IPO Details
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IPO Size
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IPO Timeline
Issue Highlights
Initial offer by Cube Highways Trust (the Trust) of 522,582,727 ordinary units through a private placement at a price of Rs. 100 per ordinary unit (the Offer Price), aggregating to Rs. 5225.83 crores (the Offer).* The offer comprises a fresh issue of 380,259,172 ordinary units aggregating to Rs. 3802.59 crores by the trust (the Fresh Issue) and an offer for sale of 142,323,555 ordinary units aggregating to Rs. 1423.24 crores by the selling unitholders comprising of: (i) 59,690,223 ordinary units aggregating to Rs. 596.90 crores by ch-i; (ii) 16,526,666 ordinary units aggregating to Rs. 165.27 crores by ch-ii; and (iii) 66,106,666 ordinary units aggregating to Rs. 661.07 crores by ch-iii (the Offer for Sale). The offer price is Rs. 100 per ordinary unit. *Subject to allotment of ordinary units by the board of directors of the investment manager
How To Apply for Cube Highways Trust IPO?
Here are the steps to apply for Cube Highways Trust IPO:
Step 1: Log in to your Kotak Securities Demat account Log in to your Demat account to access IPO investments. Next, select the current IPO section.
Step 2: Specify IPO details Enter the number of lots and the price you wish to apply for.
Step 3: Enter UPI ID After entering your UPI ID, click submit. This will place your bid with the exchange.
Step 4: Mandate Notification Your UPI app will receive a mandate notification to block funds.
Step 5: Approve Request Your funds will be blocked once you approve the mandate request on your UPI.
