Cult.fit readies ₹3,500-4,000 cr IPO at $2 bn valuation after decade of pivots
Once Cure.fit, the Bengaluru fitness chain is filing draft papers with Goldman Sachs and Morgan Stanley as advisers. Now Ebitda-positive, it runs 712 centres across 75 cities and targets 100 cities. FY25 revenue hit ₹1,216 crore, with Cult Store contributing ₹372 crore and FY26 revenue seen above ₹1,700 crore.
Cult.fit is preparing to file draft papers for a ₹3,500-4,000 crore IPO at ~$2 billion valuation, with Goldman Sachs and Morgan Stanley as advisers, after turning Ebitda-positive and planning expansion to 100 cities.