Elevate Campuses Ltd IPO was priced at ₹343–₹362 per share with an issue size of ₹2,100 crore. The IPO opened on Sep 23, 2026 and closed on Sep 25, 2026, with a lot size of 41 shares and a minimum investment of ₹14,842.
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| Price Band | ₹343.00 - ₹362.00 per share |
| Lot Size | 41 shares |
| Min Investment | ₹14,842 |
| Total Issue Size | ₹2100.00 crore |
| Shares Offered | 5,80,11,049 |
| Issue Structure | Fresh Issue |
| Issue Type | Bookbuilding IPO |
| Lead Manager(s) | JM Financial Ltd., IIFL Capital Services Ltd., Morgan Stanley India Co.Pvt.Ltd. |
| Registrar | Kfin Technologies Ltd. |
| Listing At | BSE, NSE |
Issue price ₹362 · lot size 41 shares · estimated listing price ₹365 (GMP +₹3)
| Category | Lots | Shares | Investment | Value at listing | Profit |
|---|---|---|---|---|---|
| Retail (Min) | 1 | 41 | ₹14,842 | ₹14,965 | +₹123 |
| Retail (Max) | 13 | 533 | ₹1,92,946 | ₹1,94,545 | +₹1,599 |
| S-HNI (Min) | 14 | 574 | ₹2,07,788 | ₹2,09,510 | +₹1,722 |
| S-HNI (UPI limit) | 33 | 1,353 | ₹4,89,786 | ₹4,93,845 | +₹4,059 |
| S-HNI (Max) | 67 | 2,747 | ₹9,94,414 | ₹10,02,655 | +₹8,241 |
| B-HNI (Min) | 68 | 2,788 | ₹10,09,256 | ₹10,17,620 | +₹8,364 |
| Metric | Latest Reported |
|---|---|
| Total Income | ₹603.39 Cr |
| Profit After Tax | ₹173.76 Cr |
| Net Worth | ₹956.29 Cr |
| Promoter Holding (Pre-Issue) | 0% |
Elevate Campuses Ltd. is an education infrastructure company engaged in owning, operating and managing on-campus student accommodation for higher education institutions (HEIs) and owning K-12 school assets.
| Founded | 2005 |
| Headquarters | Mumbai, Maharashtra |
| Industry | Education Infrastructure |
| Website | https://www.elevatecampuses.com/ |
| Registrar | Kfin Technologies Ltd. |
| Phone | 040-79615565 |
| [email protected] |
11 answers about Elevate Campuses Ltd IPO — dates, pricing, allotment and listing.
Elevate Campuses Ltd IPO is a bookbuilding ipo of ₹2,100 crore. The issue was priced at ₹343–₹362 per share, with a lot size of 41 shares. Bidding ran from Wed, 23 Sep 2026 to Fri, 25 Sep 2026, with shares listed on BSE and NSE.
The price band was ₹343–₹362 per share.
One lot was 41 shares. Bids had to be placed in multiples of 41.
A retail investor needed at least ₹14,842 – one lot of 41 shares at ₹362, the upper end of the price band.
Elevate Campuses Ltd IPO opened on Wed, 23 Sep 2026 and closed on Fri, 25 Sep 2026.
Allotment was finalised on Mon, 28 Sep 2026.
Elevate Campuses Ltd shares were listed on Wed, 30 Sep 2026 on BSE and NSE.
The company intended to use the net proceeds towards payment of the purchase consideration for the acquisition of the k-12 entities and campuses, repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable of availed by company and certain of subsidiaries, namely ghs shoolini, ghs sonipat, souk his uae and souk nlcs uae, through investment in such subsidiaries and funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes.
JM Financial Ltd., IIFL Capital Services Ltd. and Morgan Stanley India Co.Pvt.Ltd. are the book running lead managers. Kfin Technologies Ltd is the registrar to the issue.
Category-wise demand from retail, NII and QIB bidders is on the Elevate Campuses Ltd IPO subscription page, and on the BSE and NSE websites.
From Mon, 28 Sep 2026, check the Elevate Campuses Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.