Aureate Tradde IPO is a SME IPO of 38,98,000 equity shares of the face value of ₹10 aggregating up to ₹[.] Crores. The issue is priced at To be declared. The minimum order quantity is . The Aureate Tradde IPO open and close dates are not available as of now. MUFG Intime India Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Elevate Campuses IPO Details Details
Elevate Campuses Limited is coming up with a book-built IPO of ₹2,100 crore, comprising entirely a fresh issue of approximately 5.80 crore equity shares. As there is no Offer for Sale (OFS) component, the entire IPO proceeds will accrue to the company, subject to the utilization specified in its Red Herring Prospectus (RHP). The IPO will open for subscription on September 23, 2026, and close on September 25, 2026. The basis of allotment is expected to be finalized on September 28, 2026, while the shares are tentatively scheduled to list on both BSE and NSE on September 30, 2026. The company has fixed the price band at ₹343–₹362 per share. The minimum application size for retail investors is 41 shares, translating into a minimum investment of ₹14,842 at the upper end of the price band. JM Financial Limited is acting as the Book Running Lead Manager (BRLM) to the issue, while KFin Technologies Limited has been appointed as the Registrar. Since the IPO consists entirely of a fresh issue, the ₹2,100 crore raised will go to Elevate Campuses, rather than to existing shareholders. The proceeds are intended to be utilized for the objectives specified in the RHP. Investors should carefully review the RHP, including Elevate Campuses' business model, financial performance, competitive position, risk factors, proposed utilization of IPO proceeds, and other material disclosures, before making an investment decision.
IPO Details
| IPO Date | 23 Sep 26 |
| Listing Date | 30 Sep 26 |
| Face Value | ₹1 per share |
| Price Band | ₹343 to ₹362 |
| Lot Size | 41 |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | NSE, BSE |
| Total Issue Size | ₹2,100 Cr |
| Fresh Issue |
₹2,100 Cr
|
| Offer for Sale | |
| Share Holding Pre Issue | 11,05,19,988 shares |
| Share Holding Post Issue | 16,85,31,037 shares |
IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not less than 75% of the Issue |
| Retail Shares Offered | Not more than 10% of the Issue |
| NII Shares Offered | Not more than 15% of the Issue |
About Elevate Campuses IPO Details.
Incorporated in 2005, Elevate Campuses Limited is an education infrastructure company engaged in owning, operating, and managing on-campus student accommodation for Higher Education Institutions (HEIs), as well as owning K-12 school assets. The company operates its student accommodation business primarily under the Good Host Spaces and ScholarZ brands.
As of March 31, 2026, the company's Pre-Acquisition Group had an aggregate student accommodation capacity of 80,255 students, with operations spread across 15 cities in India and one city in the United Arab Emirates (UAE). Its portfolio included seven owned student accommodation campuses with 20,368 beds across six Indian cities, along with 14 managed campuses comprising 55,487 beds.
Elevate Campuses provides a broad range of operational and asset-management services across the student accommodation lifecycle. These include deal sourcing, site selection, development, asset acquisition, asset repositioning, operations, and community engagement. The company also provides community and campus technology services, including media coverage of higher education institutions and campus-related events.
The company works with educational institutions including Manipal Academy of Higher Education, Manipal University Jaipur, and Meraki Education. During Academic Year 2025–26, its owned student accommodation portfolio recorded an occupancy rate of 89.37% as of March 31, 2026.
Since commencing operations as an independent owner and operator of student accommodation in Financial Year 2018, the company has expanded its owned portfolio from 9,153 beds to 20,368 beds as of March 31, 2026, representing significant growth in its accommodation capacity.
As of March 31, 2026, the company's Pre-Acquisition Group had 460 full-time employees supporting its accommodation, asset-management, technology, and other operational activities.
Key Business Highlights
80,255-student accommodation capacity across India and the UAE.
20,368 owned beds across seven campuses in six Indian cities.
55,487 managed beds across 14 campuses.
89.37% occupancy rate in the owned student accommodation portfolio for Academic Year 2025–26.
Presence across 15 Indian cities and one UAE city.
Established relationships with prominent higher education institutions.
Integrated capabilities spanning asset acquisition, development, operations, repositioning, and community management.
Company Financials (Restated)
| Period Ended | 31 Mar 2026 | 31 Mar 2025 | 31 Mar 2024 | |
|---|---|---|---|---|
| Assets | 5,773.35 | 2,421.20 | 2,104.74 | |
| Total Income | 603.39 | 394.13 | 362.61 | |
| Profit After Tax | 173.76 | 49.74 | 39.69 | |
| EBITDA | 545.00 | 256.40 | 220.13 | |
| Net Worth | 956.29 | 699.78 | 655.77 | |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Payment of the purchase consideration for the acquisition of the K-12 Entities and Campuses | 1,100.00 |
| 2 | Repayment and/ or prepayment, in full or in part, of certain outstanding borrowings and prepayment penalties, as applicable of availed by Company and certain of Subsidiaries, namely GHS Shoolini, GHS Sonipat, Souk HIS UAE and Souk NLCS UAE, through investment in such Subsidiaries | 750.00 |
| 3 | Funding inorganic growth through unidentified acquisitions, other strategic initiatives and general corporate purposes, | 0.00 |
Key Performance Indicator (KPI)
| KPI | Mar 31, 2026 | Mar 31, 2025 |
|---|---|---|
| ROE | -% | -% |
| ROCE | 6.42%% | 9.90%% |
| Debt/Equity | - | - |
| RoNW | 18.17%% | 7.11%% |
| PAT Margin | 28.80%% | 12.62%% |
| EBITDA Margin | 90.32%% | 65.06%% |
Key Performance Indicator (KPI)
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 15.72 | 10.31 |
| The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2026 available in RHP. The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2026 available in RHP. | ||
IPO Registrar
- Kfin Technologies Ltd.
- 040-79615565
- Elevatecampuses.ipo@kfintech.com
- Visit Website
IPO Lead Manager(s)
Lead Manager Reports
Contact Details
Elevate Campuses Ltd. Address
Naman Midtown, Unit No 902-906 9 th Floor, Tower B, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, 400013
- +91 22 6820 1600
- companysecretary@elevatecampuses.com
- Visit Website
IPO FAQs
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What is the Aureate Tradde IPO?
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How to apply in Aureate Tradde IPO through Zerodha?
Zerodha customers can apply online in Aureate Tradde IPO using UPI as a payment gateway. Zerodha customers can apply in Aureate Tradde IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aureate Tradde IPO through Zerodha
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ' Aureate Tradde IPO ' row and click the 'Bid' button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
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When Aureate Tradde IPO will open?
The Aureate Tradde IPO dates are not announced. Please check back again after some time.
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What is the lot size of Aureate Tradde IPO?
Aureate Tradde IPO lot size and the minimum order quantity is not available at this time. Please check again later.
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How to apply for Aureate Tradde IPO?
You can apply in Aureate Tradde IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
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Is online banking secure?
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When is Aureate Tradde IPO allotment?
The finalization of Basis of Allotment for Aureate Tradde IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aureate Tradde IPO allotment status.
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When is Aureate Tradde IPO listing date ?
The Aureate Tradde IPO listing date is not yet announced. The tentative date of listing is .