India, Sept. 23 -- Elevate Campuses has launched its Initial Public Offering (IPO) today. The company plans to use the IPO proceeds to fund the acquisition, fully or partially prepay certain outstanding borrowings, support inorganic growth initiatives, and meet general corporate purposes.

The IPO is a book-built issue of Rs. 2,100.00 crore. The issue is entirely a fresh issue of 5.80 crore shares, aggregating to Rs. 2,100.00 crore. Elevate Campuses IPO opens for subscription on September 23, 2026, and closes on September 25, 2026. The allotment for the Elevate Campuses IPO is expected to be finalized on September 28, 2026, with a tentative listing date of September 30, 2026.

Elevate Campuses IPO has set the issue price band at Rs. 343 ...