Hyderabad-based Dachepalli Publishers on Sunday said it has collected a little over ₹11.48 crore from anchor investors, a day ahead before the opening of its initial public offering (IPO).
The company has allotted more than 11.25 lakh equity shares at an anchor investor price of ₹102 per equity share to five entities, INTI Capital VCC, Rajasthan Global Securities, Saint Capital Fund, Unicorn Fund and LRSD Securities, aggregating to ₹11.48 crore, the company said in a statement.
The ₹40.39 crore IPO will open for public subscription on December 22 and close on December 24. The company's shares are proposed to be listed on the BSE SME, it added.
1 December 2025
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It has fixed a price band at ₹100-102 per share.
The public issue is entirely a fresh issue of 39.60 lakh equity shares, aggregating to ₹40.39 crore at the upper end of the price band.
The net proceeds from the fresh issue to the tune of ₹25 crore will be used to part finance the requirement of working capital, funds worth ₹6 crore will be used for repayment of debt and general corporate purposes.
Dachepalli Publishers Ltd is engaged in publishing educational content-based books for K-12 segment across CBSE, ICSE, and state boards.
Synfinx Capital Pvt Ltd is the sole book-running lead manager for the IPO.
