Dachepalli Publishers IPO: Date, Price Band, GMP & Detailed Review
Dachepalli Publishers Limited is an established Hyderabad-based educational publishing house catering to the K-12 segment. Founded in 1998 but carrying a family legacy dating back to 1908, the company is launching its ₹40.39 crore SME IPO on the BSE SME platform.
Dachepalli Publishers IPO – Full IPO Summary
- IPO Opening Date: 22 December 2025
- IPO Closing Date: 24 December 2025
- Price Band: ₹100 – ₹102 per share
- Issue Size: ~₹40.39 crore (fresh issue)
- Total Shares Offered: 3,960,000 equity shares
- Face Value: ₹10 per share
- Lot Size: 1,200 shares
- Minimum Retail Investment: ~₹1,22,400 at lower band
- Listing Exchange: BSE SME
- Allotment Date: 26 Dec 2025
- Refunds & Demat Credit: 29 Dec 2025
- Listing Date (Tentative): 30 Dec 2025
The IPO is a book-built issue and aims to raise capital primarily through a fresh issue without an offer for sale.
Company Background
Dachepalli Publishers Limited is a Hyderabad-based educational publishing company established in 1998, operating in the K–12 education segment across CBSE, ICSE, and various State Board curricula.
The company produces and distributes textbooks, reference materials, and academic support content under multiple brands including Apple Book Company, Orange Leaf Publishers, Pelican Publishing House, Sangam Publishing House, and School Book Company.
It also provides multilingual educational content spanning core subjects such as English, Hindi, Mathematics, Science, Social Studies, Computer Science, Value Education, and regional languages.
Dachepalli operates in 10 states and Union Territories supported by a 300+ dealer distribution network and a centralized warehouse in Hyderabad.
Financial Performance
| Fiscal Year | Revenue (₹ Cr) | Profit After Tax (₹ Cr) |
|---|---|---|
| FY 2023 | ~₹45.26 | ~₹0.47 |
| FY 2024 | ~₹50.90 | ~₹3.32 |
| FY 2025 | ~₹64.25 | ~₹7.56 |
| Sep 2025 (H1) | ~₹40.36 | ~₹7.62 |
Recent financials show strong revenue growth and expanding profitability, indicating operational scaling in India’s educational book market.
IPO Price Band and Structure
- Price Band: ₹100 – ₹102 per share
- Fresh Issue: ~₹40.39 Cr
- All Shares Offered: Entirely fresh (no offer for sale)
Allocation Quota (Approximate)
- QIB (incl. Anchor portion): ~50%
- Retail: ~35%
- Non-Institutional Investors: ~15%
GMP (Grey Market Premium) Status
As of the latest available data, there is no widely reported or established GMP (Grey Market Premium) for the Dachepalli Publishers IPO — meaning unofficial grey market pricing has not shown a premium or deficit yet.
📌 Note: Grey market premiums often develop closer to IPO closing or after subscription trends become clear.
IPO Analysis – Strengths, Weaknesses & Risks
Key Strengths
- Consistent Financial Growth: Revenue and profits have grown significantly over the past three years.
- Focused K–12 Publishing Segment: Targeted niche with steady demand for educational materials.
- Established Distribution Network: 300+ dealer network supports penetration across multiple states.
- Integrated Supply Chain: Centralized printing and distribution help with cost control and quality.
- Experienced Promoter Leadership: A promoter team with decades of experience in education content.
Potential Risks & Challenges
- SME Listing Risks: SME stocks typically have lower liquidity and higher volatility than mainboard stocks.
- Sector Competition: Educational publishing faces competition from large incumbents and digital content platforms.
- High Minimum Investment: Retail investors need a considerable capital outlay due to lot size.
- Debt and Working Capital Pressure: Use of IPO proceeds includes working capital support, which suggests capital needs for operational cycle.
Use of IPO Proceeds
The company plans to use IPO funds for:
- Working capital requirements (~₹25 Cr)
- Repayment of borrowings (~₹6 Cr)
- General corporate purposes
This mix aims to strengthen the balance sheet while supporting growth initiatives.
Investment Insights
Short-Term Perspective
- Listing Gains Potential: With SME IPOs, listing gains are less predictable due to limited liquidity.
- GMP Signals: Currently no significant GMP, so traders may watch subscription data before market positioning.
Long-Term Perspective
- Fundamentals: The strong growth trend and expanding profitability support a longer horizon view — especially if the company scales distribution and digital content offerings.
- Education Sector Tailwinds: Steady demand for curriculum materials can offer stability if competition remains manageable.
Advisory Note
Always consider personal risk tolerance, portfolio allocation, and consult financial advisors before applying to any IPO.
Conclusion
The Dachepalli Publishers IPO presents a growth play in India’s education content publishing sector, backed by credible financial growth, a multi-state distribution network, and a clear use of proceeds strategy. With a price band of ₹100–102 and a BSE SME listing, it offers investors an opportunity to participate in a niche educational business — though liquidity and SME market dynamics should be weighed carefully.
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. Investment decisions should be based on individual research and consultation with qualified advisors.
