Cult.fit gets SEBI nod for IPO with Rs 950 crore fresh issue and OFS of up to 17.86 crore shares

Cult.fit, which runs 708 centres across 77 cities, posted FY26 operating revenue of Rs 1,720.61 crore, up 36.26%. Proceeds from the fresh issue will repay borrowings and fund new Cult Elite and Cult Neo centres.

FY26 scale, profitability and footprint behind the IPO filing
FY26 operating revenue
₹1,720.61 crore
up 36.26%
FY26 adjusted EBITDA margin
8.41%
Fitness centres, 31 March 2026
708
FY26 paid members
9.87 lakh
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FY26 adjusted EBITDA margin: 8.41%
FY26 paid members: 9.87 lakh

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