMP shows the extra price people are willing to pay for IPO shares before they officially start trading.
- Example: If IPO price is ₹100 and GMP is ₹20, people are unofficially ready to pay ₹120. It hints at the IPO’s popularity but isn’t a guarantee.
Where to check upcoming IPOs (IPO calendar)?
- Visit popular finance sites like Chittorgarh, IPOWatch, or official exchange websites (NSE, BSE) and look for the “Upcoming IPO” section.
What are IPO listing gains?
- If the share’s price rises on the first trading day, you can make instant profit.
- Example: You buy at ₹150, and it opens at ₹200, you gain ₹50 per share.
How can you make profit from an IPO?
- Quick gains on listing day (if the stock price goes up).
- Long-term: If the company grows, the share price could increase further.
Which IPO is best to buy?
- There is no single best IPO. Check the company’s background, current demand, and GMP, but always research before investing.
- High GMP or popularity doesn’t guarantee profits.
Are IPOs safe?
- IPOs can be profitable but also risky; prices can go up or down sharply.
- Only invest if you are ready for potential losses.
How to check IPO allotment status?
- After the IPO process, check on exchanges (BSE/NSE websites) or the IPO registrar’s site (like K-Fintech, Bigshare,or mufg-intime) by entering your PAN or application number to see if you got shares.
Important Tips for Retail Investors Applying for an IPO
- Use Only Your Own PAN Card:
Avoid using the same PAN card for multiple IPO applications. For example, if you have already applied using your PAN for one IPO, don’t try to apply again with the same PAN under different accounts or through others. - Apply in the Right Category:
Ensure you select the correct investor category (such as Retail Individual Investor) when filling out your application. Applying under a wrong category can lead to rejection or disqualification. - Maintain Sufficient Bank Balance:
Before applying, ensure your bank account linked to the application has enough funds to cover the full bid amount. For instance, if the IPO application requires a payment of ₹15000, make sure your account holds at least that amount. - Use Your Own Bank Account:
Always apply through your own bank account. Using someone else’s account can cause your application to be rejected during the verification process. - Avoid Last-Minute Applications:
Don’t wait until the deadline day or moments before to apply. Last-minute submissions may face technical glitches or processing delays, reducing the chances of success.