Striders Impex IPO
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Striders Impex IPO details
Schedule of Striders Impex
| Issue open date | 26 Feb 2026 |
| Issue close date | 02 Mar 2026 |
| UPI mandate deadline | 02 Mar 2026 (5 PM) |
| Allotment finalization | 04 Mar 2026 |
| Refund initiation | 05 Mar 2026 |
| Share credit | 05 Mar 2026 |
| Listing date | 06 Mar 2026 |
| Mandate end date | 17 Mar 2026 |
| Lock-in end date for anchor investors (50%) | 03 Apr 2026 |
| Lock-in end date for anchor investors (remaining) | 02 Jun 2026 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Striders Impex
Striders Impex Limited was incorporated on April 28, 2021, as Striders Impex Private Limited and was subsequently converted into a public limited company on July 28, 2025. The Company is headquartered in Mumbai, Maharashtra. The Promoters of the Company are Mustafa Esmail Kapasi, Kumarshri Rajkumar Bahety and Mariya Mustafa Kapasi. Striders Impex operates in the toys and kids’ consumer merchandise segment. The Company is engaged in licensing, proprietary brand development, sourcing and distribution of toys and back-to-school products across India and select international markets. It provides end-to-end solutions covering product conceptualisation, design, outsourced manufacturing and retail distribution. In addition to licensed merchandise, the Company has developed its own intellectual properties, including Pugs at Play, Furry Pals, Gurliez, Fanster, Beezy Kits, Minds at Play, SHDZ, Boujee and Striders. These proprietary brands strengthen its portfolio and enhance margin potential. The business follows an asset-light and scalable model, supported by strategic licensing partnerships, diversified product offerings for children aged 18 months to 15 years, and a growing domestic and international presence.
Financials of Striders Impex
Issue size
| Funds Raised in the IPO | Amount |
| Total issue size | 36.29 |
| Fresh Issue – Proceeds go to the company | 32.62 |
| Offer for sale – Proceeds go to the existing investors | 3.66 |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Funding of working capital requirements (India) | 10 (30.66%) |
| Investment in Striders FZ LLC (WOS) – Working Capital | 4.5 (13.79%) |
| Investment in new UAE WOS – Working Capital |
6.5 (19.93%) |
| Repayment of Loans | 3 (9.20%) |
| General Corporate Purposes | 8.62 (26.42%) |
Strengths
- Asset-light, licensing-led business model supports scalability and capital efficiency.
- Strong partnerships with globally recognised licensors enhance brand appeal.
- Growing portfolio of proprietary IPs strengthens margins and brand equity.
- Diversified multi-channel distribution across retail and e-commerce platforms.
- Strategic presence in India and the UAE diversifies revenue streams.
Risks
- High dependence on top suppliers for a significant portion of procurement.
- Revenue concentration in key product categories, such as bags and back-to-school.
- Exposure to foreign exchange fluctuations due to overseas operations.
- Reliance on third-party manufacturers, including suppliers in China and India.
- Working capital–intensive operations requiring continuous liquidity support.