Decoding the Dachepalli Publishers IPO: Your Comprehensive Guide for Publiclisting.in

Dachepalli Publishers Limited is a significant player in the Indian educational publishing sector. Their core business revolves around creating and distributing curriculum-aligned educational materials designed for school and college levels.

Key Business Highlights:

• Focus on educational content: Textbooks, reference materials, and academic aids.
• Extensive Portfolio: As of 2025, the company boasts over 600 titles under six recognized brands, including Apple Book and Pelican Publishing House.
• Market Reach: Operates across 10 states and union territories, supported by a distribution network comprising 300 dealers and distributors.
• Sales Volume: Successfully sold over 4 million books in the fiscal year 2025.

Competitive Edge:

The company emphasizes several strengths that position it well in the competitive K-12 segment:

• Proven industry presence and established trust.
• Commitment to integrating modern learning frameworks like NEP 2020.
• In-house capabilities for content development and printing.
• A consumer-focused approach to educational material creation.

This Bookbuilding IPO is entirely a fresh issue aimed at raising capital for future growth and operational needs.

The subscription window is brief, requiring interested investors to be prepared with their application strategies.

Note on Application Cut-off: Investors using the UPI mandate system must confirm their application by 5 PM on the closing day, Wednesday, December 24, 2025.

Understanding the lot size is crucial for calculating the minimum investment required, especially for retail participants.

The lot size for this SME IPO is fixed at 1,200 shares. Retail investors must apply for a minimum of 2 lots.

The IPO allocation is divided across various investor segments, with significant portions reserved for QIBs and Retail Individual Investors (RIIs).

Anchor investors have been allocated a substantial 28.42% of the total shares prior to the main subscription opening.

Analyzing the company’s financials from the Restated Statements reveals a strong trajectory in profitability.

Revenue and Profit Growth:

Between the fiscal year ending March 31, 2024, and March 31, 2025, the company demonstrated significant momentum:

• Revenue saw an increase of approximately 26%.
• Profit After Tax (PAT) grew substantially by 128% during the same period.

Balance Sheet & Profitability Indicators (As of March 31, 2025):

Earnings and Valuation Comparison:

Shareholding Structure:

• Pre-Issue Promoter Holding: 88.07%
• Post-Issue Promoter Holding: 64.78% (Dilution due to fresh issue)

The promoters include Mr. Vinod Kumar Dachepalli, Mr. Rushikesh Dachepally, Mrs. Manjula Dachepalli, Mr. Harish Kumar Dachepalli, and Mr. Abhinav Dachepally.

The capital raised through this public offering is earmarked for specific strategic purposes designed to strengthen the company's foundation and operational capacity.

The successful execution of the IPO relies on specialized financial and administrative partners.

Book Running Lead Manager:

Synfinx Capital Pvt.Ltd. is managing the offering.

Registrar and Market Maker:

• Registrar: Bigshare Services Pvt.Ltd. They handle administrative tasks like allotment processing and refunds. Contact details include phone: +91-22-6263 8200 and email: ipo@bigshareonline.com.
• Market Maker: JSK Securities & Services Pvt.Ltd. has been appointed to maintain liquidity for the shares post-listing on the SME exchange.

A balanced view requires assessing internal capabilities and external factors affecting the business.

Strengths (Internal Positives)

• Strong foothold and trust built over years in the education publishing space.
• Robust in-house capabilities for developing content and managing printing operations.
• Modern approach, aligning content with current educational frameworks.

Weaknesses (Internal Limitations)

• High pre-issue promoter holding suggests significant dilution post-IPO.
• Reliance on physical distribution networks which can be subject to logistical friction.

Opportunities (External Favorable Factors)

• Growing demand for high-quality, curriculum-aligned educational materials across India.
• Potential for increased penetration in untapped regional markets.
• Leveraging digital formats to supplement existing print sales.

Threats (External Challenges)

• Intense competition from established national publishers and new digital education platforms.
• Regulatory changes in the education sector could necessitate rapid content overhaul.

The Dachepalli Publishers IPO presents an opportunity to invest in an established entity within the critical education sector, evidenced by strong recent financial growth—particularly the significant PAT jump.

The primary objectives of the IPO—funding working capital and reducing debt—suggest a focus on operational efficiency and balance sheet strengthening. For those looking at SME listings, it is vital to monitor the subscription status closely, as SME IPOs often see high retail interest. Prospective investors should weigh the company's established market presence against the inherent risks associated with SME listings before committing capital.