Shares of Elevate Campuses are set to make their debut on the BSE and NSE on Wednesday, September 30. Ahead of the listing, the IPO is commanding a grey market premium (GMP) of around 1%, indicating expectations of a largely flat listing.
The Rs 2,100-crore Elevate Campuses IPO has a price band of Rs 343-362 per share. The book-built issue comprises an entirely fresh issue of 5.80 crore equity shares aggregating to Rs 2,100 crore, with no offer-for-sale (OFS) component.