Elevate Campuses Ltd. IPO

We own, operate and manage on-campus student accommodation across HEIs and own K-12 Assets. As of March 31, 2026, our current capacity in the Pre-Acquisition Group enables us to cater to 80,255 students and we are present across 15 cities in India and one city in United Arab Emirates. We enable HEIs and K-12 school operators (“K-12 Operators”) to offer quality learning environments that support student development and foster all-round growth. We operate our student accommodation business under the “Good Host Spaces” and “ScholarZ” brands.

Our mission is to build inclusive educational communities by delivering modern student accommodation and K- 12 Assets that nurture student wellbeing and holistic development. Our portfolio comprises both owned and managed assets. Our ‘Owned Portfolio’ comprises seven student accommodation campuses totaling 20,368 beds (“Owned Beds”) across six Indian cities as of March 31, 2026, and two K-12 Assets in Dubai (UAE). Our ‘Managed Portfolio’ comprises 14 student accommodation campuses, totaling 55,487 beds under management (“Managed Beds”), as of March 31, 2026 (“Managed Portfolio”). We also deliver community and campus technology services for our Managed Portfolio such as media coverage of HEIs and organizing community events at the HEIs (“Community and Campus Technology Services”).

We believe being an institutionalized, independent, scaled operator early on affords us strategic advantages, including enhanced credibility and trust with HEIs and K-12 Operators. Our comprehensive operating capabilities including deal sourcing, site selection, development, asset acquisition, asset repositioning and community engagement, enable us to streamline non-core operations for HEIs and K-12 Assets, allowing them to focus on delivering academic outcomes, ensuring skill development and managing academic curriculum which is core to their business. We also benefit from increased operational efficiency and superior service quality. We collaborate with leading educational institutions known for their academic outcomes, accreditations, faculty credentials, research contributions and placement records. These institutions include several campuses of Manipal Academy of Higher Education (“MAHE”), Manipal University, Jaipur (“MUJ”) and the Meraki Education (“Meraki”).