SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Cult.fit files preliminary papers with SEBI for IPO

08 Jul 2026 Evaluate

Fitness services platform Cult.fit has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth up to Rs 950 crore and an offer-for-sale (OFS) of up to 17.86 crore equity shares by existing shareholders.

The company proposes to utilise the proceeds from the fresh issue towards repayment or prepayment of certain borrowings, expansion of its fitness centre network, investment in subsidiary Cultsport for setting up new exclusive brand outlets, lease-related payments for existing centres, brand marketing and general corporate purposes. Axis Capital, Goldman Sachs (India) Securities, Jefferies India, JM Financial and Morgan Stanley India are the book-running lead managers to the issue. 

Cult.fit, formerly Curefit Healthcare, is India's largest fitness and active lifestyle platform. As of March 31, 2026, the company operated 708 fitness centres across 77 cities. 


Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: