The allotment status for the ₹2,100.00 crore Elevate Campuses IPO is likely to be announced today, September 28, 2026. Investors can check their IPO allotment status on the official websites of the NSE, BSE, and the IPO registrar, KFin Technologies Limited.

Following the completion of the allotment process, the shares are tentatively to be listed on the NSE and BSE on September 30, 2026.

Procedure to Check Elevate Campuses IPO Allotment Status Online on NSE

Visit the NSE’s IPO allotment verification status page here.
Select “Equity & SME IPO Bid Details”.
In Select Symbol, select “ELEVATE”.
Enter your PAN No. and Application No.
Click “Submit”.

Procedure to Check Elevate Campuses IPO Allotment Status Online on BSE

Click here to visit the application status page.
Under Issue Type, select “Equity”.
In Issue Name, select “Elevate Campuses Limited”.
Enter your “Application No. or PAN No.”
Enter the given Captcha correctly.
Click “Submit”.

Procedure to Check Elevate Campuses IPO Allotment Status on KFin Technologies Limited (Registrar to the Issue)

Visit the KFin Technologies’ IPO allotment status page here.
In Select IPO, select “Elevate Campuses Limited”.
Enter any of the following details.

App. No.
Demat Account
PAN

Click “Submit”.

Elevate Campuses IPO - Issue Details

Issue Type: Book Built Issue (Fresh Issue + OFS)
Total Issue Size: Up to ₹2,100.00 crore
Fresh Issue: Up to 6.80 crore equity shares
Offer for Sale (OFS): Not Applicable
Face Value: ₹1 per equity share
Price Band: ₹343 to ₹362 per share
Lot Size: 41 shares
Minimum Investment Amount (Retail Investor): ₹14,842 (41 shares at the upper price)
Listing: BSE, NSE
Book Running Lead Managers: JM Financial Limited, IIFL Capital Services Limited, Morgan Stanley India Company Private Limited.
Registrar: KFin Technologies Limited

Explore other Upcoming IPOs on BSE and NSE.

Elevate Campuses IPO Overall Subscription Status

[September 25, 2026, 7:00 PM]

Category	Subscription (x)
Qualified Institutional Buyers (QIBs)	2.52x
Non-Institutional Investors (NIIs)	0.84x
Retail Individual Investors (RIIs)	1.01x
Total	1.79x

Utilisation of IPO Proceeds

The company intends to utilise the net proceeds from the fresh issue towards:

Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses from the fellow subsidiaries of its promoters
Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable of availed by the company and certain of its wholly-owned Subsidiaries, namely GHS Shoolini, GHS Sonipat, Data Ram Sons Private Limited, Souk HIS UAE and Souk NLCS UAE, through investment in such Subsidiaries
Funding inorganic growth through unidentified acquisitions, other strategic initiatives
General corporate purposes.

About Elevate Campuses Limited

Founded in 2005, Elevate Campuses Limited is a student housing and education infrastructure company that develops, owns, operates, and manages on-campus accommodation for higher education institutions. It also owns K–12 education assets and provides technology-enabled campus infrastructure and community services.

As of March 31, 2026, the company had the capacity to serve 80,255 students across 15 cities in India and one city in the UAE. Its portfolio included 20,368 owned beds, 55,487 managed beds, and two K–12 school assets in Dubai, with clients including Manipal Academy of Higher Education, Manipal University Jaipur, and Meraki Education.

Key Financial Highlights

Particulars	FY26 (in ₹ crore)	FY25 (in ₹ crore)	FY24 (in ₹ crore)
Revenue from operations	568.63	369.81	347.00
EBITDA	544.99	256.40	220.13
Profit After Tax (PAT)	173.76	49.74	39.69