Elevate Campuses IPO GMP Today
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.
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
IPO Upper Price Band: ₹362
Latest GMP: ₹6
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 Date | IPO Price | GMP | Estimated Listing | Estimated Gain | Estimated Profit/Lot | Status |
|---|---|---|---|---|---|---|
| 23-Sep-2026 | ₹362 | ₹6 | ₹368 | 1.66% | ₹246 | Latest GMP |
| 22-Sep-2026 | ₹362 | ₹8 | ₹370 | 2.21% | ₹328 | Previous GMP |
| 21-Sep-2026 | ₹362 | ₹16 | ₹378 | 4.42% | ₹656 | Earlier GMP |
| 20-Sep-2026 | ₹362 | ₹16 | ₹378 | 4.42% | ₹656 | Earlier GMP |
| 19-Sep-2026 | ₹362 | ₹15 | ₹377 | 4.14% | ₹615 | Earlier GMP |
| 18-Sep-2026 | ₹362 | ₹15 | ₹377 | 4.14% | ₹615 | Earlier 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 Name | Elevate Campuses IPO |
| Company | Elevate Campuses Limited |
| IPO Type | Book Building Issue |
| Issue Size | ₹2,100 Crore |
| Fresh Issue | 5,80,11,049 Shares |
| Offer for Sale | Nil |
| Listing Exchange | NSE & BSE |
| Open Date | 23 September 2026 |
| Close Date | 25 September 2026 |
| Allotment Date | 28 September 2026 |
| Refund / Unblock Date | 29 September 2026 |
| Demat Credit | 29 September 2026 |
| Listing Date | 30 September 2026 |
| Price Band | ₹343 to ₹362 per share |
| Face Value | ₹1 per share |
| Lot Size | 41 Shares |
| Minimum Investment | ₹14,842 |
| Latest GMP | ₹6 |
| Previous GMP | ₹8 on 22 September 2026 |
| Estimated Listing Price | ₹368 |
| Estimated Gain | 1.66% |
| Estimated Profit Per Lot | ₹246 |
| Last GMP Update | 23 September 2026 |
| Registrar | KFin 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.
| Particular | Calculation | Amount |
|---|---|---|
| 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
GMP Date: 23 September 2026
Latest GMP: ₹6
Previous GMP: ₹8 on 22 September 2026
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.
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
| Particular | Elevate Campuses IPO Information |
|---|---|
| IPO Type | Book Building IPO |
| Issue Structure | Fresh Issue |
| Total Fresh Issue | 5,80,11,049 Shares |
| Upper Price Band | ₹362 |
| Lower Price Band | ₹343 |
| Issue Size | ₹2,100 Crore |
| Lot Size | 41 Shares |
| Retail Minimum Investment | ₹14,842 |
| Retail Maximum Lots | 13 Lots |
| Listing Exchange | NSE & BSE |
| Expected Listing Date | 30 September 2026 |
| Latest GMP | ₹6 |
Elevate Campuses IPO Important Dates
| IPO Event | Date |
|---|---|
| IPO Opens | 23 September 2026 |
| IPO Closes | 25 September 2026 |
| Basis of Allotment | 28 September 2026 |
| Refund / Unblocking | 29 September 2026 |
| Shares Credited to Demat | 29 September 2026 |
| Listing | 30 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.
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.