Elevate Campuses IPO GMP

Elevate Campuses IPO GMP Today

Elevate Campuses IPO   |   Mainboard IPO   |   NSE & BSE
Latest IPO GMP ₹6
Estimated Listing Price: ₹368
Expected Gain: 1.66%
Last updated: 23 September 2026
IPO Opens 23 Sep 2026
IPO Closes 25 Sep 2026
Listing Date 30 Sep 2026
Price Band ₹343 – ₹362
Latest GMP ₹6
Estimated Listing ₹368
Expected Gain 1.66%

Elevate Campuses IPO GMP Today, 23 September 2026

Elevate Campuses IPO GMP today is ₹6. The latest grey market premium for the Elevate Campuses IPO is reported at ₹6 on 23 September 2026.

The Elevate Campuses IPO price band has been fixed at ₹343 to ₹362 per share. Using the upper price band of ₹362 and the current GMP of ₹6, the estimated listing price works out to ₹368 per share.

At a GMP of ₹6, the indicative listing gain is approximately 1.66% over the upper IPO price of ₹362.

Elevate Campuses IPO is scheduled to open for subscription on 23 September 2026 and close on 25 September 2026. The tentative listing date is 30 September 2026.

The IPO is a book-built issue comprising a fresh issue of 5,80,11,049 equity shares, aggregating to approximately ₹2,100 crore.

Upstox (Free Account Opening)

Flat ₹20 Per Trade.
Backed By Mr. Rata Tata

The IPO has a lot size of 41 shares. At the upper price band of ₹362, one lot requires an investment of approximately ₹14,842.

The current GMP of ₹6 is an unofficial grey-market indication. GMP can change before listing depending on market conditions, demand and investor sentiment.

GMP is not an official price indicator and does not guarantee the actual Elevate Campuses IPO listing price.

Elevate Campuses IPO Expected Listing Price

GMP-Based Listing Price Calculation

IPO Upper Price Band: ₹362

Latest GMP: ₹6

₹362 + ₹6 = ₹368

Based on the current GMP, the estimated listing price is ₹368 per share.

Estimated gain over the upper IPO price: 1.66%

Elevate Campuses IPO GMP Trend

Elevate Campuses IPO GMP is currently reported at ₹6 as of 23 September 2026.

The latest GMP has decreased by ₹2 from the previous reported GMP of ₹8 on 22 September 2026. At the current GMP, the indicative listing price is ₹368 per share.

GMP DateIPO PriceGMPEstimated ListingEstimated GainEstimated Profit/LotStatus
23-Sep-2026₹362₹6₹3681.66%₹246Latest GMP
22-Sep-2026₹362₹8₹3702.21%₹328Previous GMP
21-Sep-2026₹362₹16₹3784.42%₹656Earlier GMP
20-Sep-2026₹362₹16₹3784.42%₹656Earlier GMP
19-Sep-2026₹362₹15₹3774.14%₹615Earlier GMP
18-Sep-2026₹362₹15₹3774.14%₹615Earlier GMP

* Estimated listing price is calculated by adding the reported GMP to the IPO upper price band. Estimated profit per lot is calculated as GMP × lot size. Latest calculation: ₹6 × 41 shares = ₹246. GMP-based figures are indicative and may differ from the actual listing price.

Elevate Campuses IPO Details

IPO NameElevate Campuses IPO
CompanyElevate Campuses Limited
IPO TypeBook Building Issue
Issue Size₹2,100 Crore
Fresh Issue5,80,11,049 Shares
Offer for SaleNil
Listing ExchangeNSE & BSE
Open Date23 September 2026
Close Date25 September 2026
Allotment Date28 September 2026
Refund / Unblock Date29 September 2026
Demat Credit29 September 2026
Listing Date30 September 2026
Price Band₹343 to ₹362 per share
Face Value₹1 per share
Lot Size41 Shares
Minimum Investment₹14,842
Latest GMP₹6
Previous GMP₹8 on 22 September 2026
Estimated Listing Price₹368
Estimated Gain1.66%
Estimated Profit Per Lot₹246
Last GMP Update23 September 2026
RegistrarKFin Technologies Limited
Book Running Lead Managers IIFL Capital Services Limited, Morgan Stanley India Company Private Limited, JM Financial Limited

Elevate Campuses IPO GMP Profit Estimate

Based on the latest GMP of ₹6 and the upper IPO price of ₹362, the estimated listing price is ₹368 per share.

ParticularCalculationAmount
IPO Investment₹362 × 41 Shares₹14,842
Estimated Listing Value₹368 × 41 Shares₹15,088
Estimated Gain₹15,088 − ₹14,842 ₹246

If the GMP remains at ₹6 until listing, one lot of 41 shares would indicate an estimated GMP-based gain of approximately ₹246.

Elevate Campuses IPO GMP Update

Latest Grey Market Premium

GMP Date: 23 September 2026

Latest GMP: ₹6

Previous GMP: ₹8 on 22 September 2026

IPO Upper Price ₹362 + GMP ₹6 = ₹368

The current GMP indicates an estimated listing price of ₹368 per share.

This represents an indicative listing gain of 1.66% over the upper IPO price of ₹362.

For one lot of 41 shares, the indicative GMP-based profit is ₹246.

The GMP has decreased by ₹2 compared with the previous reported GMP of ₹8 on 22 September 2026.

Grey-market premiums can fluctuate significantly before the official listing and should be treated only as an unofficial market-sentiment indicator.

What Is Elevate Campuses IPO GMP?

IPO GMP means Initial Public Offering Grey Market Premium. It refers to the premium at which an IPO may be informally traded in the grey market before the shares begin trading on the stock exchange.

A positive GMP can indicate that grey-market participants are quoting the IPO above its issue price. However, grey-market activity is unofficial and the premium can change based on demand, market sentiment and other factors.

Elevate Campuses IPO GMP Formula:

Estimated Listing Price = IPO Upper Price Band + Latest GMP

₹362 + ₹6 = ₹368

Estimated Gain = (₹6 ÷ ₹362) × 100 = 1.66%

Estimated Profit Per Lot = ₹6 × 41 = ₹246

The actual Elevate Campuses IPO listing price may be higher or lower than the GMP-based estimate. Investors should not use GMP alone as the basis for an investment decision.

Elevate Campuses Company Overview

Elevate Campuses Limited is an education infrastructure platform focused on owning, operating and managing on-campus student accommodation for higher education institutions and owning K-12 education assets.

The company operates in the institutional real-estate and education-infrastructure space, with its student accommodation business serving higher education institutions.

Elevate Campuses operates student accommodation under the Good Host Spaces and ScholarZ brands and has a presence across multiple cities in India, along with operations in the United Arab Emirates.

The company was originally incorporated as Woodstock Ambience Private Limited in 2005 and subsequently developed its institutional accommodation and education infrastructure business.

The IPO proceeds are part of the company’s capital-raising plans and the issue represents a fresh issue of equity shares.

Elevate Campuses IPO Key Details

ParticularElevate Campuses IPO Information
IPO TypeBook Building IPO
Issue StructureFresh Issue
Total Fresh Issue5,80,11,049 Shares
Upper Price Band₹362
Lower Price Band₹343
Issue Size₹2,100 Crore
Lot Size41 Shares
Retail Minimum Investment₹14,842
Retail Maximum Lots13 Lots
Listing ExchangeNSE & BSE
Expected Listing Date30 September 2026
Latest GMP₹6

Elevate Campuses IPO Important Dates

IPO EventDate
IPO Opens23 September 2026
IPO Closes25 September 2026
Basis of Allotment28 September 2026
Refund / Unblocking29 September 2026
Shares Credited to Demat29 September 2026
Listing30 September 2026

Elevate Campuses IPO GMP FAQs

What is Elevate Campuses IPO GMP today?
Elevate Campuses IPO GMP is ₹6 as of 23 September 2026.

What is the expected listing price of Elevate Campuses IPO?
Based on the upper IPO price of ₹362 and GMP of ₹6, the estimated listing price is ₹368 per share.

What is the expected gain from Elevate Campuses IPO GMP?
The current GMP of ₹6 indicates an estimated gain of approximately 1.66% over the upper IPO price of ₹362.

What is the estimated profit per lot?
With a lot size of 41 shares, the GMP-based estimated profit is ₹246 per lot.

What is the Elevate Campuses IPO price band?
The Elevate Campuses IPO price band is ₹343 to ₹362 per share.

What is the Elevate Campuses IPO lot size?
The lot size is 41 shares.

What is the minimum investment in Elevate Campuses IPO?
At the upper price band, the minimum investment is ₹14,842 for one lot of 41 shares.

When will Elevate Campuses IPO open?
Elevate Campuses IPO opens for subscription on 23 September 2026.

When will Elevate Campuses IPO close?
Elevate Campuses IPO closes on 25 September 2026.

When is Elevate Campuses IPO allotment?
The tentative allotment date is 28 September 2026.

When is Elevate Campuses IPO listing?
The tentative Elevate Campuses IPO listing date is 30 September 2026 on NSE and BSE.

Who is the registrar of Elevate Campuses IPO?
KFin Technologies Limited is the registrar of the IPO.

Disclaimer:

Elevate Campuses IPO GMP is based on unofficial grey-market indications and is provided only for informational purposes. GMP can change at any time and does not guarantee the actual listing price or investment returns. The estimated listing price, percentage gain and profit shown above are calculated using the IPO upper price band and the reported GMP. Grey-market transactions are unofficial and unregulated. Investors should conduct their own research and due diligence before making any investment decision.