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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.

Temasek, LIC Line Up to Sell in $2.75B NSE IPO

Temasek, LIC, and a Canadian pension fund plan to sell stakes in NSE's IPO, valuing the exchange at $55 billion with the share sale sized at $2.75 billion. The listing would rank among India's largest IPOs and bring the country's dominant stock exchange into public markets.

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