Mainboard • IPO

Elevate Campuses IPO IPO

Minimum Investment

Price Range

0.00

Lot Size

0 shares

Issue Size

₹2,550 Cr

About the Company

Incorporated in 2005, Elevate Campuses Ltd. owns, operates, and manages on-campus student accommodation across higher education institutions (HEIs) and K-12 assets. As of August 31, 2025, the company’s capacity caters to 94,758 students across 20 cities in India and one city in the United Arab Emirates. Its student accommodation business operates under the brands “Good Host Spaces” and “ScholarZ.”

Issue Type

Bookbuilding IPO

IPO Objectives

  • Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses;
  • Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable of availed by our Company and certain of our Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, throug
  • Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes,

Important Dates

Bid/Offer Opens On
Bid/Offer Closes On
Finalisation of Basis of Allotment
Initiation of Refunds
Credit of Shares to Demat
IPO Listing Date

Grey Market Premium (GMP)

Registrar

Kfin Technologies Ltd.

Lead Managers

  • JM Financial Ltd.
  • IIFL Capital Services Ltd.
  • Morgan Stanley India Co.Pvt.Ltd.

Company Promoters

  • Genius Bidco Holdings Pte. Ltd. and Genius Rajkot Investment Holdings Pte. Ltd. are the company promoters.\r\n