Dachepalli Publishers: Why the Allotment is a Value Win | The IPO List

The allotment for Dachepalli Publishers SME IPO has been finalized today, December 26, 2025, on the Bigshare Services portal. Unlike the high-velocity tech issues, Dachepalli saw a more grounded subscription of 1.85x. While this might seem "low" in the current environment, it actually provides a much higher probability of allotment for retail investors who are looking for long-term dividends and stability in the educational publishing sector.\n\nPriced at ₹102, the company is a leading provider of textbooks for the K-12 segment in Telangana and Andhra Pradesh. Their unique "Hybrid Learning" model—integrating digital QR codes into physical books—has protected their market share against purely digital ed-tech platforms. The IPO proceeds will fund a new automated printing unit, which is expected to increase their self-publishing capacity by 40% in 2026.\n\nThe Grey Market Premium (GMP) for Dachepalli is currently a modest ₹2, suggesting a "flat" listing on December 30. For value investors, a flat listing is often a blessing as it allows for further accumulation without paying a "hype premium." The company’s low debt-to-equity ratio and consistent 15% revenue growth make it a defensive pick in a portfolio dominated by high-risk tech stocks.\n\nOne challenge for the publisher is the rising cost of paper, which has seen 10-12% inflation this year. However, Dachepalli’s ability to pass on these costs to schools through their long-term supply contracts provides a margin safety net. As the New Education Policy (NEP) 2020 gets fully implemented, the demand for updated curriculum books is expected to see a multi-year surge.\n\nIn conclusion, Dachepalli Publishers is a "Slow and Steady" play. Investors who received an allotment should not be worried by the lack of listing-day fireworks. The real value will be unlocked as the company expands its national footprint into North India in 2026. Keep this stock in your long-term "Education" bucket.