Elevate Campuses Limited SME IPO Analysis

STUDENT HOUSING & CO-LIVING | NSE SME

OPEN: 28-SEP-2026 CLOSE: 01-OCT-2026 LISTING: 07-OCT-2026

Elevate Campuses Limited SME IPO worth ₹20.50 Cr is in upcoming pipeline. Listing on NSE SME.

Elevate Campuses manages purpose-built student accommodation (PBSA) with over 4,500 beds near major higher education university hubs in Pune and Bengaluru.

₹88 - 94

PRICE BAND

+₹25

LIVE GMP

—

SUBSCRIPTION

₹20.50 Cr

ISSUE SIZE

₹119

EST. LISTING

Grey Market Valuation (GMP)

All GMP Feeds →

RECORDED PREMIUM (05-Nov-2026)

+₹25

▲ 26.60% estimated listing premium over upper price band

Disclaimer: Grey Market Premium (GMP) is an unofficial, unregulated sentiment indicator based on dealer communications. Investment decisions should be based on company offer documents (RHP/DRHP).

Issue Timeline & Key Dates

Bidding Schedule

OPENS

28-Sep-2026

CLOSES

01-Oct-2026

ALLOTMENT

02-Oct-2026

REFUNDS

05-Oct-2026

DEMAT CREDIT

05-Oct-2026

LISTING

07-Oct-2026

* All dates are tentative and subject to final exchange & registrar notifications.

Key Issue Parameters

Listing Exchange	NSE SME
Issue Structure	Book Built Issue
Total Issue Size	₹20.50 Cr (2,071,808 Shares)
Fresh Issue	₹20.50 Cr
Offer for Sale (OFS)	0.05 Cr Shares
Face Value	₹10 Per Equity Share
Official Registrar	Cameo Corporate Services
Lead Managers	Fedex Securities Pvt Ltd
Regulatory Filings	View DRHP / RHP

Reservation Quota Breakdown

INVESTOR CATEGORY	SHARES	% OF NET ISSUE	% OF TOTAL
QIB (Institutional)	1,035,904	49.93%	47.43%
• Anchor Portion	621,542	—	28.43%
• QIB (Ex-Anchor)	414,362	—	19.00%
NII (Non-Institutional / HNI)	1,035,904	15.03%	14.28%
• bNII (> ₹10L)	690,603	—	9.52%
• sNII (< ₹10L)	345,301	—	4.76%
Retail Individual (RII)	0	35.04%	33.28%
Market Maker Quota	109,043	—	5.01%
TOTAL ISSUE	2,180,851	100.00%	100.00%

Lot Size & Capital Allocation

Category	Lots	Shares	Investment Required (₹)
Retail (Min)	1 Lot	1,400 Shares	₹1,31,600
Retail (Max)	1 Lots	1,400 Shares	₹1,31,600
sHNI (Min ₹2L - ₹10L)	2 Lots	2,800 Shares	₹2,63,200
bHNI (Min > ₹10L)	8 Lots	11,200 Shares	₹10,52,800