Initial public offering of 50,40,000 equity shares of face value of Rs. 10/- each ("Equity Shares") of Striders Impex Limited ("Company" or the Issuer") for cash at a price of Rs. 72 per equity share (including a share premium of Rs. 62 per equity share) ("issue price") aggregating up to Rs. 36.29 crores comprising a fresh issue of 45,31,200 equity shares aggregating up to Rs. 32.62 crores by the company ("Fresh Issue") and an offer for sale of 5,08,800 equity shares aggregating up to Rs.3.66 crores (the "Offered Shares") comprising 2,54,400 equity shares by Kumarshri Rajkumar Bahety aggregating up to Rs. 1.83 crores and 2,54,400 equity shares by Mustafa Esmail Kapasi aggregating up to Rs. 1.83 crores (the "Selling Shareholders" and such offer, the "Offer For Sale") (the "Offer For Sale" and together with the fresh issue, the "Issue") of which 2,52,800 equity shares aggregating to Rs. 1.82 crores will be reserved for subscription by market maker to the issue (the "Market Maker Reservation Portion"). The issue, less market maker reservation, i.e. Net issue 47,87,200 equity shares of face value of Rs. 10/- each at price of Rs. 72 per equity share aggregating to Rs. 34.47 crores is herein after referred to as the "Net Issue". The issue and the net issue will constitute 27.07% and 25.71% respectively of the fully diluted post- issue paid-up equity share capital of the company.
The face value of equity shares is Rs. 10/- each. The issue price is 7.2 times the face value of the equity shares.
Price Band: Rs. 71 to Rs. 72 per equity share of face value of Rs. 10 each.
The floor price is 7.1 times the face value of the equity shares and the cap price is 7.2 times the face value of the equity shares.
Bids can be made for a minimum of 3200 equity shares and in multiples of 1600 equity shares thereafter.
Issue
Money Payable On
Opens On
Closes On
Application
Allotment
26-Feb-2026
02-Mar-2026
₹ 71.00
₹ 0.00
Minimum Application for shares in Nos : 3200.0 Further Multiples of : 1600.0
(₹)Cr.
Lead Managers to the Issue
Project Cost
0.00
Capitalsquare Advisors Private Limited
Project Financed through Current Offer
35.78
Post Issue Equity Share Capital
19.13
Issue Price
₹71.00
Projects
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.