Subscription status
Bidding starts on Wed, 23 Sep 2026; subscription figures appear here from then.
Lot size and investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (minimum) | 1 | 41 | ₹14,842 |
| Retail (maximum) | 13 | 533 | ₹1,92,946 |
| Small NII / sHNI (minimum) | 14 | 574 | ₹2,07,788 |
| Small NII / sHNI (maximum) | 67 | 2,747 | ₹9,94,414 |
| Big NII / bHNI (minimum) | 68 | 2,788 | ₹10,09,256 |
Amounts at the top of the price band (₹362 a share).
IPO details
| Company | Elevate Campuses Limited |
|---|---|
| Board | Mainboard (NSE and BSE) |
| Issue period | Wed, 23 Sep 2026 to Fri, 25 Sep 2026 |
| Price band | ₹343 – ₹362 |
| Face value | ₹1 per share |
| Lot size | 41 shares |
| Shares offered (excl. anchor) | 6.12 crore shares |
| Cut-off time for UPI Mandate Confirmation | 25-Sep-2026 (upto 5:00 PM) The new cut-off time for UPI mandate acceptance is 05:00 PM on last day of IPO bidding. |
| Issue Size | Initial Public offer comprising of Fresh issue aggregating up to Rs. 21,000 million |
| Issue Type | Book Building |
| Discount | NA |
| Tick Size | Re. 1 |
| Maximum Subscription Amount for Retail Investor | Rs. 2,00,000 |
| IPO Market Timings | 10.00 a.m. to 5.00 p.m. |
| Sponsor Bank | AXIS Bank Limited and ICICI Bank Limited |
| Contact person name number and Email id | M. Murali Krishna, +91 40 6716 2222, Elevatecampuses.ipo@kfintech.com |
| Registrar | KFin Technologies Limited |
| Lead managers | JM Financial Limited, IIFL Capital Services Limited and Morgan Stanley India Company Private Limited |
Issue size as stated by NSE. Details and figures: NSE.
Check allotment status
From the allotment date (Mon, 28 Sep 2026), check whether you got shares with your PAN or application number:
If you are not allotted shares, the blocked amount is released in your bank account by Tue, 29 Sep 2026.
Offer documents
The red herring prospectus (RHP) has the company's business, financials, risks and use of the money raised.
- Ratios / Basis of Issue Price (NSE, zip)
- Red Herring Prospectus (NSE, zip)
Frequently asked questions
When does the Elevate Campuses IPO open and close?
It opens on Wed, 23 Sep 2026 and closes on Fri, 25 Sep 2026.
What is the price band of the Elevate Campuses IPO?
₹343 – ₹362 per share, with a face value of ₹1.
What is the lot size and minimum investment?
One lot is 41 shares. The minimum application is one lot, which costs ₹14,842 at the top of the price band.
When is the allotment and listing date?
Allotment is expected on Mon, 28 Sep 2026 and listing is expected on Wed, 30 Sep 2026, following SEBI's T+3 timetable.
What is the Elevate Campuses IPO GMP today?
No grey market premium has been reported for this IPO yet. GMP is an unofficial figure quoted outside any exchange.
How do I check the Elevate Campuses IPO allotment status?
On the registrar's website (KFin Technologies Limited) or the NSE and BSE allotment pages, using your PAN or application number, from the allotment date.
This page is information, not advice to apply or not. SmartFigure is not a SEBI-registered adviser. Read the RHP before you invest; IPOs can list below their issue price.