Cube Highways InvIT IPO: ₹5000 Cr Issue Opens July 22
Highway traffic in India
Key Highlights
Cube Highways Trust InvIT IPO launches July 22, 2026, aiming to raise ₹5000 Cr. Discover IPO dates, price band, and reservation details.
Cube Highways Trust InvIT is set to launch its Book Build Issue on July 22, 2026, aiming to raise approximately ₹5000 crores. The will run until July 24, 2026, with a price band between ₹151 and ₹152 per equity share.
Key IPO Details:
- Issue : July 22, 2026
- Issue Close: July 24, 2026
- : ₹151 to ₹152 per share
- : August 3, 2026 on and
- Allotment Finalized: July 29, 2026
- Minimum Lot: 95 shares
- Minimum Application: ₹14,440
The IPO’s reservation structure allocates 75% of the shares to (QIB). Non-Institutional Investors () will receive the remaining 25%, with no portion reserved for retail investors.
Established in March 2022, Cube Highways Trust operates as an Indian Infrastructure Investment Trust (InvIT). Its business model involves acquiring, owning, operating, and managing road and other infrastructure assets across India.
generation primarily comes from toll collections and fixed payments from government contracts. Cube Highways and Infrastructure V Pte. Ltd. sponsors the trust, providing financial backing and expertise.
The trust reported a revenue of ₹4,359.03 crores in 2026, up from ₹3,453.15 crores in 2025. Despite increased revenue, it recorded a loss of ₹216.72 crores in 2026, wider than the ₹35.72 crores loss in 2025.
The IPO features a syndicate of lead managers including Kotak Mahindra Capital Company Limited, HDFC Bank Limited, HSBC Securities and Capital Markets (India) Private Limited, and JM Financial Limited. KFin Technologies Limited is serving as the official registrar, with the source suggesting long-term investment consideration.