Cult.Fit Ltd.
NSE & BSETBA
TBA
1 Shares
TBA
₹1
Financial Summary
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| 17,206.06 | 12,155.36 | |
| 812.1 | 564.97 | |
| 18,018.16 | 12,720.33 | |
| 16,750.07 | 14,044.74 | |
| -2,498.77 | -4,836.36 | |
| -2,518.58 | -4,808.26 |
Subscription Details
IPO Timeline
IPO Offer Start
TBA
IPO Offer Ends
TBA
TBA
Use of Proceeds
| # | Purpose | Amount (₹ Million) |
|---|---|---|
| 1 | Capital expenditure towards setting up of new Cult Centres | 2,766 |
| 2 | Expenditure towards lease/rent/license agreement related payment | 2,175 |
| 3 | Repayment / prepayment, in full or in part, of certain borrowings availed by our Company | 1,200 |
| 4 | Brand marketing, advertising and business promotion to enhance brand awareness | 750 |
| 5 | Investment in our Subsidiary, Cultsport Private Limited for capital expenditure towards | 234 |
Book Running Lead Managers
Promoter Shareholding
Pre-IPO
100.00%
Promoter stake
IPO Registrar
KFIN Technologies Ltd.
About the Company
We are India’s largest fitness and active lifestyle platform in terms of the number of fitness centers in our network as of March 31, 2026, according to the Redseer Report. We offer fitness services and active lifestyle products through our platform that comprises an integrated app (the “Cult.fit app”), website (the “Cult.fit website”) and other online and offline channels. We were also the only fitness and active lifestyle platform in India with a presence across both fitness services and fitness products as of March 31, 2026, according to the Redseer Report. We use technology as an enabler to deliver consistent experience across our network of fitness centers and leverage our technology platform to provide an integrated framework for distribution of our fitness products. We strive to be the preferred destination for any individual seeking a fit and active lifestyle. According to the Redseer Report, a fit and active lifestyle is essential for overall well-being, and enabling this requires access to quality fitness centres where people can work out, along with quality, affordable products that support users across their fitness journey. We were the largest fitness and active lifestyle platform in India as of March 31, 2026, with 708 fitness centers spread across 77 cities in India, and are a leader in the complex fitness services market in India in terms of number of fitness centres as of March 31, 2026, according to the Redseer Report. Our fitness service offerings include at-center and at-home fitness services. We bring together trainer-led group classes, full-service gyms and at-home online workouts under one integrated platform. We also offer active lifestyle products/ fitness products and our offerings comprise a wide range of fitness equipment (including indoor and outdoor equipment), recovery products (massage chairs, massagers and others) and fitness accessories. We also design and sell activewear products such as apparel and footwear, engineered for both endurance and everyday activity.
Use of Proceeds
1.Capital expenditure towards setting up of new Cult Elite and Cult Neo centres (collectively, “Cult Centres”); 2.Expenditure towards lease/rent/license agreement related payment of existing identified centres operated by our Company; 3.Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company; 4.Brand marketing, advertising and business promotion to enhance brand awareness; 5.Investment in our Subsidiary, Cultsport Private Limited for capital expenditure towards setting up of new Exclusive Brand Outlets (“EBOs”); and 6.General corporate purposes.
Cult.Fit Ltd. Latest News
News
Cult.fit gets Sebi’s green signal to raise funds via IPO
Shares of the company are proposed to be listed on the BSE and the NSE
Cult.fit files preliminary papers with SEBI for IPO
The proposed IPO comprises a fresh issue of equity shares worth up to Rs 950 crore and an OFS of up to 17.86 crore equity shares by existing shareholders
IPO FAQs
The for the Cult.Fit Ltd. IPO is 1 shares, which is also the minimum order quantity — you have to apply for at least 1 shares, and in multiples of 1 beyond that.
KFIN Technologies Ltd. is the for the Cult.Fit Ltd. IPO.
The registrar processes the , refunds and the credit of shares to your demat account, so allotment-status queries go to them.
Cult.Fit Ltd. IPO shares are proposed to be listed on BSE and NSE.
Each Cult.Fit Ltd. share has a of ₹1.
Face value is the nominal value recorded in the company's books and is separate from the issue price you pay.
held 100.00% of Cult.Fit Ltd. before the IPO.
- 1.Capital expenditure towards setting up of new Cult Elite and Cult Neo centres (collectively, “Cult Centres”)
- 2.Expenditure towards lease/rent/license agreement related payment of existing identified centres operated by our Company
- 3.Repayment / prepayment, in full or in part, of certain borrowings availed of by our Company
- 4.Brand marketing, advertising and business promotion to enhance brand awareness
- 5.Investment in our Subsidiary, Cultsport Private Limited for capital expenditure towards setting up of new Exclusive Brand Outlets (“EBOs”)
- 6.General corporate purposes
Axis Capital Ltd., Goldman Sachs (India) Securities Pvt Ltd, Jefferies India Pvt Ltd., JM Financial Consultants Pvt Ltd and Morgan Stanley India Co Pvt Ltd are the for the Cult.Fit Ltd. IPO.
Pre-apply means placing your Cult.Fit Ltd. application before the subscription window actually opens. The bid is held and forwarded to the exchange on the opening day, so you don't have to submit it in the rush of the first morning.
Applying early doesn't improve your chances — when an issue is oversubscribed, the for investors is decided by a lottery, not by who applied first. Your money is only blocked once the application reaches the exchange.
You can apply in the Cult.Fit Ltd. IPO online using either UPI or ASBA as the payment method. ASBA applications are made through the net banking of a bank account that supports IPO applications — the bank blocks the amount in your account instead of debiting it. UPI applications are offered by brokers that don't provide banking services: you enter your UPI ID and then approve the mandate request in your UPI app.
Either route needs a demat account. You bid for at least one lot, at a price within the or at the cut-off price, and the money stays blocked in your bank account until the is finalised.
Your broker or bank confirms the bid once it has been submitted to the exchange, usually within a few minutes during the bidding window. A UPI application only goes live after you approve the mandate request — ignore it and the bid lapses, even though it looks placed.
You can check the Cult.Fit Ltd. bid independently on the NSE or BSE IPO bid-verification page a day after applying. An ASBA application also shows up as a blocked amount in your bank statement.