← Top stories
IPO● Neutral for Indian equities
Elevate Campuses IPO is fully subscribed on final bidding day
The brief
- The IPO is a **₹2,100-crore fresh issue**
- Day-two subscription reports differ: **20%** overall versus 23%; the issue was fully subscribed on the final day
- The listing offers investors exposure to India’s student-housing market
- Adroit Industries IPO subscribed 177 times; Swastika Infra, Elevate Campuses, ArMee Infotech gets full subscription
- Four IPOs from Adroit Industries, ArMee Infotech, Swastika Infra and Elevate Campuses move toward allotment