IPO GMP Today: Cube Highways Trust InvIT Subscription 1.51X, Check Issue Size, Price Band, Other Details

IPO GMP Today: The initial public offering (IPO) of Cube Highways Trust InvIT was subscribed 150% on the final day of bidding. Cube Highways Trust InvIT IPO's Grey Market Premium (GMP) also remained unchanged. The issue opened for subscription on Wednesday and is seeing a muted response from investors.

Cube Highways Trust InvIT Subscription Status

The issue was subscribed 1.51 times on Friday, as per Chittorgarh data at 1:15 pm. The overall subscription included 1.33 times in QIB (ex-anchor), and 1.72 times in the NII category. The issue failed to see 100% subscription on the first and second day of its bidding.

Cube Highways Trust InvIT IPO GMP Today

Its IPO GMP Today showcased no significant movement and continued to remain the same for the third consecutive day. Cube Highways Trust InvIT IPO GMP Today stood at Rs 0, which indicated its estimated listing at Rs 152 per share which is the sum of the upper price band, ie Rs 152 per share, and IPO GMP). The issue is unlikely to see any gain or loss per share.

Cube Highways Trust InvIT IPO Details

The issue is a completely offer for sale (OFS) of up to Rs 50,000 million, ie Rs 500 crore by six existing unitholders. The IPO will see key investors like BCI IRR India Holdings, BCI IRR India Holdings LP, Cube Highways and Infrastructure, Cube Mobility Investment, and Seventy Second Investment Company LLC, offload their stakes.

Cube Highways Trust IPO Issue Size, Price Band Other Info

The IPO has fixed its upper price band in the range of Rs 151 to Rs 152 per share. The lot size for an application is 95 shares. The minimum amount to invest in the IPO is Rs 14,440 for retail investors for a single lot.

It is a book-build issue of Rs 5,000 crore. The bidding opened on Wednesday, July 22, and will conclude on July 24. The allotment for the Cube Highways Trust InvIT is also expected to be finalised on July 29. The IPO is likely to list on NSE and BSE on August 3, 2026.

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