Minimum Investment
₹14,842
Price Range
₹343 to ₹362
Lot Size
41 shares
Issue Size
₹2,100 Cr
About the Company
Incorporated in 2005, Elevate Campuses Ltd. owns, operates, and manages on-campus student accommodation across higher education institutions (HEIs) and K-12 assets. As of August 31, 2025, the company’s capacity caters to 94,758 students across 20 cities in India and one city in the United Arab Emirates. Its student accommodation business operates under the brands “Good Host Spaces” and “ScholarZ.”
Bookbuilding IPO
IPO Objectives
- Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses;
- Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable of availed by our Company and certain of our Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, throug
- Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes,
Important Dates
| Bid/Offer Opens On | 23-09-2026 |
| Bid/Offer Closes On | 25-09-2026 |
| Finalisation of Basis of Allotment | 28-09-2026 |
| Initiation of Refunds | 29-09-2026 |
| Credit of Shares to Demat | 29-09-2026 |
| IPO Listing Date | 30-09-2026 |
IPO Subscription Status
| Category | Offered Shares | Applied Shares | Times |
|---|---|---|---|
| QIB | 17,403,315 | 46,316,552 | 2.66x |
| NII | 8,701,657 | 7,758,512 | 0.89x |
| NII ( >10 lakh) | 5,801,105 | 5,061,450 | 0.87x |
| NII ( <10 lakh) | 2,900,552 | 2,697,062 | 0.93x |
| Retail | 5,801,105 | 6,211,705 | 1.07x |
| Total | 31,906,077 | 60,286,769 | 1.89x |
Frequently asked questions
What is the Elevate Campuses IPO lot size?
The lot size is 41 shares with a minimum investment of ₹14,842.
When does the Elevate Campuses IPO open and close?
Bidding is scheduled from 23-09-2026 to 25-09-2026 (subject to exchange updates).
How can I apply for the Elevate Campuses IPO?
You can apply via the IPO Focuss - Ambica Finstock LLP mobile app during the bidding window using UPI or ASBA as available for this issue.
What is the Elevate Campuses IPO listing date?
Shares are expected to list on 30-09-2026 (tentative; confirm from RHP / exchange notices).
Grey Market Premium (GMP)
Registrar
Kfin Technologies Ltd.
Lead Managers
- JM Financial Ltd.
- IIFL Capital Services Ltd.
- Morgan Stanley India Co.Pvt.Ltd.
Company Promoters
- Genius Bidco Holdings Pte. Ltd. and Genius Rajkot Investment Holdings Pte. Ltd. are the company promoters.\r\n
