Grey market quotes the Mainboard at a ₹10 premium over the upper band of ₹362, pointing to an indicative listing near ₹372. Last updated: 15 Oct 2026, 02:26 IST.
Elevate Campuses commands a grey-market premium of ₹10 (+2.8% of the ₹362 upper band), about ₹410 per lot of 41 shares. Street demand is warming: the quote climbed from ₹7 to ₹10 across 2 tracked sessions, usually tracking stronger books or a firm market. Books show 1.89x total subscription (QIB 2.66x, NII 0.89x, retail 1.07x). At ₹2,100 Cr this is a heavyweight issue — large floats absorb grey-market heat faster, so premiums here move slower than SME pops. This issue has already listed — compare the debut against the premium trail above to judge how honest the street signal was.
Unofficial street quote — treat as sentiment alongside subscription breadth and fundamentals, never as a promised listing price.
| Date | GMP | Est. Gain |
|---|---|---|
| 01 Oct | +₹10 | +2.8% |
| 30 Sep | +₹7 | +1.9% |
Est. gain = GMP as % of the upper band price (indicative listing premium).
Grey Market Premium is an unofficial, off-exchange quote. SEBI does not recognise grey-market trading; the actual listing price is decided by order-book demand on debut day.
| Price Band | ₹343 - ₹362 |
|---|---|
| Lot Size | 41 shares |
| Issue Size | ₹2,100 Cr |
| Opening Date | 23 Sep 2026 |
| Closing Date | 25 Sep 2026 |
| Listing Date | 30 Sep 2026 |
| Subscription | 1.89x |
The latest unofficial grey market premium for Elevate Campuses IPO is ₹10 (+, as of 15 Oct 2026, 02:26 IST).
GMP is a street quote that reacts to subscription momentum, market mood and last-day demand — at the current ₹10 premium the rough math is upper band plus premium, but the number is re-quoted through the bidding window and never guaranteed.
No. GMP is an unofficial sentiment indicator that can change quickly. The actual listing price is decided by regular order-book demand on the exchanges on debut day. For Elevate Campuses, the book stands at 1.89x overall with QIB demand at 2.66x — read that breadth next to the premium, not the premium alone.
The full report with subscription status, RHP financials, strengths and data-based analysis signal is on the Elevate Campuses IPO detail page.
Read the full Elevate Campuses IPO report →
Last updated: 15 Oct 2026, 02:26 IST