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Striders Impex Ltd. IPO Details – Price, Date, GMP & Analysis
Listed
SME
Price Range:
Rs.72.00
Issue Size:
Rs.36.29 Cr
Lot Size:
1600 shares
Open Date:
February 26
Striders Impex Ltd. IPO Overview
Bidding Dates
February 26 - March 2
Min Investment
₹115,200
Price Range
₹72.00
Issue Size
₹36.29 Cr
IPO DRHP Doc
Not Available
Company Overview
Incorporated in 2021, Striders Impex Limited is engaged in licensing, brand development, and distribution of toys and kids' merchandise. The company focuses on licensing with global brands and developing proprietary intellectual properties (IPs). It has a strong pan-India presence, catering to urban and semi-urban markets, and has established a significant footprint on e-commerce platforms like Amazon and Flipkart. Striders Impex Limited operates from offices and warehouses in Mumbai and employs 34 people. The company plans to utilize the net proceeds from the issue for specific objectives.
IPO Timeline
Timeline information will be updated when available.
Latest Subscription Data
| Category | Subscription | Status |
|---|---|---|
| QIB (Qualified Institutional Buyers) | 28.53% | Oversubscribed |
| NII (Non-Institutional Investors/HNI) | 21.47% | Oversubscribed |
| RII (Retail Individual Investors) | 50.00% | Oversubscribed |
| Total Subscription | Undersubscribed |
Last updated: Percentage of shares offered
Current GMP:
No Premium
Est. Listing:
Rs.72
Est. Gain:
0%
Star Rating:
★★★★★(1/5)
Financial Information
Financial data is visualized in the chart above
Strengths & Risks Analysis
Key Risks
Potential challenges and risk factors
- 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.
IPO Details
IPO Reservation
Share Reservation Distribution
QIB
2,390,400 shares (47.43%)
Retail
1,676,800 shares (33.27%)
Anchor Investors
1,433,600 shares (28.44%)
QIB (Ex-Anchor)
956,800 shares (18.98%)
HNI (NII)
720,000 shares (14.29%)
bNII (>₹10L)
480,000 shares (9.52%)
Market Maker
252,800 shares (5.02%)
sNII (<₹10L)
240,000 shares (4.76%)
IPO Subscription Status
Key Dates
Open Date:February 26
Close Date:March 2
Listing Date:March 6
