Cube Highways Trust
Cube Highways Trust is an infrastructure investment trust (InvIT) that owns and invests in road infrastructure assets across India through special purpose vehicles.
Last updated 31 Aug 2026, 9:09 am IST
- Price band
- ₹151 – ₹152
- Lot size
- 95
- Issue size
- ₹5,000 Cr
- Opens
- 22 Jul 2026
- Closes
- 24 Jul 2026
- Exchange
- Both
The numbers
- Subscription
- 4.94× (final)
- Listing gain
- ~+2% (₹155 NSE)
- Listing date
- 29 Jul 2026
- Model prediction
- Listed 29 Jul ~+2% (₹155 NSE). InvIT — steady income, not a listing pop → Neutral.
The Ticker Tales take
Cube Highways Trust is an infrastructure investment trust (InvIT) that owns a diversified portfolio of 27 toll and annuity road projects across 12 states and one union territory — a long-term, cash-generating income vehicle rather than a typical growth IPO. At ₹5,000 Cr it's one of the year's larger issues, backed by an experienced sponsor with a visible pipeline of assets to acquire. It closed on 24 Jul about 4.94× subscribed — a healthy finish, as the big institutional money for an InvIT usually comes in late. Because the appeal here is steady distributions over time rather than a listing pop, our call stayed Neutral. It listed on 29 Jul at around ₹155 on NSE — roughly +2% over the ₹152 issue price — a modest debut, exactly the steady-not-spectacular read we flagged.
More details
- Sector
- Roads / infrastructure InvIT
- Portfolio
- 27 highway projects across 12 states + 1 UT
- Issue type
- InvIT (road assets)
- Anil Singhvi - Long-term call
- Not clearly stated
- Anil Singhvi - Listing-gain call
- Not clearly stated
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Calls here follow a set formula (GMP, subscription trends) plus Anil Singhvi's publicly shared view — not investment advice. Please do your own research before investing.