Cube Highways Trust raises ₹1,250 crore from investors ahead of its initial public offering, according to reports. The public issue is sized at ₹5,000 crore and will be offered with a price band of ₹151–₹152 per unit. The IPO is scheduled to open for subscription on July 22 and close on July 24. The sources also indicate that the trust’s fundraising and public offering timelines align with this subscription window. The coverage does not add details on the specific terms of the ₹1,250 crore investor raise, the allocation breakdown between institutional and public portions, or any changes to the offer structure beyond the stated price band and issue size. Overall reporting focuses on the pre-IPO funding amount, the unit price range, and the key dates for investors looking to apply during the public subscription period.
Cube Highways Trust raises ₹1,250 crore ahead of IPO; price band set at ₹151–152
Cube Highways Trust raises ₹1,250 crore from investors ahead of its initial public offering, according to reports. The public issue is sized at ₹5,000 crore and will be offered with a price band of ₹1...
- Cube Highways Trust raises ₹1,250 crore from investors ahead of its IPO.
- The IPO public issue size is ₹5,000 crore.
- The price band is set at ₹151–₹152 per unit.
- The public issue opens for subscription on July 22.
- The public issue closes on July 24.
Issue to open for subscription on July 22 and close on July 24
3 hours agoThe public issue will close on July 24
23 hours ago
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