Striders Impex Ltd Launches IPO to Raise Rs 36.28 Crore at Rs 71-72 Per Share

Striders Impex Ltd has launched its initial public offering (IPO) on February 26, aiming to raise approximately Rs 36.28 crore by issuing up to 50.4 lakh equity shares priced between Rs 71 and Rs 72 each. The IPO includes a fresh issue of 45.31 lakh shares and an offer for sale of 5.08 lakh shares, with shares to be listed on the NSE Emerge platform. Proceeds will support expansion, loan repayment, and corporate purposes. The issue reserves shares for institutional, non-institutional, retail investors, and market makers, with a minimum bid of 3,200 shares.