On the domestic front, the Company aims to expand its retail distribution by deepening its presence across more cities, while continuing its supplies to premium retail chains such as Timezone and Landmark.
Striders Impex Ltd. IPO
Incorporated in 2021, Striders Impex Limited is primarily 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.
The Company offers strategically investing in building its direct-to-consumer online channels through e-commerce platforms, while continuing to strengthen its offline distribution network.
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 total of 36 employees.
Competitive Strengths:
- Asset-Light Business Model
- Trusted Licensing Partnerships with Global Brands
- Brand Equity and Consumer Liking
- Strategic Presence in High-Growth Markets
- Strategic Presence in High-Growth Markets
- Diversified Revenue Base Across Channels and Geographies
Company Financials (Restated Consolidated)
| Period Ended | 31 Dec 2025 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 58.83 | 48.70 | 29.45 |
| Total Income | 49.61 | 61.95 | 41.77 |
| Profit After Tax | 4.01 | 8.41 | 4.39 |
| EBITDA | 6.49 | 9.32 | 5.31 |
| NET Worth | 23.53 | 14.88 | 6.47 |
| Reserves and Surplus | 10.04 | 15.06 | 6.46 |
| Total Borrowing | 22.92 | 20.55 | 14.65 |
| Amount in ₹ Crore | |||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding of working capital requirements of the Company | 10.00 |
| 2 | Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements; | 4.50 |
| 3 | Investment in a newly wholly owned subsidiary in mainland UAE to fund its working capital requirements | 6.50 |
| 4 | Repayment of Loans | 3.00 |
| 5 | General corporate purposes | |
| Total | 24.00 |
Key Performance Indicator (KPI)
| KPI | Dec 31, 2025 | Mar 31, 2025 |
|---|---|---|
| ROCE | 25.98% | 57.96% |
| Debt/Equity | 0.97 | 1.36 |
| RoNW | 17.05% | 55.81% |
| PAT Margin | 8.09% | 13.59% |
| EBITDA Margin | 13.09% | 15.07% |
| Price to Book Value | 4.22 | 6.49 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 5.97 | 2.87 |
| P/E (x) | 12.06 | 25.07 |
Striders Impex IPO Details
| IPO Date | 26 Feb to 2 Mar, 2026 |
| Listing Date | Fri, Mar 6, 2026 |
| Face Value | ₹10 per share |
| Price Band | ₹71 to ₹72 |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE SME |
| Total Issue Size | 50,40,000 shares (agg. up to ₹36 Cr) |
| Reserved for Market Maker | 2,52,800 shares (agg. up to ₹2 Cr) |
| Fresh Issue (Ex Market Maker) | 42,78,400 shares (agg. up to ₹31 Cr) |
| Offer for Sale | 5,08,800 shares of ₹10 (agg. up to ₹4 Cr) |
| Net Offered to Public | 47,87,200 shares (agg. up to ₹34 Cr) |
| Share Holding Pre Issue | 1,40,85,680 shares |
| Share Holding Post Issue | 1,86,16,880 shares |
Striders Impex IPO Promoter Holding
Kumarshri Rajkumar Bahety, Mariya Mustafa Kapasi and Mustafa Esmail Kapasi are the company promoters.
| Share Holding Pre Issue | 95.49% |
| Share Holding Post Issue | 69.52% |
SHARIAH SCREENING for - Striders Impex Ltd. IPO
BUSINESS SCREEN
FINANCIAL RATIOS
As per our analysis and Based on the information we have, this is the output.
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If you find this result mistaken or questionable, let us know via email at info (@) halalstock.in
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