Cult.Fit files draft IPO papers with Rs 950 crore fresh issue
Cult.Fit's draft IPO features a Rs 950 crore fresh issue to fund new fitness centres, debt repayment, and Cultsport retail expansion. FY26 revenue rose 41% to Rs 1,720.6 crore while net loss narrowed to Rs 251.9 crore. Tata Digital and other investors will partially exit via OFS.
Cult.Fit filed draft IPO papers with a Rs 950 crore fresh issue to fund new fitness centres, debt repayment, and Cultsport retail expansion. FY26 revenue rose 41% to Rs 1,720.6 crore; net losses nearly halved. Investors including Tata Digital will partially exit via OFS.
Why this matters
Cult.Fit's IPO filing signals a shift toward public markets as revenue climbs 41% and losses shrink, while Cultsport retail expansion becomes a core use of fresh capital.
Retail-company signals accelerating, up 643100% QoQ.