Infrastructure investment trust, Cube Highways Trust, has submitted preliminary documents to SEBI for an IPO worth ₹5,000 crore, aiming for a July launch. The offering consists entirely of an Offer for Sale (OFS), where current unitholders will offload some of their stakes to the public. This move represents the first instance of a private-to-public shift within the Indian InvIT sector.

by shortkt.com✓

3 hours ago