The ₹2,100 crore initial public offering (IPO) of Elevate Campus Limited, an education and student housing company, is scheduled to open on Wednesday, September 23, 2026. The company has set a price range of ₹343 to ₹362 per equity share. Investors will be able to bid for the issue until Friday, September 25, 2026. Bidding for anchor investors will open on September 22.
Investors can apply for a minimum of 41 shares. Subsequent bids can be made in multiples of 41 shares. The company plans to raise a total of up to ₹21,000 million (₹2,100 crore) through this offering.
Elevate Campuses owns, operates, and manages student housing on the campuses of higher education institutions in India. The company also owns K-12 school education assets. As of March 31, 2026, the company’s services reach a total student capacity of 80,255 across 15 cities in India and one city in the United Arab Emirates.
The company operates under the brands ‘Good Host Spaces’ and ‘ScholarZ’. Its portfolio includes seven owned student housing complexes with a capacity of 20,368 beds and 14 managed complexes with a capacity of 55,487 beds. At least 75 percent of the IPO will be reserved for qualified institutional buyers. A maximum of 15 percent is reserved for non-institutional investors and 10 percent for retail investors.
