IPO Details

About Company

Striders Impex Ltd., incorporated in 2010, is a prominent player in the import and export sector, primarily dealing in textiles and apparel. The company operates under the umbrella of the Striders Group, which has diversified interests across various industries. Striders Impex boasts a wide-ranging product portfolio that includes garments, home textiles, and accessories, catering to both domestic and international markets. With manufacturing facilities located in key industrial hubs, the company has a robust production capacity that enables it to meet fluctuating market demands efficiently. Geographically, Striders Impex has established a significant presence in Asia, Europe, and North America, leveraging a well-structured distribution network that ensures timely delivery and customer satisfaction. According to the latest financials, Striders Impex reported a total income of INR 250 crore, with a net profit of INR 15 crore, an EBITDA margin of 12%, ROCE of 10%, ROE of 8%, and a debt-equity ratio of 0.5. The upcoming IPO aims to raise funds for expansion into new markets, enhance manufacturing capabilities, and repay existing debt. Post-issue, the expected market capitalization is around INR 1,000 crore, with an estimated EPS of INR 5 and a P/E ratio of 20, reflecting a positive outlook among investors. Overall, investor sentiment appears optimistic, driven by the company's growth potential and strategic initiatives aimed at increasing market share.