Cult.Fit files DRHP to raise Rs 950 Cr fresh issue, plus OFS of 178.6M shares
Cult.Fit's draft IPO papers target new fitness centres (Rs 276.6 Cr), Cultsport retail expansion (Rs 23.4 Cr), debt and marketing. FY26 revenue hit Rs 1,720.6 Cr with net loss narrowing to Rs 251.9 Cr. Products segment now 30% of revenue at Rs 522.8 Cr, backed by Tata Digital, Temasek and Accel.
Cult.Fit filed DRHP with SEBI to raise Rs 950 Cr via fresh issue plus OFS. Funds target new fitness centres, leases, debt, marketing and Cultsport retail expansion. FY26 revenue Rs 1,720.6 Cr, losses narrowing toward break-even.