From Toy Shelves to Capital Markets: Striders Impex Steps into the IPO Arena

Mumbai : Emerging toys and kids’ consumer merchandise company Striders Impex Limited is set to open its Initial Public Offering (IPO) on February 26, 2026. The company aims to raise ₹36.28 crore at the upper price band.

The IPO comprises a total of 50,40,000 equity shares with a face value of ₹10 each. The price band has been fixed at ₹71 to ₹72 per share. The issue includes a fresh issue of 45,31,200 equity shares and an offer for sale of 5,08,800 equity shares.

Commenting on the development, Managing Directors Kumarshri Rajkumar Bahety and Mustafa Esmail Kapasi said, “Our journey began with a clear vision to build a differentiated platform in toys and kids’ merchandise. This IPO represents the next phase of our growth, enabling us to strengthen distribution, invest in brand building, and accelerate international expansion through our UAE platform.”

The Book Running Lead Manager to the issue, Capitalsquare Advisors Private Limited, expressed confidence in the company’s trajectory. Director Dr. Sunil Kumar Manocha stated, “Striders Impex has built a compelling presence in a short span through strong licensing alliances and an asset-light model. We believe the company is well-positioned to create sustainable long-term value.”

The IPO proceeds will be utilized for setting up a new wholly owned subsidiary in the UAE, repayment of loans, working capital requirements, and general corporate purposes.