The Rs 2,100-crore Elevate Campuses IPO closes for subscription today, September 25, commanding a 1% grey market premium. Subscribed 23% overall on Day 2, the fresh-issue offer received a "Subscribe" rating from Sushil Finance, backed by strong revenue growth, high occupancy rates, and planned acquisitions in education infrastructure.
The Rs 2,100-crore Elevate Campuses IPO closes for subscription today, September 25, commanding a 1% grey market premium. Subscribed 23% overall on Day 2, the fresh-issue offer received a "Subscribe" rating from Sushil Finance, backed by strong revenue growth, high occupancy rates, and planned acquisitions in education infrastructure.
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Elevate Campuses IPO entered its second day of bidding today with a modest 1% premium in the grey market. The Rs 2,100-crore entire fresh issue saw 20% overall subscription on Day 1. Analysts recommend subscribing for the long term, citing strong earnings growth and a dominant market presence.
