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IPO alert: Elevate Campuses’ growth pitch faces a debt test

The ₹2,100-crore IPO offers investors exposure to student housing and school infrastructure, but rising debt, weaker capital returns and acquisition-led growth temper the appeal.

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MintLean R·48m ago
IPO alert: Elevate Campuses’ growth pitch faces a debt test
The ₹2,100-crore IPO offers investors exposure to student housing and school infrastructure, but rising debt, weaker capital returns and acquisition-led growth temper the appeal.
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IPO alert: Elevate Campuses’ growth pitch faces a debt test

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IPO alert: Elevate Campuses’ growth pitch faces a debt test

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