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Home » Cube Highways Trust plans Rs 5,000-cr IPO this month; eyes broader investor base
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Cube Highways Trust plans Rs 5,000-cr IPO this month; eyes broader investor base

Business Circle TeamBy Business Circle TeamJuly 6, 2026No Comments2 Mins Read
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Cube Highways Trust plans Rs 5,000-cr IPO this month; eyes broader investor base
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Dice Highways Belief is planning to launch its Rs 5,000-crore preliminary public providing, comprising totally an offer-for-sale part, this month, because it seems to broaden its investor base and enhance liquidity, folks acquainted with the matter mentioned.

The proposed challenge is structured totally as a proposal on the market (OFS), in response to the draft papers.

Dice Highways Belief (Dice InvIT), which owns a portfolio of freeway property throughout India, had 27 operational property spanning 8,754 lane kilometres throughout 12 states and one Union Territory as of March 31, 2026, with a median residual concession lifetime of 18 years.

In a message to unitholders within the FY26 annual report, its Chief Government Officer Vinay C Sekar mentioned the belief’s technique stays centered on disciplined acquisitions, predictable distributions, monetary prudence and operational effectivity.

About 85 per cent of the portfolio includes toll highway property that profit from visitors progress and inflation-linked toll revisions, and the remaining 15 per cent consists of annuity property backed by contracted funds from the Nationwide Highways Authority of India (NHAI).

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Dice InvIT declared a distribution per unit of Rs 13.77 for FY26, taking whole distributions for the yr to Rs 1,851 crore.

Its web debt stood at Rs 17,768 crore on the finish of March, whereas its web debt-to-enterprise worth ratio was 46.82 per cent. Furthermore, property below administration rose to Rs 36,842 crore, supported by 9 acquisitions in the course of the fiscal yr.

The belief has additionally signed dedication letters for 4 freeway tasks with a mixed enterprise worth of about Rs 7,300 crore, which might develop its portfolio to 31 property throughout 13 states and one Union Territory. It has additionally secured a proper of first supply on three sponsor property, offering a further pipeline for future progress.



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