Cube Highways Trust InvIT IPO price band set at ₹151-152 per unit; check GMP, key dates, issue details

Cube Highways Trust InvIT IPO price band has been fixed at Rs 151 to Rs 152 per unit, with subscription opening on 22 July and closing on 24 July. The InvIT is estimated to be worth Rs 20,429.86 crore at the upper price band, and the issue comprises only an offer for sale, meaning the trust will not receive any proceeds. Ahead of the IPO, the trust raised Rs 1,250 crore from strategic investors including HDFC Life Insurance, HDFC Pension Fund, Axis Max Life Insurance, WhiteOak Capital, and Prazim Trading. As of FY26, the trust has assets under management of Rs 36,842 crore and net debt of Rs 17,768 crore, with a portfolio of 27 operational road assets and binding agreements to acquire four more assets.