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.

When is the Elevate Campuses IPO allotment date?

The basis of allotment for Elevate Campuses IPO is scheduled to be finalized on 28 Sep 2026.

Where can I check Elevate Campuses IPO allotment status?

You can check your allotment status on the official registrar portal (Kfin Technologies Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 29 Sep 2026.

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 Live GMP Live Subscription Allotment Status

Official Registrar Verification

Elevate Campuses Allotment Status

Designated Registrar: Kfin Technologies Limited

Check on Registrar BSE Portal

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

How to Check Elevate Campuses IPO Allotment Status

Click the Check on Registrar button above to visit Kfin Technologies Limited's allotment portal.
Select Elevate Campuses from the dropdown company list.
Choose your lookup mode: PAN Number, Application Number, or DP Client ID.
Enter your details accurately and solve the Captcha code.
Click Submit / Search to view the number of shares applied and allotted to you.

About Elevate Campuses Public Issue & Market Profile

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.

Public Issue & Allotment Procedure:

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.

Official Allotment Timelines & Registrar Guidance:

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.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

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.

How will I receive the refund if I don't get allotment?

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.