Announced Thu, 1 Oct, 2026 · 09:55 IST
SBI MF crosses 5% in Elevate Campuses via IPO allotment
ELEVATE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.9%1-day move
₹319.70
prior close
₹344.65
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.6-1.9-2.2-2.9+4.9+5.8+9.2+3.4——————
Up moveDown movePending
AI summary
SBI Mutual Fund received 36,74,950 shares (2.18%) of Elevate Campuses through its IPO on Sep 29, 2026, taking its total holding across schemes to 1,21,00,327 shares (7.18%). The disclosure under SEBI Takeover Regulations was triggered because the holding crossed the 5% mark. SBI MF is not part of the promoter group.
Likely market impact
A leading mutual fund taking a meaningful stake via the IPO is a positive institutional validation, though 7.18% is not a controlling position.