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Elevate Campuses Limited IPO Allotment Status

Written by: Team Angel OneUpdated on: 26 Sept 2026, 7:44 pm IST
Elevate Campuses Limited’s mainboard IPO closed for subscription on September 25, 2026. The basis of allotment is expected to be finalised on September 28, 2026, and the shares are scheduled to list on BSE and NSE on September 30, 2026.
Elevate Campuses Limited IPO
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Elevate Campuses Limited is a book-built mainboard IPO issue of ₹2,100.00 crores. The issue is entirely a fresh issue of 5.80 crore shares of ₹2,100.00 crore. 

The IPO with a price band of ₹343–₹362 per equity share. The bidding window opened on September 23, 2026, and closed on September 25, 2026. 

The basis of allotment is expected to be finalised on September 28, 2026. Refunds for unsuccessful applicants and credit of shares to successful applicants’ demat accounts are expected on September 29, 2026, while the shares are scheduled to list on BSE and NSE on September 30, 2026. 

The IPO has a market lot of 41 shares. At the upper price band, one lot costs ₹14,842. Retail investors can apply for a minimum of one lot. 

Investors can check Elevate Campuses IPO allotment status after the basis of allotment is finalised through KFin Technologies, the registrar to the issue, or through the BSE/NSE IPO-status facilities. 

How to Check Elevate Campuses IPO Allotment Status Online on BSE/NSE? 

  • Visit the BSE IPO application-status page or the NSE IPO bid-verification/application-status page.
  • Select “Mainboard” (or Equity) under Issue Type, where applicable.
  • Choose “Elevate Campuses Limited” from the Issue Name dropdown after the allotment data is published.
  • Enter your PAN or Application Number.
  • Complete the captcha or other verification, where applicable.
  • Click on Submit or Search to view your application and allotment status. 

How to Check Elevate Campuses IPO Allotment Status on the Registrar’s Website? 

  • Visit the official KFin Technologies IPO allotment-status website.
  • Select “Elevate Campuses Limited” from the IPO-name dropdown once the registrar uploads the basis-of-allotment information.
  • Choose PAN, Application Number or DP ID/Client ID as the search method.
  • Enter the required details.
  • Complete the captcha verification.
  • Click on Submit or Search to view your allotment result. 

Elevate Campuses IPO Details 

Elevate Campuses Limited is a book-built mainboard IPO issue of ₹2,100.00 crores. The issue is entirely a fresh issue of 5.80 crore shares of ₹2,100.00 crore. 

Elevate Campuses’ IPO is priced in the range of ₹343–₹362 per equity share. The face value of each equity share is ₹10. The company’s issue is proposed to list on both BSE and NSE. 

The IPO opened on September 23, 2026, and closes on September 25, 2026. The basis of allotment is expected on September 28, 2026, refunds and demat credits are expected on September 29, 2026, and the shares are scheduled to list on BSE and NSE on September 30, 2026. 

The market lot comprises 41 shares, requiring ₹14,842 at the upper price band. Retail investors can apply for one or more lots in permitted multiples. 

Allocation Quota for Elevate Campuses IPO 

Investor Category Shares % of Total Issue 
QIB 4,35,08,287 75.00% 
– Anchor Investor 2,61,04,972 45.00% 
– QIB (Ex. Anchor) 1,74,03,315 30.00% 
NII (HNI) 87,01,657 15.00% 
– bNII > ₹10L 58,01,105 10.00% 
– sNII < ₹10L 29,00,552 5.00% 
Retail 58,01,105 10.00% 
Total 5,80,11,049 100.00% 

Note: Category-wise shares offered and subscription figures vary slightly across sources and updates; the final basis of allotment published by KFin Technologies will be definitive. 

Elevate Campuses IPO – Overall Subscription Status 

As of the latest available update on September 25, 2026, at 6:52:06 PM (Day 3), the Elevate Campuses IPO was subscribed 1.89 times overall. The non-institutional investor (NII) category was subscribed 0.89 times, the QIB (Ex Anchor) category 2.66 times, and the retail category 1.07 times. These figures may change slightly following exchange reconciliation after the issue closes. 

Category Subscription (x) Shares Offered* Shares bid for Total Amount* (₹ Crore) 
Anchor 1 2,61,04,972 2,61,04,972 945.000 
QIB (Ex Anchor) 2.66 1,74,03,315 4,63,16,552 1,676.659 
NII 0.89 87,01,657 77,53,715 280.684 
— bNII (> ₹10L) 0.87 58,01,105 50,61,450 183.224 
— sNII (< ₹10L) 0.93 29,00,552 26,92,265 97.460 
Retail 1.07 58,01,105 61,99,405 224.418 
Total ** 1.89 3,19,06,077 6,02,69,672 2,181.762 

Total Applications: 86,331 

Read More: Hero Motors Share Price: Stock Lists at a Discount, Hits 20% Upper Circuit on Debut on NSE and BSE! 

Elevate Campuses Business Overview 

Elevate Campuses Ltd. is an education infrastructure company incorporated in 2005 that owns, operates, and manages on-campus student accommodation for higher education institutions. Operating under the Good Host Spaces and ScholarZ brands, it also owns K-12 school assets. As of March 2026, its portfolio spans India and the UAE, serving major institutions like Manipal Academy of Higher Education. 

Elevate Campuses IPO allotment status is expected to be available on September 28, 2026, after approval of the basis of allotment. Investors should check KFin Technologies or BSE/NSE using their PAN, application number or DP ID/Client ID. 

Know more about IPO allotment status and check your application details online for the latest updates on share allocation. 

Disclaimer: This article has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal investment advice or a recommendation to buy, sell or hold any security. Investors should conduct their own research and consult a SEBI-registered investment adviser before making investment decisions. 

Investments in the securities market are subject to market risks. Read all related documents carefully before investing. 

Published on: Sep 26, 2026, 2:14 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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