Elevate Campuses IPO Details
MAINBOARD
Elevate Campuses IPO DRHP (Draft Red Herring Prospectus) has been Filed With SEBI.
The Lead Managers for Elevate Campuses IPO are crucial for the offering's success. They are responsible for a wide range of tasks, including preparing the company for the public market, managing the regulatory filings, and marketing the IPO to potential investors. The lead manager for this offering is Jm Financial Ltd, IIFL Capital Services Ltd, Morgan Stanley India Company Pvt Ltd. To assess their past performance and success in previous IPOs, you can view the Lead Manager Performance Summary report.
For detailed information, Refer to the Elevate Campuses Limited DRHP.
Elevate Campuses IPO Details
Elevate Campuses IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
To be announced | |||
Elevate Campuses IPO Reservation
Promoter Holding
Documents
Elevate Campuses IPO Valuations
Elevate Campuses Financial Information
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 702.71 | 655.77 | 576.99 |
| Total Income | 394.13 | 362.61 | 300.92 |
| Profit After Tax | 52.65 | 39.69 | 29.00 |
| EBITDA | 259.32 | 220.13 | 186.64 |
| NET Worth | 702.71 | 655.77 | 576.99 |
| Reserves and Surplus | 700.50 | 653.56 | 574.78 |
| Total Borrowing | 1,206.60 | 984.71 | 1,026.12 |
| Amount in ₹ Crore | |||
About Elevate Campuses IPO
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.”
The company’s Owned Portfolio includes five student accommodation campuses with 16,934 beds, 16 K-12 assets (three under development), and two student accommodation facilities managed by HEIs and owned by K-12 HoldCos across eight Indian cities, along with two K-12 assets in Dubai. The Managed Portfolio includes 14 student accommodation campuses with 49,338 beds. In addition, the company delivers community and campus technology services such as media coverage of HEIs and community event management.
The company collaborates with leading institutions including Manipal Academy of Higher Education (MAHE), Manipal University Jaipur (MUJ), and Meraki Education. Its integrated Elevate Platform combines student accommodation and K-12 assets, supporting students throughout their lifecycle.
Between Academic Year 2023 and August 2025, the company added 21,764 beds and six K-12 assets on a post-acquisition group basis. During the same period, its presence expanded from 17 cities and 23 institutes to 21 cities and 33 institutes, including both greenfield and brownfield K-12 developments.
As of August 31, 2025, Elevate Campuses Ltd. employed 397 full-time staff.
Strength Of Elevate Campuses IPO
Risk Of Elevate Campuses IPO
Objectives Elevate Campuses IPO
1. Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses;
2. 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, through investment in such Subsidiaries; and
3. Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes,
Company Contact Details
Elevate Campuses Ltd.
Naman Midtown, Unit No 902-906
9 th Floor, Tower B, Senapati Bapat Marg,
Lower Parel,
Mumbai, Maharashtra, 400013
Phone: +91 22 6820 1600
Email: companysecretary@elevatecampuses.com
Website: http://www.elevatecampuses.com/
Registrar Contact Details
Elevate Campuses IPO - FAQs
The Elevate Campuses IPO is a MAINBOARD public issue comprising 0 equity shares with a face value of ₹1 each, aggregating to a total issue size of . The issue price has been fixed at ₹0 per equity share, and the minimum application size is 0 shares.
The IPO opens for subscription on TBA, and closes on TBA.
Kfin Technologies Ltd has been appointed as the registrar to the issue. The equity shares are proposed to be listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).
As of now, the current GMP stands at TBA.