Market News
Elevate Campuses IPO Listing: Date, Price & Listing Performance
Elevate Campuses IPO listed on September 30, 2026 at 355.1, below the unofficial grey market indication of 369.
· 2 min read
AI wrote this article from prospectus and exchange data, and software checked its figures against that data before publishing. How our content is made
Issue price
Elevate Campuses IPO was priced in the band of 343 to 362 per share. The face value was 1 per equity share.
| Particulars | Details |
|---|---|
| Price band | 343 to 362 per share |
| Face value | 1 per equity share |
| Issue size | Approx 2100 Crores |
| Issue type | Book build issue |
| Listing date | September 30, 2026 |
| Exchange | BSE, NSE |
GMP before listing
The latest unofficial grey market premium was 7 as of 30 Sept 2026, 8:57 am IST. That implied an estimated listing price of 369 and an estimated listing gain of 1.8%.
| GMP detail | Value |
|---|---|
| Unofficial grey market premium | 7 |
| Estimated listing price | 369 |
| Estimated listing percent | 1.8% |
| Time recorded | 30 Sept 2026, 8:57 am IST |
Actual listing price
The stock listed at 355.1 on September 30, 2026.
Listing gain or loss
The actual listing performance was a -1.91% loss.
| Particulars | Value |
|---|---|
| Listing price | 355.1 |
| Listing gain or loss | -1.91% |
Comparison with GMP
The actual listing price of 355.1 was below the unofficial grey market estimate of 369.
| Metric | Value |
|---|---|
| Estimated listing price from GMP | 369 |
| Actual listing price | 355.1 |
| Difference from GMP estimate | -13.9 |
What happened
Elevate Campuses had subscription of 1.85 times overall as of 25 Sept 2026, 7:00 pm IST. The latest figures showed QIB 2.66 times, NII 0.87 times, and RII 0.90 times.
On listing day, the stock opened below the unofficial grey market indication, so the market debut was weaker than the earlier premium signal. Based on the figures above, the listing outcome was modestly negative compared with the issue price.