Dachepalli Publishers IPO- Company Analysis
Dachepalli Publishers IPO, classified under the SME IPO category, is a book-built issue worth Rs. 40.39 Cr by Dachepalli Publishers Limited, a company operating in the Indian publishing sector. The company primarily focuses on textbooks, reference books, and other academic materials that support various school and college-level curricula. Its offerings are designed to aid learning across multiple subjects and educational boards.
The company provides curriculum-aligned, high-quality, and affordably priced educational materials.
Dachepalli Publishers IPO Details
The Dachepalli Publishers IPO will open on 22 Dec 2025 and close on 24 Dec 2025. The IPO allotment is scheduled for 26 Dec 2025, while the refund initiation is expected on 29 Dec 2025.
This SME IPO of Rs. 40.39 crore consists entirely of a fresh issue of 0.40 crore shares.
The expected listing date for the Dachepalli Publishers IPO is Tuesday, 30 Dec 2025, with shares proposed to be listed on the BSE SME platform.
The price band for the Dachepalli Publishers IPO is fixed at Rs. 100 to Rs. 102.
IPO Timetable (Tentative)
| Events | Date |
| IPO Opening Date | Dec 22, 2025 |
| IPO Closing Date | Dec 24, 2025 |
| IPO Allotment Date | Dec 26, 2025 |
| Refund Initiation | Dec 29, 2025 |
| IPO Listing Date | Dec 30, 2025 |
Company Financials
(Amount in Cr)
| Particulars | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 104.34 | 92.97 | 80.01 |
| Total Income | 64.25 | 50.90 | 45.26 |
| PAT | 7.56 | 3.32 | 0.47 |
| EBITDA | 12.83 | 7.39 | 3.32 |
| Net Worth | 27.32 | 19.76 | 16.44 |
| Reserves & Surplus | 16.31 | 13.64 | 10.32 |
| Total Borrowing | 44.11 | 41.47 | 42.74 |
Cash Flows
(Amount in lac)
| Net Cash Flow | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Net Cash Flow Operating Activities | 277.56 | 549.97 | 64.47 |
| Net Cash Flow Investing Activities | -237.84 | -4.60 | -5.50 |
| Net Cash Flow Financing Activities | 93.66 | -320.95 | -97.35 |
Revenue Bifurcation
(Rs. in Lac)
(Source: RHP)
The Objective of the Issue
The company intends to utilise the Net Proceeds from the Issue for the following purposes:
- To partially finance its working capital requirements, amounting to approximately Rs. 25 Cr.
- To repay, in part or in full, certain borrowings availed by the company, amounting to approximately Rs. 6 Cr.
- General corporate purposes.
Listed Peers of Dachepalli Publishers Ltd.
| Name of the Company | Face Value (Rs.) | EPS (Rs.) | P/E Ratio (x) |
| Chetana Education Limited | 10 | 7.25 | 7.58 |
| S Chand and Company Limited | 5 | 4.46 | 35.27 |
Valuation
| KPI | Value |
| ROE | 32.12% |
| ROCE | 18.22% |
| RoNW | 27.68% |
| PAT Margin | 11.83% |
| EBITDA Margin | 19.53% |
| Price to Book Value | 4.11 |
Evaluation of P/E Ratio
Considering the period ended FY 2025, with an EPS of Rs. 6.86 from the previous year, the resulting P/E ratio stands at 14.86x.
IPO's Strengths
- Long-standing presence in the industry with a strong legacy of trust.
- Integration of technology aligned with the NCF Framework and NEP 2020.
- Customer-centric instructional and educational materials.
- Strong market position in the K–12 education segment.
IPO’s Weaknesses
- An increase in expenses or a shortage of raw materials may affect the company’s sales and profitability.
- Unexpectedly high sales returns could negatively impact financial performance.
- Risks associated with geographic concentration.
Dachepalli Publishers IPO GMP (Grey Market Premium)
Dachepalli Publishers IPO GMP stands at Rs. 0 as of 23 Dec 2025. With a price band of Rs. 100–102, this indicates that the estimated listing price of the IPO could be around Rs. 102, reflecting an expected gain/loss of 0% per share.
Dachepalli Publishers IPO Summary
| IPO Opening & Closing Date | 22 Dec, 2025 to 24 Dec, 2025 |
| Face Value | Rs. 10 per Share |
| Issue Price | Rs. 100 to Rs. 102 per Share. |
| Lot Size | 1200 Shares |
| Issue Size | 39,60,000 Shares (Rs. 40.39 Cr) |
| Offer for Sale | - |
| Fresh Issue | 39,60,000 Shares (Rs. 40.39 Cr) |
| Listing at | BSE, SME |
| Issue Type | Bookbuild issue IPO |
| Registrar | Bigshare Services Pvt. Ltd. |
IPO Lot Details
Retail investors can subscribe to a minimum of 2 lots (2,400 shares) for Rs. 2,44,800, and in multiples of 2 lots thereafter, while HNI investors can invest in a minimum of 3 lots (3,600 shares) for Rs. 3,67,200.
| Minimum Lot Investment (Retail) | 2 Lots |
| Maximum Lot Investment (Retail) | 2 Lots |
| HNI (Min) | 3 Lots |
Dachepalli Publishers IPO Allotment Status
To check the Dachepalli Publishers IPO allotment status, visit the official registrar’s website or the BSE website. Below are the links for your reference:
Using BSE Website - BSE IPO allotment status
Promoters And Management of Dachepalli Publishers Ltd.
- Mr. Vinod Kumar Dachepalli
- Mr. Rushikesh Dachepally
- Mrs. Manjula Dachepalli
- Mr. Harish Kumar Dachepalli
- Mr. Abhinav Dachepally.
| Pre-Issue Promoter Shareholding | 88.07% |
| Post-Issue Promoter Shareholding | 64.78% |
IPO Lead Managers
- Synfinx Capital Pvt. Ltd.
Dividend Policy
The company has not declared or paid any dividend in the last ten financial years.
Conclusion
With consistent revenue growth and improving profitability ratios, the Dachepalli Publishers IPO provides an opportunity to participate in India’s growing K–12 education publishing sector. Strong ROE, PAT margins, and curriculum alignment with NEP 2020 support the IPO’s valuation, which appears reasonable compared to peers. However, investors should consider risks related to cost pressures, high sales returns, and geographic concentration before investing.
