Cube Highways Trust Performance
Open
100
Traded Value (Cr)
64.00
Prev. Close
100
Face Value
100
Volume
6400000
Cube Highways Trust Fundamentals
Cube Highways Trust Financials
Resistance and Support
₹100.00
PIVOT
Resistance | |
---|---|
First Resistance | ₹100.000 |
Second Resistance | ₹100.000 |
Third Resistance | ₹100.000 |
Support | |
---|---|
First Support | ₹100.000 |
Second Support | ₹100.000 |
Third Support | ₹100.000 |
Delivery and Volume
About Cube Highways Trust
Cube Highways Trust has been settled on December 7, 2021 by Cube Highways and Transportation Assets Advisors Private Limited (acting as the settlor) on the instructions of the Sponsors as a contributory irrevocable trust under the provisions of the Indian Trusts Act, 1882. The Trust was registered as an Infrastructure Investment Trust under the InvIT Regulations on April 5, 2022. The Trust is an Indian Infrastructure Investment Trust sponsored by Cube Highways and Infrastructure Pte. Ltd. and Cube Highways and Infrastructure III Pte. Ltd. (the Sponsors), established with the objective of acquiring and operating road assets in India and registered under the InvIT Regulations. The Cube Group is engaged in implementing the public-private partnership (PPP) model in the country's highways sector to operate and manage highway projects in association with the Central and State Governments. The Cube Group is a 100% institutionally-owned platform backed by a diversified investor base, including ISQ Asia Aggregator Pte. Ltd., Platinum Rock B 2014 RSC Limited (as Trustee of the Platinum Stone A 2014 Trust) and Japan Highways International B.V. The Settler has set up Cube Highways Trust, which, has acquired 100% of the issued and paid-up equity share capital in each of the Project SPVs of the Initial Portfolio Assets (other than Mahua Bharatpur Expressways Limited, in which the Trust has acquired 99.97% of the Issued and Paid-Up Equity Share Capital). These Project SPVs together operate 18 road assets, aggregating to 1,423.6 kilometers, located across 11 states in India. As far, the projects concerned, the Trust acquired Ghaziabad Aligarh Expressway Private Limited (GAEPL) in May, 2022, which forms a part of NH 34, a main artery of the national highways connecting North to Central India and operates a 125-kilometer toll road connecting Ghaziabad with Aligarh. Salaipudhpur-Madurai Tollway Limited (SMTL) formed the third part of four contiguous stretches connecting Madurai to Kanyakumari. The Trust developed an asset management and maintenance strategy based on procurement, technology and engineering capabilities which is aimed at reducing lifecycle maintenance costs. The Trust has made an Initial Offer of 522,582,727 Ordinary Units through a private placement, aggregating to Rs 5225.8 Crores, comprising 380,259,172 Ordinary Units aggregating to Rs 3802.6 Crore through Fresh Issue and by issuing 142,323,555 Ordinary Units aggregating to Rs 1423.2 Crore through Offer For Sale.
Managing Director
NA
Founded
NA
NSE Symbol
CUBEINVIT
Cube Highways Trust Management
Events
Dividend Announcement for Cube Highways Trust - Feb 9, 2024
On Feb 9, 2024, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 2.0%. This dividend percentage reflects...
Read MoreDividend Announcement for Cube Highways Trust - Nov 13, 2023
On Nov 13, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 2.0%. This dividend percentage reflect...
Read MoreDividend Announcement for Cube Highways Trust - Aug 10, 2023
On Aug 10, 2023, shareholders are set to receive a dividend payout, with each share entitling its holder to a dividend of 2.15%. This dividend percentage reflec...
Read MoreCube Highways Trust News
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