Elevate Campuses Ltd.
NSE & BSE₹343–362
₹ 1,219 Cr
41 Shares
₹ 14,063
₹1
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 5,686.33 | 3,698.11 | |
| 347.59 | 243.16 | |
| 6,033.92 | 3,941.27 | |
| 1,633.13 | 1,270.51 | |
| 2,037.62 | 796.26 | |
| 1,737.59 | 497.38 |
Subscription Details
Subscription
IPO Timeline
IPO Offer Start
23 Sept 2026
IPO Offer Ends
25 Sept 2026
30 Sept 2026
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Payment of the purchase consideration for the acquisitionof the K-12 Entities and Campuses | 11,000 |
| 2 | Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings | 7,500 |
| 3 | Funding inorganic growth through unidentified | 129.613 |
Promoters
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
Post-IPO
65.58%
Promoter stake
Offered to Public
3,36,73,468
shares
Post Share Capital
11,05,19,988
shares
IPO Registrar
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.)
About the Company
We are the largest institutionalized and independent education platform engaged in owning, operating and managing on-campus student accommodation across HEIs and owning K-12 assets in India, based on student capacity as of August 31, 2025, according to the CBRE Report. Our portfolio comprises both owned and managed assets, comprising 66,272 beds as of August 31, 2025. Our ‘Owned Portfolio’ comprises five student accommodation campuses totaling 16,934 beds (“Owned Beds”), 16 K-12 Assets (including three K-12 Assets under development and two student accommodation facilities managed by the relevant HEIs and owned by K-12 HoldCos), in eight Indian cities, and two K-12 Assets in Dubai (UAE) (“Owned Portfolio”). Our ‘Managed Portfolio’ comprises 14 student accommodation campuses, totaling 49,338 beds under management (“Managed Beds”), as on August 31, 2025 (“Managed Portfolio”). We also deliver community and campus technology services for our Managed Portfolio such as media coverage of HEIs and organizing ommunity events at the HEIs (“Community and Campus Technology Services”).
Use of Proceeds
The net proceeds of the Issue, i.e., gross proceeds of the Issue less the Issue related expenses to be borne by our Company (“Net Proceeds”), are proposed to be utilised in the following manner:1. Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses;2. Repayment 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; and3. Funding inorganic growth through unidentified acquisitions, other strategic initiatives and generalcorporate purposes
Elevate Campuses Ltd. Latest News
News
Elevate Campuses informs about disclosure
Elevate Campuses to invest around Rs 601 crore in UAE subsidiary
The company has executed a securities subscription agreement with Elevate UAE for subscription of 59,061,905 Class A OCRPS
Elevate Campuses lists at 2% discount on the BSE
The scrip is currently trading at Rs 366.00, up by 4.00 points or 1.10% from its issue price
IPO FAQs
The Elevate Campuses Ltd. IPO has a total of ₹1,219 crore, calculated at the upper end of the .
The Elevate Campuses Ltd. IPO is priced at ₹343–362 per share. bids must fall within this , against a of ₹1 per share.
The for the Elevate Campuses Ltd. IPO is 41 shares, which is also the minimum order quantity — you have to apply for at least 41 shares, and in multiples of 41 beyond that.
The minimum investment in the Elevate Campuses Ltd. IPO is about ₹14,063 — one lot of 41 shares, calculated at the lower end of the .
Bidding at the cut-off or upper price raises the amount blocked in your account.
The Elevate Campuses Ltd. opens on 23 Sept 2026 and closes on 25 Sept 2026.
Applications have to be in before 5:00 PM IST on the closing day, and your UPI mandate needs to be approved by then as well.
Elevate Campuses Ltd. shares were listed on 30 Sept 2026 on BSE and NSE.
K FIN Technologies Ltd.-(Karvy Fintech Pvt Ltd.) is the for the Elevate Campuses Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them — phone 011-23324401/43509200 and email einward.ris@kfintech.com.
Elevate Campuses Ltd. IPO shares are listed on BSE and NSE.
Each Elevate Campuses Ltd. share has a of ₹1.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Elevate Campuses Ltd. before the IPO, which falls to 65.58% after the issue.
3,36,73,468 shares of Elevate Campuses Ltd. are being offered to the public in this issue.
The Elevate Campuses Ltd. IPO has been subscribed 1.79x overall — 2.52x, 0.84x and 1.01x.
figures update through the issue period until it closes.
The net proceeds of the Issue, i.e., gross proceeds of the Issue less the Issue related expenses to be borne by our Company (“Net Proceeds”), are proposed to be utilised in the following manner:
- 1.Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses
- 2.Repayment 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
- 3.Funding inorganic growth through unidentified acquisitions, other strategic initiatives and generalcorporate purposes
JM Financial Ltd., IIFL Capital Services Ltd. and Morgan Stanley India Co Pvt Ltd are the for the Elevate Campuses Ltd. IPO.
Pre-apply means placing your Elevate Campuses Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Elevate Campuses Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Elevate Campuses Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.