
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
Last updated: 25 Sept 2026
Current Premium
Issue Price (Upper)
₹362
Band: ₹343 – ₹362
Estimated Listing Price
₹367
Upper price + GMP
Lot Size
41 shares
Min investment ₹14,842
Estimated Profit / Lot
₹205
41 × ₹5
Grey Market Premium trend
+₹5
▲ 0 today
Updated less than a minute ago
| Date | GMP (₹) | GMP % | Est. Listing |
|---|---|---|---|
| 27 Sep 2026 | +₹5 | 1.4% | ₹367 |
| 26 Sep 2026 | +₹5 | 1.4% | ₹367 |
| 25 Sep 2026 | +₹5 | 1.2% | ₹367 |
GMP is unofficial market data. Not a guarantee of listing performance.
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.
The latest grey market premium for Elevate Campuses Limited IPO is ₹5, which indicates an expected listing price of ₹367.
Kostak rate is the profit amount an investor earns by selling their entire IPO application in the grey market before allotment is finalized.
No. GMP is an unofficial indicator discovered between dealers outside of SEBI-regulated exchanges. Actual listing price is determined by demand-supply discovery on NSE/BSE during the pre-open auction.