Checked · GMP unchanged since
Elevate Campuses IPO GMP is ₹3 as of 25 Sept 07:07 pm — expected profit +0.8% on the ₹362 upper band. The premium has ranged ₹0–₹16 across 57 readings.
GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a forecast, or investment advice.
Detailed financials for this issue aren’t available yet.
| # | Anchor investor | Shares | % of book | ₹ Cr |
|---|---|---|---|---|
| 1 | SBI MULTI ASSET ALLOCATION FUND | 27,62,416 | 10.58% | 100.00 |
| 2 | SBI MULTICAP FUND | 24,86,158 | 9.52% | 90.00 |
| 3 | HDFC TRUSTEE COMPANY LTD. A/C HDFC BALANCED | 16,57,466 | 6.35% | 60.00 |
| 4 | 360 ONE REAL ASSETS DEVELOPMENT FUND | 15,19,337 | 5.82% | 55.00 |
| 5 | 360 ONE BEST IN CLASS | 13,81,208 | 5.29% | 50.00 |
| 6 | MIRAE ASSET AGGRESSIVE HYBRID FUND | 12,43,079 | 4.76% | 45.00 |
| 7 | BANDHAN SMALL CAP FUND | 12,43,079 | 4.76% | 45.00 |
| 8 | ASHOKA WHITEOAK ICAV - ASHOKA WHITEOAK INDIA | 9,80,392 | 3.76% | 35.49 |
| 9 | GOVERNMENT PENSION FUND GLOBAL | 9,66,821 | 3.7% | 35.00 |
| 10 | CAP FUND TATA AIG GENERAL INSURANCE COMPANY LIMITED | 9,66,821 | 3.7% | 35.00 |
| 11 | SBI RETIREMENT BENEFIT FUND - AGGRESSIVE PLAN | 9,49,765 | 3.64% | 34.38 |
| 12 | WHITEOAK CAPITAL REIT & INVIT ALTERNATES FUND I | 8,28,733 | 3.17% | 30.00 |
| 13 | SBI INFRASTRUCTURE FUND | 6,90,604 | 2.65% | 25.00 |
| 14 | HDFC MUTUAL FUND - HDFC RETIREMENT FUND - EQUITY PLAN | 6,90,604 | 2.65% | 25.00 |
| 15 | MAGNUM HYBRID LONG SHORT FUND | 5,52,475 | 2.12% | 20.00 |
| 16 | PGIM INDIA TRUSTEE PRIVATE LIMITED A/C - PGIM INDIA SMALL | 5,49,851 | 2.11% | 19.90 |
| 17 | INTEGRATED CORE STRATEGIES (ASIA) PTE. LTD | 4,83,390 | 1.85% | 17.50 |
| 18 | SOCIETE GENERALE - ODI | 4,83,390 | 1.85% | 17.50 |
| 19 | PGIM INDIA TRUSTEES PRIVATE LIMITED A/C PGIM INDIA FLEXI | 4,16,970 | 1.6% | 15.09 |
| 20 | BOFA SECURITIES EUROPE SA - ODI | 4,14,387 | 1.59% | 15.00 |
| 21 | ADVANTAGE FUND HDFC MUTUAL FUND - HDFC HOUSING OPPORTUNITIES FUND | 4,14,346 | 1.59% | 15.00 |
| 22 | MIRAE ASSET MULTI ASSET | 4,14,346 | 1.59% | 15.00 |
| 23 | OPPORTUNITIES FUND ASHOKA INDIA EQUITY INVESTMENT TRUST PLC | 4,00,816 | 1.54% | 14.51 |
| 24 | WHITEOAK CAPITAL FLEXI CAP FUND | 4,00,570 | 1.53% | 14.50 |
| 25 | SBI RETIREMENT BENEFIT FUND - AGGRESSIVE HYBRID PLAN | 3,92,903 | 1.51% | 14.22 |
| 26 | SBI LONG TERM ADVANTAGE FUND - SERIES V | 2,76,258 | 1.06% | 10.00 |
| 27 | SBI LONG TERM ADVANTAGE FUND - SERIES VI | 2,76,258 | 1.06% | 10.00 |
| 28 | MIRAE ASSET INFRASTRUCTURE FUND | 2,76,258 | 1.06% | 10.00 |
| 29 | AMUNDI FUNDS INDIA EQUITY CONTRA | 2,76,258 | 1.06% | 10.00 |
| 30 | EDELWEISS TRUSTEESHIP CO LTD AC - EDELWEISS MF AC | 2,76,258 | 1.06% | 10.00 |
| 31 | FUND GROWW MUTUAL FUND - GROWW SMALL CAP FUND | 2,76,258 | 1.06% | 10.00 |
| 32 | IKIGAI SMALL CAP FUND | 2,76,258 | 1.06% | 10.00 |
| 33 | WHITEOAK CAPITAL MULTI CAP FUND | 1,79,539 | 0.69% | 6.50 |
| 34 | NEO PRIME FUND | 1,38,170 | 0.53% | 5.00 |
| 35 | DURO INDIA OPPORTUNITIES FUND PTE. LTD | 1,38,170 | 0.53% | 5.00 |
| 36 | VIRIDIAN ASIA OPPORTUNITIES MASTER FUND | 1,38,170 | 0.53% | 5.00 |
| 37 | WHITEOAK CAPITAL DIVIDEND YIELD FUND | 1,10,495 | 0.42% | 4.00 |
| 38 | SBI RETIREMENT BENEFIT FUND - CONSERVATIVE HYBRID PLAN | 30,176 | 0.12% | 1.09 |
| 39 | SBI RETIREMENT BENEFIT FUND- CONSERVATIVE PLAN | 8,364 | 0.03% | 0.30 |
Ranked by size of allocation; every anchor in an issue pays the same price, so the ranking is the same whether read in shares, rupees or share of the book. Anchor investors are allotted shares one day before the issue opens, at a price fixed on that day, and are locked in afterwards (30 days for half the allocation, 90 days for the rest). Read straight from the company’s own Anchor Allocation intimation letter filed with the exchanges — names appear exactly as printed there. Percentages are the filer’s own and total the anchor portion, not the whole issue. View the filed letter
| Application | Shares | Amount at ₹362 |
|---|---|---|
| Retail (min)1 lot | 41 | ₹14,842 |
| Retail (max)13 lots | 533 | ₹1,92,946 |
| sHNI (min)14 lots | 574 | ₹2,07,788 |
| bHNI (min)68 lots | 2,788 | ₹10,09,256 |
One lot is 41 shares, so a single application at the ₹362 cut-off costs ₹14,842. Retail applications are capped at ₹2,00,000, which is 13 lots for this issue. Amounts are shown at the upper band because applications are made at the cut-off price.
Strengths and risk factors from this issue’s prospectus aren’t available yet.
Allotment is decided and published by the issue’s registrar, not by the exchange and not by alphave. For Elevate Campuses Limited, the registrar is KFin Technologies Limited — allotment is finalised in the days between the issue closing on 25 Sept 2026 and listing on 30 Sept 2026.
Allotment and refund dates follow SEBI’s T+3 listing timeline in trading days and are tentative until the registrar and the exchange confirm them. alphave does not hold allotment results — only the registrar can show whether an application was allotted.
The registrar publishes allotment on its own portal: KFintech. Your bank will also show the blocked amount released if shares were not allotted.
The last grey market premium reported for the Elevate Campuses Limited IPO is ₹3, as of 25 Sept, 7:07 pm. Against the ₹362 upper band that is +0.8%. GMP is an unofficial, unregulated datapoint reported by third parties — not a price, a prediction, or investment advice.
Adding the ₹3 premium to the ₹362 upper band gives an implied price of ₹365. That is only what unregulated grey-market dealers are quoting today; the listing price is discovered on the exchange in the pre-open session on listing day and routinely differs from it.
No. The grey market is an informal, over-the-counter market between private dealers that is not operated or supervised by NSE, BSE or SEBI. No trade settles through a clearing corporation and no dealer is obliged to honour a quote, so the premium can change sharply within a day or disappear after bidding closes.
Readings are collected about once an hour from third-party grey-market reporters while the issue is open, and each reading is timestamped. The history table shows one row per day, with the number of readings behind it.
The registrar processes the allotment and the refunds. Contact details are as printed in the offer document; the exchange and your broker cannot change an allotment.
Grey Market Premium is the price at which an unlisted IPO application or share changes hands informally, before the stock is listed on the exchange. It is quoted as a rupee figure over the issue price: a premium of ₹3 on a ₹362 upper band means the grey market is dealing at ₹365.
The grey market is an over-the-counter market between private dealers. It is not operated or supervised by NSE, BSE or SEBI, no trade is settled through a clearing corporation, and no dealer is obliged to publish or honour a quote. Figures are collected by third-party reporters and different sources routinely disagree, which is why a premium can move sharply within a day or vanish entirely once bidding closes.
Grey Market Premium is an unofficial, unregulated over-the-counter datapoint reported by third parties. It is not a price, a forecast, or an indication of listing gains, and is not investment advice.