Cube Highways Trust is an Infrastructure Investment Trust (InvIT) registered with the Securities and Exchange Board of India (SEBI). Established in December 2021, the Trust invests in and manages operational road infrastructure assets across India through special purpose vehicles (SPVs) and holding companies.
The Trust owns a diversified portfolio of 27 operational road assets and plans to expand its portfolio with four additional highway assets. These projects include highways, expressways, toll roads, and other transportation infrastructure operating under long-term concession agreements with various government authorities.
Cube Highways Fund Advisors Private Limited serves as the Investment Manager, while Cube Highways and Transportation Assets Advisors Private Limited acts as the Project Manager. The Trust focuses on acquiring operational infrastructure assets that generate stable cash flows and deliver long-term value to its unitholders through efficient asset management.
Its portfolio is spread across multiple Indian states, providing geographical diversification and exposure to established transportation infrastructure projects.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 0% | -- |
| Non-Institutional Investors (NIIs) | 0% | -- |
| Retail Individual Investors (RIIs) | 0% | -- |
Diversified portfolio of operational road assets across multiple states in India.
Focus on stable cash flow generation through long-term operational infrastructure assets.
Experienced investment and project management teams with expertise in highway infrastructure.
Expansion strategy through the acquisition of additional operational road assets.
Increase in promoter holding during the last quarter reflects continued promoter confidence.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| 27 Jul '26 | 29 Jul '26 | 28 Jul '26 |
| Issue Composition: | |
|---|---|
| Face Value | ₹0 per share |
| Total Issue Size | 32,89,47,368 shares (aggregating up to To be announced) |
| Fresh Issue | NaN shares (aggregating up to To be announced) |
| Offer for Sale | ∞ shares of ₹0 (aggregating up to ₹32,89,47,368 crores) |
| Issue Type | Book Building InvIT |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Cube Highways Trust ipo has been designed to ensure broad participation while maintaining optimal price discovery.
B-376, Upper Ground Floor, Nirman Vihar New Delhi
Kfin Technologies Ltd.
| Book Running Lead Manager(s) |
|---|
| Kotak Mahindra Capital Co.Ltd. | HDFC Bank Ltd. | HSBC Securities & Capital Markets (India) Pvt.Ltd. | JM Financial Ltd. |