• Public issue details: Cube Highways Trust is launching a ₹5,000 crore public issue open from July 22 to July 24 at a price band of ₹151–₹152 per unit, with a minimum lot size of 95 units (approx. ₹14,440).
• Portfolio traffic mix: The InvIT holds 27 operational assets across 12 states and 1 union territory, generating 70% of revenue from commercial vehicles and 30% from passenger traffic, with a 9-year average traffic growth rate of 6.3%.
• Historical investor returns: Since its April 2023 private listing, the trust has delivered an IRR of 23.63%, NAV-based capital appreciation of 45.77%, and an exact distribution yield of 9.8% with cumulative distributions exceeding 34%.
• Revenue and payout structure: Cash flows are supported by GDP- and inflation-linked toll revisions alongside fixed, non-traffic-contingent government annuities, with distributions paid via dividends, interest, return of capital, or treasury income.