IPO alert: Elevate Campuses’ growth pitch faces a debt test
A ipo & listings development with market-wide reach.
· LiveMint Markets
The ₹2,100-crore IPO offers investors exposure to student housing and school infrastructure, but rising debt, weaker capital returns and acquisition-led growth temper the appeal.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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