Upcoming IPOs This Week: Cube Highways Trust InvIT, Indo MIM, Lohia Corp and Xtranet Technologies. Full List With Dates and Details
India’s primary market shows no signs of slowing down. Four new public issues open this week, led by the Rs 5,000 crore InvIT of Cube Highways Trust and the mainboard IPOs of Indo MIM, Lohia Corp and Xtranet Technologies, according to a PTI report. The action adds to an already busy 2026: 32 companies have launched their maiden public offerings so far this year, and Caliber Mining & Logistics’ IPO is currently open for subscription. Here is the full list with every date, price band and issue detail announced so far.
This Week’s IPO Calendar at a Glance
| IPO Name | IPO’s Detail |
| Cube Highways Trust InvIT | Opens 22 July, closes 24 July. Price band Rs 151 to Rs 152 per unit. Anchor bidding on 21 July. |
| Lohia Corp | Opens 23 July, closes 27 July. Anchor bidding on 22 July. |
| Xtranet Technologies | Opens 23 July, closes 27 July. Anchor bidding on 22 July. |
| Indo MIM | Opens 23 July, closes 27 July. Anchor bidding on 22 July. |
Cube Highways Trust InvIT: Rs 5,000 Crore Issue
The biggest issue of the week is not a regular IPO but an InvIT (Infrastructure Investment Trust) offering. Cube Highways Trust opens its Rs 5,000 crore public issue on 22nd July, closing on 24th July, with the price band fixed at Rs 151 to Rs 152 per unit. Anchor investor bidding takes place on 21st July.
The issue is a 100% book-built offer for sale by existing unitholders, marking the trust’s transition from a privately listed InvIT to a publicly listed platform. Ahead of the public issue, Cube Highways Trust has already raised Rs. 1,250 crore from strategic investors through unit subscription agreements, a sign of institutional confidence in the roads platform.
For investors new to the instrument, InvITs pool income-generating infrastructure assets (in this case highways) and distribute cash flows to unitholders, making them a yield-plus growth play rather than a pure listing-gain bet.
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Indo MIM IPO: Rs 3,500 Crore Precision Engineering Play
Indo MIM, a maker of precision engineering components, launches its IPO on 23rd July (closing 27th July). The issue combines a fresh issue of Rs. 500 crore with an offer for sale of up to 6.82 crore shares by existing shareholders. According to market sources cited in the report, the total issue size is expected to exceed Rs. 3,500 crore.
Of the fresh issue proceeds, Rs. 400 crore will go toward repaying borrowings, with the balance earmarked for general corporate purposes, so the IPO directly deleverages the balance sheet.
Founded in 1996, Indo MIM operates 15 manufacturing facilities across India, the US, the UK and Mexico, serving the automotive, defence, medical, consumer and aerospace sectors. That defense and aerospace exposure places it in two of the market’s most favored manufacturing themes.
Lohia Corp IPO: Pure OFS From Textile Machinery Maker
Lohia Corp, which manufactures machinery and equipment for technical textiles, opens its IPO on 23rd July (closing 27th July). The issue is entirely an offer for sale of up to 2.59 crore equity shares, which means the company will not receive any proceeds; the money goes to the selling shareholders.
Lohia Corp’s machines are used to produce technical textiles, particularly polypropylene (PP) and high-density polyethylene (HDPE) woven fabrics and sacks, the workhorse packaging materials for cement, fertiliser, food grains and chemicals. Investors should note the pure-OFS structure when evaluating the issue: the listing provides an exit for existing holders rather than growth capital.
Xtranet Technologies IPO: Rs 170 Crore Fresh Issue
The smallest of the week’s issues, IT services and solutions provider Xtranet Technologies, opens on 23rd July (closing 27th July) with a Rs. 170 crore fresh issue and no OFS component, as per its red herring prospectus. A 100% fresh issue means every rupee raised goes into the company, the mirror image of Lohia Corp’s structure.
Also Open: Caliber Mining and Logistics
While the four new issues line up, the IPO of Caliber Mining & Logistics is currently open for subscription, keeping the primary market pipeline flowing without a gap. With 32 IPOs already launched in 2026, this week’s cluster pushes the year firmly into one of the busiest primary market phases in recent memory.
Frequently Asked Questions (FAQs)
Q1. Which IPOs are opening this week?
Four issues open this week: Cube Highways Trust’s Rs. 5,000 crore InvIT (22 to 24 July) and the mainboard IPOs of Indo MIM, Lohia Corp and Xtranet Technologies (all 23 to 27 July).
Q2. What is the Cube Highways Trust InvIT price band?
The price band is Rs. 151 to Rs. 152 per unit for the Rs 5,000 crore issue, which is a 100% offer for sale by existing unit holders.
Q3. How big is the Indo MIM IPO?
The IPO comprises a Rs. 500 crore fresh issue plus an OFS of up to 6.82 crore shares, with the total size expected to exceed Rs. 3,500 crore according to market sources.
Q4. Is the Lohia Corp IPO a fresh issue or OFS?
It is entirely an offer for sale of up to 2.59 crore shares, so the company will not receive any proceeds
Q5. What is the Xtranet Technologies IPO size?
Xtranet Technologies is launching a Rs. 170 crore fresh issue with no OFS component, as per its RHP.
Q6. How many IPOs have launched in 2026 so far?
32 companies have launched their maiden public offerings so far in 2026, with Caliber Mining & Logistics currently open for subscription.
