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Dachepalli Publishers IPO Review - Issue Date, Price, GMP, Subscription, Allotment, Lot Size, and Details
Dachepalli Publishers Limited is an education-focused publishing company engaged in developing, printing, and distributing academic books and learning materials. The company primarily earns revenue through the sale of printed textbooks, workbooks, and supplementary educational content. Its products are used by schools, educational institutions, and distributors, mainly catering to the K-12 education segment, aligned with Indian academic curricula and education boards.
Dachepalli Publishers, an Book Built Issue, amounting to ₹40.39 Crore,consisting entirely an fresh issue of 0.40 crore shares of ₹40.39 Crore.The subscription period for the Dachepalli Publishers IPO opens on December 22, 2025, and closes on December 24, 2025. The allotment is expected to be finalized on or about Friday, December 26, 2025., and the shares will be listed on the BSE SME with a tentative listing date set on or about Tuesday, December 30, 2025.
The Share Price Band of Dachepalli Publishers IPO is set at ₹100 to ₹102 per share per equity share. The Market Capitalisation of the Dachepalli Publishers at IPO price of ₹102 per equity share will be ₹152.76 Crores. The lot size of the IPO is 1200 shares. Retail investors are required to invest a minimum of ₹
244,800, 2 lots ( 2400 shares), while the minimum investment for High-Net-Worth Individuals (HNIs) is
3 lots (
3600 shares), amounting to ₹
367,200.
SYNFINX CAPITAL PRIVATE LIMITED are the book running lead manager of the Dachepalli Publishers Ltd. while Bigshare Services Private Limited is the registrar for the issue. The Market Maker of the company is JSK Securities & Services Pvt.Ltd.
Dachepalli Publishers Limited IPO GMP Today
The Grey Market Premium of Dachepalli Publishers IPO is expected to be ₹0 based on the financial performance of the company. No real trading is done on the basis of Grey Market Premium that's why no real discovery of price can be done before the listing of shares on the stock exchange. The Grey Market Premium totally depends upon the Demand and Supply of the shares of the company in unorganized manner which is not recommended. The Grey Market Premium is mentioned for educational and informational purposes only.
Dachepalli Publishers Limited IPO Live Subscription Status Today: Real-Time Update
As of 07:30 PM on 24 December, 2025, the Dachepalli Publishers IPO live subscription status shows that the IPO subscribed 1.97 times on its Final Day of subscription period. Check the Dachepalli Publishers IPO Live Subscription Status Today at BSE.
Dachepalli Publishers Limited IPO Allotment Date - Step by Step Guide to Check Allotment Status Online
Dachepalli Publishers IPO allotment date is 26 December 2025, Friday, Dachepalli Publishers IPO Allotment will be out on 26 December 2025, Friday, and will be live on Registrar Website from the allotment date.
Check Bigshare Services Private Limited IPO Allotment Status here. Here's how you can check the allotment status:
- Navigate to the IPO allotment status page.
- Select Dachepalli Publishers IPO from the dropdown list of IPOs
- Enter your application number, PAN, or DP Client ID
- Submit the details to check your allotment status.
By following either of these methods, investors can quickly determine their allotment status and proceed accordingly with their investments.
Objectives of Dachepalli Publishers Limited IPO
Dachepalli Publishers to utilise the Net Proceeds towards the following objects:
1. ₹2500.00 Lakh is required for To part finance the requirement of Working Capital
2. ₹600.00 Lakh is required for Repayment of certain borrowing availed by our Company, in part or full
3. General Corporate Purpose
Refer to Dachepalli Publishers Limited RHP for more details about the Company.
Dachepalli Publishers Limited Day Wise IPO GMP Trend
| GMP Date | Issue Price | Expected Listing Price | GMP | Last Updated |
|---|---|---|---|---|
| December 16, 2025 | N/A | N/A | ₹0(0.0%) | 16 December 2025; 01:49 PM |
| December 16, 2025 | N/A | N/A | ₹0(0.0%) | 17 December 2025; 10:32 AM |
| December 16, 2025 | N/A | N/A | ₹0(0.0%) | 18 December 2025; 11:09 AM |
| December 16, 2025 | N/A | N/A | ₹0(0.0%) | 22 December 2025; 11:01 AM |
Dachepalli Publishers IPO Details
| Market Capitalization | ₹152.76 Cr |
| IPO Date | December 22, 2025 to December 24, 2025 |
| Listing Date | December 30, 2025 |
| Face Value | ₹10 Per Share |
| Price Band | ₹100 to ₹102 per share |
| Issue Price | ₹102 per share |
| Employee Discount | NA |
| Lot Size | 1200 Equity Shares |
| Total Issue Size | 39,60,000 Equity Shares (aggregating to ₹40.39 Cr) |
| Fresh Issue | 39,60,000 Equity Shares (aggregating to ₹40.39 Cr) |
| Offer for Sale | NA |
| Issue Type | Book Built Issue |
| Listing At | BSE SME |
| Share holding pre issue | 1,10,16,000 |
| Share holding post issue | 1,49,76,000 |
| Rating | Avoid |
Dachepalli Publishers IPO Anchor Investors Details
| Bid Date | December 19, 2025 |
| Shares Offered | 11,25,600 |
| Anchor Portion Size (In Cr.) | 11.48 |
| Anchor lock-in period end date for 50% shares (30 Days) | January 25, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | March 26, 2026 |
Dachepalli Publishers IPO Timeline (Tentative Schedule)
| IPO Open Date | Mon, Dec 22, 2025 |
| IPO Close Date | Wed, Dec 24, 2025 |
| Basis of Allotment | Fri, Dec 26, 2025 |
| Initiation of Refunds | Mon, Dec 29, 2025 |
| Credit of Shares to Demat | Mon, Dec 29, 2025 |
| Listing Date | Tue, Dec 30, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Dec 24, 2025 |
Dachepalli Publishers IPO Reservation
| Investor Category | Shares Offered | Reservation % |
|---|---|---|
| QIB Portion | 1,880,400 | Not less than 50% of the Net Offer |
| Non-Institutional Investor Portion | 564,120 | Not more than 15% of the Net Issue |
| Retail Shares Offered | 1,316,280 | Not more than 35% of the Net Offer |
| Market Maker Portion | 199,200 | - |
Dachepalli Publishers IPO Promoter Holding
| Share Holding Pre Issue | 88.07% |
| Share Holding Post Issue | 64.78% |
Dachepalli Publishers IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | ₹244,800 |
| Retail (Max) | 2 | 2,400 | ₹244,800 |
| S-HNI (Min) | 3 | 3,600 | ₹367,200 |
| S-HNI (Max) | 8 | 9,600 | ₹979,200 |
| B-HNI (Min) | 9 | 10,800 | ₹1,101,600 |
Dachepalli Publishers IPO Subscription Status
| Investor Category | Shares Offered | Shares Bid For | No of Times Subscribed | Last Upadeted |
|---|---|---|---|---|
| Qualified Institutional Buyers (QIB) | 7,52,400 | 9,68,400 | 1.29x | 25 December 2025; 10:56 AM |
| Non Institutional Investors(NIIS) | 7,64,400 | 17,17,200 | 2.25x | 25 December 2025; 10:56 AM |
| Retail Individual Investors (RIIs) | 13,17,600 | 24,98,400 | 1.90x | 25 December 2025; 10:56 AM |
| Total | 26,35,200 | 51,84,000 | 1.97x | 25 December 2025; 10:57 AM |
About Dachepalli Publishers Limited
Dachepalli Publishers Limited is an education-focused publishing company engaged in developing, printing, and distributing academic books and learning materials. The company primarily earns revenue through the sale of printed textbooks, workbooks, and supplementary educational content. Its products are used by schools, educational institutions, and distributors, mainly catering to the K-12 education segment, aligned with Indian academic curricula and education boards.
Key Clients and Manufacturing Facilities
The company serves private schools, educational institutions, distributors, and wholesalers across India. Dachepalli Publishers operates its major manufacturing and printing facility at I.D.A. Cherlapalli, Phase-II, Hyderabad, Telangana. The facility is equipped for end-to-end printing, binding, and finishing processes, enabling control over quality, cost efficiency, and timely execution of large academic print orders.
Product Portfolio, Order Book and Execution
The product portfolio includes textbooks, workbooks, teacher manuals, and supplementary learning materials for school education. These products cater to different stages of the academic life cycle, from early learning to secondary education. Orders are largely seasonal and curriculum-driven. The company executes its order book through in-house printing infrastructure, allowing timely delivery before academic sessions and reducing dependency on third-party printers.
Mergers, Capex and Expansion Plans
The company has no major mergers announced as of the RHP date. Future plans include capacity expansion, investment in modern printing machinery, and strengthening distribution reach. IPO proceeds are proposed to be used towards working capital requirements and business expansion. The management aims to improve operational efficiency and scale production to meet rising demand from educational institutions.
Employees and Banker Details
As of September 30, 2025, the company had 205 employees. The Banker to the Company is HDFC Bank Limited.
MANAGEMENT AND VISION
The management of Dachepalli Publishers Limited comprises experienced promoters with decades of presence in the education publishing industry. Their vision is focused on sustainable growth through curriculum-aligned content, operational efficiency, and expansion in domestic markets. In the near term, management targets revenue growth by increasing school tie-ups and distributor reach. Long-term goals include capacity enhancement and product diversification. Funds for expansion are planned through IPO proceeds, internal accruals, and improved working capital management.
INDUSTRY OVERVIEW
Dachepalli Publishers operates within the Indian educational publishing industry. The Indian education market is valued at several trillion rupees and continues to grow at a CAGR of around 8–10%, driven by population growth, rising literacy rates, and government focus on education. The K-12 publishing segment forms a significant portion of this market. Globally, the education publishing industry is valued in excess of USD 100 billion with steady growth. Major global leaders include Pearson and McGraw-Hill, while India has a fragmented market with regional publishers dominating local curricula.
KEY RISK FACTORS
- Seasonal Revenue Risk
The company’s revenues are highly dependent on the academic calendar. Any delay in school schedules or changes in curriculum cycles may impact order inflow, inventory planning, and cash flow during peak academic seasons. - Dependence on Education Policies
Changes in education board policies, syllabus revisions, or government regulations can directly impact demand for existing textbooks, leading to higher obsolescence risk and additional content development costs. - Working Capital Intensity
The publishing business requires high working capital due to inventory buildup and extended receivable cycles from distributors and schools, which may strain liquidity if collections are delayed. - Competition Risk
The education publishing market is highly competitive with regional and national players. Increased competition can lead to pricing pressure, reduced margins, and higher marketing and distribution costs. - Technology and Digital Shift
Growing adoption of digital learning platforms and e-books may reduce long-term demand for printed textbooks, impacting traditional publishing revenue streams. - Client Concentration Risk
A significant portion of revenue may come from a limited number of distributors or institutions. Loss of key clients could materially affect business performance.
KEY STRENGTHS, MOAT AND OPPORTUNITIES
- Integrated Printing Infrastructure
The company’s in-house printing facility provides control over quality, cost, and delivery timelines, creating an operational moat and reducing dependency on external vendors. - Strong Curriculum Alignment
Products are aligned with school curricula, ensuring consistent demand and long-term relationships with educational institutions and distributors. - Established Industry Presence
With operations dating back to 1998, the company benefits from brand recognition and trust within regional education markets. - Scalable Business Model
Existing infrastructure allows capacity expansion with incremental investment, enabling the company to scale volumes without proportionate cost increases. - Growing Education Demand
Rising school enrollments and focus on quality education in India provide strong growth opportunities for academic publishers in the K-12 segment. - IPO-Led Expansion Opportunity
The IPO provides capital for working capital strengthening and expansion, enabling the company to capture higher market share and improve operational efficiency.
Dachepalli Publishers Limited Financial Information (Restated Consolidated)
Amount in (₹ in Lakhs)
| Period Ended | Sep 30, 2025 | Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 |
|---|---|---|---|---|
| Reserve of Surplus | 2,392.62 | 1,630.86 | 1,364.22 | 1,032.33 |
| Total Assets | 10,126.45 | 10,434.30 | 9,297.20 | 8,001.41 |
| Total Borrowings | 4,123.53 | 4,410.93 | 4,147.20 | 4,273.78 |
| Fixed Assets | 737.22 | 743.93 | 598.36 | 663.56 |
| Cash | 91.20 | 360.33 | 226.92 | 2.50 |
| Cash flow from operating activities | 201.01 | 277.56 | 549.97 | 64.47 |
| Cash flows from investing activities | -100.09 | -237.84 | -4.60 | -5.50 |
| Cash flow from financing activities | -370.05 | 93.66 | -320.95 | -97.35 |
| Net Borrowing | 4,032.33 | 4,050.60 | 3,920.28 | 4,271.28 |
| Revenue | 4,036.00 | 6,425.26 | 5,089.82 | 4,525.51 |
| EBITDA | 1,149.54 | 1,247.96 | 710.61 | 315.07 |
| PAT | 761.76 | 756.24 | 331.90 | 47.49 |
| PAT Margin | 18.87% | 11.77% | 6.52% | 1.05% |
| EPS | 6.92 | 6.86 | 3.01 | 0.43 |
Note 1:- RoE, ROCE & RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 2:- Pre EPS and Post EPS calculation in KPI is based (Profit/Loss for the Year) on 31st Mar, 2025 Data, given in RHP.
Note 3:- RoNW calculation in KPI is based on 31st Mar, 2025 Data, given in RHP.
Note 4:- Price to Book Value calculation in KPI is based on Cap Price Post Issue Data, given in FINANCIAL EXPRESS.
Key Performance Indicator
| KPI | Values |
|---|---|
| EPS Pre IPO (Rs.) | 6.86 |
| EPS Post IPO (Rs.) | 5.05 |
| Adjusted 12M EPS Post IPO (Rs.) | 10.17 |
| P/E Pre IPO | 14.87 |
| P/E Post IPO | 20.20 |
| Adjusted 12M P/E Post IPO | 10.03 |
| ROE | 32.12% |
| ROCE | 18.22% |
| P/BV | 4.11 |
| Debt/Equity | 1.25 |
| RoNW | 27.68% |
| EBITDA Margin | 19.53% |
| PAT Margin | 11.77% |
Dachepalli Publishers Limited IPO Peer Comparison
| Company Name | EPS | P/E (x) | ROE | ROCE | P/BV | Debt/Equity | RoNW (%) |
|---|---|---|---|---|---|---|---|
| Dachepalli Publishers Limited | 5.05 | 20.20 | 32.12% | 18.22% | 4.11 | - | 27.68% |
| Chetana Education | 7.25 | 7.58 | 25.9 % | 23.3 % | 1.45 | 0.06 | 17.18% |
| S Chand and Company | 4.46 | 35.27 | - | - | 4.13 | - | 1.92% |
Dachepalli Publishers Limited Contact Details
Dachepalli Publishers Limited
Phone: + 91-7207020941
Email: cs@dachepalli.com
Website: http://www.dachepalli.com
Dachepalli Publishers IPO Registrar and Lead Manager(s)
Bigshare Services Pvt.Ltd.
Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: https://ipo.bigshareonline.com/IPO_Status.html
SYNFINX CAPITAL PRIVATE LIMITED
Phone: 9833932080
Email: mbd@synfinx.com
Website: http://www.synfinx.com
Dachepalli Publishers IPO Review
Dachepalli Publishers Limited is an education-focused publishing company engaged in developing, printing, and distributing academic books and learning materials. The company primarily earns revenue through the sale of printed textbooks, workbooks, and supplementary educational content. Its products are used by schools, educational institutions, and distributors, mainly catering to the K-12 education segment, aligned with Indian academic curricula and education boards.
The Company is led by Promoter, i.e., MR. VINOD KUMAR DACHEPALLI, MR. RUSHIKESH DACHEPALLY, MRS. MANJULA DACHEPALLI, MR. HARISH KUMAR DACHEPALLI AND MR. ABHINAV DACHEPALLY
The Revenues from operations for the Period ended on June 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹
4,036.00 Lakh, ₹
6,425.26 Lakh, ₹
5,089.82 Lakh, and ₹
4,525.51 Lakh, The EBITDA for the Period ended on June 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were ₹
1,149.54 Lakh, ₹
1,247.96 Lakh, ₹
710.61 Lakh, and ₹
315.07 Lakh, The Profit after Tax for the Period ended on June 30 2025, and Fiscals ended on Mar 31, 2025, 2024 and 2023 were were ₹
761.76 Lakh, ₹
756.24 Lakh, ₹
331.90 Lakh, and ₹
47.49 Lakh, respectively. This indicates a steady growth in financial performance.
The Company Key Performance Indicates the pre-issue EPS of ₹5.41 and post-issue EPS of ₹3.89 for FY25. The pre-issue P/E ratio is 12.94x,while the post-issue P/E ratio is 17.98x against the Industry P/E ratio is 8.31x The company's ROE for FY25 is 41.06% and RoNW is 34.07% The Annualised EPS is ₹6.38x and P/E is 15.37x. These metrics suggest that the IPO is Fully priced.
The Grey Market Premium (GMP) of Dachepalli Publishers showing listing gains of 0%.Given the company's financial performance and the valuation of the IPO, we recommend Investors to Avoid to the Dachepalli Publishers Limited IPO for Listing gain or Long Term Purposes.
Disclaimer: The information provided in this IPO review is for educational and informational purposes only and should not be construed as financial advice or an offer to buy or sell securities. The review must not be used as a singular basis of any investment decision. The views herein are of a general nature and do not consider the risk appetite or the particular circumstances of an individual investor; readers are requested to take professional advice before investing. Nothing in this document should be construed as investment advice. The content is based on publicly available information and market perceptions as of the date of publication and is subject to change. Neither the author nor the website is responsible for any losses or damages arising from the use of this information. We also use Artificial Intelligence (AI) tools to enhance the efficiency and quality of our research services, including data retrieval, analysis, and report summarization. 1.“Registration granted by SEBI, membership of a SEBI recognized supervisory body (if any) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.” 2. “Investment in securities market are subject to market risks. Read all the related documents carefully before investing.” 3. To read the Disclaimers, Disclosures, Investor Charter, Investor Complaints please visit Legal our website abhayvarn.com
About the Author
CA Abhay Kumar (Also known as CA Abhay Varn) is a qualified Chartered Accountant by profession and cleared CA at age 21. He is a SEBI Registered Research Analyst with Registration Number - INH300008465. He Possesses 8+ years of experience in the Stock Market Field and has also worked in Big CA firms.





