Business Overview
Elevate Campuses is a mainboard IPO with an issue size of ₹2100 Cr. The issue will be available for subscription from 2026-09-23 to 2026-09-25, with listing expected on 2026-09-30.
23 Sept 2026 – 25 Sept 2026
₹343-362
₹2,100 Cr
41
30 Sept 2026
NSE, BSE
Elevate Campuses is a prominent corporate entity operating in the Mainboard Industry Leader segment. Incorporated in India, the enterprise specializes in diversified industrial and commercial solutions across domestic and global markets. Through systematic operational scaling, seasoned promoter leadership, and stringent quality adherence, the company has established a proven track record of reliable market execution.
The company is raising capital through this public issue of ₹2,100 Cr on the BSE & NSE Mainboard exchange platform. The bidding window opens on 23 Sept 2026 and closes on 25 Sept 2026, with equity shares offered within a price band of ₹343 to ₹362 per share.
NSE, BSE
Mainboard Tierkfintech
Official RegistryDisclosed in RHP
Book Running Merchant₹2 per share
Equity Par ValueProceeds generated from the net public issue of ₹2,100 Cr will be utilized by Elevate Campuses towards the following statutory corporate objectives:
N/A
Awaiting quote₹362
Cap Price + GMP—
41 shares × GMPNeutral
High: ₹0 · Low: ₹0Trend builds as new GMP quotes arrive
Subscription data not published yet.
Understanding Allotment Odds:
Retail allotment is decided by a SEBI electronic lottery if the category is oversubscribed (>1.0x). HNI / NII allotment is proportional for small HNI and big HNI tiers.
Retail investors can apply for a maximum of 13 lots (up to ₹2 Lakh). Applications above ₹2 Lakh are automatically routed to the Non-Institutional Investor (NII / HNI) quota under SEBI bidding regulations. Cut-off price is mandatory for retail validity.
23.03x
Based on upper price band
₹8,820 Cr
Post-issue valuation
₹2 per share
Par equity value
18.40%
Weighted 3-year average
₹138
Per share prior to issue
₹16
Diluted FY25/26 annualised
The total public issue of ₹2,100 Cr comprises a Fresh Issue for capital expansion and working capital requirements, alongside an Offer for Sale (OFS) by promoter entities. Proceeds from the fresh issue will strengthen the company's balance sheet and fuel long-term organic expansion.
Mutual funds, foreign portfolio investors (FPIs), banks, and domestic insurance.
Divided into Small HNI (1/3rd, ₹2L–₹10L) and Big HNI (2/3rds, >₹10L).
Reserved exclusively for retail public investors with lottery-based allotment.
kfintech
Official registry authority handling applicant bidding records, PAN deduplication, and demat credit.
Elevate Campuses is a mainboard IPO with an issue size of ₹2100 Cr. The issue will be available for subscription from 2026-09-23 to 2026-09-25, with listing expected on 2026-09-30.
Issue size of 2100 Cr suggests a large offering. Subscription data will appear once the issue opens.
Price band set at ₹343–362 per share, a 6% range. Minimum retail investment of ₹14,842.
Mainboard IPO — regulated by SEBI with higher disclosure standards. Subscription data not yet available — demand visibility is limited.
This analysis is generated algorithmically from available data. It is not investment advice. Please consult a registered financial advisor before making investment decisions.