Cult.fit secures Sebi approval for IPO with Rs 950 crore fresh issue
- Cult.fit's IPO will include a fresh issue of shares valued at Rs 950 crore to raise capital for expansion.
- • Cult.fit plans to utilise the IPO proceeds to enhance clear existing debts, open new Cult.fit premium centres and fund advertising.
- There are no official comments yet on the price band and dates of issue.
Source: timesofindia.indiatimes.com
Get 100 stories a day on the app
Read, watch & listen · Free on iOS & Android
