Economy · India
Cult.fit files IPO papers with Sebi, plans to raise ₹950 crore
Indian fitness company Cult.fit has filed its initial public offering (IPO) papers with the Securities and Exchange Board of India (Sebi). The company aims to raise approximately ₹950 crore through a fresh issue of shares. Cult.fit is also exploring a pre-IPO placement of up to ₹190 crore. The filing indicates the company's move towards public markets to fund its expansion and operations.
How outlets across the spectrum covered it
Left 1 · Centre 3 · Right 1 n = 5
- Left (1): The Hindu
- Centre (3): Business Standard, Mint, The New Indian Express
- Right (1): Republic World
- International (2): Bloomberg, Reuters