At the upper price band of Rs 72, the total issue size aggregates to Rs 36.28 crore. The lot size is 1,600 shares. Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereafter. The grey market premium is currently around 0%, indicating that the shares are trading at par to the issue price in the unofficial market ahead of listing.
In terms of allocation, not more than 23,90,400 shares have been reserved for qualified institutional buyers. Non-institutional investors will get not less than 7,20,000 shares, while retail individual investors have a reservation of not less than 16,76,800 shares. Up to 2,52,800 shares are allocated to the market maker.
The anchor investor portion will open on February 25 and close on March 2. The public issue will open on February 26.
The net proceeds from the fresh issue will be used for incorporation and investment in a newly proposed wholly owned subsidiary in mainland UAE, repayment of loans, working capital requirements and general corporate purposes.
Striders Impex operates in the toys and kids’ consumer merchandise segment. The company follows an asset-light model focused on licensing, product development, sourcing and distribution. It offers end-to-end solutions covering product design, development, sourcing, manufacturing coordination and distribution.
The company has built a distribution network across modern trade, general trade and e-commerce platforms across India. It also has an international presence through a wholly owned subsidiary in the United Arab Emirates, supporting overseas distribution and trading activities.In FY25, the company reported consolidated revenue of Rs 61.87 crore, EBITDA of Rs 9.32 crore and PAT of Rs 8.41 crore. For the nine-month period ended December 2025, it posted consolidated revenue of Rs 49.57 crore, EBITDA of Rs 6.49 crore and PAT of Rs 4.01 crore.
Capitalsquare Advisors Private is the book running lead manager to the issue, while Link MUFG Intime India is the registrar.