Elevate Campuses IPO Day 3: GMP, subscription status and key details. Should you subscribe?

The Rs 2,100-crore Elevate Campuses IPO closes for subscription today, September 25, commanding a 1% grey market premium. Subscribed 23% overall on Day 2, the fresh-issue offer received a "Subscribe" rating from Sushil Finance, backed by strong revenue growth, high occupancy rates, and planned acquisitions in education infrastructure.