Markets / IPO / Elevate Campuses

Elevate Campuses IPO

Updated 17:39

Mainboard IPO on NSE and BSE · Diversified Commercial Services

Status

Listed

Price band

₹343–362

Lot size

41 shares · ₹14,842

Subscribed

1.79×

How it listed

Issue price

₹362

Listing price (open)

₹355.10 -1.91%

First-day close

₹322.95 -10.79%

Price now

₹279.25 -22.86%

Listing day	30 Sept 2026
Open / high / low / close	₹355.10 / ₹372.75 / ₹290.10 / ₹322.95
Shares traded on NSE	3,84,90,932
Market value at the listing-day close	₹714 cr

Closing prices since listing: 26 Oct ₹287.10, 27 Oct ₹289.90, 28 Oct ₹287.40, 29 Oct ₹293.50, 30 Oct ₹289.60, 2 Nov ₹287.50, 3 Nov ₹275.60, 4 Nov ₹280.95, 5 Nov ₹286.10, 6 Nov ₹279.50.

Elevate Campuses share price, live chart and technicals →

Key dates

Bidding opens	23 Sept 2026
Bidding closes	25 Sept 2026
Allotment	28 Sept 2026
Refunds and shares in demat	29 Sept 2026
Listing	30 Sept 2026

Issue reservation

Investor group	Shares	% of issue	Most applicants allotted
Anchor investors	2,61,04,972	43.67%	–
Institutions (QIB)	1,83,67,347	30.73%	–
HNI / NII	91,83,673	15.36%	–
HNI, above ₹10 lakh	61,22,449	10.24%	2,196
HNI, ₹2–10 lakh	30,61,224	5.12%	5,333
Retail	61,22,448	10.24%	1,49,328

Shares NSE lists as offered to each group, plus the anchor portion. "Most applicants allotted" is how many people can get the minimum application in that group when it is oversubscribed.

Lot size by investor type

Application	Lots	Shares	Amount
Retail (minimum)	1	41	₹14,842
Retail (maximum)	13	533	₹1,92,946
Small HNI (minimum)	14	574	₹2,07,788
Small HNI (maximum)	67	2,747	₹9,94,414
Big HNI (minimum)	68	2,788	₹10,09,256

At ₹362 a share. Retail bids go up to ₹2 lakh, small HNI from ₹2 lakh to ₹10 lakh, big HNI above ₹10 lakh.

Chance of getting shares (retail)

Chance

At least 1 in 1

Retail allotments available

1,49,328 × one lot

Retail portion subscribed

1.01×

An estimate from the times the retail portion was subscribed, as if every applicant bid for the minimum. Many bid for more lots, so the real chance is usually better. Winners are picked by lottery and each gets the minimum (one lot).

Subscription

Investor category	Shares offered	Shares bid for	Times subscribed
Institutions (QIB)	1,83,67,347	4,63,16,552	2.52×
HNI / NII	91,83,673	77,58,512	0.84×
HNI, above ₹10 lakh	61,22,449	50,61,450	0.83×
HNI, ₹2–10 lakh	30,61,224	26,97,062	0.88×
Retail	61,22,448	62,11,705	1.01×
Total	3,36,73,468	6,02,86,769	1.79×

NSE and BSE bids together, as of 25 Sept 2026 19:00.

Demand at each price

Top price ₹362	549.28 lakh shares	91.1%
Cut-off final price, whatever it is; mostly retail	51.75 lakh shares	8.6%
Lower prices ₹343–361	1.86 lakh shares	0.3%

Shares bid on NSE and BSE at each price in the band. Most bids at the top price, and little at lower prices, means buyers were keen.

Anchor investors

Anchor bid date	22 Sept 2026
Anchor shares	2,61,04,972
Raised from anchors	₹945.00 cr
Lock-in ends for the first 50% (30 days)	27 Oct 2026
Lock-in ends for the remaining 50% (90 days)	26 Dec 2026 (in 50 days)

Anchor investors are large funds that buy the day before the IPO opens. SEBI locks in half their shares for 30 days from the allotment and the rest for 90 days; they can sell from the next trading day. Traders watch these dates because extra selling can come in.

Financials and valuation

	At issue price	Now
Market value	₹800 cr	₹617 cr
P/E (last 12 months' profit)	–	–

Revenue, last 12 months	–
Profit, last 12 months	–
Return on equity	–
Debt to equity	–

From results the company filed with NSE (latest period to 30 Jun 2026). Twelve-month figures need four quarters of results, so they fill in over the first year after listing.

Other recent IPOs: Diversified Commercial Services

Company	Listed	Subscribed	On listing	Since IPO
Coreintegra Consulting Services SME	30 Sept	–	+0.13%	+36.35%
Rentomojo	17 Sept	72.88×	+19.42%	+43.40%
Propshop Events and Exhibitions SME	3 Aug	–	-20.00%	-0.36%
Armour Security (India). SME	22 Jan	–	-20.00%	-54.39%
Dhara Rail Projects SME	31 Dec	–	+19.05%	+6.31%
Clear Secured Services SME	8 Dec	–	-9.85%	-47.16%
WeWork India Management	10 Oct	1.15×	+0.31%	+5.19%
Sheel Biotech SME	8 Oct	–	+44.44%	-6.11%

IPO details

Price band	₹343–362
Final issue price	₹362
Lot size	41 shares
Minimum investment	₹14,842 (1 lot)
Market	NSE mainboard
Issue type	Book Building
Face value	Re. 1 per Equity Share
Industry	Diversified Commercial Services
Issue size	₹2,100.00 crore (about 5.80 crore shares) · Fresh issue only
ISIN	INE147X01013
Registrar	KFin Technologies Limited Helpline: +91 40 6716 2222, Elevatecampuses.ipo@kfintech.com
Lead managers	JM Financial Limited, IIFL Capital Services Limited and Morgan Stanley India Company Private Limited
Prospectus	Red herring prospectus (NSE)

Check allotment status

Allotment was finalised on 28 Sept 2026. Check it on the registrar's page (KFin Technologies Limited), NSE or BSE with your PAN or application number.

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From NSE's official IPO data. Expected dates follow SEBI's T+3 timetable; the exchange confirms them. Information only, not investment advice.

What is the Elevate Campuses IPO price band and lot size?

The price band is ₹343–362 per share, and one lot is 41 shares (₹14,842 at the upper price).

When is the Elevate Campuses IPO allotment date?

Allotment was finalised on 28 Sept 2026, the next working day after bidding closed on 25 Sept 2026.

How many times was the Elevate Campuses IPO subscribed?

In total 1.79 times, on NSE and BSE together; retail 1.01 times.

What is the Elevate Campuses IPO listing date?

It listed on 30 Sept 2026 on NSE and BSE.

What is the chance of getting Elevate Campuses IPO shares?

At least 1 in 1 retail applicants got the minimum lot: 1,49,328 retail allotments with the retail portion subscribed 1.01 times. Winners are picked by lottery.

When does the Elevate Campuses anchor lock-in end?

The 30-day lock-in on half of the anchor investors' shares ends on 27 Oct 2026 and the 90-day lock-in on the rest ends on 26 Dec 2026; they can sell from the next trading day.

What was the Elevate Campuses listing gain?

It opened at ₹355.10 against an issue price of ₹362, a loss of 1.91%. It is now down 22.86% from the issue price.