Cube Highways Trust IPO
- Status: Upcoming
- - / - shares
Minimum Investment
IPO Details
- Open Date
TBA
- Close Date
TBA
- IPO Price Range
TBA
- IPO Size
TBA
- Listing Exchange
TBA
- Listing Date
TBA
IPO Timeline
Initial offer by Cube Highways Trust (the Trust) of 522,582,727 ordinary units through a private placement at a price of Rs. 100 per ordinary unit (the Offer Price), aggregating to Rs. 5225.83 crores (the Offer).* The offer comprises a fresh issue of 380,259,172 ordinary units aggregating to Rs. 3802.59 crores by the trust (the Fresh Issue) and an offer for sale of 142,323,555 ordinary units aggregating to Rs. 1423.24 crores by the selling unitholders comprising of: (i) 59,690,223 ordinary units aggregating to Rs. 596.90 crores by ch-i; (ii) 16,526,666 ordinary units aggregating to Rs. 165.27 crores by ch-ii; and (iii) 66,106,666 ordinary units aggregating to Rs. 661.07 crores by ch-iii (the Offer for Sale). The offer price is Rs. 100 per ordinary unit. *Subject to allotment of ordinary units by the board of directors of the investment manager
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