The initial public offer (IPO) of Dachepalli Publishers received bids for 11,38,800 shares as against 28,34,400 shares on offer, as per BSE data as of 17:00 hours on Monday (22 December 2025). The issue was subscribed 0.40 times.
The issue opened for bidding on Monday (22 December 2025) and it will close on Wednesday (24 December 2025). The price band of the IPO was between Rs 100 to Rs 102 per share. The minimum order quantity is 1,200 equity shares. The equity shares will list on BSE’s SME platform.
The IPO comprises fresh issue of 39,60,000 equity shares. The promoter and promoter shareholding will dilute to 73.56% from 100% Pre-IPO.
About 1,99,200 equity shares will be reserved for subscription by market maker to the issue. The net issue comprises of 37,60,800 equity shares.
The company intends to utilize the net proceeds to meet working capital requirements, repayment of certain borrowing availed by company, in part or full and for general corporate purpose.
Dachepalli Publishers (DPL) is a leading educational publishing company in India, specializing in textbooks, reference books, and academic materials for school and college curricula across multiple subjects and educational boards. As of 2025, the company offers a portfolio of over 600 titles under six prominent brands, including Apple Book, Orange Leaf Publishers, Pelican Publishing House, Sangam Publishing House, and School Book Company. Operating across 10 states and union territories with a distribution network of 300 distributors and dealers, Dachepalli Publishers focuses on delivering high-quality, affordable, and curriculum-aligned content in both print and digital formats. In fiscal 2025, the company sold over 4 million books, leveraging technology to expand its reach among students, teachers, and educational institutions, while maintaining its commitment to supporting learning and education across India. DPL’s distribution network includes over 300 distributors and dealers, bolstered by a dedicated in-house sales team of over 60 trained professionals. Its team of 205 employees, including a dedicated salesforce, is crucial to maintaining its market position and driving continuous improvement.
The company recorded revenue from operations of Rs 40.36 crore and net profit of Rs 7.61 crore for the period ended 30 September 2025.