Striders Impex IPO Subscribed 1.33 Times on Day 3

Striders Impex Limited's initial public offering (IPO) closed its three-day subscription window on a moderate note, reaching 1.33 times overall subscription by 4:50 PM on Day 3 (March 2, 2026). The ₹36.29 crore book-build issue, priced at ₹71–₹72 per share, received bids for 44,60,800 shares against 33,53,600 shares on offer, with total applications reaching 447.

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Subscription Status of Striders Impex IPO

Here are the subscription details for Striders Impex IPO as of Day 3:

Key Highlights – Day 3

• Overall subscription reached a moderate 1.33 times, showing substantial improvement from Day 2's 0.96 times.
• Qualified institutional buyers (ex-anchor) maintained steady subscription at 2.03 times, unchanged across all three days, indicating consistent institutional interest in this toys and kids merchandise SME IPO.
• Non-institutional investors showed strong improvement at 1.69 times, building from Day 2's 0.75 times, with bNII at 1.99 times and sNII at 1.09 times, indicating healthy HNI demand on the final day.
• Individual investors recorded 0.77 times, improving from Day 2's 0.44 times.
• Total applications reached 447 on Day 3.
• Anchor investors fully subscribed their allocation of ₹10.32 crores on February 25, 2026.
• Market makers fully subscribed their allocation of ₹1.82 crores.

Key Highlights – Day 2

• Overall subscription reached 0.96 times, showing improvement from Day 1's 0.71 times.
• Qualified institutional buyers (ex-anchor) held steady at 2.03 times, unchanged from Day 1.
• Non-institutional investors showed improving interest at 0.75 times, building from Day 1's 0.00 times, with bNII at 0.80 times and sNII at 0.67 times.
• Individual investors showed improving participation at 0.44 times, building from Day 1's 0.27 times.

Key Highlights – Day 1

• Overall subscription reached 0.71 times, reflecting moderate initial investor interest in this toys and kids merchandise SME IPO.
• Qualified institutional buyers (ex-anchor) led opening day participation at 2.03 times, indicating strong institutional appetite from Day 1.
• Individual investors showed subdued participation at 0.27 times on Day 1.
• Non-institutional investors recorded negligible interest at 0.00 times on Day 1.

About Striders Impex Limited

Incorporated in 2021, Striders Impex Limited is primarily engaged in the business of licensing, own brand development, and distribution of toys and kids consumer merchandise, offering end-to-end solutions from product design and development to sourcing, manufacturing, and distribution across retail formats in India and select international markets. Its product range covers licensed merchandise, proprietary brands, novelties, plush toys, interactive plush, stationery, activity sets, children's accessories, school bags, water bottles, and lunch boxes. The company supplies to premium retail chains such as Timezone and Landmark and operates direct-to-consumer online channels through e-commerce platforms. As of December 31, 2025, the company had 36 employees.