New Delhi, July 23 -- The Cube Highways Trust InvIT IPO opened for public subscription on Wednesday, 22 July, and will close on Friday, 24 July. The Cube Highways Trust InvIT IPO price band has been fixed at Rs.151-152 per unit.

Ahead of the issue opening, Cube Highways Trust, managed by Cube Highways Fund Advisors and sponsored by Cube Highways and Infrastructure V, raised Rs.1,687.5 crore from anchor investors. The InvIT allotted 11.1 crore units to 59 anchor investors at the upper end of the price band.

Among the anchor investors, 12 mutual fund houses subscribed through 26 schemes, accounting for 4.14 crore units. The participating fund houses included HDFC AMC, SBI Mutual Fund, Nippon India Mutual Fund, Tata Mutual Fund, ICICI Prud...