Search IPOs
CUBEINVIT · NSE,BSE · Road Assets–Toll, Annuity, Hybrid-Annuity
Cube Highways Trust InvIT listed on 03 Aug 2026 on NSE,BSE at ₹155.00, a gain of 1.97% over the issue price of ₹152.00. The IPO was subscribed 9.35x overall.
Cube Highways Trust InvIT tentative timeline covering IPO opening, closing, basis of allotment, refunds, demat credit, and listing dates.
| Event | Date |
|---|---|
| IPO Open Date | 22 Jul 2026 |
| IPO Close Date | 24 Jul 2026 |
| Basis of Allotment | 27 Jul 2026 |
| Initiation of Refunds | 28 Jul 2026 |
| Credit of Shares to Demat | 28 Jul 2026 |
| Listing Date | 03 Aug 2026 |
Listing day gain
+1.97%
Listed at ₹155 (issue ₹152)
Issue
₹152
Listing
₹155
Current
₹156.96
+3.26% vs issue
Day range
₹153.52 – ₹157.44
Issue Size
328,947,368 shares
(aggregating up to ₹5,000.00 Cr)
Issue Price
₹151 – ₹152
Face Value
[.]
Market Lot
95 shares
Retail Min Investment
₹14,440
Listing At
NSE,BSE
Sale Type
offer for sale
Fresh Issue
[.]
Offer for Sale
328,947,368 shares
(aggregating up to ₹5,000 Cr)
Issue Type
book building
Open Date
22 Jul
Close Date
24 Jul
Allotment
27 Jul
Listing
03 Aug
Last updated: 2 months ago
| Date | IPO Issue Price (₹) | GMP (₹) | Est. Listing Price (₹) | Est. Profit Amount (₹) | Est. Profit % | Last Updated |
|---|---|---|---|---|---|---|
| 02 Aug 2026 Latest | ₹152 | ₹1.75 | ₹153.75 | ₹1.75 |
1.15%
|
4:03 PM |
| 02 Aug 2026 | ₹152 | ₹1.75 | ₹153.75 | ₹1.75 |
1.15%
|
12:33 AM |
Showing the 2 most recent GMP entries.
View full GMP historyLatest snapshot: 24 Jul 2026
| Category | Subscribed (x) |
|---|---|
| QIB | 13.2x |
| NII | 4.74x |
| Total | 9.35x |
Showing the latest subscription snapshot.
View full subscription historyNew to lot sizes and investment limits? Read our guide on IPO lot size and minimum investment.
| Category | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 1 | 95 | ₹14,440 |
| Retail (Max) | 13 | 1,235 | ₹187,720 |
| S-HNI (Min) | 14 | 1,330 | ₹202,160 |
| S-HNI (Max) | 69 | 6,555 | ₹996,360 |
| B-HNI (Min) | 70 | 6,650 | ₹1,010,800 |
Want to understand how IPO shares are divided between investor categories? Read our guide on IPO reservation structure.
| Category | Shares Offered |
|---|---|
| QIB Shares Offered | 185,522,935 |
|
•
Anchor Investor Shares Offered
|
111,019,565 |
|
•
QIB (Ex. Anchor) Shares Offered
|
74,503,370 |
| NII (HNI) Shares Offered | 62,086,110 |
| Retail Shares Offered | 82,236,840 |
| Total Shares Offered | 329,845,885 |
Registered with SEBI in 2022, Cube Highways Trust (CUBEINVIT) operates as a premier, high-capacity Infrastructure Investment Trust (InvIT) within India’s critical roads and highways sector. Sponsored by Singapore-based Cube Highways entities and backed by global heavyweights like private equity firm I Squared Capital, Abu Dhabi’s sovereign wealth fund Mubadala, and the Canadian pension fund BCI, the trust stands out as a fundamentally robust investment vehicle.
The trust addresses the high-stakes execution and long-term monetization of India’s heavy grid connectivity. Its asset-heavy portfolio consists of 27 high-quality, operational road assets spanning over 8,754 lane kilometers across 12 states and a union territory. By balancing steady-yield National Highway Authority of India (NHAI) toll roads with predictable annuity and Hybrid Annuity Model (HAM) stretches, Cube Highways Trust minimizes geographic and commodity risk while maximizing cash flows.
Holding an elite AAA credit rating, the trust manages over ₹36,800 crore in assets under management (AUM). Unlike standard public listings, its core structure requires distributing at least 90% of net distributable cash flows to unitholders on a periodic basis. As the trust executes its ₹5,000 crore public offer-for-sale (OFS) to transition into a widely held public vehicle, it stands out as an innovation-driven institutional asset poised to ride India's booming economic transit corridor.
Standalone · ₹ in Crores
| Particulars | FY Mar 2024 | FY Mar 2025 | FY Mar 2026 |
|---|---|---|---|
| Total Revenue | 3,074.11 | 3,453.15 | 4,359.03 |
| Profit After Tax (PAT) | -705.92 | -35.72 | 216.72 |
| EBITDA | 1,368.86 | 2,379.7 | 3,234.54 |
| Total Assets | 24,625.75 | 28,000.16 | 29,398.47 |
| Net Worth | - | - | - |
| Reserves & Surplus | 78.7 | 126.97 | 147.94 |
| Total Borrowing | 10,735.27 | 15,114.69 | 17,664.71 |
Revenue & Profit Trend
The basis of allotment for Cube Highways Trust InvIT was finalised on 27 Jul 2026. You can check your allotment status using your PAN number or application number on the KFin Technologies Limited portal or BSE.
The Cube Highways Trust InvIT is expected to open in Jul 2026, subject to SEBI approval. Final dates will be updated once announced officially.
The price band for Cube Highways Trust InvIT is ₹151.00 - ₹152.00 per share.
As per market sources, Cube Highways Trust InvIT GMP is currently ₹1.75. GMP is tracked daily in the grey market. GMP indicates unofficial demand but does not guarantee listing gains.
The subscription status for Cube Highways Trust InvIT stands at 9.35x overall.
The listing date for Cube Highways Trust InvIT is 03 Aug 2026.
No comments yet. Be the first to comment!
