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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Elevate Campuses Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹362
Per ShareLot Size
41 Shares
Minimum Investment
₹14,842
Issue Size
₹2,100 Cr
Face Value
₹1
Per ShareIPO Type
Book Building
Retail Quota
10%
QIB Quota
75%
NII Quota
15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
100%
Promoter Holding (Post-Issue)
65.58%
Issue Type
Book Building
ISIN
INE147X01013
We own, operate and manage on-campus student accommodation across HEIs and own K-12 Assets. As of March 31, 2026, our current capacity in the Pre-Acquisition Group enables us to cater to 80,255 students and we are present across 15 cities in India and one city in United Arab Emirates. We enable HEIs and K-12 school operators ("K-12 Operators") to offer quality learning environments that support student development and foster all-round growth. We operate our student accommodation business under the "Good Host Spaces" and "ScholarZ" brands. Our mission is to build inclusive educational communities by delivering modern student accommodation and K-12 Assets that nurture student wellbeing and holistic development.
According to the CBRE Report, India's higher education system is one of the largest globally with around 58,642 institutions, serves 43.3 million students comprising 17.5% of the global enrolments as of Academic Year 2021-22. India's HEI segment presents a significant opportunity for increased penetration, with a Gross Enrolment Ratio of 31.0% (estimated) in Academic Year 2023-24, compared to 76.3% in Germany and 74.6% in China. Further, the contribution of private unaided schools to total enrolments has more than doubled over the past two decades, rising to 36.3% in Academic Year 2023-24, representing 90.0 million enrolments from 16.6% in AY 2001-02.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering of 58,011,049 equity shares bearing face value of Re. 1 each ("Equity Shares") of Elevate Campuses Limited (formerly known as Good Host Spaces Limited) ("Company" or "Issuer") for cash at a price of Rs. 362 per equity share including a share premium of Rs. 361 per equity share ("Issue Price") aggregating up to Rs. 2100.00 Crores ("Issue"). The company, in consultation with the brlms, may consider a pre-ipo placement of specified securities aggregating up to Rs.510.00 crores, as may be permitted under applicable law, at its discretion, prior to filing of the pre-ipo placement, if undertaken, will be at a price to be decided by the company in consultation with the brlms. If the pre-ipo placement is completed, the amount raised pursuant to the pre-ipo placement will be reduced from the issue, subject to compliance with Rule 19(2)(b) of the securities contracts (Regulation) Rules, 1957 ("scrr"). The pre-ipo placement, if undertaken, shall not exceed 20% of the size of the issue. Prior to the completion of the issue, the company shall appropriately intimate the subscribers to the pre-ipo placement, prior to allotment pursuant to the pre-ipo placement, that there is no guarantee that the company may proceed with the issue or the issue may be successful and will result into listing of the equity shares on the stock exchanges. further, relevant disclosures in relation to such intimation to the subscribers to the pre-ipo placement (if undertaken). Price Band: Rs. 362 per equity share of face value of Rs. 1 each. The floor price is 362 times the face value of the equity shares. Bids can be made for a minimum of 41 equity shares of face value of Rs. 1 each and in multiples of 41 equity shares face value of Rs. 1 each thereafter.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
Track real-time subscription levels:
*Real-time data subject to exchange updates
Our Company was originally incorporated as "Woodstock Ambience Private Limited" on April 8, 2005, as a private limited company under the Companies Act, 1956 at Bengaluru, Karnataka, India, pursuant to a certificate of incorporation issued by the Registrar of Companies, Karnataka at Bengaluru ("RoC Bengaluru"). The name of our Company was changed to "Good Host Spaces Private Limited", pursuant to a resolution passed by our Board dated October 14, 2017, and a special resolution passed by our Shareholders dated November 29, 2017, and a fresh certificate of incorporation dated January 9, 2018, was issued by the RoC Bengaluru. Upon conversion of our Company into a public limited company, pursuant to a resolution passed by our Board on July 29, 2025 and a special resolution passed by our Shareholders on July 31, 2025, the name of our Company was changed to "Good Host Spaces Limited", and a fresh certificate of incorporation dated August 20, 2025 was issued by the RoC. Thereafter, pursuant to a resolution passed by our Board on August 21, 2025 and a special resolution passed by our Shareholders on August 29, 2025, the name of our Company was subsequently changed to "Elevate Campuses Limited", pursuant to a re-branding exercise and a fresh certificate of incorporation was issued by the Registrar of Companies, Central Processing Centre on September 8, 2025.
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.