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 6 Aug 2026, 9:07 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.