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Elevate Campuses IPO logo

Elevate Campuses IPO Final Subscription Status

Subscription Closed MAINBOARD

Subscription Status  ·  Sep 23 – Sep 25, 2026  ·  ₹343–362

The Elevate Campuses IPO subscription has recorded adequate investor demand with an overall subscription of 1.89× as of Sep 25, 2026, indicating that investors applied for 1.89 times the number of shares on offer. All investor categories (institutional, HNI, and retail) have participated actively, making this one of the closely watched IPO openings.

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  • QIB subscribed 2.66×, institutional investors have fully covered their reserved quota, reflecting measured confidence in the company's fundamentals.
  • HNI / NII category. Big NII (bids above ₹10 lakh) subscribed 0.87× and Small NII (below ₹10 lakh) subscribed 0.93×. High-net-worth investors are aggressively leveraging borrowed funds, signalling strong listing-gain expectations.
  • Retail investors subscribed 1.07×, the retail quota is fully covered, giving applicants a reasonable chance of receiving their applied lot.
QIB
2.66×
Qualified Institutional Buyers
NII
0.89×
Non-Institutional Investors
bNII
0.87×
Bids above ₹10L
sNII
0.93×
Bids below ₹10L
Retail
1.07×
Retail Individual Investors
Total
1.89×
Fully Subscribed

Live Subscription Data

Last updated: Sep 25, 2026, 6:21 PM IST

Overall
1.89×
Category Shares Offered Shares Bid For Times Subscribed
QIB
Qualified Institutional Buyers
17,403,315 46,316,552
2.66×
NII
Non-Institutional Investors
8,701,657 7,753,715
0.89×
bNII
Bids above ₹10L
5,801,105 5,061,450
0.87×
sNII
Bids below ₹10L
2,900,552 2,692,265
0.93×
Retail
Retail Individual Investors
5,801,105 6,199,405
1.07×
Total
31,906,077 60,269,672
1.89×
Fully Subscribed — 1.89× overall Allotment probability may be lower due to high demand

Day-wise Subscription Trend

How subscription built up across investor categories over time

Day-wise Subscription History

Snapshot of each day's bidding activity

Wed, Sep 23, 2026
0.21×
Category Offered Bid For Times
QIB 17,403,315 3,225,142 0.19×
NII 8,701,657 2,769,017 0.32×
bNII 5,801,105 2,702,392 0.47×
sNII 2,900,552 66,625 0.02×
Retail 5,801,105 798,639 0.14×
Total 31,906,077 6,792,798 0.21×
Thu, Sep 24, 2026
0.24×
Category Offered Bid For Times
QIB 17,403,315 3,235,843 0.19×
NII 8,701,657 3,023,463 0.35×
bNII 5,801,105 2,845,154 0.49×
sNII 2,900,552 178,309 0.06×
Retail 5,801,105 1,417,821 0.24×
Total 31,906,077 7,677,127 0.24×
Fri, Sep 25, 2026
1.89×
Category Offered Bid For Times
QIB 17,403,315 46,316,552 2.66×
NII 8,701,657 7,753,715 0.89×
bNII 5,801,105 5,061,450 0.87×
sNII 2,900,552 2,692,265 0.93×
Retail 5,801,105 6,199,405 1.07×
Total 31,906,077 60,269,672 1.89×

Frequently Asked Questions

What is the current subscription status of Elevate Campuses IPO?

As of September 25, 2026, the Elevate Campuses IPO has been subscribed 1.89 times overall. The IPO is fully subscribed.

When was the Elevate Campuses IPO subscription window open?

The Elevate Campuses IPO subscription window was open from September 23, 2026 to September 25, 2026. Investors could apply through their demat account or ASBA facility.

What is the price band and minimum investment for Elevate Campuses IPO?

The Elevate Campuses IPO has a price band of ₹343 to ₹362 per share, with a lot size of 41 shares. Minimum retail investment: ₹14,063 (lower band) or ₹14,842 (upper band).

What is the QIB subscription for Elevate Campuses IPO?

The QIB category has been subscribed 2.66 times. QIBs were offered 17,403,315 shares.

What is the Retail subscription for Elevate Campuses IPO?

Retail investors subscribed 1.07 times. Retail was offered 5,801,105 shares.

What is the NII subscription for Elevate Campuses IPO?

Overall NII: 0.89×. bNII (>₹10L): 0.87×, sNII (<₹10L): 0.93×. NII includes HNIs and corporate entities investing above ₹2 lakh.

How can I check my Elevate Campuses IPO allotment status?

Basis of allotment is on September 28, 2026. Check via the registrar's website, KFin Technologies Limited using your PAN number, application number, or DP/Client ID. You can also check on BSE/NSE websites or through your broker's app.

When will Elevate Campuses IPO be listed?

Elevate Campuses IPO is expected to list on September 30, 2026. Shares will list on NSE,BSE. Allotted shares are credited to your demat account 1 business day before listing.

What does 1.89× subscription mean for Elevate Campuses IPO?

A subscription multiple of 1.89× means investors have bid for 1.89 times the total shares available. Since the IPO is oversubscribed, not every applicant will receive shares, allotment happens via lottery (for retail) or proportionately (for other categories). Higher multiples generally reduce allotment probability.

What is the allotment probability for Elevate Campuses IPO retail investors?

Based on the current retail subscription of 1.07×, the estimated allotment probability for retail investors is Good. Decent chance of full allotment. Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has an equal probability regardless of the number of lots applied for.

How to apply for Elevate Campuses IPO?

You can apply for Elevate Campuses IPO through: (1) ASBA (Application Supported by Blocked Amount) via your bank's net banking or mobile app, (2) UPI-based application through your broker's app (Zerodha, Groww, Angel One, etc.), or (3) directly via your demat account. The amount is blocked in your account and deducted only upon allotment. Applications were accepted from Sep 23 to Sep 25, 2026.

What is the grey market premium (GMP) for Elevate Campuses IPO?

The grey market premium (GMP) reflects unofficial pre-listing trading sentiment. For the latest Elevate Campuses IPO GMP data, check the IPORise GMP page. Note: GMP is unofficial, speculative, and not a guaranteed indicator of listing price. Use it only as a sentiment signal alongside official subscription data.

New to reading subscription numbers? Read our guide on IPO subscription explained.

IPO Details

Open Date
Sep 23, 2026
Close Date
Sep 25, 2026
Allotment
Sep 28, 2026
Listing Date
Sep 30, 2026
Price Band
₹343 – ₹362
Lot Size
41 shares
Min. Investment
₹14,842
Exchange
NSE,BSE
Registrar
KFin Technologies Limited
View Full IPO Details

What Happens Next

  1. Subscription Opens Done

    Sep 23, 2026
  2. Subscription Closes Done

    Sep 25, 2026
  3. Basis of Allotment

    Sep 28, 2026
  4. Listing on NSE,BSE

    Sep 30, 2026

Allotment Probability

Good

Decent chance of full allotment. Based on retail subscription of 1.07×.

Retail allotment in oversubscribed IPOs is done by computerised lottery, each valid application has equal odds regardless of lot size applied.

Share Allocation

QIB 54.5%
NII 27.3%
Retail 18.2%
Total Shares 31,906,077

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Subscription Guide

≥ 10× Heavily Oversubscribed
1× – 10× Subscribed / Oversubscribed
0.5× – 1× Partially Subscribed
< 0.5× Under-subscribed

Higher subscription = lower allotment probability. Progress bars compare each category relative to the highest-subscribed category.