Elevate Campuses IPO

The Elevate Campuses IPO is a book-built issue of Rs 2,100 crore, entirely a fresh issue of 5.80 crore shares, opening for subscription from Sep 23 to Sep 25, 2026, with allotment expected on Sep 28, 2026 and a tentative listing on NSE and BSE on Sep 30, 2026. The IPO’s price band is Rs 343 to Rs 362 per share, with a lot size of 41 shares, requiring a minimum retail investment of Rs 14,842. JM Financial Ltd. is the lead manager, and Kfin Technologies Ltd. is the registrar for the issue.

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Elevate Campuses IPO Details

Check out the issue details for Elevate Campuses IPO as disclosed in SEBI.

Price Band

₹ 343 - 362

Issue Size

2,100.00 Cr.

Issue Type

Book Built

Open

2026-09-23

Close

2026-09-25

Company Financials

You can get the following financial statements of Elevate Campuses as of now.

Elevate Campuses IPO Details

The details about the Elevate Campuses IPO are as follows:

  • The issue size of the IPO is Rs 2,100.00 Cr.
  • The price band for Elevate Campuses IPO is Rs 343 to Rs 362.
  • The shares of Elevate Campuses IPO will list on BSE and NSE.
  • The latest tentative GMP of Elevate Campuses IPO is Rs .
  • The shares of Elevate Campuses IPO are subscribed _ Times.

 

Elevate Campuses IPO Valuation

The approximate valuation of Elevate Campuses IPO based on its price band and RHP is:

Particulars Value
Upper Price Band Rs 362
Existing Shares (Qty) 11.05 Cr
Fresh Issue Rs 2,100.00 Cr
Market Cap Rs 6100.10 Cr
EPS (FY25) Rs 19.65
PE Ratio 18.42x

 

Elevate Campuses IPO Issue Size

Elevate Campuses IPO issue size is Rs 2,100.00 Cr.

Issue Amount
Fresh Issue Rs 2,100.00 Cr
Offer For Sale Rs 0 Cr

 

Elevate Campuses IPO Market Lot

An individual can apply for a minimum of 1 lot of 41 shares and a maximum of 13 lots (533 shares). Find the details below:

Application Lot Shares Amount
Retail Minimum 1 41 Rs 14,842
Retail Maximum 13 533 Rs 1,92,946

 

Elevate Campuses IPO Share Offer

The shares of Elevate Campuses IPO are subscribed _ Times. The category-wise shares offered are as follows:

Category % Offered
Qualified Institutional Not less than 75%
Non-Institutional Not more than 15%
Retail Individual Not more than 10%

 

Elevate Campuses IPO GMP (Grey Market Premium)

As on GMP (Tentative)
Sep 23, 2026 Rs

Elevate Campuses IPO GMP is purely for informational purposes. Invest in an IPO after thoroughly researching on your own.

Elevate Campuses IPO Dates

Find below the dates for Elevate Campuses IPO

Schedule Date
Basis of Allotment 28 Sep 2026
Refunds 29 Sep 2026
Credit to Demat Account 29 Sep 2026
IPO Listing Date 30 Sep 2026

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025 Mar 2026
Net Sales 131.61 144.39 156.9 125.39
Total Expenditure 42.33 58.32 58.59 75.18
Operating Profit 89.28 86.07 98.31 50.21
Other Income 17.37 23.6 30.84 50.79
Interest 44.67 38.75 44.87 74.17
Depreciation 11.91 11.72 11.23 11.09
Exceptional Items 0 -8.73 -8.21 109.26
Profit Before Tax 50.07 50.46 64.84 125.02
Provision for Tax 13.08 12.79 16.51 35.82
Net Profit 36.98 37.67 48.33 89.2
Adjusted EPS (Rs.) 1.67 1.7 2.19 4.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity and Liabilities
Share Capital 2.21 2.21 2.21 8.84
Total Reserves 716.49 741.08 783.73 888.5
Borrowings 400.85 374.85 437.85 1491.63
Other N/C liabilities 66.41 82.71 104.84 123.58
Current liabilities 78.27 116.37 124.39 409.28
Total Liabilities 1264.24 1317.22 1464.8 2921.84
Assets
Net Block 75.15 72.55 59.21 58.79
Capital WIP 0 0 0 0
Intangible WIP 0 0 0 0
Investments 349.7 349.7 354.19 2031.58
Loans & Advances 0.64 187.43 101.37 26.47
Other N/C Assets 603.25 583.85 562.1 475.55
Current Assets 235.49 123.69 387.93 329.46
Total Assets 1264.24 1317.22 1464.8 2921.84
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2023 Mar 2024 Mar 2025 Mar 2026
Profit from operations 50.07 50.46 64.84 125.02
Adjustment 40.6 28.62 36.92 -71.51
Changes in Assets & Liabilities 16.49 31.46 -29.02 16.11
Tax Paid -0.79 -0.08 -2.21 -9.51
Operating Cash Flow 106.37 110.45 70.52 60.11
Investing Cash Flow 16.53 -59.73 180.93 -1574.16
Financing Cash Flow -110.16 -66.82 46.95 1226.81
Net Cash Flow 12.73 -16.1 298.4 -287.23
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