• Core business portfolio: The company operates student housing by owning and managing approximately 22,000 beds across India, managing an additional 55,000 beds for universities, and owning K-12 school buildings leased out to operators.
• K-12 asset acquisition: It is allocating ₹1,100 crore of primary IPO proceeds to acquire 14 to 15 cash- and EBITDA-generating school entities from a promoter-owned fund to consolidate them onto its balance sheet.
• Debt reduction plans: Around ₹700 to ₹750 crore will be utilized for debt repayment to reduce net debt from ₹3,400 crore to approximately ₹2,600 to ₹2,700 crore, supported by a net block of ₹6,400 crore.
• Major campus partnerships: Top assets include 100% residential OP Jindal University in Sonipat and Manipal University Jaipur (6,000 owned and 6,500 managed beds), where the company acts as the sole student housing provider.