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Open
23 Sep 2026
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Close
25 Sep 2026
3
Allotment
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Listing
Wed, Sep 30, 2026
Price Band
₹343 to ₹362
Issue Size
5,80,11,049 shares (agg. up to ₹2,100 Cr)
Lot Size
41 Shares
Listing Date
Wed, Sep 30, 2026
✦ AI Insight
Live Subscription
| Category | Subscription (times) |
|---|---|
| QIB | 2.66x |
| NII | 0.89x |
| Retail | 1.07x |
| Total | 1.04x |
Restated Financials (₹ Cr.)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 |
|---|---|---|---|
| Assets | 5,773.35 | 2,421.20 | 2,104.74 |
| Total Income | 603.39 | 394.13 | 362.61 |
| Profit After Tax | 173.76 | 49.74 | 39.69 |
| EBITDA | 545.00 | 256.40 | 220.13 |
| NET Worth | 956.29 | 699.78 | 655.77 |
| Reserves and Surplus | 947.45 | 697.57 | 653.56 |
| Total Borrowing | 4,120.53 | 1,206.60 | 984.71 |
| Amount in ₹ Crore |
Peer Comparison
| Company | Issue Type | Issue Size | Issue Price | PE Ratio | Listing Day Close | Listing Gain/Loss % | LTP |
|---|---|---|---|---|---|---|---|
| LEAP India Ltd. | Mainboard | ₹2,480.00 Cr | ₹159 | 104.61 | ₹144.93 | -8.85% | ₹137.03 |
| WeWork India Management Ltd. | Mainboard | ₹2,999.64 Cr | ₹648 | 67.75 | ₹628.65 | -2.99% | ₹659.60 |
| Coreintegra Consulting Services Ltd. | SME | ₹21.99 Cr | ₹78 | 13.27 | ₹78.90 | +1.15% | ₹78.65 |
| Aegeus Technologies Ltd. | SME | ₹23.71 Cr | ₹105 | 15.98 | ₹130.70 | +24.48% | ₹125.20 |
| Propshop Events & Exhibitions Ltd. | SME | ₹28.57 Cr | ₹69 | 12.32 | ₹57.15 | -17.17% | ₹66.50 |
| PAN HR Solutions Ltd. | SME | ₹17.04 Cr | ₹78 | 8.41 | ₹78.01 | +0.01% | ₹43.55 |
| Armour Security India Ltd. | SME | ₹26.51 Cr | ₹57 | 17.53 | ₹43.35 | -23.95% | ₹20.10 |
| Dhara Rail Projects Ltd. | SME | ₹50.20 Cr | ₹126 | 21.43 | ₹157.50 | +25.00% | ₹140.20 |
| Clear Secured Services Ltd. | SME | ₹85.60 Cr | ₹132 | 23.36 | ₹113.05 | -14.36% | ₹69.60 |
| Sheel Biotech Ltd. | SME | ₹34.02 Cr | ₹63 | 8.86 | ₹95.55 | +51.67% | ₹60.20 |
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 Company and certain of Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, through investment in such Subsidiaries | 750.00 |
| 3 | Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes, | 129.61 |
| 4 | Issue Expenses | 120.39 |
| Total | 2,100.00 |
About Elevate Campuses IPO
Updated on Oct 1, 2026
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