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Back to 2026-07-22🔔 IPO

Cube Highways Trust Raises ₹1,687.5 Crore From Anchor Investors

22 Jul4 min read· 📷 Altaf Shah

Cube Highways Trust, an Trust (InvIT), has successfully raised ₹1,687.5 crore from anchor investors ahead of its IPO. This strong institutional interest highlights increasing appetite for India's infrastructure financing avenues.

₹1,687.5 Crore

Anchor Allotment

📊 One chart explains it

InvITs/REITs Funds Raised in India (₹ Crore)

2020
10,000 ₹ Crore
2021
15,000 ₹ Crore
2022
12,000 ₹ Crore
2023
20,000 ₹ Crore
2024
18,000 ₹ Crore
2025
25,000 ₹ Crore

Takeaway: Funds raised through InvITs and REITs have shown consistent growth over the past few years, indicating increasing investor confidence.

⏳ Time Machine

How today’s news fits into the bigger picture

  1. 2014

    SEBI introduces InvITs

    The Securities and Exchange Board of India (SEBI) introduced regulations for Trusts () to attract capital for infrastructure development and provide investors with income-generating avenues.

  2. May 2017

    First InvIT IPO by IRB

    IRB InvIT Fund launched India's first InvIT IPO, raising **₹5,035 crore**, marking a new era for infrastructure financing and paving the way for subsequent InvIT listings.

  3. 2021-2023

    Increase in InvIT listings

    Several major players, including IndiGrid Trust and PowerGrid InvIT, launched successful , demonstrating growing institutional and retail investor confidence and robust market reception.

  4. January 2026

    Record Infrastructure Outlay

    The Union Budget 2026-27 announced a record capital expenditure outlay for infrastructure, further boosting the potential for to play a crucial role in funding these projects.

  5. July 2026

    Cube Highways anchor allotment

    Cube Highways Trust secured ₹1,687.5 crore from anchor investors for its InvIT IPO, signaling strong institutional demand for its diversified road assets.

  6. Today

    Cube Highways Trust raised ₹1,687.5 crore from anchor investors ahead of its Infrastructure Investment Trust (InvIT) IPO.

  7. What happens next?

    The Cube Highways Trust IPO is expected to open for public subscription in the coming days, with its market debut to be closely watched by infrastructure investors.

Cube Highways Trust, an Infrastructure Investment Trust (InvIT), secured ₹1,687.5 crore from anchor investors on Tuesday, July 21, 2026, just before its public offering opens. Leading institutions like Premji Invest-backed Prazim Trading and Investment Co, along with several insurers and mutual funds, participated robustly in the anchor book. This strong institutional subscription reflects confidence in the InvIT structure for infrastructure assets and the underlying portfolio of Cube Highways, which manages a diversified network of road assets. The successful anchor round bodes well for the main IPO, indicating solid investor demand for yield-generating infrastructure assets.

💭 If you're wondering…

An InvIT (Infrastructure Investment Trust) primarily invests in infrastructure projects like roads, power plants, and telecom towers. A REIT (Real Estate Investment Trust) invests in income-generating real estate properties such as commercial offices, shopping malls, and warehouses.

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