Cult.Fit files draft IPO papers with Rs 950 crore fresh issue
Cult.Fit filed draft IPO papers, seeking a Rs 950 crore fresh issue to fund new fitness centres, repay debt and expand Cultsport retail (equipment, apparel, nutrition). FY26 revenue rose 41% to Rs 1,720.6 crore; net loss narrowed to Rs 251.9 crore. Fitness services drive ~70% of revenue.
Cult.Fit filed draft IPO papers with a Rs 950 crore fresh issue, funding new fitness centres, debt repayment, and expansion of its Cultsport retail business (equipment, apparel, nutrition). FY26 revenue rose 41% to Rs 1,720.6 crore; losses nearly halved.
Why this matters
Cult.Fit's IPO filing marks a push toward public markets as it scales Cultsport retail across equipment, apparel and nutrition while narrowing losses and growing revenue 41% in FY26.
Retail-company signals accelerating at +643000% QoQ.