
Services · NSE / BSE
Incorporated in 2005, Elevate Campuses Ltd. owns, operates, and manages on-campus student accommodation for higher education institutions and K-12 assets, with a capacity of nearly 95,000 students across multiple cities in India and one in the UAE, operating under brands like Good Host Spaces and ScholarZ. The company has both owned and managed portfolios, including student housing campuses and K-12 assets, while also offering services like campus technology, media coverage, and community event management. It partners with leading institutions and uses its integrated platform to support students throughout their academic journey, and in recent years has significantly expanded its capacity, city presence, and institutional reach through new developments and acquisitions, supported by a team of nearly 400 employees.
Price Band
₹343 – ₹362
Issue Size
₹5801.10 L Cr
Lot Size
41 shares
GMP
+1.4%
Est. Listing
₹367
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
Designated Registrar: Kfin Technologies Limited
Allotment Date
28 Sep 2026
Basis finalization
Refunds Initiate
29 Sep 2026
Mandate release
Demat Credit
30 Sep 2026
Shares in demat
Listing Debut
30 Sep 2026
Trading begins
Elevate Campuses Limited is bringing an initial public offering (IPO) in the 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, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.
The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.
Following the close of bidding on 2026-09-25, the basis of allotment is scheduled to be finalized on 2026-09-28. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Kfin Technologies Limited) or the BSE allotment checking window.
Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.
Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.