Elevate Campuses IPO Listing Details
| Listing Date | 30th September, 2026 |
| BSE Code | 544945 |
| NSE Code | ELEVATE |
| ISIN Code | INE147X01013 |
| Offer Price | ₹343 to ₹362 |
| Face Value | ₹1 |
| Listing Price | ₹355.10 |
Elevate Campuses IPO Details
Elevate Campuses received SEBI approval for an IPO of ₹2100 crores via a fresh issue with a face value of ₹1 each. Elevate Campuses’ IPO price band is ₹343 to ₹362 per share.
How many shares did investors receive in this IPO?
- The retail minimum category got 41 shares in 1 lot size, and the retail maximum got 533 shares in 13 lot sizes.
- S-HNI Minimum category consisted of 574 shares in 14 lot sizes.
- S-HNI Maximum category had 2747 shares in 67 lot sizes.
- B-HNI Minimum category received 2788 shares in 68 lot sizes.
To invest in the Elevate Campuses IPO, each investor category has specific investment amounts:
- Retail Investors: Minimum investment of ₹14,842.
- Retail Investors: Maximum investment of ₹1,92,946.
- S-HNI Minimum: investment of ₹2,07,788.
- S-HNI Maximum: investment of ₹9,94,414.
- B-HNI Minimum: Investment of ₹10,09,256.
Object to 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, availed by the Company and certain of our Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, through investment in such Subsidiaries.
- Funding inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes.
Elevate Campuses IPO Subscription Duration
Elevate Campuses IPO subscription started on September 23, 2026, and closed on September 25, 2026. The Elevate Campuses IPO allotment date was September 28, 2026, and the refund will be received on September 29, 2026. The Elevate Campuses IPO listing is on September 30, 2026.
About the Elevate Campuses Company
Incorporated in 2005, Elevate Campuses is an education infrastructure firm that owns, operates, and manages on-campus student accommodation for higher education institutions (HEIs). Moreover, Elevate Campuses works with educational institutions, including Manipal Academy of Higher Education, Manipal University, Jaipur, and Meraki Education, to provide accommodation for higher education institutions (HEIs) and own K-12 school assets.
The firm operates under two brands: Good Host Spaces and ScholarZ. Its product portfolio includes 7 owned student accommodation campuses with 20,368 beds across six Indian cities and 14 managed campuses with 55,487 beds.