Cube Highways Trust InvIT
Cube Highways Trust InvIT
Overview
Cube Highways Trust InvIT is a book build issue of ₹5,000.00 crores. The issue is entirely an offer for sale of 32.89 crore shares of ₹5,000.00 crore. Cube Highways Trust InvIT opens for subscription on Jul 22, 2026 and closes on Jul 24, 2026. The allotment for the Cube Highways Trust InvIT is expected to be finalized on Jul 27, 2026. Cube Highways Trust InvIT will list on NSE and BSE with a tentative listing date fixed as Jul 29, 2026. Cube Highways Trust InvIT is set offered price band at ₹151 to ₹152 per share. Kotak Mahindra Capital Co.Ltd. is the book running lead manager and Kfin Technologies Ltd. is the registrar of the issue.
Total Shares
32,89,47,368
Issue Size
₹5,000 Cr
Price Band
₹151 – ₹152
Lot Size
0 shares
Min. Investment
₹0
Max. Investment
₹0
Open Date
22 Jul, 2026
Close Date
24 Jul, 2026
Allotment
27 Jul, 2026
Listing
29 Jul, 2026
Max. Investment
₹0
Announced
22 Jul, 2026
Opening Date
22 Jul, 2026
Closing Date
24 Jul, 2026
Basis of Allotment
27 Jul, 2026
Initiation of Refunds
28 Jul, 2026
Credit of Shares
28 Jul, 2026
Listing Date
29 Jul, 2026
Apply via UPI in 5 minutes
Choose your broker • Zero commission on IPO
About Cube Highways Trust InvIT
Incorporated in March 2022, Cube Highways Trust is an Indian Infrastructure Investment Trust (InvIT) sponsored by Cube Highways and Infrastructure V Pte. Ltd., established to acquire, own, operate, and manage road and other infrastructure assets across India. The Trust operates a diversified portfolio of highway assets comprising toll and annuity-based projects, generating stable cash flows through long-term concession agreements. As of March 31, 2026, its portfolio consisted of 27 road asset
Cube Highways Trust InvIT Share Price
Issue Breakdown
Shareholding
Dilution: 0.0% increase in shares
Cube Highways Trust InvIT Financial Health
Cube Highways Trust's revenue increased by 26% and profit after tax (PAT) rose by 707% between the financial year ending with March 31, 2026 and March 31, 2025.
Cube Highways Trust InvIT Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| - | - | - | - |
(All values in CR)
Cube Highways Trust InvIT Valuations
| Metric | Value |
|---|---|
| - | - |
(All values in CR)
Cube Highways Trust InvIT Strength & Risk
Cube Highways Trust InvIT Strength
- Diversified portfolio of 27 operational highway assets across 12 states and one Union Territory, reducing project-specific risk.
- Stable cash flow profile supported by a mix of toll roads and NHAI-backed annuity assets, providing predictable distributions to unitholders.
- Backed by reputed global infrastructure investors, including I Squared Capital, ADIA, Mubadala, and BCI, enhancing governance and financial strength.
- Strong credit profile with AAA credit rating and prudent leverage, supported by cash flow pooling and debt service reserve mechanisms.
- Long average residual concession life of around 18 years, offering long-term revenue visibility.
- Eligible to distribute at least 90% of net distributable cash flows, making it attractive for income-focused investors.
Cube Highways Trust InvIT Risk
- Revenue from toll assets depends on traffic volumes, economic activity, and vehicle movement across highways.
- Interest rate increases can reduce the attractiveness of InvIT yields and may put pressure on unit prices.
- High debt levels require consistent cash generation to comfortably service borrowings.
- Changes in government policies, toll regulations, or concession terms could affect future cash flows.
- Finite concession periods mean the trust must continue acquiring new road assets to sustain long-term distributions.
Cube Highways Trust InvIT GMP
Cube Highways Trust InvIT InvIT last GMP is ₹0, last updated Jul 18th 2026 10:53 AM. With the upper price band of ₹152.00, Cube Highways Trust InvIT InvIT's estimated listing price is ₹152 (cap price + today's GMP). The expected percentage gain/loss per share is 0.00%.
Last updated 18 Jul, 2026 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 18 Jul, 2026 | 152 | ₹0 | - | ₹152 (0.00%) | - | 18 Jul, 2026 |
| 17 Jul, 2026 | 152 | ₹0 | - | ₹152 (0.00%) | - | 17 Jul, 2026 |
| 16 Jul, 2026 | 152 | ₹0 | - | ₹152 (0.00%) | - | 16 Jul, 2026 |
| 15 Jul, 2026 | 152 | ₹0 | - | ₹152 (0.00%) | - | 15 Jul, 2026 |
| 14 Jul, 2026 | 0 | ₹0 | - | ₹ (%) | - | 14 Jul, 2026 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for Cube Highways Trust InvIT
Login to Your Trading App
Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find Cube Highways Trust InvIT under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.