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The Economic Times

Ritesh Presswala

Cult.fit IPO: Fitness company files draft IPO papers to raise Rs 950 crore via fresh issue

IPO CultFit India

Fitness and wellness company Cult.fit has filed draft papers for an initial public offering (IPO), aiming to raise up to Rs 950 crore through a fresh issue of shares, according to a Reuters report, as it looks to expand its footprint in India's fast-growing health and wellness sector.

The draft prospectus also includes an offer for sale (OFS) of up to 17.86 crore shares by existing shareholders.

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