Elevate Campuses Ltd. has announced public offering of 58011049 shares at a price of Rs 1.00 each for Cash at a Premium of Rs 361.00 per share. The gross proceeds of the issue are expected to be Rs 2,10,000.00 lakhs.
The company's initial public offer (IPO) will open on 23 September 2026 and is expected to close on 25 September 2026, subject to customary closing conditions. The price band of the issue has been fixed at Rs 343.00-362.00 per share.
The IPO includes a fresh Issue of 58011049 Equity Shares of the Company at an price of Rs 362.00 per Equity Share. The company has fixed the minimum bid lot for the issue at 41 shares with bids in multiples of 41.
Elevate Campuses Ltd. anticipates using the proceeds of the issue for .
JM Financial Limited,IIFL Capital Services Limited,Morgan Stanley India Company Pvt. Ltd. as lead manager(s) & KFin Technologies Ltd. is the registrar, to the issue.