Elevate Campuses Limited
ClosedMainboardServices · 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
₹5
+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 2 days ago
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
Category-Wise Subscription Breakup
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 | 7,753,715 | 0.89x |
| HNIs(10L +) | 5,801,105 | 5,061,450 | 0.87x |
| HNIs (2-10L) | 2,900,552 | 2,692,265 | 0.93x |
| RETAIL | 5,801,105 | 6,199,405 | 1.07x |
| Total | 40,607,734 | 68,023,387 | 1.89x |
Application-Wise Breakup
Total unique applications received across retail and HNI tranches
| Category | Applications Reserved | Applications Received | Times Subscribed |
|---|---|---|---|
| RETAIL | 141,490 | 77,018 | 0.54x |
| HNIs(10L +) | 10,106 | 680 | 0.07x |
| HNIs (2-10L) | 5,053 | 3,342 | 0.66x |
| Total Applications | 156,649 | 81,040 | 0.52x |
Day-Wise Subscription Progress
About Elevate Campuses Limited Public Issue & Market Profile
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.
Bidding & Quota Instructions:
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.
Allotment Reconciliation Schedule:
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.
Frequently Asked Questions
What is the issue size and price band for Elevate Campuses Limited IPO?
The Elevate Campuses Limited 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.
How can I check Elevate Campuses Limited IPO live subscription demand?
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.
Where will Elevate Campuses Limited IPO allotment status be published?
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.