FY26
Assets5,773.35
Net Worth956.29
Total Debt4,120.53
RevenueAnnualised basis568.63
EBITDAAnnualised basis545.00
PATAnnualised basis173.76
EBITDA Margin (%)95.84
At a glance
Updated 2026-09-28 16:21:16Elevate Campuses is an IPO with an issue size of ₹2,100.00 crore, proposed for listing on NSE EMERGE. The offer opens on 23 Sep 2026 and closes on 25 Sep 2026. The current listing schedule points to 30 Sep 2026.
Issue details
Listing atNSE EMERGE
Issue size₹2,100.00 Cr
Price band₹343.00–₹343.00
Allotment28 Sep 2026
Listing30 Sep 2026
Grey market
GMP page ↗Latest GMP₹86.00
GMP / upper price25.07%
Est. listing₹378.00
GMP is unofficial sentiment data, not an exchange price.
Timeline
Opens23 Sep 2026
Closes25 Sep 2026
Allotment28 Sep 2026
Listing30 Sep 2026
Subscription demand
Full bidding ↗QIB8.00×
sHNI0.01×
bHNI0.00×
NII / HNI0.00×
Retail0.05×
Total1.79×
Lot size
| Investor | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 41 | ₹14,842 |
| Retail (Max) | 13 | 533 | ₹192,946 |
| S-HNI (Min) | 14 | 574 | ₹207,788 |
| S-HNI (Max) | 67 | 2747 | ₹994,414 |
| B-HNI (Min) | 68 | 2788 | ₹1,009,256 |
Company
Use of proceeds
| Object | Amount |
|---|---|
| Payment of the purchase consideration for the acquisition | ₹1,100.00 Cr |
| Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties | ₹750.00 Cr |
| Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes | — |
Financial performance
Year-wise operating scale, profitability and balance-sheet context.Assets1,850.00₹ Cr · -12.1% vs prior year
Net Worth576.99₹ Cr · -12.0% vs prior year
FY25
Assets2,421.18
Net Worth702.71
Total Debt1,206.60
RevenueAnnualised basis368.81
EBITDAAnnualised basis259.32
PATAnnualised basis52.65
EBITDA Margin (%)70.31
FY24
Assets2,104.74
Net Worth655.77
Total Debt984.71
RevenueAnnualised basis347.00
EBITDAAnnualised basis220.13
PATAnnualised basis39.70
EBITDA Margin (%)63.44
FY23
Assets1,850.00
Net Worth576.99
Total Debt1,026.11
RevenueAnnualised basis292.50
EBITDAAnnualised basis186.64
PATAnnualised basis29.00
EBITDA Margin (%)63.81
Peer comparison
| Company | EPS | P/E | RoNW | NAV |
|---|---|---|---|---|
| Elevate Campuses IPO | — | 35.11 x | — | — |
| Physics Wallah IPO | — | -62.06 x | — | — |
| Jaro Institute IPO | — | 38.17 x | — | — |
| Crizac Limited IPO | — | 28.03 x | — | — |
Registrar & lead managers
Lead managers
- Location
Offer documents
Data is reconciled from multiple public IPO sources. Official exchange filings and offer documents remain the source of truth. Last verified 2026-09-28 16:21:16.
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