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Elevate Campuses Ltd

Registered Office: Naman Midtown Unit No 902-906,9th Flr Tower B Lower Parel, Mumbai - 400013, Maharashtra, India.
Phone : +91 22 6820 1600   Fax:
Email :  companysecretary@elevatecampuses.com  
Website :  www.elevatecampuses.com

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.

Issue Money Payable On
Opens on Closes On Application Allotment
23-Sep-26 25-Sep-26 362.00-0.00 0.00-0.00
Minimum Application for shares in Nos : 41   Further Multiples of : 41
  Rs(Cr.) Lead Managers to the Issue
Project Cost 1,979.61 IIFL Capital Services Limited
Project Financed through Current Offer 2,100.00  
Post Issue Equity Share Capital 16.85  
Issue Price 362.00  

Project

  • 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 borrowings availed by the Company
  • General corporate purposes

Promoted By

Genius Bidco

Genius Rajkot

Listing At

BSE

NSE

Registrar to the Issue

KFin Techologies Ltd

Attention Investor:

1) "KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         2) For Stock Broking Transaction "Prevent unauthorised transactions in your account Update your mobile numbers / email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile / email at the end of the day .... Issued in the interest of Investors."         3) For Depository Transaction "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....Issued in the interest of investors."         4) No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.