Economic TimesLean R·
Cube Highways Trust plans Rs 5,000-cr IPO this month; eyes broader investor base
Cube Highways Trust is planning to launch its Rs 5,000-crore initial public offering, comprising entirely an offer-for-sale component, this month, as it looks to broaden its investor base and improve liquidity, people familiar with the matter said.The proposed issue is structured entirely as an offer for sale (OFS), according to the draft papers.Cube Highways Trust (Cube InvIT), which owns a portfolio of highway assets across India, had 27 operational assets spanning 8,754 lane kilometres acros…
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