Elevate Campuses Ltd Listed
Incorporated in 2005, Elevate Campuses Ltd. is an education infrastructure company engaged in owning, operating and managing on-campus student accommodation for higher education institutions (HEIs) and owning K-12...
GREY MARKET PREMIUM
+₹1
▲ +0.28% vs issue price
Issue Price
₹362.00
Est. Listing Price
₹363.00
Lot Size
41
Issue Details
Open Date
2026-09-23
Close Date
2026-09-25
Allotment
2026-09-28
Face Value
₹1.00
Total Issue Size
5,80,11,049 shares (agg. up to ₹2,100 Cr) Cr
Issue Type
Bookbuilding IPO
Exchange
NSE & BSE
Subscription Status
| Category | Subscription (x) | Shares Offered | Shares Bid |
|---|---|---|---|
| QIB | 1.68x | 44428999.00 | 72961714.00 |
| NII (HNI) | 0.88x | 7658185.00 | 7658185.00 |
| Retail | 1.03x | 5923865.00 | 5967837.00 |
| Market Maker | 1x | - | - |
| Total | 1.49x | 58011049.00 | 86587736.00 |
Financials (₹ Cr)
| Period | Revenue | PAT | EBITDA | Net Worth |
|---|---|---|---|---|
| 31 Mar 2026 | 603.39 | 173.76 | 545.00 | 956.29 |
| 31 Mar 2025 | 394.13 | 49.74 | 256.40 | 699.78 |
| 31 Mar 2024 | 362.61 | 39.69 | 220.13 | 655.77 |
Key Ratios
Return on Capital Employed
6.42
Return on Net Worth
18.17
PAT / Revenue
28.80
EBITDA / Revenue
90.32
Debt to Equity
4.98
EPS Pre-Issue
15.72
EPS Post-Issue
10.31
P/E Pre-Issue
23.03
P/E Post-Issue
35.11
Objects of the Issue
- 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 Company and certain of Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, through investment in such Subsidiaries — ₹750.00 Cr
- Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes,
Lead Managers
JM Financial Ltd
IIFL Capital Services Ltd
Morgan Stanley India Co.Pvt.Ltd
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