Linked Read
Cult.fit Files Draft Papers For ₹4,000 Cr IPO
Fitness unicorn Cult.fit has filed its draft red herring prospectus (DRHP) to raise over ₹950 Cr through its IPO. The public issue will comprise a fresh issue of shares worth up to ₹950 Cr and an offer for sale of up to 17.86 Cr shares.
Restronomics take
Worth a read for people-focused operators. Published by Inc42 — context above is the source's own framing.
From the article
Fitness unicorn Cult.fit has filed its draft red herring prospectus (DRHP) to raise over ₹950 Cr through its IPO. The public issue will comprise a fresh issue of shares worth up to ₹950 Cr and an offer for sale of up to 17.86 Cr shares.
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