Incorporated in 2021, Striders Impex Ltd. (SIL) is engaged in licensing, own brand development and distribution of toys and kids’ consumer merchandise. It provides end-to-end solutions spanning product design, sourcing, manufacturing and distribution, catering to multiple retail formats across India and select global markets. SIL is strategically investing in building its direct-to-consumer presence through e-commerce platforms while simultaneously strengthening its offline distribution network. On the domestic front, it aims to deepen retail penetration across additional cities while continuing supplies to premium retail chains such as Timezone and Landmark.
Its business model is built around licensing and brand partnerships, efficient sourcing and manufacturing, and a pan-channel distribution strategy. The product portfolio includes licensed merchandise, proprietary brands, novelties, plush and interactive toys, stationery, activity sets, children’s accessories, school bags, water bottles and lunch boxes. As of 31st December 2025, SIL had a total workforce of 36 employees.
Growth Outlook: SIL is strengthening its proprietary brand portfolio while expanding global licensing partnerships to improve margins and brand recall. The company is deepening retail reach across India and scaling international operations through its UAE platform.
Focus areas include product innovation, digital marketing and expansion across MENA markets, which are expected to support medium-term growth.
Financial Performance: (Consolidated) (Rs. in cr.)
| Particulars | FY23 | FY24 | FY25 | 9MFY26 (Dec’25) |
| Revenue | 29.96 | 41.70 | 61.87 | 49.57 |
| EBITDA | 3.09 | 5.31 | 9.32 | 6.49 |
| EBITDA Margin (%) | 10.32% | 12.74% | 15.07% | 13.09% |
| PAT | 2.03 | 4.39 | 8.41 | 4.01 |
| PAT Margin | 6.78% | 10.52% | 13.59% | 8.09% |
SIL continues to deliver strong scale-led growth with improving profitability.
To finance its growth, Striders Impex India is going public with its IPO to raise a fresh issue of Rs.36 crore, which opened for subscription on Thursday, 26th February 2026 and will close on Monday, 2nd March 2026. The issue comprises 50,40,000 equity share of Rs.10/share in the price band of Rs.71 to Rs.72. The market lot size is 1600 shares and the issue will be listed on the NSE SME.
The issue is managed by Capital Square Advisors Pvt. Ltd.
