Elevate Campuses
30 Sep '26MAINBOARD
Min. Investment
₹14,063
Issue size
₹2100 Cr
GMP
Locked
Overall subscription: 1.72x
Check allotment status
Expert verdict
IPO dates
23 Sep
Opening
25 Sep
Closing
28 Sep
Allotment
30 Sep
Listing
*Refunds will be initiated on 29 Sep '26
IPO quota
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 41 | ₹14,842 |
| HNI (Min) | 14 | 574 | ₹2,07,788 |
Subscription (as on 12 October 2026, 06:00 PM)
Overall1.72x
Qualified institutional buyers
Non-Institutional Buyers
Retail Investors
Employee
About company
Founded: 2005|MD: Narasimha Jayakumar
- Elevate Campuses is an education infrastructure company that owns, operates, and manages on-campus student accommodation across higher education institutions (HEIs) and owns K-12 education assets.
- Its student accommodation business operates under the “Good Host Spaces” and “ScholarZ” brands. As of March 31, 2026, its owned portfolio comprised seven student accommodation campuses with 20,368 beds across six Indian cities and two K-12 assets in Dubai, UAE. Its managed portfolio comprised 14 student accommodation campuses with 55,487 beds under management.
- The company also provides community and campus technology services for its managed portfolio, including media coverage of HEIs and organising community events. Overall, its portfolio had the capacity to cater to 80,255 students and was present across 15 cities in India and one city in the UAE as of March 31, 2026. The company’s operations include deal sourcing, site selection, development, asset acquisition, asset repositioning, and community engagement.
Issue Details & Objective
Lot size
41 Shares
Price band
₹343 to 362
Face value
₹1 per share
Financials
IPO reservation
Anchor investor - 45.00%
QIB - 30.00%
HNI - 15.00%
Retail - 10.00%
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Our SEBI-registered investment advisors give out verdicts for each IPO. You can refer to their expert verdict at the top of this page. Please note that these verdicts are for informational purposes only and should not be construed as investment advice. Markets are subject to risk, and investors should exercise their own discretion and diligence.
The issue size of Elevate Campuses IPO is ₹2100 Cr
The Elevate Campuses IPO will be open for applications from 23 Sep '26 to 25 Sep '26
The lot size of Elevate Campuses IPO is 41 Shares and its minimum investment amount is ₹14,063.
