Elevate Campuses IPO Allotment Status
Basis of Allotment: 28 September 2026
The Elevate Campuses IPO opened for subscription on 23 September 2026 and closed on 25 September 2026. Investors can check their allotment status after the basis of allotment is finalised through KFin Technologies, NSE or BSE using their PAN number, application number or DP ID / Client ID.
Elevate Campuses IPO Allotment Status 2026
Elevate Campuses IPO allotment is scheduled for 28 September 2026. The basis of allotment is expected to be finalised after the IPO closed on 25 September 2026.
Elevate Campuses Limited launched its mainboard IPO with a price band of ₹343 to ₹362 per share and a minimum lot size of 41 shares.
At the upper price band, one retail lot requires an investment of ₹14,842.
The Elevate Campuses IPO comprises an entirely fresh issue of approximately 5.80 crore equity shares, aggregating to ₹2,100 crore.
KFin Technologies Limited is the registrar to the Elevate Campuses IPO and is responsible for processing the allotment and related investor services.
How to Check Elevate Campuses IPO Allotment Status
Investors can check their Elevate Campuses IPO allotment status online after the basis of allotment is finalised on 28 September 2026. The status can be checked using PAN, application number or DP ID / Client ID.
Elevate Campuses IPO Allotment Status Links
| Platform | Purpose | Details Required |
|---|---|---|
| KFin Technologies | Official IPO registrar and allotment status | PAN / Application No. / DP ID / Client ID |
| NSE | IPO bid and application information | PAN / Application Details |
| BSE | IPO application status | PAN / Application No. |
Elevate Campuses IPO Details
| IPO Name | Elevate Campuses IPO |
| Company | Elevate Campuses Limited |
| IPO Type | Mainboard IPO |
| Issue Type | Book Built Issue |
| Issue Structure | Fresh Issue |
| Exchange | NSE & BSE |
| IPO Open Date | 23 September 2026 |
| IPO Close Date | 25 September 2026 |
| Basis of Allotment | 28 September 2026 |
| Refund / Fund Release | 29 September 2026 |
| Share Credit | 29 September 2026 |
| Listing Date | 30 September 2026 |
| Price Band | ₹343 to ₹362 per share |
| Lot Size | 41 Shares |
| Minimum Investment | ₹14,842 |
| Issue Size | ₹2,100 Crore |
| Fresh Issue | 5,80,11,049 Equity Shares |
| Offer for Sale | Nil |
| Face Value | ₹1 per share |
| Registrar | KFin Technologies Limited |
| Lead Managers | JM Financial Limited, IIFL Capital Services Limited, Morgan Stanley India Company Private Limited |
What Happens After Elevate Campuses IPO Allotment?
After the basis of allotment is finalised, successful applicants will receive Elevate Campuses shares in their demat accounts. Investors who do not receive shares will have their blocked funds released according to the IPO timeline.
IPO Opens: 23 September 2026
IPO Closes: 25 September 2026
Basis of Allotment: 28 September 2026
Refund / Fund Release: 29 September 2026
Share Credit: 29 September 2026
Listing: 30 September 2026
Elevate Campuses IPO Allotment Result
Once the allotment is finalised and uploaded by KFin Technologies, applicants can enter their PAN number, application number or DP ID / Client ID on the registrar portal to check whether Elevate Campuses IPO shares have been allotted.
If shares are allotted, the number of Elevate Campuses shares allotted will appear against your application. The shares are scheduled to be credited to successful investors’ demat accounts on 29 September 2026, ahead of the scheduled listing on 30 September 2026.
If no shares are allotted, the amount blocked for the IPO application is scheduled to be released on 29 September 2026, subject to the applicable processing timeline. Investors should check their bank account or UPI mandate for the release of blocked funds.
About Elevate Campuses Limited
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 school assets.
The company operates across multiple locations and provides student accommodation and education-related infrastructure services through its business platforms and brands.
Elevate Campuses has a diversified footprint across India and the UAE, with its business covering student accommodation, campus operations and K-12 education assets.
Elevate Campuses IPO Objects of the Issue
The proceeds from the fresh issue are proposed to be used for payment of the purchase consideration for the acquisition of K-12 entities and campuses.
A portion of the proceeds is proposed to be used for repayment and/or prepayment of certain outstanding borrowings of the company and specified subsidiaries.
The remaining proceeds are proposed to support inorganic growth, unidentified acquisitions, strategic initiatives and general corporate purposes, subject to the terms of the offer documents.
Elevate Campuses IPO Subscription Status
The Elevate Campuses IPO was open for subscription from 23 September 2026 to 25 September 2026.
| Investor Category | Subscription |
|---|---|
| Qualified Institutional Buyers (QIB) | 2.66x |
| Non-Institutional Investors (NII) | 0.89x |
| Retail Individual Investors (RII) | 1.07x |
| Total | 1.89x |
The final reported subscription was approximately 1.89 times overall, based on the final-day subscription data available after the issue closed.
Elevate Campuses IPO Lot Size and Investment
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 1 | 41 | ₹14,842 |
| Retail Maximum | 13 | 533 | ₹1,92,946 |
| S-HNI Minimum | 14 | 574 | ₹2,07,788 |
| S-HNI Maximum | 67 | 2,747 | ₹9,94,414 |
| B-HNI Minimum | 68 | 2,788 | ₹10,09,256 |
Elevate Campuses IPO Allotment FAQs
When is Elevate Campuses IPO allotment date?
The Elevate Campuses IPO allotment is scheduled to be finalised
on 28 September 2026.
How can I check Elevate Campuses IPO allotment status?
Investors can check the allotment status through
KFin Technologies and can also check IPO-related
application information through NSE or BSE using their PAN,
application number or DP ID / Client ID.
Who is the registrar of Elevate Campuses IPO?
KFin Technologies Limited is the registrar
to the Elevate Campuses IPO.
When will Elevate Campuses IPO shares be credited?
The scheduled demat credit date is
29 September 2026.
When will Elevate Campuses IPO be listed?
The scheduled listing date is
30 September 2026 on NSE and BSE.
What is the price band of Elevate Campuses IPO?
The price band is ₹343 to ₹362 per share.
What is the lot size of Elevate Campuses IPO?
The minimum lot size is 41 shares.
What is the minimum investment in Elevate Campuses IPO?
At the upper price band of ₹362, one lot of 41 shares requires
₹14,842.
What is the issue size of Elevate Campuses IPO?
The IPO has an issue size of approximately
₹2,100 crore.
Is Elevate Campuses IPO a fresh issue or OFS?
The IPO comprises an entirely
fresh issue, with no offer-for-sale component.
What is the issue type of Elevate Campuses IPO?
It is a book-built issue.
Which exchanges will list Elevate Campuses shares?
The shares are scheduled to be listed on
NSE and BSE.
Who are the lead managers of Elevate Campuses IPO?
The lead managers are
JM Financial Limited, IIFL Capital Services Limited and
Morgan Stanley India Company Private Limited.
What is the face value of Elevate Campuses shares?
The face value is ₹1 per equity share.
What was the final subscription of Elevate Campuses IPO?
The IPO received approximately
1.89x overall subscription, with QIB at
2.66x, NII at 0.89x and retail at 1.07x in the reported final-day data.
What are the refund and share-credit dates?
The scheduled refund/fund release and demat share-credit date is
29 September 2026.
IPO allotment information is provided for informational and educational purposes only. The final allotment is determined by the registrar based on the approved basis of allotment. Investors should verify their individual allotment status only through the official registrar or stock-exchange portals. TradingMinds does not guarantee IPO allotment or investment returns.
