Elevate Campuses under 'Good Host Spaces' and ScholarZ' brand manages on-campus student accommodations across Higher Education Institutions and owns K-12 assets. (Photo source: Canva stock) Show Quick Read Summary is AI Generated. Newsroom Reviewed
Elevate Campuses Ltd. on Monday filed its preliminary papers with the capital markets regulator SEBI to raise Rs 2,550 via an initial public offering. The public offer will include fresh issues of shares worth Rs 2,550 crore.
The equity shares are proposed to be listed on the National Stock Exchange of India Ltd and BSE Ltd. The company, in consultation with the BRLMS, may consider an issue of equity shares aggregating up to Rs 510 crore as pre-IPO placement. If the pre-IPO placement is completed, the amount raised under the pre-IPO place