Current IPO
Striders Impex Ltd
Registered Office:
14th Flr office No.1406 & 1407,Ajmera Sikova Sikova Inds.Marg,
Maharashtra ,
Mumbai,400086
Phone : 022-4015 8212
|
Fax : N/A
| Email :
cs@striders.biz
| Website : www.striders.biz
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 | Allotment | Application |
| 26-Feb-26 | 02-Mar-26 | 0.0 - 0.0 | 71.0 - 72.0 |
Minimum Application for shares in Nos : 3200.00 Further Multiples of : 1600.00
| ( in Cr) | Lead Managers to the Issue | |
|---|---|---|
| Project Cost | 0.00 |
Capitalsquare Advisors Private Limited |
| Project Financed | 35.78 | |
| Post Issue | 19.13 | |
| Issue Price | 19.13 |
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
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Promoted By
Kumarshri Rajkumar Bahety
Mustafa Esmail Kapasi
Mariya Mustafa Kapasi
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Listing At
NSE - SME
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Registrar to the Issue
MUFG Intime India Pvt Ltd