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Elevate Campuses IPO Profile
Elevate Campuses Limited is an education infrastructure company that owns, operates and manages on-campus student accommodation for higher education institutions (HEIs) and owns K-12 education assets. The company operates under its student accommodation platforms including Good Host Spaces and ScholarZ.
As of March 31, 2026, the company had capacity to cater to approximately 80,255 students across 15 cities in India and one city in the UAE.
Elevate Campuses IPO Details
| IPO Date | 23 to 25 Sep 2026 |
| Listing Date | 30 Sep 2026 |
| Face Value | ₹1 per share |
| Price Band | ₹343 to ₹362 |
| Lot Size | 41 Shares |
| Minimum Investment | ₹14,842 |
| Issue Size | ₹2,100 Crore |
| Fresh Issue | 5,80,11,049 Shares |
| Offer for Sale | Nil |
| Issue Type | Book Building IPO |
| Listing At | BSE, NSE |
Elevate Campuses IPO Timetable
| Event | Date |
|---|---|
| IPO Open | 23 Sep 2026 |
| IPO Close | 25 Sep 2026 |
| Allotment | 28 Sep 2026 |
| Refund | 29 Sep 2026 |
| Credit of Shares | 29 Sep 2026 |
| Listing | 30 Sep 2026 |
Elevate Campuses Company Profile
Elevate Campuses Limited is focused on education infrastructure. Its business includes owning, operating and managing student accommodation facilities associated with higher education institutions as well as owning K-12 education assets that are leased to third-party school operators.
The company provides infrastructure supporting educational institutions rather than directly operating as an education provider. Its student accommodation business operates through brands such as Good Host Spaces and ScholarZ.
The company had a capacity to cater to approximately 80,255 students as of March 31, 2026 and had presence across 15 Indian cities and one city in the UAE.
Elevate Campuses IPO Financials
Financial figures in ₹ Crore
| Particulars | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|
| Revenue | ₹362.61 Cr | ₹394.13 Cr | ₹603.39 Cr |
| Profit After Tax | ₹39.69 Cr | ₹49.74 Cr | ₹173.76 Cr |
| EBITDA | ₹220.13 Cr | ₹256.40 Cr | ₹545.00 Cr |
| Net Worth | ₹655.77 Cr | ₹699.78 Cr | ₹956.29 Cr |
Financial figures are based on reported/restated financial information available in IPO-related sources. Investors should refer to the RHP for the complete audited financial statements.
Objects of the Issue
- ₹1,100 Crore towards acquisition of K-12 entities and campuses.
- ₹750 Crore towards repayment/prepayment of certain borrowings.
- Remaining proceeds towards inorganic growth, strategic initiatives and general corporate purposes.
Elevate Campuses IPO – Strengths
- Integrated education infrastructure platform.
- Presence in student accommodation across multiple cities.
- Long-term relationships with higher education institutions.
- Diversified presence across India and the UAE.
- Asset-backed business model with student accommodation and K-12 assets.
- Revenue and profitability growth reported in FY2026.
- IPO proceeds include allocation towards debt repayment and expansion.
Elevate Campuses IPO – Risks
- Business is exposed to demand and occupancy levels in student accommodation.
- Revenue concentration from certain higher education institutions may create concentration risk.
- The company has significant borrowings and financial leverage.
- Acquisition-led expansion may involve integration and execution risks.
- Changes in education, real estate and regulatory policies may affect operations.
- Ownership and operation of education infrastructure involves property-related risks.
- Expansion across multiple locations may increase operational complexity.
Elevate Campuses IPO Allotment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 41 | ₹14,842 |
| Retail (Max) | 13 | 533 | ₹1,92,946 |
| S-HNI (Min) | 14 | 574 | ₹2,07,788 |
| B-HNI (Min) | 68 | 2,788 | ₹10,09,256 |
Elevate Campuses IPO – FAQs
Elevate Campuses IPO will open on 23 September 2026 and close on 25 September 2026.
The price band of Elevate Campuses IPO is ₹343 to ₹362 per share.
The lot size of Elevate Campuses IPO is 41 shares.
The minimum investment for one lot is ₹14,842 at the upper price band of ₹362 per share.
The total issue size of Elevate Campuses IPO is ₹2,100 crore.
The tentative allotment date for Elevate Campuses IPO is 28 September 2026.
Shares are tentatively scheduled to be credited to eligible investors' demat accounts on 29 September 2026.
Elevate Campuses IPO is tentatively scheduled to list on 30 September 2026 on BSE and NSE.
You can check the Elevate Campuses IPO allotment status and complete IPO details using the link below.
Check IPO Details & AllotmentFor complete IPO details including IPO dates, price band, financials, company profile, risks, strengths and allotment information, visit:
Elevate Campuses IPO – Complete DetailsDisclaimer: Investment and securities are subject to market risks. Read all related documents carefully before investing. The information provided above is for informational purposes only and should not be considered investment advice.
