Cult.fit receives SEBI approval for proposed IPO
In short
Cult.fit received SEBI observations for its IPO plan. The company’s filing says it may raise up to ₹950 crore in new shares, and revenue rose 36.26% in FY26.
This matters because the company is expanding fitness operations and improving margins. The reports do not say the final issue price, listing date, or valuation.
What the reporting says
Cult.fit received SEBI observations for its proposed IPO, which includes a fresh issue of up to ₹950 crore and an offer for sale. The publisher summary says revenue rose 36.26% in FY26 and adjusted EBITDA margin improved as fitness operations expanded nationwide. The immediate consequence is progress toward a market debut, while the final offer size, timing, and valuation are not stated in the available reporting.
Why it matters
Cult.fit received SEBI observations for its proposed IPO, according to the publisher summary. The filing includes a fresh issue of up to ₹950 crore and an offer for sale, and it says revenue rose 36.26% in FY26 while adjusted EBITDA margin improved as fitness operations expanded nationwide. This suggests operating momentum ahead of a listing, but the final pricing and timetable are not stated.