Dachepalli Publishers IPO: Allotment Status & Listing Hopes

The allotment for Dachepalli Publishers SME IPO is expected to be finalized on December 26, 2025. This educational publishing firm, which caters to the K-12 segment, saw a healthy response from retail investors who are betting on the recovery of the physical textbook market post-pandemic. The issue was priced at ₹102, and the Grey Market Premium (GMP) has shown a steady uptick, currently trading at ₹5-₹10.\n\nDachepalli has built a strong brand presence in South India, particularly in the school textbook segment. Their shift toward "Hybrid Learning" modules, which combine physical books with digital QR codes for video explanations, has helped them retain their edge over purely digital competitors. The IPO funds are destined for a new automated printing facility in Hyderabad, which will reduce their reliance on third-party vendors.\n\nInvestors can check their allotment status on the registrar’s portal or the BSE website using their PAN or application number. For those who do not get the allotment, refunds will be initiated on December 29. For the lucky allottees, the shares will be credited to their demat accounts by the same evening. The listing on the BSE SME platform is scheduled for December 30, 2025.\n\nThe main challenge for Dachepalli will be the transition to the New Education Policy (NEP) 2020. This requires a complete overhaul of their content library, which can be capital-intensive. However, the management has stated that they have already completed 80% of the content transition for the core subjects. Their revenue growth of 22% in FY25 suggests that the market is responding well to their updated catalogs.\n\nIn conclusion, Dachepalli is a "Small-Cap Educational" play with a proven track record. While it may not see the 100% listing gains of a tech stock, it offers a solid business model with consistent cash flows. If the listing happens at a 10% premium, it remains a "Hold" for investors who understand the long-term cycles of the education sector. Monitor the first-hour trading volume on listing day for signs of institutional entry.