Striders Impex IPO – A Complete Guide for Investors (2026)

The Striders Impex IPO – All You Need to Know Before You Apply is one of the noteworthy SME IPOs entering the Indian markets in early 2026. This IPO offers investors a chance to participate in the growth story of a fast-scaling consumer goods player in the toys and kids’ merchandise segment — a sector gaining traction with rising disposable incomes and demand for branded lifestyle products.

In this detailed blog, we’ll walk you through everything about Striders Impex Ltd — from IPO details, company profile, and financials to strengths, risks, and how to evaluate this IPO before investing.

1. What is the Striders Impex IPO?

Striders Impex Ltd IPO is a book-built public issue planned to raise approximately ₹36.28–₹36.29 crores through a combination of fresh issue and offer for sale of shares.

• ? IPO Open: February 26, 2026

• ? IPO Close: March 2, 2026

• ? Price Band: ₹71 – ₹72 per share

• ? Lot Size: 1,600 shares

• ? Issue Size: ~₹36.29 Cr

• ? Listing Exchange: NSE SME Platform

• ? Allotment Date (tentative): March 4, 2026

• ? Listing Date (tentative): March 6, 2026

The minimum investment for retail investors is approximately ₹1,15,200 for one lot of 1,600 shares.

2. Company Overview – Who Is Striders Impex?

Founded in 2021 and based in Mumbai, Striders Impex is an asset-light consumer goods company specializing in:

✅ Licensed merchandise — designing and distributing toys and kids’ products under global licensed brands
✅ Proprietary brands & intellectual properties (IPs) — including “Pugs at Play”, “Furry Pals”, “Gurliez”, “Minds at Play” and more
✅ Pan-India distribution — retail formats, e-commerce platforms like Amazon/Flipkart, and quick commerce channels
✅ International presence — via a subsidiary, Striders FZ LLC in the UAE

What makes Striders unique is its dual strategy — combining globally licensed brands (that offer high recognition) with homegrown IPs (which have the potential to generate better margins and brand loyalty over time). This diversified model lets the company appeal to both demand drivers: trend-focused licensed products and scalable, in-house brands.

3. Financial Highlights – Growth Story

Striders Impex has demonstrated consistent revenue and profitability growth over the past few years as per the latest financials:

Some other notable performance metrics include:

• ? Strong profit margins indicating efficient operations

• ? Return on Equity (RoE) & Return on Net Worth showed robust figures in past fiscal years

• ? Revenue nearly doubled in two years, pointing toward rapid scaling

These figures suggest a business in expansion mode, translating its strategic focus on licensing and own IPs into strong numbers.

4. IPO Objectives – Why is Striders Raising Funds?

Striders intends to use the IPO proceeds for the following purpose:

? 1. Working Capital

To support ongoing domestic operations for product stocking, distribution, and market expansion.

? 2. International Expansion

Investment in the UAE subsidiary to tap the Middle East and nearby markets — a strategic move given the toy & merchandise demand overseas.

? 3. Debt Repayment

A portion of funds will be used to reduce debt, which improves financial flexibility and lowers interest costs.

? 4. General Corporate Purposes

For branding, marketing initiatives, and other strategic business activities.

These objectives reflect the company’s intent to scale its footprint both domestically and internationally while strengthening its balance sheet.

5. Strengths – What Makes This IPO Interesting?

Here are some compelling points that could make this IPO attractive:

✔️ Growing Consumer Segment

The toys and kids’ merchandise market in India is expanding rapidly as families seek branded products and increasingly shop online.

✔️ Hybrid Business Model

Combining licensed global brands with proprietary IPs creates a diversified product mix and helps reduce dependency on any single revenue source.

✔️ E-commerce Reach

Striders already sells through major e-commerce platforms, which gives them unmatched reach in tier-2 and tier-3 markets.

✔️ Lean Operations

With a relatively small workforce and asset-light model, the company is keeping operating costs efficient.

✔️ Pan-India & International Presence

The digital and physical distribution network allows wider reach and the UAE subsidiary is a springboard for global expansion.

6. Risks & Challenges – What Should You Watch Out For?

No investment is without risk. Here are some key challenges:

⚠️ Dependency on Licensing Agreements:
A large part of the business depends on licenses from brand owners. If any contract isn’t renewed or terms change unfavorably, it could hurt product offerings.

⚠️ SME Listing Risks:
Being an SME-platform IPO, trading volumes might be thinner compared to mainboard listings, potentially leading to higher volatility.

⚠️ Brand Competition:
The toy and kids’ product category is highly competitive with both domestic and global players.

⚠️ No Guaranteed Listing Gains:
While investors often look for listing profits, there’s no assurance of immediate gains. Current Grey Market Premium (GMP) hints at a flat listing expectation — meaning no significant premium over IPO price as of now.

Before applying, it’s vital to consider both strengths and risks in the context of your investment strategy.

7. How to Apply for the Striders Impex IPO

If you choose to participate in the IPO, here’s how you can apply:

? 1. ASBA Through Bank

Most banks provide an “ASBA” IPO option via net-banking. Apply through the IPO section by entering your bid price and lot count.

? 2. UPI Through Brokers

Many brokers (Zerodha, Groww, Upstox, etc.) allow IPO bidding via UPI. Choose the IPO, enter required details, and submit your UPI mandate.

? 3. Offline Application

You can apply through your broker or bank by submitting the physical IPO form and payment.

Remember:

• Each lot = 1,600 shares

• If you choose the cut-off price, be sure to understand its implications

• Keep funds ready in your bank/UPI wallet before application

8. Subscription Categories & Allocation

Striders Impex IPO follows standard SME IPO categories:

• ? Qualified Institutional Buyers (QIBs)

• ? Non-Institutional Investors (HNI)

• ? Retail Individual Investors

Retail investors typically have a 35% reservation, though exact allotment depends on subscription levels.

Oversubscription, if any, will affect allotment. Always prepare a backup plan if chances seem tight.

9. Expected Listing & Aftermarket Outlook

While the IPO price is ₹71–₹72, current market sentiment suggests neutral expectations (flat GMP) as of the moment. But market conditions can evolve as the IPO date approaches and subscription numbers are tallied.

Listing performance depends on:

? Market sentiment
? Subscription levels
? Sector demand post-listing

SME IPOs sometimes exhibit volatility post-listing, so set realistic targets and look at long-term fundamentals, not just short-term gains.

10. Final Take – Should You Apply?

The Striders Impex IPO brings an interesting opportunity in a consumer-focused, growth potential sector. With a strategic mix of licensed products, proprietary brands and expanding distribution channels — it offers exposure to the kids’ merchandise market.

However, factors like licensing dependencies, SME platform risks, and no current premium outlook suggest applying with a balanced, informed approach.

? Suitable for Investors Who:

✔ Want to invest in rising consumer sectors
✔ Seek participation in IPOs early in their lifecycle
✔ Have a moderate-to-long term investment horizon

⚠ Not Ideal for:

❌ Short-term traders looking for instant gains (due to flat GMP)
❌ Investors averse to SME market volatility

Ultimately, do your research, read the prospectus carefully, and align any application with your risk tolerance and financial goals.

Conclusion

The Striders Impex IPO is one of the promising SME listings of early 2026, inviting both retail and institutional investors to participate in a consumer-oriented growth story. With a diversified product strategy, strong financials, and international ambitions — it has many positives. But like all investments, understanding both rewards and risks before applying is key.