Mumbai, Maharashtra, 16th of July, 2026 : A significant investment opportunity has emerged in India’s highway infrastructure sector as Cube Highways Trust has announced the price band for its Initial Public Offering (IPO) at ₹151–₹152 per unit. The public issue, aggregating to around ₹5,000 crore, will open for subscription on July 22, 2026, and close on July 24, 2026. Retail investors can bid for a minimum of 95 units, and thereafter in multiples of 95 units.
Ahead of the IPO, Cube InvIT has already secured strong institutional backing. The Trust has entered into unit subscription agreements worth ₹1,250 crore with five strategic investors. These include Prazim Trading and Investment Company, HDFC Life Insurance, HDFC Pension Fund Management, Axis Max Life Insurance, and WhiteOak Capital REITs & InvIT Alternatives Fund. Among them, Prazim Trading and Investment Company will make the largest commitment of ₹950 crore, reflecting strong confidence in the offering.
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