Cube Highways Trust IPO: ₹50,000 Million Offer Filed
By IPO Desk
Cube Highways Trust files ₹50,000 million IPO with SEBI for public InvIT conversion. Key approvals secured for market liquidity enhancement.
Cube Highways Trust filed its Final Offer Document with SEBI on July 27, 2026, targeting an offer for sale of units worth approximately ₹50,000 million. This move transitions the entity from a private to a public Infrastructure Investment Trust (InvIT).
Key Details
The filing outlines several core components:
Offer for Sale Value: Approximately ₹50,000 million
Filing Date: July 27, 2026
Regulatory Body: SEBI
The conversion aims to expand the investor base for Cube Highways Trust and enhance the liquidity of its units in the market. This process follows strict SEBI (Infrastructure Investment Trusts) Regulations, 2014.
Regulatory Path
Key approvals for this transition included:
Investment Manager Approval: Board of Directors of Cube Highways Fund Advisors Private Limited approved on July 27, 2026.
Unitholder Approval: Granted on February 20, 2026.
Relevant Circular: SEBI Master Circular no. SEBI/HO/DDHS-PoD-2/P/CIR/2025/102 dated July 11, 2025.
The Final Offer Document, also dated July 27, 2026, details the terms for the offer for sale. It is publicly available on the trust’s official website and has been submitted to both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India Limited (NSE).
Involved Parties
Several entities are central to the InvIT’s operations and this offering:
Issuer: Cube Highways Trust
Investment Manager: Cube Highways Fund Advisors Private Limited
Trustee: Axis Trustee Services Limited
Debt Security Trustee: Catalyst Trusteeship Limited
Company Secretary: Richa Gupta Rohatgi
Cube Highways Trust is listed on exchanges under the symbol CUBEINVIT, with Scrip Code 543899 and ISIN INE0NR623014. The conversion will undergo regulatory scrutiny before the offer for sale proceeds, ultimately transferring unit ownership to new public investors.