Striders Impex IPO GMP

February 23, 2026 Written By Mihir Gohel, Reviewed and Fact Checked by Harpal Parmar

Striders Impex IPO opens for subscription on February 26, 2026, and closes on March 2, 2026, with an issue size of ₹36.29 crore comprising ₹32.62 crore fresh issue and ₹3.66 crore offer for sale of 50.40 lakh shares at ₹71 – ₹72 apiece for NSE SME listing on March 6. Ahmedabad-based exporter Striders Impex specializes in garments, fabrics, and apparel sourcing for global brands since 2022. Striders Impex IPO funds machinery acquisition, working capital, and strategic expansions.

₹00

Latest IPO GMP

Last updated on 05 Mar 2026 13.01

₹72

IPO Offer Price

*cut off price

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Listing Price

Listing date is 06/03/2026.

Expert Opinions

Market sentiment for Striders Impex IPO leans positive among export-oriented investors, propelled by consistent profit trajectory and UAE expansion plans despite receivable concerns. Company strengths include FY25 consolidated revenue of ₹61.95 crore up 48% YoY, PAT of ₹8.41 crore reflecting 13.59% margins, ROCE consistency above 57%, Dubai subsidiary scaling, and client diversification across 10+ markets.

Risks and challenges feature trade receivables at 153 days signaling liquidity strain, 9M FY26 revenue moderation to ₹49.61 crore, raw material import volatility, forex fluctuations, and customer concentration risks. Valuation analysis of Striders Impex IPO and year 2025 displays Return on Equity (ROE) of 55.81%, ROCE of 57.96%, and Net Asset Value (NAV) of ₹11.09, priced at 15.93x FY25 P/E deemed reasonable versus peers. Long-term investment perspective aligns with apparel export rebound targeting 12% CAGR through global sourcing hubs.

Investor Considerations

Striders Impex IPO demonstrates strong company performance and fundamentals in FY25, with consolidated revenue reaching ₹61.95 crore reflecting 48% growth and PAT climbing to ₹8.41 crore alongside robust operational efficiency. Textile and apparel export sector outlook remains favorable at 10-12% CAGR, supported by global demand recovery and nearshoring trends. IPO Valuation of Financial Year 2025 for Striders Impex IPO and year indicates Price to Book Value of 6.49, PAT Margin of 13.59%, and Debt/Equity of 1.36, positioning at 15.93x P/E competitive within SME export peers.

Growth prospects leverage Dubai subsidiary expansion, new client acquisitions across 10+ markets, and capacity enhancements for premium fabrics. Risk factors include extended receivables at 153 days, forex exposure volatility, raw material price fluctuations, and geographic concentration in key export destinations. Short-term investment goals focus on listing momentum from export themes, while long-term horizons benefit from diversified global sourcing networks.