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₹72 - 72
Striders Impex Ltd
TradingIPOSME
₹72 - 72
Striders Impex Limited is 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.
Lot1,600Min Invest₹2,30,400Face Value₹10Issue Size₹36 CrFresh Issue₹33 CrOffer for Sale₹4 CrListing Price₹70CMP₹46
Timeline
26 Feb
Bidding opens
2 Mar
Bidding closes
4 Mar
Allotment
5 Mar
Refund & demat credit
6 Mar
Listing
Subscription
Subscription opens once dates are announced
Reports
Offer Details
Terms
Issue Size₹36 Cr0.50 Cr shares
Fresh Issue₹33 Cr
Offer for Sale₹4 Cr
Face Value₹10
Lot Size1,600 shares
ReservationQIB 49.93% · NII 15.04% · RETAIL 35.03%
Application Sizes
Retail₹2,30,4001-1 lots
sNII₹2,30,400from 2 lots
bNII₹10,36,800from 9 lots
Managers & Registrar
Lead ManagerCapitalsquare Advisors Private Limited
RegistrarMUFG Intime India Pvt Ltd
Ownership & Proceeds
Offer for Sale
Selling ShareholderShares OfferedAmt ₹ CrKumarshri Rajkumar BahetyPRMTR2,54,4001.83Mustafa Esmail KapasiPRMTR2,54,4001.83Total5,08,8003.66
Shareholding
CategoryPre IPOPost IPOPromoter Group95.49%69.52%Public4.51%30.48%
Objects of the Issue
- Funding of Working Capital Requirements in India
- 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
Profit & Loss
| Financial Year | FY25 | FY26 |
|---|---|---|
| RevenueCr | 62 | 75 |
| Operating ProfitCr | 9 | 9 |
| OPM% | 15.1 | 12.6 |
| PBTCr | 8 | 8 |
| PATCr | 8 | 6 |
| EPS | 6 | 4 |
Balance Sheet
| Financial Year | FY25 | FY26 |
|---|---|---|
| Equity CapitalCr | 0 | 19 |
| ReservesCr | 15 | 35 |
| BorrowingsCr | 21 | 21 |
| Total AssetsCr | 51 | 92 |
Cash Flow
| Financial Year | FY25 | FY26 |
|---|---|---|
| Operating Cash FlowCr | 1 | -11 |
| Investing Cash FlowCr | -5 | -3 |
| Financing Cash FlowCr | 5 | 31 |
| Net Cash FlowCr | 1 | 17 |
Strengths & Risks
Strengths · as stated in the DRHP
- International presence and platform for further global expansion.
- Dual-country supply chain enabling cost optimization and risk mitigation.
- Geographic and revenue diversification.
- Asset-light, licensing-led, and scalable business model.
- Strong global brand licensing tie-ups and access to popular IPs.
- Established multi-channel distribution network.
Strategies · as stated in the DRHP
- Strengthening Proprietary Brands and Licensing Portfolio.
- Expanding Market Presence in India and International Markets.
- Product Innovation and Market Responsiveness.
- Digital Engagement and Brand Building.
- Strong Omnichannel & Direct-to-Consumer Focus.
Risks · as stated in the DRHP
- The company's business operations and brand positioning are significantly dependent on the continued right to use certain licensed intellectual property including trademarks and marketing content obtained from third-party owners.
- The company's ability to utilise certain intellectual property and related rights is subject to licensing agreements with third-party owners, which are typically for fixed durations and subject to renewal and also exposed to termination
- There have been instances of past discrepancies and non-compliances in filings with the Registrar of Companies under the Companies Act, which may result in regulatory actions.
- A significant portion of the company's revenue comes from key customers, and losing one or more of them, experiencing a decline in their financial health or business outlook, or facing a reduction in their demand for its products could negatively impact the company's business, operating results, financial condition, and cash flows.
- The Company is dependent on few suppliers for purchase of goods. Loss of any of these large suppliers may affect the company's business operations adversely.
- The Company may be subject to legal proceedings or litigation arising from its operations. Such matters could result in financial liabilities, reputational harm, and diversion of management's attention, potentially impacting business performance and stability.