Elevate Campuses Ltd

Elevate Campuses Limited was originally incorporated as 'Woodstock Ambience Private Limited' on April 8, 2005, as a private limited company at Bengaluru, Karnataka, India. The name of the Company was changed to 'Good Host Spaces Private Limited', dated January 9, 2018. Upon conversion of Company into a public limited company, the name of Company was changed to 'Good Host Spaces Limited', and a fresh certificate of incorporation dated August 20, 2025, was issued by the RoC. Thereafter, the name was subsequently changed to 'Elevate Campuses Limited', and a fresh certificate of incorporation was issued by the Central Processing Centre on September 8, 2025. The Company own, operate and manage on-campus student accommodation across higher education institutions (HEIs) and owning K-12 Assets in India. Their mission is to build inclusive educational communities by delivering modern student accommodation and K-12 Assets that nurture student wellbeing and development. The portfolio comprises both owned and managed assets, comprising 66,272 beds as of August 31, 2025. Owned Portfolio' comprises five student accommodation campuses totaling 16,934 beds, 16 K-12 Assets in eight Indian cities, and two K-12 Assets in Dubai (UAE). Managed Portfolio' comprises 14 student accommodation campuses, totaling 49,338 beds under management, as on August 31, 2025. It also deliver community and campus technology services for the Managed Portfolio such as media coverage of HEIs and organizing community events at the HEIs. The Company commenced business in 2005. Since commencing the Company's operations in FY2018 as an independent owner and operator of student accommodation, Company has expanded the portfolio to 16,934 Owned Beds as of August 31, 2025 from 9,153 Owned Beds in the Financial Year 2018. It has developed an asset-light business model starting from 2024, by entering into management contracts with HEIs, with the Managed Portfolio comprising 49,338 Managed Beds as of August 31, 2025. Further, K-12 HoldCos acquired the K-12 Assets business in 2024, which increased from 12 K-12 Assets in the Financial Year 2023 to 18 K-12 Assets as of August 31, 2025. On April 11, 2025, Company has acquired ScholarZ, a hostel management business, through its subsidiary, Elevate Hostel Management Services Private Limited, pursuant to business transfer agreement dated February 28, 2025 and amendment agreement dated April 10, 2025. Company is planning the IPO by raising funds of Rs 2550 crores of face value of Re 1/- each through fresh issue.