Cult.Fit files DRHP to raise Rs 950 Cr fresh issue plus 178.6M-share OFS
Cult.Fit filed draft IPO papers with SEBI for a Rs 950 Cr fresh issue alongside a 178.6M-share offer for sale. Proceeds target Rs 276.6 Cr for new centres, Rs 217.5 Cr on leases, Rs 120 Cr debt repayment, Rs 75 Cr marketing and Rs 23.4 Cr for Cultsport stores. FY26 revenue hit Rs 1,720.6 Cr with net loss narrowing to Rs 251.9 Cr.
Fitness and wellness brand Cult.Fit filed DRHP with SEBI to raise Rs 950 Cr via fresh issue plus OFS. Proceeds fund new centres, leases, debt, marketing and Cultsport retail expansion. FY26 revenue Rs 1,720.6 Cr, losses narrowing to Rs 251.9 Cr.
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