Elevate Campuses
₹14,842(41 Shares)
Minimum Investment
IPO Dates
Sep 23, 2026 – Sep 25, 2026
Price Band
₹343–362 per equity share
Issue Size
₹2100 Cr
Lot Size
41
Listing
Sep 30, 2026
Listing At
BSE, NSE
Elevate Campuses Live Subscription Details
All IPOsAll Live IPOsNII Sub-Categories
bHNI (> ₹10L)
Bids above ₹10L
sHNI (< ₹10L)
Bids ₹2L to ₹10L
Overall Subscription
Total Bids Received
1.89x
Elevate Campuses IPO Issue Details
- Issue Price
- ₹343-362 Per Equity Share
- Face Value
- ₹1 Per Equity Share
- Total Issue Size
- ₹2100 Cr
- Fresh Share
- 5,80,11,049 shares(aggregating up to ₹2100 crore)
- Listing At
- BSE, NSE
- Listing Date
- Sep 30, 2026
- Lead Manager
- JM Financial Ltd., IIFL Capital Services Ltd., Morgan Stanley India Co.Pvt.Ltd.
- Registrar
- Kfin Technologies Limited
Market Lot Details
Reservation Details
NII
87.02L
QIB
1.74Cr
Anchor
2.61Cr
Individual
58.01L
bhni
58.01L
shni
29.01L
shareholder
5.8Cr
Company Information
Elevate Campuses Ltd., incorporated in 2005, provides ownership, management, and operation services for on-campus student accommodation within higher education institutions (HEIs) and K-12 assets. As ...
Valuations
EPS (Pre-IPO)
15.72
EPS (Post-IPO)
10.31
P/E (Pre-IPO)
23.03
P/E (Post-IPO)
35.11
RoNW
18.17%
PAT Margin
28.80%
P/B Value
1.14
Market Cap
₹6,100.82 Cr.
Financial Information (₹ in Crores)
* All figures are in ₹ Crores unless otherwise stated.
Objectives of the Issue
- 1Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses
- 2Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable of availed by our Company and certain of our Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, through investment in such Subsidiaries
- 3Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes
Elevate Campuses – Promoter(s)
Contact Details
Corporate Office
Naman Midtown, Unit No. 902-906, 9th Floor, Tower B, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra - 400013.
Elevate Campuses Allotment & Registrar Details
Check AllotmentKfin Technologies Limited
Elevate Campuses IPO Documents
Lead Managers
JM Financial Ltd.
IIFL Capital Services Ltd.
Morgan Stanley India Co.Pvt.Ltd.
Frequently Asked Questions — Elevate Campuses IPO
The Elevate Campuses IPO price band is set at ₹343.00 to ₹362.00 per equity share.
The total issue size of Elevate Campuses IPO is ₹2100 Cr.
The lot size for Elevate Campuses IPO is 41 shares per lot. The minimum investment amount is approximately ₹14,842.
The Elevate Campuses IPO opens on Sep 23, 2026 and closes on Sep 25, 2026.
The basis of allotment for Elevate Campuses IPO is expected to be finalized on Sep 28, 2026.
Elevate Campuses IPO is expected to be listed on Sep 30, 2026 on BSE, NSE.
The current GMP for Elevate Campuses IPO is ₹5, suggesting an expected listing price of around ₹348.00. Note: GMP is an unofficial market indicator.
The registrar for Elevate Campuses IPO is Kfin Technologies Limited. You can contact them at citichemindia.ipo@kfintech.com.
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