The Dachepalli Publishers IPO is an SME IPO that will issue 39,60,000 shares at a face value of ₹10 per share. The total issue size is ₹40.39 crore. The IPO is scheduled to open on December 22, 2025. The subscription window closes on December 24, 2025. Share allotment is planned for December 26, 2025, and the listing is anticipated on December 30, 2025.
The IPO has a lot size of 1,200 shares, while the price band is set between ₹100 and ₹102 per share. The minimum bid of 2 lots makes the investment amount for retail investors ₹2,44,800. sNII category bids start at ₹3,67,200 for 3 lots, and the bNII investors will have to bid for a minimum of 9 lots with ₹11,01,600.
Dachepalli Publishers IPO Details
Below are the important facts and figures related to the IPO:
| Particulars | Details |
| Bids Start From | December 22, 2025 |
| Bids End On | December 24, 2025 |
| IPO Lot Size | 1,200 Shares |
| Face value | ₹10 per share |
| Issue price | |
| Price Band | ₹100 to ₹102 |
| Issue Type | Book-built |
| Fresh Issue | 39,60,000 shares (₹40.39 Crore) |
| Offer for sale | |
| Total Issue | 39,60,000 shares (₹40.39 Crore) |
| Listing at | BSE SME |
| Minimum Investment | ₹2,44,800 |
Dachepalli Publishers IPO Timeline
The issue is scheduled as per the timeline below:
| Particulars | Details |
| Bidding opens on | December 22, 2025 |
| Bidding closes on | December 24, 2025 |
| Scheduled Allotment | December 26, 2025 |
| Refund Initiation | December 29, 2025 |
| Shares Credit to Demat | December 29, 2025 |
| Expected Listing | December 30, 2025 |
| Time of UPI mandate cut-off | 5 PM on December 24, 2025 |
Dachepalli Publishers Key Performance Indicator
Below is an overview of Dachepalli Publishers’ key performance indicators:
| KPIs | FY 2023 | FY 2024 | FY 2025 |
| ROE (%) | 2.93 | 18.33 | 32.12 |
| ROCE (%) | 4.25 | 10.71 | 18.22 |
| Debt Equity (times) | – | – | – |
| RoNW (%) | 2.89 | 16.79 | 27.68 |
| PAT Margin (%) | 1.05 | 6.53 | 11.83 |
| EBITDA margin (%) | 6.97 | 13.97 | 19.53 |
| Price Book Value | – | – | – |
Dachepalli Publishers Financials
The key financial metrics of Dachepalli Publishers are presented below:
| Financial Metrics (in ₹ lakh) | 2023 | 2024 | 2025 |
| Revenue | 4,525.51 | 5,089.82 | 6,425.26 |
| Total Asset | 8,001.41 | 9,297.20 | 10,434.30 |
| Profit | 47.49 | 331.90 | 756.24 |
Subscription status of the Dachepalli Publishers IPO
Dachepalli Publishers IPO shares subscription is as follows:
| Day | NII | Individual Investor | Total |
| Day 1 | – | – | – |
| Day 2 | – | – | – |
| Day 3 | – | – | – |
Dachepalli Publishers IPO Grey Market Premium Today
The Dachepalli Publishers IPO is currently trading at a GMP of ₹0, reflecting a muted response from the grey market. With no change in the premium over the past three days, market sentiment remains neutral before listing.
| Date | GMP (₹) | Estimated Listing Price | Estimated Listing Gain | Trend |
| 18-12-2025 | ₹0 | ₹102 | 0% | Neutral |
| 17-12-2025 | ₹0 | ₹102 | 0% | Neutral |
| 16-12-2025 | ₹0 | ₹102 | 0% | – |
Note: The quoted GMP is derived from unofficial market dealings and is subject to frequent variation influenced by subscription trends, demand, and prevailing sentiment.
Dachepalli Publishers IPO Reservation
The shares under this IPO are distributed among investors in the order given below:
| Investor Category | Reservation |
| Market Maker Shares Offered | 1,99,200 (5.03%) |
| QIB Shares | 18,78,000 (47.42%) |
| NII (HNI) Shares | 5,65,200 (14.27%) |
| Retail Shares | 13,17,600 (33.27%) |
| Total Shares | 39,60,000 (100.00%) |
Lot Size of Dachepalli Publishers IPO
Investors can apply for the IPO according to the lot sizes mentioned below:
| Investor Type | Lots | Shares | Amount |
| Individual Investors – Retail (Minimum) | 2 | 2,400 | ₹2,44,800 |
| Individual Investors – 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 | 10,800 | ₹11,01,600 |
Dachepalli Publishers IPO Anchor Investors Details
The anchor investor details for the Dachepalli Publishers IPO are provided below:
| Particulars | Details |
| Anchor Bidding Opens | December 19, 2025 |
| Shares Offered | 11,25,600 (28.42%) |
| Portion Size | 60% of the QIB Portion |
| 50% shares under lock-in for 30 days till | January 25, 2026 |
| Leftover shares under lock-in for 90 days till | March 26, 2026 |
Dachepalli Publishers IPO Prospectus
Additional information related to this IPO is available in the documents below:
| Draft Red Herring Prospectus (DRHP) | |
| Red Herring Prospectus (RHP) | |
| Anchor Investors | – |
| Final Prospectus | Not Disclosed |
About Dachepalli Publishers
Dachepalli Publishers Limited came into existence in 1998 and operates out of Hyderabad, Telangana. Its work centres on school education, with a focus on developing textbooks and academic material for CBSE, ICSE, and State Board curricula across the K–12 segment. The company is led by Vinod Kumar Dachepalli, along with other members of the promoter group- Manjula Dachepalli, Rushikesh Dachepally, Abhinav Dachepally, and Harish Kumar Dachepalli.
Over time, the company has built a catalogue of more than 600 titles under various in-house imprints, supported by classroom-oriented digital tools used by schools. It operates in a competitive publishing environment alongside players such as Chetana Education Limited and S Chand and Company Limited.
| Issue Registrar | Bigshare Services Pvt.Ltd. |
| Lead Manager | Synfinx Capital Pvt.Ltd. |
Objectives of the IPO
The IPO proceeds are intended to be used for the given objectives:
| S. No. | Particulars | Amount (in ₹ lakh) |
| 1 | Working capital requirements | 2,500 |
| 2 | Pre-payment/Repayment of loan | 600 |
| 3 | General corporate purposes | – |
Strength Of Dachepalli Publishers
The given strengths support the company’s performance and help sustain its position in the education publishing market.
1. Legacy and Trust
Years of continuous engagement with schools and educators have shaped stable working relationships. Familiarity built over time has translated into trust across its distribution and institutional network.
2. Digital Integration
Technology is used selectively across learning stages in line with NEP and NCF guidelines. Digital tools are paired with textbooks and implemented within schools to support classroom instruction.
3. Consumer-Centric Content
Academic material for CBSE, ICSE, and State Boards is developed through a structured review process, with emphasis on practical application and classroom relevance.
4. Integrated Printing and Supply
In-house printing enables closer oversight of quality, cost control, and delivery timelines, especially during peak academic periods.
Risk of Dachepalli Publishers
These risks are worth weighing before taking an investment view on the company.
1. Regulatory and Curriculum Changes
School syllabi and education policies do not remain fixed. When changes occur, learning material may need revision within short timeframes, which can increase costs.
2. Seasonality of Revenue
Sales are not evenly spread through the year. Activity peaks around the academic cycle, so any disruption during this period can affect cash inflows.
3. Digital Piracy and Content Protection
Greater use of digital formats increases the possibility of unauthorised sharing or copying, which may reduce effective revenue generation.
4. Raw Material and Printing Costs
Paper and printing inputs are price-sensitive. Sudden cost increases, especially during high-demand seasons, can impact margins.
Dachepalli Publishers IPO Review
Dachepalli Publishers IPO gives investors an opportunity in the education publishing segment, backed by improving profitability and stable revenues. Its legacy presence, digital integration, and in-house printing support operations, while risks include policy changes, seasonality, and input cost volatility. With a flat GMP of ₹0, the issue reflects neutral market sentiment and may suit investors with a cautious outlook.
Other Recent IPO List
If this IPO blog was informative, why not go through some others:
| Global Ocean Logistics India IPO | Phytochem Remedies IPO |
| Unisem Agritech IPO | KSH International IPO |
| Shyam Dhani Industries IPO | Prodocs Solutions IPO |
| K. V. Toys India IPO | Neptune Logitek IPO |
Dachepalli Publishers IPO FAQs
Dachepalli Publishers IPO is a book-built SME IPO worth ₹40.39 crore, comprising an entirely fresh issue of 39,60,000 shares, and will be listed on the BSE SME platform.
Investors can apply through ASBA or UPI using their bank or trading app by selecting the IPO, entering bid details, and confirming the UPI mandate before the cut-off time.
The IPO reflects improving financials and operational integration, but a neutral GMP and industry risks suggest a cautious, fundamentals-driven approach for investors.
With a GMP of ₹0, the IPO currently indicates no listing premium, and returns will depend on subscription demand and post-listing market performance.
The IPO opens for subscription on Monday, December 22, 2025, and closes on Wednesday, December 24, 2025.
The lot size is 1,200 shares. Retail investors must apply for a minimum of 2 lots (2,400 shares) amounting to ₹2,44,800 at the upper price band.
The allotment is expected to be finalised on Friday, December 26, 2025.
The IPO is tentatively scheduled to list on BSE SME on Tuesday, December 30, 2025.
