Cult.Fit Files IPO Papers to Raise Rs 950 Crore
Cult.Fit has filed draft IPO papers with SEBI to raise Rs 950 crore through a fresh share issue, with existing investors including Temasek and Tata Digital also partially exiting via an offer for sale.
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cult-fit
Cult.fit Files IPO Papers for Rs 950 Cr Issue
Cult.fit has filed its DRHP with SEBI for an IPO comprising a Rs 950 crore fresh issue and an OFS of 17.86 crore shares by existing investors. The company, last valued at Rs 12,600 crore, plans to use proceeds mainly for lease payments, debt repayment, and marketing.
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cult-fit
Cult.Fit files draft IPO papers to raise Rs 950 Cr via fresh issue
Cult.Fit has filed draft IPO papers with SEBI to raise Rs 950 crore through a fresh share issue, with existing investors including Temasek and Tata Digital also partially exiting via an offer for sale.
1mo ago · 4 min · Markets
Cult.fit files DRHP with SEBI, plans Rs 950 Cr fresh issue and 17.86 Cr share OFS
Cult.fit has filed its DRHP with SEBI for an IPO comprising a Rs 950 crore fresh issue and an OFS of 17.86 crore shares by existing investors. The company, last valued at Rs 12,600 crore, plans to use proceeds mainly for lease payments, debt repayment, and marketing.
1mo ago · 4 min · Markets
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