Home / Business and Economy / Cube Highways Trust IPO Opens: Rs 5,000 Cr Subscription Begins
Cube Highways Trust IPO Opens: Rs 5,000 Cr Subscription Begins
22 Jul
Summary
- Cube Highways Trust InvIT's Rs 5,000 crore IPO is open for subscription.
- The public issue is entirely an offer for sale with shares priced Rs 151-152.
- The trust manages 27 road assets across 12 states and one Union Territory.
Cube Highways Trust InvIT commenced its significant Rs 5,000 crore initial public offering (IPO) on July 22, 2026, and will accept subscriptions until July 24, 2026. This extensive public offering consists solely of an offer for sale, presenting 32.89 crore shares to investors.
The price for each equity share has been set within a range of Rs 151 to Rs 152. Investors are required to place bids for a minimum of 95 units, with subsequent bids made in multiples of this quantity. For retail investors, the minimum investment at the higher end of the price band amounts to Rs 14,440.
The allotment process is slated for finalization on July 29, 2026. Subsequently, the units are anticipated to be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) on August 3, 2026.
Cube Highways Trust, incorporated in March 2022, is an Indian Infrastructure Investment Trust (InvIT). It is dedicated to acquiring, owning, operating, and managing road and other infrastructure assets throughout India. Its portfolio is composed of toll and annuity-based road projects.
As of March 31, 2026, the Trust's portfolio impressively featured 27 road assets, covering a substantial 8,754 lane kilometers distributed across 12 states and one Union Territory. The strategic management and growth of Cube Highways Trust are overseen by Cube Highways Fund Advisors Private Limited.
