Business Overview
Elevate Campuses owns, operates and manages on-campus student accommodation across higher education institutions (HEIs) and also owns K–12 assets. As per the CBRE Report, as of August 31, 2025, the Company has a total capacity to accommodate 94,758 students across 21 cities. It partners with HEIs and K–12 school operators to provide quality learning environments that support student wellbeing, holistic development and academic success. Its student housing operations are conducted under the “Good Host Spaces” and “ScholarZ” brands. Through its integrated infrastructure and management capabilities, Elevate Campuses aims to build inclusive educational communities by delivering modern accommodation and K–12 assets that foster all-round student growth.
Objects of Issue
- Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses
- Payment of borrowings & applicable penalties of the Company & subsidiaries GHS Shoolini, GHS Sonipat, Souk HIS UAE, and Souk NLCS UAE through investment in such subsidiaries.
- Funding inorganic growth through unidentified acquisitions, other strategic initiatives & general corporate purposes
Financial Performance
(Rs. in crores)
| Particulars | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Revenue | 369.81 | 347.00 | 292.50 |
| PAT | 52.65 | 39.69 | 29.00 |
| Net Worth | 702.71 | 655.77 | 576.99 |
| Borrowings | 1,206.60 | 984.71 | 1,026.12 |
| Assets | 2,421.18 | 2,104.74 | 1,850.00 |
| NAV (₹) | 317.90 | 291.27 | 256.28 |
| EPS (₹) | 23.81 | 17.94 | 13.11 |
KPIs
EBITDA
65.80%
PAT
13.36%
ROCE
10.02%
- All the data pertains to FY 2024-25.
- PE, PB, and market capitalization are calculated based on the Upper Price Band.
Shareholding
Promoter
100.00%
Public
0.00%
Management
Frequently Asked Questions
What is Elevate Campuses IPO?
When will Elevate Campuses IPO open?
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How to check allotment status of Elevate Campuses IPO?
How to apply Elevate Campuses IPO in Zerodha?
- Go to Kite App → Tap on Bids → Tap on IPO
- Select the IPO → Tap on apply → Enter UPI ID
- Enter Qty and Price
- Submit the application
- Approve the UPI Mandate on your UPI app
How to apply Elevate Campuses IPO in Groww?
- Go to Groww App → Stocks Section → Select IPO option
- Select the IPO you want to apply
- Enter your bid details and price
- Enter UPI ID & submit
- Approve the UPI Mandate on your UPI app
How to apply Elevate Campuses IPO using ASBA?
- Log in to your bank's net banking portal.
- Navigate to the 'IPO' or 'ASBA' section.
- Select Elevate Campuses IPO from the list of available IPOs.
- Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
- Submit the application.
- Money will remain blocked till the refund date