Dachepalli Publishers IPO is opening for subscription on December 22, 2025, and will close on December 24, 2025. The IPO is a Book Built Issue and the company plans to raise around ₹40.39 crores through this public issue. The entire issue consists of a fresh issue of equity shares with a face value of ₹10 each. There is no confirmed offer-for-sale component.
The price band for the Dachepalli Publishers IPO is fixed at ₹100 to ₹102 per share. The IPO will be listed on the BSE SME platform, and the basis of allotment is expected to be finalised on December 26, 2025. Shares are likely to be credited to demat accounts on December 29, 2025, and the listing date is December 30, 2025.
Contents
Dachepalli Publishers IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | December 22, 2025 |
| IPO Close Date | December 24, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹100 to ₹102 per share |
| Issue Size | Approx ₹40.39 Crores |
| Fresh Issue | Approx ₹40.39 Crores |
| Issue Type | Book Build Issue |
| IPO Listing | BSE SME |
| DRHP | View PDF |
| RHP | View PDF |
Dachepalli Publishers IPO
Open: 22-24 Dec
Issue Size: ₹40.39 Cr.
Objective: Finance working capital and partly repay borrowings for business growth.
Exchange: BSE SME
Dachepalli Publishers IPO GMP Today
Dachepalli Publishers SME IPO GMP is currently at ₹0, indicating a flat grey market sentiment ahead of the issue opening. With the IPO price fixed at ₹102, the estimated listing price also stands at ₹102, suggesting no expected listing gain or loss at this stage.
Over the last seven sessions, GMP has largely remained muted, except for a brief spike to ₹10, which quickly cooled off. This shows limited speculative interest and cautious participation from grey market traders.
The downward movement after the short rise indicates that investors are waiting for stronger subscription cues. Overall, the GMP trend points to a stable but low-risk listing, with returns likely driven more by fundamentals than hype.
Dachepalli Publishers SME IPO Day-wise GMP Trend
| Date | GMP | Estimated Listing Price | Expected Gain |
|---|---|---|---|
| 21-12-2025 | ₹0 (No Change) | ₹102 | 0.00% |
| 20-12-2025 | ₹0 (Down) | ₹102 | 0.00% |
| 19-12-2025 | ₹10 (Up) | ₹112 | 9.80% |
| 18-12-2025 | ₹0 (No Change) | ₹102 | 0.00% |
| 17-12-2025 | ₹0 (No Change) | ₹102 | 0.00% |
| 16-12-2025 | ₹0 (No Change) | ₹102 | 0.00% |
| 15-12-2025 | ₹0 (No Change) | ₹102 | 0.00% |
The table clearly shows that the GMP touched a short-term high of ₹10 on December 19, reflecting temporary optimism.
However, the quick return to ₹0 suggests that the grey market confidence has softened. If subscription numbers improve, GMP may stabilise, but as of now, expectations remain neutral.
Disclaimer: GMP is based on grey market news. We do not trade or recommend trading in the grey market or Subject to Sauda (sub2) rates.
Dachepalli Publishers IPO Review
The overall review of the Dachepalli Publishers IPO is neutral. The company has shown strong improvement in revenue and profitability over the last two financial years, supported by a wide distribution network and growing demand for educational content.
However, the IPO valuation and SME nature of the issue suggest that investors should approach with a long-term perspective rather than short-term listing expectations.
Dachepalli Publishers IPO Market Lot Details
The minimum application size for the Dachepalli Publishers IPO is relatively high due to its SME structure.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,44,800 |
| Retail Maximum | 2 | 2,400 | ₹2,44,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,67,200 |
| S-HNI Maximum | 8 | 9,600 | ₹9,79,200 |
| B-HNI Minimum | 9 | 9,600 | ₹11,01,600 |
Dachepalli Publishers IPO Reservation Details
| Investor Category | Shares Offered | % of Shares |
|---|---|---|
| Anchor Investor | 11,25,600 Shares | 28.42% |
| QIB (Excluding Anchor) | 7,52,400 Shares | 19.00% |
| NII | 5,65,200 Shares | 14.27% |
| Retail | 13,17,600 Shares | 33.27% |
- Also Read: Shyam Dhani IPO (22-24 Dec)
Dachepalli Publishers IPO Anchor Investors
| Particulars | Details |
|---|---|
| Anchor Bidding Date | December 19, 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | 11,25,600 Shares |
| Anchor Size | ₹11.48 Crores |
| Lock-in End (50% – 30 Days) | January 25, 2026 |
| Lock-in End (50% – 90 Days) | March 26, 2026 |
Dachepalli Publishers IPO Important Dates
| Event | Date |
|---|---|
| IPO Open Date | December 22, 2025 |
| IPO Close Date | December 24, 2025 |
| Basis of Allotment | December 26, 2025 |
| Refund Initiation | December 29, 2025 |
| Credit to Demat Account | December 29, 2025 |
| IPO Listing Date | December 30, 2025 |
| Bidding Cut-off Time | December 24, 2025 – 5 PM |
Promoters and Shareholding Pattern
The promoters of Dachepalli Publishers Limited are Mr. Vinod Kumar Dachepalli, Mr. Rushikesh Dachepally, Mrs. Manjula Dachepalli, Mr. Harish Kumar Dachepalli, and Mr. Abhinav Dachepally.
| Particulars | Shares | % Holding |
|---|---|---|
| Pre-Issue Promoter Holding | 1,10,16,000 | 88.07% |
| Post-Issue Promoter Holding | 1,49,76,000 | 64.78% |
Objects of the Issue
The company intends to utilise the IPO proceeds primarily to strengthen its working capital position, which will support day-to-day operations and expansion plans.
A portion of the funds will also be used for repayment of certain existing borrowings, either partially or fully, which will help reduce interest costs and improve the balance sheet. The remaining funds will be deployed towards general corporate purposes.
About Dachepalli Publishers Limited
Dachepalli Publishers Limited operates in the Indian educational publishing segment and focuses on publishing textbooks, reference books, and academic materials for school and college students. The company caters to a wide range of subjects and educational programs, offering both printed and digital learning solutions.
As of 2025, the company has published more than 600 titles under six recognised brands, including Apple Books, Orange Leaf Publishers, Pelican Publishing House, Sangam Publishing House, and School Book Company. In FY25, the company sold over 4 million books and operates across 10 states through a strong network of nearly 300 distributors and dealers.
Dachepalli Publishers IPO Financial Performance
Amount in ₹ Crores
| Period Ended | Revenue | Expenses | PAT | Assets |
|---|---|---|---|---|
| 2023 | 45.26 | 41.94 | 0.47 | 80.01 |
| 2024 | 50.90 | 43.51 | 3.32 | 92.97 |
| 2025 | 64.25 | 51.42 | 7.56 | 104.34 |
| September 2025 | 40.36 | 28.86 | 7.62 | 101.26 |
Dachepalli Publishers IPO Valuation – FY2025
| KPI | Value |
|---|---|
| ROE | 32.12% |
| ROCE | 18.22% |
| EBITDA Margin | 19.53% |
| PAT Margin | 11.83% |
| Debt to Equity Ratio | 1.24 |
| EPS (Basic) | ₹6.86 |
| P/E Ratio | N/A |
| Return on Net Worth | 27.68% |
| NAV | ₹24.80 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Chetana Education Limited | 7.25 | 7.58 | 17.18% | 38.54 | ₹102.29 Cr |
| S Chand and Company Limited | 4.46 | 35.27 | 1.92% | 232.43 | ₹293.97 Cr |
IPO Lead Manager
Synfinx Capital Pvt. Ltd.
Company Address
| Particulars | Details |
|---|---|
| Company Name | Dachepalli Publishers Limited |
| Address | Plot No. 2/B, (C.F. Area) I.D.A. Cherlapalli, Phase-II |
| City | Hyderabad |
| State | Telangana |
| PIN Code | 500051 |
| Phone | +91-7207020941 |
| cs@dachepalli.com | |
| Website | www.dachepalli.com |
IPO Registrar
Bigshare Services Pvt. Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: ipo.bigshareonline.com
Dachepalli Publishers IPO FAQs
What is Dachepalli Publishers IPO?
Dachepalli Publishers IPO is a BSE SME IPO through which the company plans to raise around ₹40.39 crores by issuing fresh equity shares.
When will Dachepalli Publishers IPO open and close?
The IPO will open for subscription on December 22, 2025, and will close on December 24, 2025.
What is the price band of Dachepalli Publishers IPO?
The price band for Dachepalli Publishers IPO is fixed at ₹100 to ₹102 per equity share.
What is the lot size of Dachepalli Publishers IPO?
The minimum lot size is 2,400 shares. Retail investors need to invest at least ₹2,44,800 to apply for this IPO.
What is the issue size of Dachepalli Publishers IPO?
The total issue size of the IPO is approximately ₹40.39 crores, and it is entirely a fresh issue.
On which exchange will Dachepalli Publishers IPO be listed?
Dachepalli Publishers IPO will be listed on the BSE SME platform.
What is the allotment date of Dachepalli Publishers IPO?
The basis of allotment for the IPO is expected to be finalised on December 26, 2025.
When will Dachepalli Publishers IPO be listed?
The IPO is expected to be listed on the BSE SME exchange on December 30, 2025.
What is the investor reservation in Dachepalli Publishers IPO?
The IPO reservation is 50% for Qualified Institutional Buyers (QIB), 15% for Non-Institutional Investors (NII), and 35% for Retail Investors.
Who are the promoters of Dachepalli Publishers Limited?
The promoters are Mr. Vinod Kumar Dachepalli, Mr. Rushikesh Dachepally, Mrs. Manjula Dachepalli, Mr. Harish Kumar Dachepalli, and Mr. Abhinav Dachepally.
What does Dachepalli Publishers Limited do?
The company is engaged in publishing educational books, including textbooks and reference materials, for school and college students across India.
How has the financial performance of Dachepalli Publishers been?
The company has reported consistent growth in revenue and profits over the last three financial years, with PAT increasing to ₹7.56 crores in FY2025.
How will the IPO proceeds be used?
The IPO proceeds will be used to meet working capital requirements, repay certain borrowings, and for general corporate purposes.
Is Dachepalli Publishers IPO good for listing gains?
Being an SME IPO, listing gains may be uncertain. Investors should focus more on the company’s fundamentals and long-term growth prospects.
Is Dachepalli Publishers IPO suitable for long-term investment?
Considering the improving financials and steady demand for educational content, the IPO may be suitable for investors with a long-term investment horizon.
How can I apply for Dachepalli Publishers IPO?
Investors can apply through ASBA using net banking, UPI via stockbrokers, or by submitting an offline IPO application form.
Expert Comment
Dachepalli Publishers IPO presents a steady educational publishing business with improving profitability, healthy margins, and a growing distribution footprint. While the high minimum investment and SME platform may limit participation, long-term investors who believe in the education sector’s growth story may consider this IPO with measured expectations.







