Cult.fit revives IPO plans, targets ₹4,000 crore raise after turning EBITDA-positive
Zomato-backed Cult.fit will file DRHP within two weeks for a ₹3,500-4,000 crore IPO. FY26 revenue projected at ₹1,700 crore (+40%), with 1 million paid subscribers across 600+ gyms in 75+ cities. Proceeds to fund tier-2/3 expansion.
Cult.fit plans to file DRHP within two weeks for a ₹3,500-4,000 crore IPO, reviving shelved plans after turning EBITDA-positive in Q4 FY26. FY26 revenue estimated at ₹1,700 crore, up 40%, with proceeds funding tier-2/3 gym expansion.
Why this matters
Confirms and upsizes Cult.fit's earlier IPO signal, with the Zomato-backed fitness chain now committing to a DRHP filing within two weeks on the back of EBITDA-positive performance and 40% revenue growth.
Retail-company signals remain steady at 3,170 over the last 90 days.