Elevate Campuses IPO Allotment Status: Check Online via KFin Technologies, BSE & NSE

Elevate Campuses IPO allotment is scheduled for Monday, 28 September 2026. This guide explains when allotment should be visible, where to check it, and what happens after allotment.

Key Takeaways

• Allotment date: Elevate Campuses IPO allotment is expected on Monday, 28 September 2026, the next working day after bidding closes.
• Entirely a fresh issue: The ₹2,100 crore IPO carries no offer-for-sale component — every rupee raised is new capital for the company, not an exit for existing shareholders.
• Price band and lot size: Shares are priced at ₹343–₹362 each, with a minimum retail lot of 41 shares, or ₹14,842 at the upper band.
• Listing date: Elevate Campuses shares are tentatively set to list on BSE and NSE on Wednesday, 30 September 2026.
• Registrar: KFin Technologies Ltd. is managing the allotment process and hosts the official status-check portal.
• Use of proceeds: ₹1,100 crore of the fresh issue funds K-12 school-asset acquisitions from promoter-linked entities, and ₹750 crore goes toward debt repayment.

Elevate Campuses IPO: Key Details at a Glance

What is the Elevate Campuses IPO Timeline?

When Will Elevate Campuses IPO Allotment Be Out?

Elevate Campuses IPO closes for bidding on Friday, 25 September 2026. Under SEBI’s standard T+1 allotment framework, the registrar would ordinarily finalise the basis of allotment the very next working day; but 26 and 27 September 2026 fall on a Saturday and Sunday, so that step shifts to the next working day, Monday, 28 September 2026.

Allotment status should go live on KFin Technologies’ portal, and on the BSE and NSE websites, by the evening of 28 September. The same weekend adjustment pushes refunds and demat credit to Tuesday, 29 September 2026, and listing to Wednesday, 30 September 2026, each step landing exactly one working day after the last, once the intervening weekend is accounted for.

How to Check Elevate Campuses IPO Allotment Status

Method 1: Via KFin Technologies Ltd. (Registrar)

KFin Technologies Ltd. is the official registrar for this IPO and the fastest source for allotment data, since it manages the process directly.

• Visit the KFin Technologies Ltd. IPO allotment status page.
• Select “Elevate Campuses Limited” from the company dropdown.
• Choose your verification method — PAN, Application Number, or DP/Client ID.
• Enter the details and submit to view your allotment status.

Method 2: Via BSE

• Visit the BSE Application Status Check page.
• Select “Elevate Campuses Limited” as the issue name.
• Enter your Application Number and PAN.
• Submit to view your status. Data stays available on BSE for about a week after issue closure.

Method 3: Via NSE

• Visit NSE’s bid verification page.
• Complete one-time registration with your PAN if you haven’t already.
• Select “Elevate Campuses Limited” and view your application status.

How is the Basis of Allotment Decided?

The basis of allotment follows SEBI’s standard framework and is the same across mainboard IPOs, including Elevate Campuses. In the retail category, if the issue is oversubscribed, allotment is done through a computerised lottery (draw of lots), so each successful applicant gets at least one full lot rather than a partial allocation. In the NII and QIB categories, allotment is proportionate to the shares bid for, subject to the rounding rules the registrar applies when a category is oversubscribed.

What Happens If You’re Not Allotted Shares?

If you are not allotted shares in the Elevate Campuses IPO, no action is required on your part. For ASBA applications, the amount blocked in your bank account is released automatically once the basis of allotment is finalised on Monday, 28 September 2026; the funds simply become available again, with no separate refund transaction needed. For non-ASBA payment modes, KFin Technologies initiates the refund to the source account by Tuesday, 29 September 2026. Investors who receive a partial allotment get shares for the allotted portion credited to their demat account and a refund for the balance amount, on the same schedule.

What Will Elevate Campuses Do With the IPO Proceeds?

There is no offer-for-sale in the Elevate Campuses IPO, so unlike issues with an OFS component, none of the money raised is going to an existing shareholder cashing out; the full ₹2,100 crore is fresh capital flowing to the company itself. Per the RHP, the company plans to deploy net proceeds in two main directions: approximately ₹1,100 crore toward acquiring K-12 school entities and campuses from fellow subsidiaries of its promoters, and ₹750 crore toward repaying or prepaying borrowings at the company and select subsidiaries, including GHS Shoolini, GHS Sonipat, Data Ram Sons Private Limited, Souk HIS UAE, and Souk NLCS UAE. The remaining balance is earmarked for future inorganic growth opportunities and general corporate purposes.

What is Elevate Campuses Limited?

Elevate Campuses Limited operates an education-infrastructure platform spanning two businesses: on-campus student housing and K-12 school real estate. Under its Good Host Spaces and ScholarZ brands, the company owns and manages student accommodation across India and one location in Dubai, housing roughly 80,255 students, about 20,368 beds across campuses it owns outright, and 55,487 beds at campuses it operates under long-term contracts with institutions such as Manipal and O.P.

Jindal Global University. Its K-12 arm owns school real estate, including two Dubai properties acquired in September 2025, which it leases to third-party school operators rather than running the schools itself. The company’s operating business traces back to Good Host Spaces, a student-housing venture founded in 2017 by Nimesh Grover. The listed entity itself was originally incorporated in 2005 as Woodstock Ambience Private Limited, later renamed Good Host Spaces, and took its current name, Elevate Campuses Limited, in September 2025 ahead of the IPO.

The company has SEBI-defined promoters: Genius Bidco Holdings Pte. Ltd. and Genius Rajkot Investment Holdings Pte. Ltd., two Singapore-incorporated investment vehicles ultimately controlled by global alternative-asset manager Hillhouse Investment. The promoter entities hold 100% of the company ahead of the IPO, a stake that dilutes to roughly 65.58% after the fresh issue.

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