{"id":262508,"date":"2026-09-23T08:43:55","date_gmt":"2026-09-23T03:13:55","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=262508"},"modified":"2026-09-23T08:43:55","modified_gmt":"2026-09-23T03:13:55","slug":"elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/","title":{"rendered":"Elevate Campuses IPO Day 1: Subscription Opens Today, 23 September 2026"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Elevate Campuses IPO opens today, 23 Sep 2026, closes 25 Sep 2026. Price band Rs 343-362. Lot size 41 shares. Entirely fresh issue worth Rs 2,100cr.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Elevate Campuses IPO opens for subscription today, 23 September 2026, and will remain open until 25 September 2026. Elevate Campuses Limited, formerly Good Host Spaces Limited, is an education infrastructure platform that owns and operates on-campus student accommodation under the Good Host Spaces and ScholarZ brands alongside K-12 school assets, and is raising about Rs 2,100 crore entirely through a fresh issue. The price band is set at Rs 343 to Rs 362 per share, with a lot size of 41 shares, and the shares are proposed to list on both NSE and BSE. Since bidding has only just opened, subscription figures will start reflecting real demand as the day progresses, so investors should track the live numbers through the session before deciding.<\/p>\n<\/p><\/div>\n<p>Elevate Campuses Limited, incorporated in 2005, has opened its IPO for subscription today, 23 September 2026. The Elevate Campuses IPO is a mainboard, book built issue worth about Rs 2,100 crore, comprising entirely a fresh issue of about 5.80 crore shares, with no offer for sale component, and will remain open for bidding until 25 September 2026. The equity shares are proposed to be listed on both NSE and BSE.<\/p>\n<p>The company owns, operates and manages on-campus student accommodation for higher education institutions under the Good Host Spaces and ScholarZ brands, alongside K-12 school assets in India and the United Arab Emirates, with 78,542 student accommodation beds as of June 2026, about 2.1 times the next largest purpose-built student accommodation operator in India per a CBRE report. The fresh issue proceeds of the Elevate Campuses IPO are earmarked mainly for acquiring K-12 entities and campuses from fellow subsidiaries of its promoters, alongside debt repayment and general corporate purposes.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=elevate-campuses-ipo-day1\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#Elevate_Campuses_IPO_Details\" title=\"Elevate Campuses IPO Details\">Elevate Campuses IPO Details<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#Elevate_Campuses_IPO_Quick_Facts\" title=\"Elevate Campuses IPO Quick Facts\">Elevate Campuses IPO Quick Facts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#Elevate_Campuses_IPO_Subscription_Status_Day_1\" title=\"Elevate Campuses IPO Subscription Status Day 1\">Elevate Campuses IPO Subscription Status Day 1<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#How_to_Apply_for_the_Elevate_Campuses_IPO\" title=\"How to Apply for the Elevate Campuses IPO\">How to Apply for the Elevate Campuses IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#About_Elevate_Campuses_Limited\" title=\"About Elevate Campuses Limited\">About Elevate Campuses Limited<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#FAQs\" title=\"FAQs\">FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_Elevate_Campuses_IPO_subscription_status_on_Day_1\" title=\"What is the Elevate Campuses IPO subscription status on Day 1?\">What is the Elevate Campuses IPO subscription status on Day 1?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#When_does_the_Elevate_Campuses_IPO_open_and_close\" title=\"When does the Elevate Campuses IPO open and close?\">When does the Elevate Campuses IPO open and close?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_Elevate_Campuses_IPO_price_band_and_lot_size\" title=\"What is the Elevate Campuses IPO price band and lot size?\">What is the Elevate Campuses IPO price band and lot size?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_issue_size_and_structure_of_the_Elevate_Campuses_IPO\" title=\"What is the issue size and structure of the Elevate Campuses IPO?\">What is the issue size and structure of the Elevate Campuses IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#What_will_Elevate_Campuses_use_the_IPO_proceeds_for\" title=\"What will Elevate Campuses use the IPO proceeds for?\">What will Elevate Campuses use the IPO proceeds for?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#What_is_the_Elevate_Campuses_IPO_GMP\" title=\"What is the Elevate Campuses IPO GMP?\">What is the Elevate Campuses IPO GMP?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#How_do_I_apply_for_the_Elevate_Campuses_IPO\" title=\"How do I apply for the Elevate Campuses IPO?\">How do I apply for the Elevate Campuses IPO?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#When_will_the_Elevate_Campuses_IPO_be_allotted_and_listed\" title=\"When will the Elevate Campuses IPO be allotted and listed?\">When will the Elevate Campuses IPO be allotted and listed?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#What_does_Elevate_Campuses_Limited_do\" title=\"What does Elevate Campuses Limited do?\">What does Elevate Campuses Limited do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/elevate-campuses-initial-public-offering-day-1-subscription-23-september-2026\/#Who_is_the_registrar_and_lead_manager_for_the_Elevate_Campuses_IPO\" title=\"Who is the registrar and lead manager for the Elevate Campuses IPO?\">Who is the registrar and lead manager for the Elevate Campuses IPO?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Elevate_Campuses_IPO_Details\"><\/span><strong>Elevate Campuses IPO Details<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets out the key parameters of the issue, including the price band, lot size and important dates.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<td><strong>Open Date<\/strong><\/td>\n<td>23 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Close Date<\/strong><\/td>\n<td>25 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Face Value<\/strong><\/td>\n<td>Rs 1 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Price Band<\/strong><\/td>\n<td>Rs 343 to Rs 362 per share<\/td>\n<\/tr>\n<tr>\n<td><strong>Lot Size<\/strong><\/td>\n<td>41 shares<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Size<\/strong><\/td>\n<td>About Rs 2,100 crore (entirely fresh issue)<\/td>\n<\/tr>\n<tr>\n<td><strong>Issue Type<\/strong><\/td>\n<td>Book Built Issue<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing At<\/strong><\/td>\n<td>NSE and BSE<\/td>\n<\/tr>\n<tr>\n<td><strong>Allotment Date<\/strong><\/td>\n<td>28 September 2026<\/td>\n<\/tr>\n<tr>\n<td><strong>Listing Date<\/strong><\/td>\n<td>30 September 2026<\/td>\n<\/tr>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Elevate_Campuses_IPO_Quick_Facts\"><\/span><strong>Elevate Campuses IPO Quick Facts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Particulars<\/th>\n<th>Snapshot<\/th>\n<\/tr>\n<tr>\n<td>Minimum retail investment<\/td>\n<td>Rs 14,842 (1 lot, 41 shares)<\/td>\n<\/tr>\n<tr>\n<td>Minimum sNII investment<\/td>\n<td>Rs 2,07,788 (574 shares)<\/td>\n<\/tr>\n<tr>\n<td>Minimum bNII investment<\/td>\n<td>Rs 10,09,256 (2,788 shares)<\/td>\n<\/tr>\n<tr>\n<td>Registrar<\/td>\n<td>KFin Technologies Ltd<\/td>\n<\/tr>\n<tr>\n<td>Lead Manager<\/td>\n<td>JM Financial Ltd<\/td>\n<\/tr>\n<\/table>\n<p>This snapshot is meant as a quick reference alongside the fuller details table above, so investors scanning the issue on mobile can find the essentials without scrolling through the whole page.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Elevate_Campuses_IPO_Subscription_Status_Day_1\"><\/span><strong>Elevate Campuses IPO Subscription Status Day 1<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Bidding for the issue has opened today, 23 September 2026, so the category wise numbers below will fill in as the session progresses. Given the scale of this issue, institutional bids will likely build gradually across the bidding window.<\/p>\n<table border=\"1\" cellpadding=\"6\" cellspacing=\"0\">\n<tr>\n<th>Investor Category<\/th>\n<th>Subscription Status, Day 1 (23 Sep)<\/th>\n<\/tr>\n<tr>\n<td>Qualified Institutional Buyers (QIB)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Non-Institutional Investors (NII)<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td>Retail Individual Investors<\/td>\n<td>Bidding just opened, updating through the session<\/td>\n<\/tr>\n<tr>\n<td><strong>Overall<\/strong><\/td>\n<td><strong>Bidding just opened, updating through the session<\/strong><\/td>\n<\/tr>\n<\/table>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track Subscription Status for the issue on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Apply_for_the_Elevate_Campuses_IPO\"><\/span><strong>How to Apply for the Elevate Campuses IPO<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Open a Demat and trading account with a SEBI-registered broker such as Univest if you do not already have one.<\/li>\n<li>Select the issue on your broker app or net banking platform and enter your bid quantity and price within the Rs 343 to Rs 362 band, in multiples of 41 shares.<\/li>\n<li>Submit the application through the UPI-based ASBA method, which blocks the bid amount in your bank account rather than debiting it immediately.<\/li>\n<li>Approve the UPI mandate on your phone before the daily cut off time, and remember the issue closes on 25 September.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to apply for the issue on its opening day.<\/em><\/p>\n<p>Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"About_Elevate_Campuses_Limited\"><\/span><strong>About Elevate Campuses Limited<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Elevate Campuses Limited, formerly Good Host Spaces Limited and backed by Hillhouse, owns, operates and manages on-campus student accommodation under the Good Host Spaces and ScholarZ brands and K-12 school assets across 15 Indian cities and the United Arab Emirates. The company&#8217;s owned and managed portfolio spans 78,542 student accommodation beds, ahead of the issue.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The issue has opened for bidding today, 23 September 2026, giving investors exposure to India&#8217;s largest purpose-built student accommodation platform. Investors considering the issue should study the company financials, related party acquisition plans and risk factors in the RHP on nseindia.com and bseindia.com, and apply only after independent due diligence.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Elevate_Campuses_IPO_subscription_status_on_Day_1\"><\/span><strong>What is the Elevate Campuses IPO subscription status on Day 1?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for bidding today, 23 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on NSE and BSE as the day progresses.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_does_the_Elevate_Campuses_IPO_open_and_close\"><\/span><strong>When does the Elevate Campuses IPO open and close?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue opened for subscription today, 23 September 2026, and will close on 25 September 2026, a standard three day bidding window for a mainboard issue.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Elevate_Campuses_IPO_price_band_and_lot_size\"><\/span><strong>What is the Elevate Campuses IPO price band and lot size?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue price band is Rs 343 to Rs 362 per share, with a lot size of 41 shares, taking the minimum retail investment to about Rs 14,842 at the upper price band.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_issue_size_and_structure_of_the_Elevate_Campuses_IPO\"><\/span><strong>What is the issue size and structure of the Elevate Campuses IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue is entirely a fresh issue worth about Rs 2,100 crore, comprising about 5.80 crore equity shares, with no offer for sale component.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_will_Elevate_Campuses_use_the_IPO_proceeds_for\"><\/span><strong>What will Elevate Campuses use the IPO proceeds for?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Elevate Campuses plans to use a majority of the fresh issue proceeds to acquire K-12 entities and campuses from fellow subsidiaries of its promoters, a related party transaction, alongside debt repayment and general corporate purposes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Elevate_Campuses_IPO_GMP\"><\/span><strong>What is the Elevate Campuses IPO GMP?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_apply_for_the_Elevate_Campuses_IPO\"><\/span><strong>How do I apply for the Elevate Campuses IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 41 shares and your price within the Rs 343 to Rs 362 band, then approve the UPI mandate before the daily cut off.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"When_will_the_Elevate_Campuses_IPO_be_allotted_and_listed\"><\/span><strong>When will the Elevate Campuses IPO be allotted and listed?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The issue allotment is expected to be finalised on 28 September 2026, and the shares are tentatively scheduled to list on both NSE and BSE on 30 September 2026.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Elevate_Campuses_Limited_do\"><\/span><strong>What does Elevate Campuses Limited do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Elevate Campuses Limited, formerly Good Host Spaces Limited, owns, operates and manages on-campus student accommodation for higher education institutions under the Good Host Spaces and ScholarZ brands, alongside K-12 school assets in India and the UAE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Who_is_the_registrar_and_lead_manager_for_the_Elevate_Campuses_IPO\"><\/span><strong>Who is the registrar and lead manager for the Elevate Campuses IPO?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> KFin Technologies Ltd is the registrar for the issue, and JM Financial Ltd is the book running lead manager for the issue.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the issue subscription status on Day 1?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opened for bidding today, 23 September 2026, so Day 1 category wise figures are still filling in through the trading session. Investors can track the live QIB, NII and retail numbers on NSE and BSE as the day progresses.\"}},{\"@type\":\"Question\",\"name\":\"When does the issue open and close?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue opened for subscription today, 23 September 2026, and will close on 25 September 2026, a standard three day bidding window for a mainboard issue.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue price band and lot size?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue price band is Rs 343 to Rs 362 per share, with a lot size of 41 shares, taking the minimum retail investment to about Rs 14,842 at the upper price band.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue size and structure of the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue is entirely a fresh issue worth about Rs 2,100 crore, comprising about 5.80 crore equity shares, with no offer for sale component.\"}},{\"@type\":\"Question\",\"name\":\"What will Elevate Campuses use the IPO proceeds for?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Elevate Campuses plans to use a majority of the fresh issue proceeds to acquire K-12 entities and campuses from fellow subsidiaries of its promoters, a related party transaction, alongside debt repayment and general corporate purposes.\"}},{\"@type\":\"Question\",\"name\":\"What is the issue GMP?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Grey market premium (GMP) is an unofficial, unregulated indicator for the issue that is not endorsed by SEBI, NSE, or BSE. Investors looking for indicative GMP data can go through other relevant sources, though such figures should never be the sole basis for an investment decision, especially this early in the bidding window.\"}},{\"@type\":\"Question\",\"name\":\"How do I apply for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can apply for the issue through your SEBI-registered broker or UPI-enabled banking app using the ASBA method. Select the IPO, enter your bid quantity in multiples of 41 shares and your price within the Rs 343 to Rs 362 band, then approve the UPI mandate before the daily cut off.\"}},{\"@type\":\"Question\",\"name\":\"When will the issue be allotted and listed?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"The issue allotment is expected to be finalised on 28 September 2026, and the shares are tentatively scheduled to list on both NSE and BSE on 30 September 2026.\"}},{\"@type\":\"Question\",\"name\":\"What does Elevate Campuses Limited do?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Elevate Campuses Limited, formerly Good Host Spaces Limited, owns, operates and manages on-campus student accommodation for higher education institutions under the Good Host Spaces and ScholarZ brands, alongside K-12 school assets in India and the UAE.\"}},{\"@type\":\"Question\",\"name\":\"Who is the registrar and lead manager for the issue?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"KFin Technologies Ltd is the registrar for the issue, and JM Financial Ltd is the book running lead manager for the issue.\"}}]}<\/script><\/div>\n<div class=\"article-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"Article\",\"headline\":\"The issue Day 1 Subscription Status 23 Sep 2026\",\"description\":\"The issue opens today, 23 September 2026. 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