Striders Impex and Srinibas Pradhan Constructions Prepare for NSE SME IPO Listings

Two companies, Striders Impex and Srinibas Pradhan Constructions, are set to debut on the NSE SME platform with IPOs of Rs 36.29 crore and Rs 20 crore respectively. Both IPOs show grey market premiums at zero, indicating expectations of flat listings. Striders Impex, involved in toys and children's merchandise, received strong institutional interest but low retail subscription. Srinibas Pradhan Constructions, operating in infrastructure and utilities, is raising funds for working capital and debt repayment, with subscription details pending.