MyIPOStatus
Elevate Campuses IPO: GMP, subscription and allotment status
This IPO has left the live dashboard. The figures below are as recorded on 5 Oct 2026.
1.36×Covered
Subscription as of 25 Sept, 19:00 IST, from NSE bid data
- Listed at
- ₹355.1
- −1.9% on issue price
- Est. listing
- ₹369
- +1.8% on issue price
- Price band
- ₹343–362
- Lot
- 41 shares
- Min. ₹14,842
Allotment
Allotment is published. Check every saved PAN in one go.
Dates
23 → 25 Sept · allot 28 · list 30Refunds and shares in your demat account on 29 Sept.
Subscription by category
- Retail
- 0.82×
- Undersubscribed
- Non-institutional (NII)
- 0.67×
- Undersubscribed
- Qualified institutional (QIB)
- 1.88×
- Covered
- Total
- 1.36×
- Covered
Shares bid for
- QIB
- Offered 1,83,67,347
- Bid for 4,63,16,552
- 2.52×
- NII
- Offered 91,83,673
- Bid for 77,58,512
- 0.84×
- bHNI (above ₹10 lakh)
- Offered 61,22,449
- Bid for 50,61,450
- 0.83×
- sHNI (₹2–10 lakh)
- Offered 30,61,224
- Bid for 26,97,062
- 0.88×
- Retail
- Offered 61,22,448
- Bid for 62,11,705
- 1.01×
- Total
- Offered 3,36,73,468
- Bid for 6,02,86,769
- 1.79×
Day by day
- 25 Sept 2026
- Overall 1.36×
- Retail 0.82× retail
- 24 Sept 2026
- Overall 0.10×
- Retail 0.17× retail
- 23 Sept 2026
- Overall 0.08×
- Retail 0.09× retail
Overall and retail, as they stood at the end of each day of bidding.
As of 25 Sept, 19:00 IST.
GMP day by day
The last GMP before listing was ₹6 on 29 Sept, pointing to a listing around ₹368. It listed at ₹355.1, ₹12.9 below that estimate.
- 30 Sept 2026
- GMP ₹7
- Est. listing ₹369 +1.9%
- 29 Sept 2026
- GMP ₹6
- Est. listing ₹368 +1.7%
- 28 Sept 2026
- GMP ₹10
- Est. listing ₹372 +2.8%
- 27 Sept 2026
- GMP ₹4
- Est. listing ₹366 +1.1%
- 26 Sept 2026
- GMP ₹4
- Est. listing ₹366 +1.1%
- 25 Sept 2026
- GMP ₹3
- Est. listing ₹365 +0.8%
- 24 Sept 2026
- GMP ₹3
- Est. listing ₹365 +0.8%
Recorded once a day from IPOWatch's GMP table. GMP is unofficial and doesn't guarantee a listing price.
Issue details
- Segment
- Mainboard
- Face value
- ₹1
- Issue type
- Book build Issue
- Fresh issue
- ₹2100 Crores
- Listing at
- BSE, NSE
- Registrar
- KFin Technologies
- NSE symbol
- ELEVATE
GMP is unofficial and doesn't guarantee a listing price. Where these numbers come from
What you can apply for
- Retail Minimum
- 1 lot, 41 shares
- 41
- ₹14,842
- Retail Maximum
- 13 lots, 533 shares
- 533
- ₹1,92,946
- S-HNI Minimum
- 14 lots, 574 shares
- 574
- ₹2,07,788
- S-HNI Maximum
- 67 lots, 2,747 shares
- 2,747
- ₹9,94,414
- B-HNI Minimum
- 68 lots, 2,788 shares
- 2,788
- ₹10,09,256
A retail application can't go past ₹2 lakh; bigger bids go in the HNI categories.
Where the money goes
- Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses;
- ₹1,100.00 Cr
- 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 Cr
- Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes,
- —
What the company plans to do with the money it raises, from the offer document. Money raised in an offer for sale goes to the selling shareholders, not the company.
Company numbers
₹603.39 Cr+53.1% on 2025
₹173.76 Cr+249.3% on 2025
₹5,773.35 Cr+138.4% on 2025
- 2026
- Revenue ₹603.39
- Profit ₹173.76
- Assets ₹5,773.35
- 2025
- Revenue ₹394.13
- Profit ₹49.74
- Assets ₹2,421.20
- 2024
- Revenue ₹362.61
- Profit ₹39.69
- Assets ₹2,104.74
In ₹ crore, for the years the offer document reports.
- ROE
- -%
- ROCE
- -%
- EBITDA Margin
- %
- PAT Margin
- -%
- Earning Per Share (EPS)
- ₹19.65 (Basic)
- Return on Net Worth (RoNW)
- 18.17%
- Net Asset Value (NAV)
- ₹432.62
Who the issue is reserved for
- QIB
- 75%
- NII
- 15%
- Retail
- 10%
Share of the issue set aside for each kind of investor.
Promoters and bankers
- Promoters
- Genius Bidco Holdings Pte
- Promoter holding
- 100% before the IPO, 65.58% after
- Lead managers
- JM Financial Ltd., IIFL Capital Services Ltd., Morgan Stanley India Co. Pvt. Ltd.
Issue details come from the IPO's page on IPOWatch, which follows the company's prospectus.
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Frequently asked questions
- What is the GMP of Elevate Campuses IPO today?
- The grey-market premium is ₹7, which points to a listing around ₹369 (+1.8% on the issue price). GMP is unofficial and doesn't guarantee a listing price.
- How many times has Elevate Campuses IPO been subscribed?
- 1.36× overall, with the retail portion at 0.82×, as of 19:00 IST on 25 September 2026, from NSE bid data.
- When does Elevate Campuses IPO open and close?
- Bidding ran from 23 September 2026 to 25 September 2026.
- What is the Elevate Campuses IPO allotment date?
- Allotment is out. You can check it by PAN now.
- When will Elevate Campuses IPO list?
- It listed on 30 September 2026.
- How did Elevate Campuses IPO list against its GMP?
- The last grey-market premium before listing was ₹6 on 29 September 2026, pointing to a listing around ₹368. It listed at ₹355.1, ₹12.9 below that estimate.
- What is the lot size and minimum investment for Elevate Campuses IPO?
- One lot is 41 shares, so the minimum investment at the upper price of ₹362 is ₹14,842.
- How do I check Elevate Campuses IPO allotment status?
- KFin Technologies has published the allotment. Use Check allotment on this page to check every PAN in your family in one go.