Cube Highways Trust, backed by Abu Dhabi Investment Authority and Mubadala Investment Co., has started roadshows for its initial public offering (IPO) aiming to raise ₹5,000 crore. The IPO is planned for an October launch and will be structured as an offer for sale by existing unitholders, according to livemint.com.
The company is preparing to add four road projects before the listing, which will increase its portfolio to 31 projects covering 9,811 lane kilometers. An investment banker cited by livemint.com noted that volatility in the primary market is receding, creating a stable window for large-scale institutional fundraising, which supports Cube Highways’ timing for the IPO.
Cube Highways’ IPO comes amid growing investor interest in infrastructure assets in India. The trust’s backing by prominent sovereign wealth funds like Abu Dhabi Investment Authority and Mubadala Investment Co. positions it strongly in the market. The ₹5,000 crore target places it among significant infrastructure fundraises this year, reflecting robust demand for road asset investments.
Cube Highways’ roadshows are underway as of June 2026, with the company targeting an October IPO launch. The addition of four projects prior to listing will expand its network to 31 projects spanning 9,811 lane kilometers, as reported by livemint.com.