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Open
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Close
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Allotment
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Listing
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Issue Size
[.] shares (agg. up to ₹2,550 Cr)
Listing Date
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✦ AI Insight
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 702.71 | 655.77 | 576.99 |
| Total Income | 394.13 | 362.61 | 300.92 |
| Profit After Tax | 52.65 | 39.69 | 29.00 |
| EBITDA | 259.32 | 220.13 | 186.64 |
| NET Worth | 702.71 | 655.77 | 576.99 |
| Reserves and Surplus | 700.50 | 653.56 | 574.78 |
| Total Borrowing | 1,206.60 | 984.71 | 1,026.12 |
| Amount in ₹ Crore |
Objects of the Issue
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses; | 1,100.00 |
| 2 | 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, through investment in such Subsidiaries; and | 750.00 |
| 3 | Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes, |
About Elevate Campuses IPO
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.” The company’s Owned Portfolio includes five student accommodation campuses with 16,934 beds, 16 K-12 assets (three under development), and two student accommodation facilities managed by HEIs and owned by K-12 HoldCos across eight Indian cities, along with two K-12 assets in Dubai. The Managed Portfolio includes 14 student accommodation campuses with 49,338 beds. In addition, the company delivers community and campus technology services such as media coverage of HEIs and community event management. The company collaborates with leading institutions including Manipal Academy of Higher Education (MAHE), Manipal University Jaipur (MUJ), and Meraki Education. Its integrated Elevate Platform combines student accommodation and K-12 assets, supporting students throughout their lifecycle. Between
Contact Details
Elevate Campuses Ltd. AddressNaman Midtown, Unit No 902-9069 th Floor, Tower B, Senapati Bapat Marg,Lower Parel,Mumbai, Maharashtra, 400013+91 22 6820 1600companysecretary@elevatecampuses.comVisit Website