
Industrial & Financial Services · NSE / BSE
Elevate Campuses is filing offer documents for an Initial Public Offering on NSE_BSE.
Price Band
₹343 – ₹362
Issue Size
₹5801.10 L Cr
Lot Size
41 shares
GMP
Est. Listing
₹362
at current GMP
Subscribed
1.89x
overall
Open
23 Sep 2026
Close
25 Sep 2026
Allotment
28 Sep 2026
Refund
29 Sep 2026
Demat Credit
30 Sep 2026
Listing
30 Sep 2026
Overall Subscription
1.89x
Total Demand
QIB Multiplier
2.66x
Institutions & Funds
NII / HNI
0.89x
High Net-Worth
Retail (RII)
1.07x
Individual Bidders
Live bidding breakdown by institutional, non-institutional, and retail investors
| Category | Shares Offered | Shares Applied / Bid | Times Subscribed |
|---|---|---|---|
| QIB | 17,403,315 | 46,316,552 | 2.66x |
| NIB | 8,701,657 | 7,758,512 | 0.89x |
| HNIs(10L +) | 5,801,105 | 5,061,450 | 0.87x |
| HNIs (2-10L) | 2,900,552 | 2,697,062 | 0.93x |
| RETAIL | 5,801,105 | 6,211,705 | 1.07x |
| Total | 40,607,734 | 68,045,281 | 1.89x |
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| HNIs(10L +) | 10,106 | 680 | 0.07x |
| HNIs (2-10L) | 5,053 | 3,350 | 0.66x |
| RETAIL | 141,490 | 77,188 | 0.55x |
| Total Applications | 156,649 | 81,218 | 0.52x |
Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.
Elevate Campuses is bringing an initial public offering (IPO) in the Industrial & Financial Services sector with an aggregate issue size of ₹5,80,11,049 Crores. The shares are offered at a price band of ₹343 to ₹362 per equity share on NSE and BSE. Currently, grey market participants and retail investors are watching the bidding trend, premium movement, and anchor book demand with keen interest.
Prospective investors can apply in the retail quota with a minimum of 1 lot comprising 41 shares (approx. ₹14,842 minimum investment). High net-worth individuals (HNI/NII) can bid in the sHNI (₹2 Lakh to ₹10 Lakh) or bHNI (above ₹10 Lakh) categories for enhanced quota allocation.
Allotment reconciliation will be managed by Kfin Technologies Limited. Eligible allottees will receive credit of equity shares into their Demat accounts by 2026-09-30, while un-allotted funds or UPI block mandates will be released on 2026-09-29.
The Elevate Campuses IPO aggregate issue size is ₹5,80,11,049 Crores with an equity price band set at ₹343 to ₹362 per equity share. The retail lot size is 41 shares requiring a minimum capital outlay of approx. ₹14,842.
Live subscription figures are compiled real-time from the NSE and BSE bidding engines. You can track QIB, NII/HNI, and Retail category multiples directly on our dedicated live subscription page.
The basis of allotment will be published on the official registrar portal (Kfin Technologies Limited) and the BSE status verification website on or around 2026-09-28.