Cube Highways Trust has set the price band for its Infrastructure Investment Trust (InvIT) initial public offering (IPO) at ₹151-152 per unit. The subscription window for the IPO will open on July 22 and close on July 24, with the shares expected to list on July 29, according to livemint.com.
The IPO has allocated 75% of the issue size for Qualified Institutional Buyers (QIBs) and 25% for Non-Institutional Investors (NIIs). This allocation strategy aims to attract a mix of institutional and retail investors. The company disclosed these details as part of its IPO filing and pricing announcement on July 16, 2026, as reported by livemint.com.
Cube Highways Trust InvIT's IPO enters a competitive market for infrastructure investment vehicles, which have seen growing investor interest due to stable cash flows from road assets. Comparable InvIT offerings have demonstrated strong subscription levels, reflecting demand for infrastructure assets. The pricing band positions the IPO within a range that balances investor appetite and capital raising goals, according to market data from livemint.com.
The IPO subscription period will run from July 22 to July 24, with the listing scheduled for July 29. Investors will be able to subscribe through designated channels during this period, marking a key milestone for Cube Highways Trust's capital raising efforts, as detailed by livemint.com.