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Cube Highways IPO: From anchor investors to GMP — 5 ‘must know’ details about Rs 5,000 cr issue

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  1. Cube Highways Trust InvIT IPO opens today with a total issue size of Rs 5,000 crore.

  2. The IPO includes a fresh issue of up to Rs 1,500 crore and an offer for sale of up to Rs 3,500 crore.

  3. Price band is set at Rs 280-282 per unit, with a lot size of 200 units.

  4. Anchor investors include entities like GIC, Morgan Stanley, and ADIA.

  5. The IPO will close on December 15, 2023, with listing on BSE and NSE.

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Indian Express Group

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