What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial premium over the issue price that investors pay in the unlisted market prior to official listing on NSE/BSE.

How is the estimated listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit made by selling an IPO application before allotment, irrespective of whether the application is allotted shares.

What is Subject to Sauda?

Subject to Sauda is an agreement where payment is made only if the seller receives share allotment in the IPO.

What is the price band for Elevate Campuses IPO?

The price band for Elevate Campuses IPO is set at ₹343 to ₹362 per equity share with a minimum lot size of 41 shares.

When does Elevate Campuses IPO open and close?

The Elevate Campuses IPO opens on 2026-09-23 and closes on 2026-09-25. The allotment date is 2026-09-28 and the listing date is 2026-09-30.

What is the current GMP of Elevate Campuses IPO?

The current grey market premium (GMP) for Elevate Campuses IPO is ₹0, implying an estimated listing price of ₹362 (0% gain over the upper price band).

How do I check Elevate Campuses IPO allotment status?

You can check the allotment status on the registrar's official portal (Kfin Technologies Limited) or through the BSE/NSE allotment websites once the basis of allotment is finalized.

Elevate Campuses

ListedMainboard

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

25 Sep 2026

Allotment

28 Sep 2026

Refund

29 Sep 2026

Demat Credit

30 Sep 2026

Listing

30 Sep 2026

Last updated about 8 hours ago

Overview GMP Subscription Financials IPO Details Company Promoters Objects Peers Documents Allotment FAQs

Key Highlights

•Leading player in the Indian market segment
•Price band established at ₹343 - ₹362 per equity share
•Minimum bid lot is 41 shares
•Estimated listing target of ₹362 based on current grey market activity