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Dachepalli Publishers IPO opens: Check subscription status, key dates, latest GMP and other details about SME IPO

Dachepalli Publishers IPO: The ₹40.39 crore initial public offering (IPO) of Dachepalli Publishers kicked off for bidding on Monday, December 22, in a heavy week for SME offerings. Dachepalli Publishers IPO will close for bidding on Wednesday, December 24. The company, engaged in the publishing industry, has priced its IPO in the range of ₹100 to ₹102 per share.

Dachepalli Publishers IPO opens: Check subscription status, key dates, latest GMP and other details about SME IPO

Credit: Livemint

Key Highlights

  • Dachepalli Publishers IPO is entirely a fresh share sale of 0.40 crore shares, with no offer-for-sale (OFS) component.
  • This means all proceeds will be received by the company.
  • Dachepalli Publishers IPO has a lot size of 1200 shares.
  • The retail investors need at least ₹2,44,800 to apply for the share sale as they need to subscribe for at least two lots.
  • The company plans to use ₹25 crore from the funds raised for part financing the working capital needs of the company, ₹6 crore for repayment of certain borrowings by the company, and the rest for general corporate purposes.
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Sources

  1. Dachepalli Publishers IPO opens: Check subscription status, key dates, latest GMP and other details about SME IPO

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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