Cult.fit files for IPO with ₹950 cr fresh issue as it diversifies beyond gyms
Cult.fit's DRHP details a ₹950 crore fresh issue plus a 178.6M-share OFS from Temasek, Tata Digital and others. Product sales hit ₹522 cr (+60%) and services ₹1,104 cr (+31%), but FY26 losses stand at ₹252 cr and 90% of fitness revenue still comes from just four metros.
Cult.fit's DRHP shows an IPO with ₹950 crore fresh issue plus OFS by Temasek, Tata Digital and others. It's diversifying beyond gyms into products, corporate wellness and franchising, but 90% of fitness revenue still comes from four metros.