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Market News

Elevate Campuses IPO Day 3: Check subscription status, allotment date and steps

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
By Kamal Joshi

2 min read | Updated on September 25, 2026, 09:35 IST

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SUMMARY

The ₹2,100-crore Elevate Campuses IPO is only a fresh issue of equity shares with no offer-for-sale component. The price range has been fixed at ₹343-₹362 per share, and a lot consists of 41 shares.

Elevate Campuses Ltd owns, operates and manages on-campus student accommodation facilities across higher education institutions. | Image: elevatecampuses.com

Elevate Campuses Ltd owns, operates and manages on-campus student accommodation facilities across higher education institutions. | Image: elevatecampuses.com

The initial public offer of student accommodation and K-12 platform Elevate Campuses will end on Friday, September 25. The subscription details for the final day of bidding will be updated post 10 am.

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As of Day 2, the issue was subscribed 23%. It received bids for 77,02,260 shares against 3,36,73,468 shares on offer, as per details available with the NSE.

The category for non-institutional investors received 33% subscription, and the quota for qualified institutional buyers (QIBs) was subscribed 18%. The portion for retail investors attracted 23% subscription.

The ₹2,100-crore IPO is only a fresh issue of equity shares with no offer-for-sale component. The price range has been fixed at ₹343-₹362 per share, and a lot consists of 41 shares.

The IPO proceeds will be utilised for acquiring K-12 entities and campuses, debt clearance and meeting corporate general purposes.

It owns, operates and manages on-campus student accommodation facilities across higher education institutions, while also owning K-12 education assets.

As per the RHP, the company, as of March 31, 2026, had seven owned student accommodation campuses with 20,368 beds and a managed portfolio of 14 campuses with 55,487 beds.

Elevate Campuses IPO allotment and listing date

The basis of allotment for Elevate Campuses IPO is likely to be finalised on September 28. Shares of the company will debut on the NSE and the BSE on September 30.

Varmora Granito IPO allotment: How to check status online on NSE, BSE, KFin Technologies; listing date, time here

How to check Elevate Campuses IPO allotment status on NSE

Steps to check Elevate Campuses IPO allotment status on KFin Technologies; full steps

  • Visit the registrar's official website: https://ipostatus.kfintech.com/
  • In the ‘Select IPO’ section, choose ‘Elevate Campuses Ltd’
  • Add PAN, IPO application number or Demat account number
  • Hit the 'Submit' button
Disclaimer: This article is written purely for informational purposes and should not be considered investment advice from Upstox. Securities mentioned are illustrative and not recommendations. Please consult a financial advisor before making any investment decisions.

About The Author

Journalist Kamal Joshi, former Republic TV and latestly news editor, currently associated with Upstox as senior ipo writer.
Kamal Joshi is a business journalist who covers markets and IPOs. He places a special focus on in-depth analysis of DRHPs, RHPs and public-issue documents to produce data-driven stories. He covers trends across mainboard and SME IPOs, anchor allocations, subscription status and post-listing performance. He is passionate about breaking news and enjoys playing pickleball, especially flexing his net play. He was previously associated with Republic TV and LatestLY.

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