Exchanges
BSE, NSE
Industry
Diversified Commercial Services
Issue
Book building

Elevate Campuses IPO

₹322.95

−10.79% on listing

Listing-day close · NSE · 30 Sep 2026 · issue price ₹362

Elevate Campuses’ ₹2,100 crore IPO was priced at ₹362 a share. It listed on the NSE on 30 Sep 2026 and closed its first day at ₹322.95, down 10.79% on the issue price.

Timeline

  1. Opens
  2. Closes
  3. Allotment
  4. Refunds
  5. Shares in demat
  6. Listing

Issue details

Issue size
₹2,100 Cr
Fresh issue
₹2,100 Cr
Offer for sale
—
Lot size
41 shares
Minimum investment
₹14,842
Face value
₹1
Registrar
Kfin Technologies

Subscription

Elevate Campuses IPO subscription by investor category
CategoryShares offeredTimes subscribed
Qualified institutions (QIB)1.74 Cr2.66×
Non-institutional (NII)87.02 L0.89×
Retail58.01 L1.07×
Total3.19 Cr1.89×

At the close of the issue, excluding anchor investors.

Financials and valuation

Market cap (post-issue)
₹6,101 Cr
P/E (post-issue)
35.1
EPS (post-issue)
₹10.31
ROCE
6.42%
Debt to equity
4.98
EBITDA margin
90.32%
PAT margin
28.80%
Promoter holding
100.00% → 65.58%

Financials as of 31 Mar 2026, from the offer documents.

Listing

Listing date
30 Sep 2026
Issue price
₹362
Open
₹355.10
High
₹372.75
Low
₹290.10
Close
₹322.95

Listing day on the NSE. The close was −10.79% on the issue price.

FAQs

When did the Elevate Campuses IPO open and close?

It opened on 23 Sep 2026 and closed on 25 Sep 2026.

What was the Elevate Campuses IPO price?

The price band was ₹343–362 a share. The final issue price was ₹362.

What is the lot size and minimum investment?

One lot is 41 shares, ₹14,842 at ₹362 a share. Retail investors apply in whole lots.

How much did Elevate Campuses raise?

₹2,100 crore: ₹2,100 crore of new shares.

How many times was the Elevate Campuses IPO subscribed?

1.89 times overall: qualified institutions 2.66 times, non-institutional 0.89 times, retail 1.07 times.

How did Elevate Campuses list?

It listed on the NSE on 30 Sep 2026 at ₹355.10 and closed the day at ₹322.95, down 10.79% on the ₹362 issue price.

Who is the registrar of the Elevate Campuses IPO?

Kfin Technologies handles the allotment, refunds and credit of shares.

For information only. Not investment advice or a research report.

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