Dachepalli Publishers Ltd logo

Dachepalli Publishers Ltd

IPO
SMEBSEEducational Publishing
Opens
22 Dec 2025
Closes
24 Dec 2025
Listing
30 Dec 2025
Issue Size
Cr
Price Band
₹100₹102

Issue Details

Issue Size

Cr

Fresh Issue

Cr

OFS

Cr

Price Band

₹100₹102

Lot Size

1200

₹1,22,400

Face Value

₹10

Listing Price

₹81.6

Important Dates

Open Date

22 Dec 2025

Close Date

24 Dec 2025

Allotment

26 Dec 2025

Refund

29 Dec 2025

Listing

30 Dec 2025

About Company

Dachepalli Publishers Limited is engaged in the publication of educational content, including textbooks, reference books and academic materials for school and college-level curricula in India.

The company focuses on K-12 educational content catering to CBSE, ICSE and various state board curricula.

Its portfolio has over 600 titles across six prominent brands, including Apple Book, Orange Leaf Publishers, Pelican Publishing House, Sangam Publishing House and School Book Company.

The company offers both print and digital educational content to students, teachers and institutions.

It operates across 10 states and union territories in India with a wide distribution network.

In fiscal 2025, the company sold over 4 million books through its network of distributors and dealers.

Objects of the Issue

#DescriptionAmount (₹ Cr)
1To part finance the requirement of working capital.₹25
2Repayment of certain borrowings availed by the company, in part or full.₹6
3To meet general corporate purposes.₹6

Financial Performance

Share Reservations

QIB

18,78,000

Anchor

11,25,600

NII

5,65,200

Retail

13,17,600

Employee

0

Total

39,60,000

RHP Insights

AI-powered analysis from Red Herring Prospectus

AI Research

SME IPO with Pure Fresh Issue

The ₹40.39 crore IPO is entirely a fresh issue, aimed at meeting working capital needs, partial debt repayment and general corporate purposes.

Impact: Moderate

Robust Growth in Revenue and Profit

Between FY 2024 and FY 2025, total income grew by around 26% while PAT increased by 128%, indicating strong operating leverage.

Impact: High

Healthy Return Ratios with Moderate Leverage

For FY 2025, the company reported ROE of 32.12%, ROCE of 18.22%, RoNW of 27.68% and PAT margin of 11.83%, with borrowings of about ₹44 crore.

Impact: Moderate

Issue Valuation Appears Fully Priced

On FY 2025 earnings, the pre-issue P/E is 14.86x and post-issue P/E is 10.03x at the upper price band, and the issue is viewed as fully priced.

Impact: Low

Strong Position in K-12 Education Content

Focus on K-12 segment, alignment with NEP 2020 and NCF, and a broad title portfolio across multiple brands support long-term growth prospects.

Impact: High

SWOT Analysis

AI-generated strategic view

AI-generated

Strengths

  • Legacy of trust and longstanding presence in the educational publishing industry.
  • Integration of technology with NEP 2020 and NCF framework in content development.
  • Consumer-centric, curriculum-aligned educational content for K-12 segment.
  • Strong market position in K-12 education with multiple well-known brands.
  • Established in-house content development and printing capabilities.
  • Extensive sales and distribution network across multiple states.
  • Experienced management and leadership team.

Weaknesses

  • Business dependent on academic cycles and syllabus changes, leading to seasonality.
  • Issue considered fully priced based on recent financial data.
  • High reliance on physical book sales in a market with increasing digital adoption.
  • Working capital intensive operations due to inventory and receivables.

Opportunities

  • Implementation of NEP 2020 and NCF driving demand for updated curriculum content.
  • Scope to expand presence beyond current 10 states and union territories.
  • Potential growth in digital learning and hybrid content formats.
  • Increasing demand for organized, branded educational content in K-12 segment.

Threats

  • Competition from other established educational publishers and edtech players.
  • Policy and regulatory changes in education impacting curricula and demand.
  • Rising paper and printing costs affecting margins.
  • Growing adoption of purely digital learning solutions reducing demand for printed books.

Dachepalli Publishers Ltd IPO Peer Comparison

The table below shows peer comparison from DRHP/RHP.

CompanyEPS BasicEPS DilutedNAVP/E(x)RoNWFinancial statements
Dachepalli Publishers Ltd6.866.8624.827.68Consolidated
Chetana Education Ltd7.257.2538.547.5817.18Consolidated
S Chand and Company Ltd4.464.4638.5435.271.92Consolidated

Dachepalli Publishers Ltd - Documents & Links

Registrar

Bigshare Services Pvt.Ltd.

Contact: +91-22-6263 8200

ipo@bigshareonline.comWebsite

Company contact

Dachepalli Publishers Ltd

Address: Plot No. 2/B, (C.F. Area) I.D.A, Cherlapalli, Phase-II, Hyderabad, Telangana, 500051

cs@dachepalli.comhttp://www.dachepalli.com/

Lead managers

Synfinx Capital Pvt.Ltd.

Frequently Asked Questions

Common questions about Dachepalli Publishers Ltd IPO.