In a bid to fund its expansion plans, Talwalkars Better Value Fitness is looking to raise up to Rs 125 crore through issue of non-convertible debentures (NCDs). The company may offer subscription for NCDs up to Rs 125 crore, in one or more series/ tranches, on private placement basis during 2016-17.
Talwalkars Better Value Fitness is one of the largest fitness chains in India offering a diverse suite of services including gyms, spas, aerobics and health counseling under the brand ‘Talwalkars’.