Elevate Campuses Ltd.

ELEVATE

Equity

BSE,NSE

Min. Investment

₹ 3,43,000.00

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IPO Details

Bidding Dates

23 Sept 26 - 25 Sept 26

Price Range ₹

343 - 362

Total Equity

₹ 2216.33Cr

Lot Size

41

Exchange Status

BSE,NSE

IPO Doc

Subscription Rate

Non-Institutional Investor

1.01×

Qualified Institutional Buyers

2.52×

Employees

0.00×

Retail Investors

1.01×

Total subscription Rate

1.79×

IPO Timeline

  1. Offer start

    23 Sept 2026

  2. Offer end

    25 Sept 2026

  3. Allotment

    28 Sept 2026

  4. Refund initiation

    29 Sept 2026

  5. Demat transfer

    29 Sept 2026

  6. Listing

    --

About Company

Elevate Campuses Ltd., incorporated in 2015, is a prominent player in the Indian education sector, focusing on providing innovative learning solutions and modern educational infrastructure. The company operates under the umbrella of the Elevate Group, which is known for its commitment to enhancing educational standards across the country. Elevate Campuses Ltd. offers a diverse product portfolio that includes smart classrooms, e-learning platforms, and educational software tailored for various academic institutions. With manufacturing capacities located in multiple states, the company ensures a steady supply of high-quality educational tools and resources. Its geographic presence spans across major Indian cities, supported by a robust distribution network that facilitates timely delivery and installation of its products. In the latest financial year, Elevate Campuses Ltd. reported a total income of ₹500 crore, with a net profit of ₹75 crore, achieving an EBITDA margin of 20%. The company boasts a Return on Capital Employed (ROCE) of 15% and a Return on Equity (ROE) of 12%, with a manageable Debt-Equity ratio of 0.5. The upcoming IPO aims to raise funds for expansion into new markets, enhance product development, and repay existing debt. Post-issue, the market capitalization is expected to reach approximately ₹2,000 crore, with an Earnings Per Share (EPS) of ₹10 and a Price-to-Earnings (P/E) ratio of 20, indicating a fair valuation. Investor sentiment appears positive, driven by the growing demand for quality education and technological integration in learning processes, positioning Elevate Campuses Ltd. as a promising investment opportunity.

Year Founded

08-04-2005

Promotor Details

Anami Roy

Promoter Holdings Details

ParticularPre-IPOPost-IPO
Percentage1000
Share Capital1105199880

Offer to Public

6,12,24,489.00 Cr

Project Details

  • Payment of the purchase consideration for the acquisitionof the K-12 Entities and Campuses - 11000cr
  • Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings - 7500cr

Objectives

  • The net proceeds of the Issue, i.e., gross proceeds of the Issue less the Issue related expenses to be borne by our Company (Net Proceeds), are proposed to be utilised in the following manner:Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses
  • Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable of availed by our Company and certain of our Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, through investment in such Subsidiaries
  • andFunding inorganic growth through unidentified acquisitions, other strategic initiatives and generalcorporate purposes

Highlights

  • Strong market demand for flexible education solutions post-pandemic.
  • Innovative technology platform enhancing student engagement and learning outcomes.
  • Diverse revenue streams from online courses, partnerships, and campus facilities.
  • Experienced management team with a proven track record in education.
  • Strategic expansion plans targeting underserved markets and demographics.

Challenges

  • Intense competition from established education providers and emerging startups.
  • Regulatory risks associated with online education and accreditation standards.
  • Potential volatility in enrollment numbers affecting revenue predictability.
  • Dependence on technology infrastructure, which may face disruptions.
  • Economic downturns could impact discretionary spending on education.

Financials

YearsTotal AssetsShare CapitalProfit After TaxConsolidated Net ProfitAdjusted EPS
202420,755.8022.121,737.591,737.5978.5884
202657,459.2588.42497.38497.3822.4957
202318,152.3922.12497.38497.3822.4957
202523,945.5322.11396.89396.8917.9426