IPO

IPO Synopsis

Striders Impex Ltd
Registered Office: 14th Flr office No.1406 & 1407,Ajmera Sikova Sikova Inds.Marg , Mumbai - 400086 , Maharashtra , India.
Phone : 022-4015 8212   Fax:
Email :  cs@striders.biz  
Website :  www.striders.biz
Initial public offering of up 50,40,000 equity shares of face value of Rs10/- each ("Equity Shares") of Striders Impex Limited ("Company" or the Issuer") for cash at a price of Rs72 per equity share (including a share premium of Rs62 per equity share) ("issue price") aggregating up to Rs36.29 crores comprising a fresh issue of up to 45,31,200 equity shares aggregating up to Rs32.62 crores by the company ("Fresh Issue") and an offer for sale of up to 5,08,800 equity shares aggregating up to Rs3.66 crores (the "Offered Shares") comprising up to 2,54,400 equity shares by Kumarshri Rajkumar Bahety aggregating up to Rs1.83 crores and up to 2,54,400 equity shares by Mustafa Esmail Kapasi aggregating up to Rs1.83 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 Rs1.82 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 Rs10/- each at price of Rs72 per equity share aggregating to Rs34.47 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 Rs10/- each. The issue price is 7.2 times the face value of the equity shares. Price Band: Rs71 to Rs72 per equity share of face value of Rs10 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 Rs 71.00-72.00 Rs 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 through Current Offer 35.78
Post Issue Equity Share Capital 19.13
Issue Price Rs 71.00
Projects
Funding of Working Capital Requirements in India Repayment of Loans
Investment in Striders FZ LLC, wholly owned subsidiary, to fund its working capital requirements General corporate purposes
Investment in a newly wholly owned subsidiary in mainland UAE, to fund its working capital requirements.
Promoted By Listing At Registrar to the Issue
  Kumarshri Rajkumar Bahety
  Mustafa Esmail Kapasi
 NSE - SME
No Data Found.

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