Cult.fit files DRHP for IPO with ₹950 crore fresh issue plus OFS
India's largest fitness platform filed its DRHP with SEBI, pairing a ₹950 crore fresh issue with an OFS of ~17.86 crore shares. FY26 revenue rose 36.26% YoY to ₹1,720.6 crore with an 8.41% adjusted EBITDA margin. Proceeds fund new Cult Centres, Cultsport stores, debt repayment and marketing.
Cult.fit, India's largest fitness and active lifestyle platform, filed its DRHP with SEBI for an IPO comprising a ₹950 crore fresh issue plus OFS. Proceeds fund new Cult Centres, Cultsport EBOs, debt repayment, and marketing. FY26 revenue grew 36.26%.