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Elevate Campuses IPO Subscription Status

Q: What is the current subscription status of Elevate Campuses IPO?

As of IPO close date (25 Sep, 2026), the Elevate Campuses IPO is subscribed 1.79x times. Retail category is 1.01x, and NII is 0.84x subscribed.

Q: When is the allotment date for Elevate Campuses IPO?

The allotment for Elevate Campuses IPO is expected to be finalized on 28 September, 2026.

Q: What is the GMP of Elevate Campuses?

The Grey Market Premium (GMP) for Elevate Campuses is currently ₹6.5, indicating a potential listing gain of 1.80%.

Q: When will Elevate Campuses IPO list on the stock market?

Elevate Campuses is scheduled to list on BSE and NSE on 30 September, 2026.

Q: What are the chances of getting allotment in Elevate Campuses IPO?

The retail category is oversubscribed at 1.01x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

Q: What does QIB subscription of 2.52x mean for Elevate Campuses IPO?

Moderate — QIBs have subscribed 2.52x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

Q: How to check Elevate Campuses IPO allotment status?

After the allotment date (28 Sep, 2026), you can check your Elevate Campuses IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Elevate Campuses IPO was subscribed 1.79 times when bidding closed on 25 Sep 2026: QIB 2.52x, NII 0.84x, Retail 1.01x.

The Elevate Campuses IPO has been subscribed 1.79x times overall. Retail investors have shown interest with bids for 1.01x the shares available. The Non-Institutional Investor (NII) category has been subscribed 0.84x. Within NII, Big HNI (B-HNI) subscribed 0.83x and Small HNI (S-HNI) subscribed 0.88x. Qualified Institutional Buyers (QIBs) have subscribed 2.52x. Data last updated on 30 Sep, 06:30 PM.

The IPO subscription period has ended. The issue opened on 23 Sep, 2026 and closes on 25 Sep, 2026. The shares are expected to list on stock exchanges on 30 Sep, 2026.

Full details Check GMP

Final subscription

1.79x

82,305 applications

Category-wise bids →

QIB

2.52x

Institutions · proportionate allotment

Why QIB matters →

NII / HNI

0.84x

bNII 0.83x · sNII 0.88x

HNI allotment odds →

Retail

1.01x

Lottery for 1 lot — about 1 in 2

Retail allotment odds →

Researched & reviewed by Abhishek Vohera, Founder, IPO Guru Last updated 30 Sep 2026, 6:30 PM IST Figures sourced from the RHP, BSE & NSE

Live bidding

Shares bid against shares offered, category by category, as published by the exchanges. Switch to Detailed for the exchange's own sub-category rows.

Category	Offered	Applied	Amount (Cr)	Bid details	Times
QIB	1,83,67,347	4,63,16,552	1,676.66 Cr	4,63,16,552 of 1,83,67,347 39 applications 1,676.66 Cr	2.52x
1(a) Foreign Institutional Investors (FIIs)		2,17,82,685	788.53 Cr	2,17,82,685 788.53 Cr
1(b) Domestic Financial Institutions (Banks/FIs/Insurance)		21,82,307	79.00 Cr	21,82,307 79.00 Cr
1(c) Mutual Funds		1,02,04,285	369.40 Cr	1,02,04,285 369.40 Cr
1(d) Others		1,21,47,275	439.73 Cr	1,21,47,275 439.73 Cr
NII	91,83,673	77,58,512	280.86 Cr	77,58,512 of 91,83,673 3,791 applications 280.86 Cr	0.84x
2.1 Big NII — bid amount above ₹10 Lakh	61,22,449	50,61,450	183.22 Cr	50,61,450 541 applications 183.22 Cr	0.83
2.1(a) Corporates		14,39,674	52.12 Cr	14,39,674 52.12 Cr
2.1(b) Individuals (other than RIIs)		34,03,205	123.20 Cr	34,03,205 123.20 Cr
2.1(c) Others		2,18,571	7.91 Cr	2,18,571 7.91 Cr
2.2 Small NII — bid amount ₹2–10 Lakh	30,61,224	26,97,062	97.63 Cr	26,97,062 3,250 applications 97.63 Cr	0.88
2.2(a) Corporates		20,746	0.75 Cr	20,746 0.75 Cr
2.2(b) Individuals (other than RIIs)		23,60,780	85.46 Cr	23,60,780 85.46 Cr
2.2(c) Others		3,15,536	11.42 Cr	3,15,536 11.42 Cr
Retail	61,22,448	62,11,705	224.86 Cr	62,11,705 of 61,22,448 78,475 applications 224.86 Cr	1.01x
TOTAL	3,36,73,468	6,02,86,769	2,182.38 Cr	6,02,86,769 82,305 applications 2,182.38 Cr	1.79x

Elevate Campuses IPO Basis of Allotment

Final Final figures published by the registrar, after technical rejections. Allotment price ₹362.

Applications

82,345

Allottees

82,345

Overall odds

All allotted

Amount collected

₹3,134 Cr

Category	AppsApplications	Shares Applied	Shares Allotted	GotAllottees	Odds
QIB 1.68x subscribed	79	7,29,61,714 ₹2,641 Cr	4,44,28,999 1.68x subscribed	79	AllAll allotted
Ex. Anchor Ex. Anchor	39	4,63,04,375	1,83,24,027 · 2.66x	39	AllAll allotted
Anchor Anchor Investors	40	2,66,57,339	2,61,04,972 · 1.02x	40	AllAll allotted
NII (HNI) 0.88x subscribed	3,791	76,58,185 ₹277 Cr	76,58,185 0.88x subscribed	3,791	AllAll allotted
bNII >₹10L bNII — above ₹10 Lakh	541	50,42,385	50,42,385 · 0.87x	541	AllAll allotted
sNII <₹10L sNII — below ₹10 Lakh	3,250	26,15,800	26,15,800 · 0.90x	3,250	AllAll allotted
Retail 1.03x subscribed	78,475	59,67,837 ₹216 Cr	59,23,865 1.03x subscribed	78,475	AllAll allotted
TOTAL 1.49x subscribed	82,345	8,65,87,736	5,80,11,049 1.49x subscribed	82,345	AllAll allotted

Subscription insights

What the current book is saying, read off the category numbers above.

Retail Allotment

Subscription is above 1x. While a lottery is guaranteed, your probability of allotment is approximately 99% for a single lot.

Day-wise subscription history

End-of-day subscription across the 3-day bidding window. On phones, tap a day for the category split.

Date	Total	QIB	BHNI	SHNI	Retail
25 Sep 2026 Day 3	1.79x	2.52x	0.83x	0.88x	1.01x	▼
QIB2.52x BHNI0.83x SHNI0.88x Retail1.01x
24 Sep 2026 Day 2	0.23x	0.18x	0.46x	0.06x	0.23x	▼
QIB0.18x BHNI0.46x SHNI0.06x Retail0.23x
23 Sep 2026 Day 1	0.2x	0.18x	0.44x	0.02x	0.13x	▼
QIB0.18x BHNI0.44x SHNI0.02x Retail0.13x

Elevate Campuses IPO dates

From the bidding window to listing. Today is 13 October.

Key dates Listed

Open 23 Sep 2026
Close 25 Sep 2026
Allotment 28 Sep 2026
Refund/credit 29 Sep 2026
Listing 30 Sep 2026

Anchor investor allocation

Shares allotted to anchor investors the working day before the issue opened.

#	Anchor Investor	Group Entity	Shares Allotted	Amt (₹ cr.)	% Allocated	% of Issue
1	SBI MULTI ASSET ALLOCATION FUND	SBI MUTUAL FUND	2762416	₹100.00 Cr	10.58%	4.76%
2	SBI MULTICAP FUND	SBI MUTUAL FUND	2486158	₹90.00 Cr	9.52%	4.29%
3	HDFC BALANCED ADVANTAGE FUND	HDFC MUTUAL FUND	1657466	₹60.00 Cr	6.35%	2.86%
4	360 ONE REAL ASSETS DEVELOPMENT FUND	360 ONE	1519337	₹55.00 Cr	5.82%	2.62%
5	360 ONE BEST IN CLASS	360 ONE	1381208	₹50.00 Cr	5.29%	2.38%
6	MIRAE ASSET AGGRESSIVE HYBRID FUND	MIRAE ASSET MUTUAL FUND	1243079	₹45.00 Cr	4.76%	2.14%
7	BANDHAN SMALL CAP FUND	BANDHAN MUTUAL FUND	1243079	₹45.00 Cr	4.76%	2.14%
8	ASHOKA WHITEOAK ICAV-ASHOKA WHITEOAK INDIA OPPORTUNITIES FUND	ASHOKA WHITEOAK	980392	₹35.49 Cr	3.76%	1.69%
9	GOVERNMENT PENSION FUND GLOBAL	GOVERNMENT PENSION FUND GLOBAL	966821	₹35.00 Cr	3.70%	1.67%
10	TATA AIG GENERAL INSURANCE CO.LTD.	TATA AIG GENERAL INSURANCE	966821	₹35.00 Cr	3.70%	1.67%
11	SBI RETIREMENT BENEFIT FUND-AGGRESSIVE PLAN	SBI MUTUAL FUND	949765	₹34.38 Cr	3.64%	1.64%
12	WHITEOAK CAPITAL REIT & INVIT ALTERNATES FUND I	WHITEOAK	828733	₹30.00 Cr	3.17%	1.43%
13	SBI INFRASTRUCTURE FUND	SBI MUTUAL FUND	690604	₹25.00 Cr	2.65%	1.19%
14	HDFC RETIREMENT SAVINGS FUND-EQUITY PLAN	HDFC MUTUAL FUND	690604	₹25.00 Cr	2.65%	1.19%
15	MAGNUM HYBRID LONG SHORT FUND	SBI MUTUAL FUND	552475	₹20.00 Cr	2.12%	0.95%
16	PGIM INDIA SMALL CAP FUND	PGIM INDIA MUTUAL FUND	549851	₹19.90 Cr	2.11%	0.95%
17	INTEGRATED CORE STRATEGIES (ASIA) PTE.LTD.	INTEGRATED CORE	483390	₹17.50 Cr	1.85%	0.83%
18	SOCIETE GENERALE-ODI	SOCIETE GENERAL	483390	₹17.50 Cr	1.85%	0.83%
19	PGIM INDIA FLEXI CAP FUND	PGIM INDIA MUTUAL FUND	416970	₹15.09 Cr	1.60%	0.72%
20	BOFA SECURITIES EUROPE SA-ODI	BOFA SECURITIES	414387	₹15.00 Cr	1.59%	0.71%
21	HDFC HOUSING OPPORTUNITIES FUND	HDFC MUTUAL FUND	414346	₹15.00 Cr	1.59%	0.71%
22	MIRAE ASSET MULTI ASSET ALLOCATION FUND	MIRAE ASSET MUTUAL FUND	414346	₹15.00 Cr	1.59%	0.71%
23	ASHOKA INDIA EQUITY INVESTMENT TRUST PLC	ASHOKA	400816	₹14.51 Cr	1.54%	0.69%
24	WHITEOAK CAPITAL FLEXI CAP FUND	WHITEOAK CAPITAL MUTUAL FUND	400570	₹14.50 Cr	1.53%	0.69%
25	SBI RETIREMENT BENEFIT FUND-AGGRESSIVE HYBRID PLAN	SBI MUTUAL FUND	392903	₹14.22 Cr	1.51%	0.68%
26	SBI LONG TERM ADVANTAGE FUND-SERIES V	SBI MUTUAL FUND	276258	₹10.00 Cr	1.06%	0.48%
27	SBI LONG TERM ADVANTAGE FUND-SERIES VI	SBI MUTUAL FUND	276258	₹10.00 Cr	1.06%	0.48%
28	MIRAE ASSET INFRASTRUCTURE FUND	MIRAE ASSET MUTUAL FUND	276258	₹10.00 Cr	1.06%	0.48%
29	AMUNDI FUNDS INDIA EQUITY CONTRA	AMUNDI	276258	₹10.00 Cr	1.06%	0.48%
30	EDELWEISS RECENTLY LISTED IPO FUND	EDELWEISS MUTUAL FUND	276258	₹10.00 Cr	1.06%	0.48%
31	GROWW SMALL CAP FUND	GROWW MUTUAL FUND	276258	₹10.00 Cr	1.06%	0.48%
32	IKIGAI SMALL CAP FUND	IKIGAI	276258	₹10.00 Cr	1.06%	0.48%
33	WHITEOAK CAPITAL MULTI CAP FUND	WHITEOAK CAPITAL MUTUAL FUND	179539	₹6.50 Cr	0.69%	0.31%
34	NEO PRIME FUND	NEO	138170	₹5.00 Cr	0.53%	0.24%
35	DURO INDIA OPPORTUNITIES FUND PTE.LTD.	DURO	138170	₹5.00 Cr	0.53%	0.24%
36	VIRIDIAN ASIA OPPORTUNITIES MASTER FUND	VIRIDIAN	138170	₹5.00 Cr	0.53%	0.24%
37	CITIGROUP GLOBAL MARKETS MAURITIUS PVT.LTD.	CITIGROUP	138155	₹5.00 Cr	0.53%	0.24%
38	WHITEOAK CAPITAL DIVIDEND YIELD FUND	WHITEOAK CAPITAL MUTUAL FUND	110495	₹4.00 Cr	0.42%	0.19%
39	SBI RETIREMENT BENEFIT FUND-CONSERVATIVE HYBRID PLAN	SBI MUTUAL FUND	30176	₹1.09 Cr	0.12%	0.05%
40	SBI RETIREMENT BENEFIT FUND-CONSERVATIVE PLAN	SBI MUTUAL FUND	8364	₹0.30 Cr	0.03%	0.01%
	TOTAL		26,104,972	₹944.98 Cr	100.03%

Elevate Campuses IPO allotment probability

Your odds of an allotment in each category at the current subscription.

Retail (up to ₹2 L)

1 in 2

~99% chance per PAN — based on 1.01x subscription. Winners get exactly 1 lot (₹14,842) by SEBI lottery, however many lots you bid.

Small HNI (₹2–10 L)

Full allotment

0.88x — undersubscribed. Valid S-HNI bids should be allotted in full.

Big HNI (above ₹10 L)

Full allotment

0.83x — undersubscribed. Valid B-HNI bids should be allotted in full.

QIB (institutions)

2.52x

Proportionate allotment — at 2.52x, institutions receive ~39.7% of their bid. No lottery; not open to individual investors. Moderate institutional demand.

Odds marked with applicant counts are computed from the exchange's actual application data (applicants ÷ allotment slots); others assume minimum-size bids at the current subscription multiple. Retail and HNI allotment is by SEBI-mandated lottery of the minimum application when oversubscribed; QIB allotment is proportionate. Numbers move until subscription closes. This is not investment advice.

What does this subscription data mean?

IPO subscription data tells you how much demand exists for the shares being offered, broken down by investor category. Understanding each category helps you gauge the real sentiment behind the numbers:

01 QIB (Qualified Institutional Buyers) — includes mutual funds, FIIs, insurance companies, and banks. QIBs do deep due diligence before bidding. A QIB subscription above 10x is a strong institutional endorsement. Watch QIB numbers closely on the final day — they often hold back and flood in after 3 PM.
02 NII / HNI (Non-Institutional Investors) — high-net-worth individuals bidding above ₹2 lakh. NII allotment is proportionate (not lottery), so higher NII subscription means smaller per-lot allotment. Big HNI (B-HNI) bids above ₹10 lakh; Small HNI (S-HNI) bids ₹2–10 lakh.
03 Retail — individual investors bidding up to ₹2 lakh. When retail is below 1x, everyone who applied gets full allotment. When oversubscribed, SEBI mandates a computerised lottery — only 1 lot per successful applicant regardless of how many lots you apply for.
04 Overall Subscription — a blended multiple across all categories. A total subscription above 10x is considered strong; above 50x is exceptional and usually predicts strong listing gains.

Data sourced from BSE/NSE. Subscription numbers are updated during market hours (10 AM – 5 PM IST) on active subscription days.

Frequently asked

What is the current subscription status of Elevate Campuses IPO?

As of IPO close date (25 Sep, 2026), the Elevate Campuses IPO is subscribed 1.79x times. Retail category is 1.01x, and NII is 0.84x subscribed.

When is the allotment date for Elevate Campuses IPO?

The allotment for Elevate Campuses IPO is expected to be finalized on 28 September, 2026.

What is the GMP of Elevate Campuses?

The Grey Market Premium (GMP) for Elevate Campuses is currently ₹6.5, indicating a potential listing gain of 1.80%.

When will Elevate Campuses IPO list on the stock market?

Elevate Campuses is scheduled to list on BSE and NSE on 30 September, 2026.

What are the chances of getting allotment in Elevate Campuses IPO?

The retail category is oversubscribed at 1.01x, meaning allotment is by lottery. Statistically, approximately 1 in 2 applicants will receive allotment. Applying with multiple family member accounts (each at minimum lot size) improves your cumulative odds.

What does QIB subscription of 2.52x mean for Elevate Campuses IPO?

Moderate — QIBs have subscribed 2.52x. Institutional demand is present but not overwhelming. Watch for any last-minute QIB surge on the final day.

How to check Elevate Campuses IPO allotment status?

After the allotment date (28 Sep, 2026), you can check your Elevate Campuses IPO allotment status on IPO Guru's allotment checker, on the BSE/NSE website using your PAN or application number, or through your broker's app.

Explore Elevate Campuses IPO further

Track every stage of this IPO, from subscription to listing.

01 Next step

IPO details

It has listed — go back to the fundamentals.

₹343 to ₹362

Read the full profile

GMP today

Live grey market premium, Kostak and Subject to Sauda, with the day-wise trend.

GMP ₹6.5 (1.80%)

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IPO review

What brokers and analysts are saying about this issue, in one place.

Apply · 13 reviews

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Allotment status

Check with your PAN whether shares were credited to your demat account.

Allotment out · 28 Sep

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Not investment advice. Subscription figures are as published by BSE/NSE and change until bidding closes.

Total

1.79x

QIB

2.52x

NII

0.84x

Retail

1.01x

Full IPO details