Elevate Campuses Said to Launch $267 Million India IPO in August
Hillhouse Investment Management Ltd.-backed Elevate Campuses Ltd. is preparing to launch its 25.55-billion rupee ($267 million) initial public offering as early as August, according to people familiar with the matter,...
By Rajesh Mascarenhas and Baiju Kalesh · Bloomberg Markets
Hillhouse Investment Management Ltd.-backed Elevate Campuses Ltd. is preparing to launch its 25.55-billion rupee ($267 million) initial public offering as early as August, according to people familiar with the matter, paving the way for India’s first listed operator of student dorms.