Cube Highways Trust has informed the Exchange regarding Unitholding pattern prior to listing
Awaiting price reaction for this filing.
Cube Highways Trust (InvIT) has submitted its Ordinary Unitholding Pattern as on July 15, 2025, one day before the listing of its units on BSE and NSE, following the reclassification of Subordinate Units into Ordinary Units. Total outstanding units stand at approximately 133.44 crore. The Sponsor Group holds 55.64 crore units (41.69%), entirely through Foreign Corporate Bodies, with an additional column showing 20.16 crore units (36.24%) likely reflecting post-reclassification sponsor stake. Public unitholders collectively hold 77.81 crore units (58.31%), spread across Mutual Funds (9.48%), Insurance Companies (3.12%), FPIs (0.62%), AIFs (1.01%), Foreign Bodies Corporate (24.54%), Domestic Bodies Corporate (15.56%), Trusts (1.13%), NRIs (0.07%), and retail Individuals (2.18%). The reclassification from subordinate to ordinary units is a key milestone enabling trading liquidity on exchanges.
For existing unitholders, the reclassification of Subordinate Units into Ordinary Units makes these units freely tradable on exchanges, potentially unlocking liquidity and tighter price discovery. The strong institutional public participation (Mutual Funds, Insurance, FPIs) signals credible demand, which may support orderly trading and stable pricing post-listing.