Dachepalli Publishers IPO
Dachepalli Publishers Ltd. is launching a Book-Built SME IPO of Rs. 40.39 crore, entirely a fresh issue of 39,60,000 equity shares.
The IPO opens on December 22, 2025 and closes on December 24, 2025.
The allotment is expected on December 26, 2025, and the tentative listing on December 30, 2025, on BSE SME.
The price band is Rs. 100 to Rs. 102 per share.
The lot size is 1,200 shares.
As the minimum retail application requires 2 lots (2,400 shares), minimum retail investment is Rs. 2,44,800 at upper price.
Lead Manager: Synfinx Capital Pvt. Ltd.
Registrar: Bigshare Services Pvt. Ltd.
Market Maker: JSK Securities & Services Pvt. Ltd.
🕗 Last Update: 17 December 2025, 6.00 AM
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IPO Details
| Particulars | Details |
|---|---|
| IPO Dates | Dec 22, 2025 – Dec 24, 2025 |
| Listing | BSE SME |
| Face Value | Rs. 10 per share |
| Price Band | Rs. 100 to Rs. 102 |
| Lot Size | 1,200 shares |
| Issue Size | 39,60,000 shares (Rs. 40.39 Cr) |
| Fresh Issue | Entirely Fresh |
| Market Maker Portion | 1,99,200 shares (Rs. 2.03 Cr) |
| Net Offer to Public | 37,60,800 shares (Rs. 38.36 Cr) |
| Pre-Issue Shares | 1,10,16,000 |
| Post-Issue Shares | 1,49,76,000 |
| Market Cap (Pre-IPO) | Rs. 152.76 Cr |
IPO Timeline (Tentative)
| Event | Date |
|---|---|
| IPO Open | Mon, Dec 22, 2025 |
| IPO Close | Wed, Dec 24, 2025 |
| Allotment | Fri, Dec 26, 2025 |
| Refunds | Mon, Dec 29, 2025 |
| Shares in Demat | Mon, Dec 29, 2025 |
| Listing Date | Tue, Dec 30, 2025 |
| UPI Cut-off | 5 PM, Dec 24, 2025 |
Reservation Structure
| Investor Category | Shares | % |
|---|---|---|
| Market Maker | 1,99,200 | 5.03% |
| QIB | 18,78,000 | 47.42% |
| NII (HNI) | 5,65,200 | 14.27% |
| Retail | 13,17,600 | 33.27% |
| Total | 39,60,000 | 100% |
IPO Lot Size
| Category | Lots | Shares | Amount (Rs.) |
|---|---|---|---|
| Retail (Min–Max) | 2 | 2,400 | 2,44,800 |
| S-HNI (Min) | 3 | 3,600 | 3,67,200 |
| S-HNI (Max) | 8 | 9,600 | 9,79,200 |
| B-HNI (Min) | 9 | 10,800 | 11,01,600 |
Company Financials (Rs. in Crore)
| Period | 30-Sep-25 | FY25 | FY24 | FY23 |
|---|---|---|---|---|
| Assets | 101.26 | 104.34 | 92.97 | 80.01 |
| Total Income | 40.36 | 64.25 | 50.90 | 45.26 |
| PAT | 7.62 | 7.56 | 3.32 | 0.47 |
| EBITDA | 11.50 | 12.83 | 7.39 | 3.32 |
| Net Worth | 34.94 | 27.32 | 19.76 | 16.44 |
| Borrowings | 41.24 | 44.11 | 41.47 | 42.74 |
Growth Snapshot: Revenue grew 26% and PAT rose 128% in FY25 vs FY24.
Key Performance Indicators (As of FY25)
| KPI | Value |
|---|---|
| ROE | 32.12% |
| ROCE | 18.22% |
| RoNW | 27.68% |
| PAT Margin | 11.83% |
| EBITDA Margin | 19.53% |
| P/BV | 4.11 |
| EPS (Pre/Post) | Rs. 6.86 / Rs. 10.17 |
| P/E (Pre/Post) | 14.86x / 10.03x |
About the Company
Dachepalli Publishers Ltd. operates in the Indian publishing industry with a strong focus on educational content such as textbooks, reference books and academic materials for school and college curricula. The company aims to deliver curriculum-aligned and affordable content across print and digital formats, positioning itself to benefit from evolving education frameworks.
As of 2025, the company has a portfolio of 600+ titles across six brands, including Apple Book, Orange Leaf Publishers, Pelican Publishing House, Sangam Publishing House and School Book Company. The company operates across 10 states and union territories, supported by a distribution network of 300 distributors and dealers. In FY25, it sold over 4 million books.
Competitive Strengths
-
Legacy presence and trust in the education publishing space
-
Integration of technology aligned with NEP 2020 and NCF framework
-
Strong K–12 segment positioning with consumer-centric content
-
Established in-house content development and printing capabilities
-
Wide distribution reach with an experienced management team
Objects of the Issue
| S. No. | Purpose | Amount (Rs. Cr.) |
|---|---|---|
| 1 | Working capital requirements (part finance) | 25.00 |
| 2 | Repayment of borrowings (part/full) | 6.00 |
| 3 | General corporate purposes | — |
Company Contact
Dachepalli Publishers Ltd.
Lead Manager (Below Company Address):
Synfinx Capital Pvt. Ltd.
Registrar
Bigshare Services Pvt. Ltd.
📞 +91-22-6263 8200
✉️ ipo@bigshareonline.com
🌐 https://ipo.bigshareonline.com/IPO_Status.html
Chanakya IPO Review (Short)
Dachepalli Publishers has shown steady growth with FY25 revenue up 26% and PAT up 128%, supported by improving margins and a strong K–12 education positioning. The company’s 600+ title portfolio, multi-state presence and wide distributor network offer scalability, while working capital funding remains the primary use of proceeds.
Valuation comfort appears better on post-issue P/E (~10x) versus pre-issue levels, though investors should track subscription quality and listing sentiment.
Chanakya View: Suitable for medium-term investors; listing gains possible depending on demand, market mood and subscription trend.
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Disclaimer
This coverage is for informational and educational purposes. Chanakya Ni Pothi does not deal in Grey Market Premiums or recommend investments based on GMP data. Please consult your SEBI-registered investment advisor.
