Investments
Elevate Campuses IPO logo

Elevate Campuses IPO 2026

Listed
BSE, NSE Bookbuilding IPO
Issue Size

₹2,100.00 Cr

Price Band

₹343 – ₹362

Lot Size

41

shares per lot

Min Investment

₹14,842

Est. Profit / Lot

+₹267

41 shares

Listing Date

Sep 30

2026

GMP Trend

Unofficial / Indicative

Grey Market Premium is unofficial, unregulated, and does not represent a guaranteed listing price.

Latest GMP

+₹7

GMP %

+1.8%

Indicative Listing

₹369

Est. Profit/Lot

+₹267

IPO Details

Issue Information

Issue Type Bookbuilding IPO
Listing At BSE, NSE

Issue Size & Shares

Issue Size ₹2,100.00 Cr
Fresh Issue 58,011,049 shares
Total Shares 58,011,049
Face Value ₹1

Price & Investment

Price Band ₹343 – ₹362
Lot Size 41 shares
Min Investment ₹14,842
Max Investment ₹192,946
Per Lot Cost ₹14,063 – ₹14,842
Promoter Holding 100.00% → 65.58%

Important Dates

Open Date Sep 23, 2026
Close Date Sep 25, 2026
Anchor Date Sep 22, 2026
Allotment Date Sep 28, 2026
Refund Date Sep 29, 2026
Demat Credit Sep 29, 2026
Listing Date Sep 30, 2026

Listing Performance

Issue Price ₹362

IPO Timeline

Anchor Investor Bidding

Sep 22, 2026 ✓ Completed

IPO Opens

Sep 23, 2026 ✓ Completed

IPO Closes

Sep 25, 2026 ✓ Completed

Basis of Allotment

Sep 28, 2026 ✓ Completed

Refund Initiation

Sep 29, 2026 ✓ Completed

Demat Credit

Sep 29, 2026 ✓ Completed

Listing on Exchange

Sep 30, 2026 ✓ Completed

Registrar & Allotment Status

Registrar details, lead managers, and allotment status.

Registrar

Kfin Technologies Ltd.

Lead Managers

  • JM Financial Ltd.
  • IIFL Capital Services Ltd.
  • Morgan Stanley India Co.Pvt.Ltd.

Allotment Finalized

Check your allotment status on the platforms below.

Finalized

Sep 28, 2026

Subscription Details

Latest subscription data as of Day 3 · Sep 25, 2026.

Category Subscription
QIB 2.66x
NII / HNI 0.89x
Retail 1.07x
B-HNI 0.87x
S-HNI 0.90x
Total 1.04x

Subscription

Date QIBbNIIsNIINIIRetail Total Shares Offered Shares Bid Applications
Day 1 0.19x — — 0.02x 0.14x 0.21x — — —
Day 2 0.19x — — 0.07x 0.25x 0.24x — — —
Sep 25, 2026 2.66x 0.87x 0.90x 0.89x 1.07x 1.04x 58,011,049 86,587,736 82,345

Lot Size & Investment

Minimum Lot

41 shares

Minimum Investment

₹14,842

Max Investment (Retail)

₹192,946

ApplicationLotsSharesAmount
Retail (Min) 1 41 ₹14,842
Retail (Max) 13 533 ₹192,946
S-HNI (Min) 14 574 ₹207,788
S-HNI (Max) 67 2,747 ₹994,414
B-HNI (Min) 68 2,788 ₹1,009,256

Financial Highlights

Period Revenue (₹ Cr) PAT (₹ Cr) EBITDA (₹ Cr) Assets (₹ Cr) Net Worth (₹ Cr) Debt (₹ Cr)
31 mar 2026 603 174 545 5,773 956 0
31 mar 2025 394 50 256 2,421 700 0
31 mar 2024 363 40 220 2,105 656 0

Key Performance Indicators (31 mar 2026)

ROE

18.2%

ROCE

6.4%

ROA

3.0%

PAT Margin

28.8%

EBITDA Margin

90.3%

Debt/Equity

4.98

EPS (₹)

15.72

P/E Ratio

23.0

About Elevate Campuses

Elevate Campuses IPO is a book build issue of ₹2,100.00 crores. The issue is entirely a fresh issue of 5.80 crore shares of ₹2,100.00 crore.

Promoters

Genius Bidco Holdings Pte

Objectives of the Issue

Use of IPO proceeds as disclosed in the offer document.

  • 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, 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,
  • Issue Expenses

Promoter Holding

Pre-IPO Holding

100.00%

Post-IPO Holding

65.58%

Promoter dilution: 34.42%

Reservation & Allotment

Category-wise reservation of shares for this IPO.

CategoryReservation %Shares
QIB75.00%43,508,288
Anchor45.00%26,104,972
NII / HNI15.00%8,701,657
Retail10.00%5,801,104

Elevate Campuses IPO FAQs

What is Elevate Campuses IPO?

Elevate Campuses IPO is a book build issue of ₹2,100.00 crores. The issue is entirely a fresh issue of 5.80 crore shares of ₹2,100.00 crore.

What is the Elevate Campuses IPO price band?

The Elevate Campuses IPO price band is ₹343 – ₹362 per share.

When does Elevate Campuses IPO open and close?

The Elevate Campuses IPO opens on Sep 23, 2026 and closes on Sep 25, 2026.

What is the lot size and minimum investment for Elevate Campuses IPO?

The Elevate Campuses IPO lot size is 41 shares and the minimum investment is ₹14,842.

What is the Elevate Campuses IPO subscription status?

As of Day 3, the Elevate Campuses IPO is subscribed 1.04 times overall.

What is the Elevate Campuses IPO GMP today?

The latest Elevate Campuses IPO grey market premium (GMP) is ₹7 per share, which is unofficial and may change.

When is the Elevate Campuses IPO allotment date?

The expected allotment date for Elevate Campuses IPO is Sep 28, 2026.

When will Elevate Campuses IPO list?

The Elevate Campuses IPO is expected to list on Sep 30, 2026 on BSE, NSE.

Who is the registrar of Elevate Campuses IPO?

The registrar for Elevate Campuses IPO is Kfin Technologies Ltd..

Key Dates

AnchorSep 22, 2026
OpenSep 23, 2026
CloseSep 25, 2026
AllotmentSep 28, 2026
RefundSep 29, 2026
Demat CreditSep 29, 2026
ListingSep 30, 2026

Disclaimer: All information on this page is for news, educational, and research purposes only. Grey Market Premium (GMP) is unofficial, unregulated, and indicative — it does not represent a guaranteed listing price. We do not provide investment advice. Always consult a SEBI-registered investment advisor before making investment decisions.