As 2025 draws to a close, the SME IPO market continues to remain active, with companies across sectors raising funds to support expansion and working capital needs. Within this environment, education-focused businesses are also attracting attention as demand for curriculum-aligned learning material continues across India.
Against this backdrop, Dachepalli Publishers Ltd is set to open its IPO on 22 December 2025. Here is a detailed insight into Dachepalli Publishers Ltd, its IPO, business profile, and financial performance.
About Dachepalli Publishers Ltd.
Dachepalli Publishers Ltd is a company engaged in the publishing industry in India. The company primarily focuses on the publication of educational content, including textbooks, reference books, and other academic materials catering to various school and college-level curricula. Their offerings are designed to support learning across multiple subjects and educational boards.
Dachepalli Publishers aims to deliver high-quality, affordable, and curriculum-aligned educational materials. With a growing presence in both digital and print formats, the company seeks to leverage technology to expand its reach among students, teachers, and educational institutions.
As of 2025, the company’s portfolio has over 600 titles under six prominent brands: Apple Book, Orange Leaf Publishers, Pelican Publishing House, Sangam Publishing House, and School Book Company.
The company operates across 10 states and union territories in India. Its distribution network includes 300 distributors and dealers. In fiscal 2025, the company has sold over 4 million books.
Competitive Strengths
- Legacy of trust and longstanding industry presence
- Integrating technology with NEP 2020 and NCF Framework
- Consumer-centric educational content
- Strong market position in the K–12 education segment
- Established network for content development and in-house printing
- Extensive sales and distribution network
- Experienced management and leadership team
Dachepalli Publishers IPO Details
Dachepalli Publishers IPO is a book build issue of ₹40.39 crores. The issue is entirely a fresh issue of 0.40 crore shares aggregating to ₹40.39 crore.
The IPO opens for subscription on Dec 22, 2025 and closes on Dec 24, 2025. The issue will be listed on BSE SME with a tentative listing date of December 30, 2025.
Important IPO Timeline
| Event | Date |
| IPO Open Date | Mon, Dec 22, 2025 |
| IPO Close Date | Wed, Dec 24, 2025 |
| Tentative Allotment | Fri, Dec 26, 2025 |
| Initiation of Refunds | Mon, Dec 29, 2025 |
| Credit of Shares to Demat | Mon, Dec 29, 2025 |
| Tentative Listing Date | Tue, Dec 30, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Wed, Dec 24, 2025 |
Key IPO Details
| IPO Date | Mon, Dec 22, 2025 to Wed, Dec 24, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹100 to ₹102 |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 39,60,000 shares (aggregating up to ₹40.39 Cr) |
| Reserved for Market Maker | 1,99,200 shares (aggregating up to ₹2.03 Cr) JSK Securities & Services Pvt. Ltd. |
| Net Offered to Public | 37,60,800 shares (aggregating up to ₹38.36 Cr) |
| Share Holding Pre Issue | 1,10,16,000 shares |
| Share Holding Post Issue | 1,49,76,000 shares |
| Lead Manager | Synfinx Capital Pvt. Ltd. |
| Registrar | Bigshare Services Pvt. Ltd. |
| Market Maker | JSK Securities & Services Pvt. Ltd. |
Dachepalli Publishers IPO Reservation
Dachepalli Publishers IPO offers total 39,60,000 shares. The category-wise break-up is as follows:
| Investor Category | Shares Offered |
| Market Maker | 1,99,200 (5.03%) |
| QIB | 18,78,000 (47.42%) |
| NII (HNI) | 5,65,200 (14.27%) |
| Retail (RII) | 13,17,600 (33.27%) |
| Total | 39,60,000 (100.00%) |
Dachepalli Publishers IPO Lot Size
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereafter.
| Application | Lots | Shares | Amount |
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,44,800 |
| Individual investors (Retail) (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 |
Dachepalli Publishers Ltd. Financials
Dachepalli Publishers Ltd.’s revenue increased by 26% and profit after tax (PAT) rose by 128% between FY25 and FY24.
Key Company Financials (Restated) – ₹ Crore
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 101.26 | 104.34 | 92.97 | 80.01 |
| Total Income | 40.36 | 64.25 | 50.90 | 45.26 |
| Profit After Tax | 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 |
| Reserves and Surplus | 23.93 | 16.31 | 13.64 | 10.32 |
| Total Borrowing | 41.24 | 44.11 | 41.47 | 42.74 |
Key Performance Indicators (KPI)
KPI as of Mon, Mar 31, 2025:
| KPI | Values |
| ROE | 32.12% |
| ROCE | 18.22% |
| RoNW | 27.68% |
| PAT Margin | 11.83% |
| EBITDA Margin | 19.53% |
| Price to Book Value | 4.11 |
| Market Cap (Pre-IPO) | ₹152.76 Cr |
Pre IPO vs Post IPO Metrics
| Particulars | Pre IPO | Post IPO |
| EPS (₹) | 6.86 | 10.17 |
| P/E (x) | 14.86 | 10.03 |
| Promoter Holding | 88.07% | 64.78% |
Promoters of the company are Mr. Vinod Kumar Dachepalli, Mr. Rushikesh Dachepally, Mrs. Manjula Dachepalli, Mr. Harish Kumar Dachepalli and Mr. Abhinav Dachepally.
Objects of the Issue (Dachepalli Publishers IPO Objectives)
The company proposes to utilise the net proceeds from the issue towards:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
| 1 | To part finance the requirement of Working Capital | 25.00 |
| 2 | Repayment of certain borrowing availed by our Company, in part or in full | 6.00 |
| 3 | To meet the General corporate purposes | – |
Dachepalli Publishers IPO: Peer Comparison
Dachepalli Publishers IPO can be compared with peers such as S. Chand Group, NIIT Ltd, Veranda Learning Solutions Ltd, Aptech Ltd, and Shanti Educational Initiatives Ltd. These companies operate in the broader education and educational content ecosystem in India, offering published materials, learning solutions, training services, and curriculum-aligned products. Reviewing these listed education and publishing peers helps investors gauge Dachepalli Publishers’ position within the education sector and make more informed investment decisions.
Also Read:
- Gujarat Kidney & Super Speciality IPO Opens: Key Details Investors Shouldn’t Miss
- Phytochem Remedies (India) IPO Opens: Key Details Investors Shouldn’t Miss
- Shyam Dhani Industries IPO Opens: Key Details Investors Shouldn’t Miss
- Global Ocean Logistics India IPO Opens: Key Details Investors Shouldn’t Miss
- MARC Technocrats IPO Opens: Key Details Investors Shouldn’t Miss
Conclusion
Dachepalli Publishers Ltd operates in India’s educational publishing space with a portfolio of 600+ titles, presence across 10 states and union territories, and a distribution network of 300 distributors and dealers. The company has also reported growth in income and profitability in the printing and stationery sector over recent years, and the IPO proceeds are proposed to be used mainly for working capital and partial repayment of borrowings.
As the IPO is proposed to list on BSE SME, investors should factor in the typical SME characteristics, such as relatively lower liquidity and higher volatility, while evaluating the opportunity.
If you are exploring more investment opportunities, check out our dedicated page on upcoming IPO listings to stay updated on the latest market offerings.
