Elevate Campuses IPO Subscription Status Day 3
Varda Khade
- 0 min read
Last Updated: 25th September 2026 - 05:30 pm
Elevate Campuses IPO subscription reached 1.89 times on Day 3, as of 5:18 PM on September 25, 2026. The public issue received bids for 6,02,69,672 shares against 3,19,06,077 shares available for subscription, excluding the anchor portion.
The QIB category, excluding anchor investors, recorded the highest subscription among the main investor categories at 2.66 times, followed by Retail investors at 1.07 times. The NII portion was subscribed 0.89 times.
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| Date | QIB | NII | Retail | Total |
|---|---|---|---|---|
| Day 1 (September 23) | 0.19 | 0.32 | 0.14 | 0.21 |
| Day 2 (September 24) | 0.19 | 0.34 | 0.24 | 0.24 |
| Day 3 (September 25) | 2.66 | 0.89 | 1.07 | 1.89 |
Here are the subscription details for Elevate Campuses IPO Day 3, as of 5:18 PM:
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total |
|---|---|---|---|---|
| Anchor | 1 | 2,61,04,972 | 2,61,04,972 | 945.000 |
| QIB | 2.66 | 1,74,03,315 | 4,63,16,552 | 1,676.659 |
| NII | 0.89 | 87,01,657 | 77,53,715 | 280.684 |
| Retail | 1.07 | 58,01,105 | 61,99,405 | 224.418 |
| Total | 1.89 | 3,19,06,077 | 6,02,69,672 | 2,181.762 |
Key Highlights – Day 3
- Overall subscription stood at 1.89x.
- QIB portion was subscribed 2.66x.
- Retail portion was subscribed 1.07x.
- NII portion was subscribed 0.89x.
Key Highlights – Day 2
- The NII portion was subscribed 0.34 times, receiving bids for 29,62,701 shares against 87,01,657 shares available.
- The Retail category was subscribed 0.24 times, with bids for 13,93,385 shares against 58,01,105 shares on offer.
- The QIB portion, excluding anchor investors, was subscribed 0.19 times, receiving bids for 32,35,843 shares against 1,74,03,315 shares available.
Key Highlights – Day 1
- Overall subscription stood at 0.21x.
- NII portion was subscribed 0.32x.
- QIB portion was subscribed 0.19x.
- Retail portion was subscribed 0.14x.
- The IPO received bids for 67.95 lakh shares against 3.19 crore shares on offer.
About Elevate Campuses
Elevate Campuses Limited, formerly known as Good Host Spaces Limited, is an education infrastructure platform engaged in owning, operating and managing on-campus student accommodation for higher education institutions. The company also owns K-12 school assets.
The company operates its student accommodation business through the Good Host Spaces and ScholarZ brands. Its services include student housing, dining, safety, wellbeing, community engagement and technology-enabled campus operations.
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