Cube Highways Trust InvIT IPO Subscription Status – Day 3
| Category | Day 1 | Day 2 | Day 3 |
| QIB | 0.00 | 0.00 | 13.20 |
| NII | 0.07 | 0.56 | 4.74 |
| Total | 0.03 | 0.26 | 9.35 |
IPOWatch View
We recommend investors may apply for an IPO with Long-term Views. Investors should also look at the QIB, NII, and Retail numbers before investing.
The Cube Highways Trust InvIT IPO minimum market lot is 95 shares with ā¹ā¹14,440 application amount. The Cube Highways Trust InvIT IPO is a Mainboard IPO, and it is to be listed on BSE, NSE.
Business Overview
Founded in March 2022, Cube Highways Trust is an Indian Infrastructure Investment Trust (InvIT) that acquires, owns, operates, and manages road and other infrastructure assets across India. Basically, the trust owns and manages different highway projects that earn revenue via toll collections and fixed payments from the government under long-term contracts.
The trust is sponsored by Cube Highways and Infrastructure V Pte. Ltd buys already mature, cash-generating infrastructure assets and improves their performance by maintaining and managing them well and investing money carefully. The support of Cube Group offers them strong financial backing, and experience in securing infrastructure assets helps Trust expand its portfolio, creating long-term value for its investors.
Cube Highways Trust InvIT IPO Investor Categories
- Qualified Institutional Buyers (QIB): Financial Institutions, Banks, FIIs, and Mutual Funds
- Non-Institutional Investors(NII): Individual Investors, NRIs, Companies, Trusts, etc
- Retail Individual Investors (RII): Retail Individual Investors or NRIs
- Employee (EMP): Eligible Employees
- Others: Eligible Shareholders
Cube Highways Trust InvIT IPO Review and Rating
- Neutral
Cube Highways Trust InvIT IPO Form
How to apply for the Cube Highways Trust InvIT IPO? You can apply for Cube Highways Trust InvIT IPO via ASBA available in your bank account. Just go to the online bank login and apply via your bank account by selecting the Cube Highways Trust InvIT IPO in the Invest section. The other option is you can apply for Cube Highways Trust InvIT IPO via IPO forms downloaded online. Check out the Cube Highways Trust InvIT forms – Click IPO Forms blank IPO forms download, fill, and submit in your bank or with your broker.
