IPO SYNOPSIS

Striders Impex Ltd
Registered Office:
14th Flr office No.1406 & 1407,Ajmera Sikova Sikova Inds.Marg,
Mumbai - 400086,
Maharashtra, India.
Email :  cs@striders.biz
Website :  www.striders.biz
Initial public offering of up 50,40,000 equity shares of face value of (₹) 10/- each ("Equity Shares") of Striders Impex Limited ("Company" or the Issuer") for cash at a price of (₹) 72 per equity share (including a share premium of (₹) 62 per equity share) ("issue price") aggregating up to (₹) 36.29 crores comprising a fresh issue of up to 45,31,200 equity shares aggregating up to (₹) 32.62 crores by the company ("Fresh Issue") and an offer for sale of up to 5,08,800 equity shares aggregating up to (₹) 3.66 crores (the "Offered Shares") comprising up to 2,54,400 equity shares by Kumarshri Rajkumar Bahety aggregating up to (₹) 1.83 crores and up to 2,54,400 equity shares by Mustafa Esmail Kapasi aggregating up to (₹) 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 (₹) 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 (₹) 10/- each at price of (₹) 72 per equity share aggregating to (₹) 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 (₹) 10/- each. The issue price is 7.2 times the face value of the equity shares. Price Band: (₹) 71 to (₹) 72 per equity share of face value of (₹) 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-26
02-Mar-26
71.00-72.00
0.00-0.00
Minimum Application for shares in Nos : 3200     Further Multiples of : 1600
 
(Rs.Cr)
Lead Managers to the Issue
Project Cost
0.00
Capitalsquare Advisors Private Limited
Project Financed
35.78
 
Post Issue
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.
Repayment of Loans
General corporate purposes
Promoted By
Kumarshri Rajkumar Bahety
Mustafa Esmail Kapasi
Listing At
NSE - SME
Registrar to the Issue
No Data Available!!!
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