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Elevate Campuses Ltd. IPO

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Listed on 30 Sept at ₹355.1 (1.91% below the issue price)

What is this company? Elevate Campuses owns and runs student accommodation on college campuses.

  1. Apply · Done

    Closed 25 Sept

  2. AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary · Done

    28 Sept

  3. Refund · Done

    29 Sept

  4. Listing · Now

    30 Sept

  • Minimum money A lot is the smallest bundle of shares you can apply for. Lot size, in the glossary

    ₹14,842 for 1 lot of 41 shares

  • Price per share

    ₹343 to ₹362

  • Demand

    1.85x: about 2 people want every 1 share

Finfod Research DeskUpdated 30 Sept 2026How we check

By Finfod Research Desk

On this page12 sections
  • Status

    Listed

  • Price band

    ₹343–₹362

  • Shares in one lotA lot is the smallest bundle of shares you can apply for. Lot size, in the glossary

    41 shares

  • Minimum money

    ₹14,842 for 1 lot

  • Issue size

    ₹2,100 crore

  • Dates

    23 Sept 2026 – 25 Sept 2026

Official links

How to apply

Use UPI and ASBA. The guide covers the close, allotment, and the T+3 listing.

Open the guide

Related guides

Elevate Campuses Ltd. IPO is listed. It opens on 23 Sept 2026 and closes on 25 Sept 2026. The price band is ₹343 to ₹362. One lot is 41 shares, and the minimum amount is ₹14,842. The issue size is ₹2,100 crore, with a fresh issue of ₹2,100 crore. In FY26, total income was ₹603.39 crore and profit after tax was ₹173.76 crore. Total income was up 53.1% from ₹394.13 crore in FY25. Profit after tax was up 249.3% from ₹49.74 crore in FY25.

The total subscription for Elevate Campuses Ltd. is 1.85 times.

Elevate Campuses Ltd. listed at ₹355.1.

Elevate Campuses owns and runs student accommodation on college campuses. It also owns K-12 school buildings.

Dates

  1. Opens

    23 Sept 2026

  2. Closes

    25 Sept 2026

  3. AllotmentAllotment is the decision of who gets shares after the issue closes. Basis of allotment, in the glossary

    28 Sept 2026

  4. Refunds

    29 Sept 2026

  5. Demat credit

    29 Sept 2026

  6. Listing

    30 Sept 2026

Objects of the issue

  • 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,…
  • Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes,
  • Issue Expenses

Promoters

Genius Bidco Holdings Pte.Ltd. and Genius Rajkot Investment Holdings Pte.Ltd

Subscription

Subscribed 1.85x overall. Final, as of 25 Sept 5 pm IST.

  • Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works

    2.66x

  • Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works

    0.87x

  • Retail

    0.9x

  • Total

    1.85x

Issue structure

Fresh issue

₹2,100 crore

Reservation

Share kept for each group. The percents are the published figures.

Reservation
PartAmount
Retail10%
Large bids15%
Big funds75%

Issue

Face value
₹1
Fresh issue
₹2,100 crore
Exchanges
BSE, NSE
Registrar
Kfin Technologies Ltd.

Reservation

Retail
10%
Large bidsNII means a bid bigger than the retail limit, and not from a big institution. How allotment works
15%
Big fundsQIB means a big institution, such as a mutual fund or a bank. How allotment works
75%

Financials

₹ crore, for the last three reported years.

Total income and profit

Each chart has its own scale. Amounts are in ₹ crore.

Total income and profit after tax, in ₹ crore
YearTotal incomeProfit
FY24₹362.61 crore₹39.69 crore
FY25₹394.13 crore₹49.74 crore
FY26₹603.39 crore₹173.76 crore

Net worth

₹ crore, for each year that reports net worth.

Net worth in ₹ crore
YearNet worth
FY24₹655.77 crore
FY25₹699.78 crore
FY26₹956.29 crore
YearTotal incomePATNet worthAssetsBorrowings
FY24362.6139.69655.77——
FY25394.1349.74699.78——
FY26603.39173.76956.29——

Listing

Listing price
₹355.1
Close on listing day
₹322.95
Listing gainListing gain is how far the first traded price sits above or below the issue price. Capital gains, in the glossary
-1.91% versus ₹362

Frequently asked questions

When does this issue open?

It opens on 23 Sept 2026 and closes on 25 Sept 2026.

What is the lot size and the minimum amount?

One lot is 41 shares. The minimum amount is ₹14,842 for 1 lot.

When are allotment and listing?

Allotment is on 28 Sept 2026. Listing is on 30 Sept 2026.

What is the price band?

The price band is ₹343 to ₹362.

What is the issue size?

The issue size is ₹2,100 crore.

How many times was it subscribed?

The total subscription is 1.85 times, checked 25 Sept 2026, 5:00 pm IST.

What was the listing gain?

The listing gain against the top of the price band is -1.91%.

This page is a calendar of dates and prices. It is not a recommendation to apply.

Elevate Campuses Ltd. IPO: 23 Sept 2026, ₹343–₹362 | Finfod