Incorporated in May 2016, Cult. Fit Limited is India's largest fitness and active lifestyle platform by the number of fitness centres. The company offers an integrated fitness ecosystem through its digital platform and offline network, operating 708 fitness centres across 77 cities under brands such as Cult. fit, Fitness First, Gold's Gym, and Pilates Circle by Cult.
Its offerings include gym memberships, trainer-led group classes, sports facilities, online fitness programs, and premium wellness experiences. Alongside fitness services, the company also designs and sells fitness equipment, recovery products, activewear, footwear, and accessories under its own brands through an omnichannel distribution network.
Cult.Fit uses technology and AI-powered personalization to enhance customer experience across both digital and physical channels. It follows an asset-light franchise model that supports scalable expansion while serving nearly one million paid fitness members across India.
As of March 31, 2026, the company had 6,331 employees across operations, technology, product development, marketing, customer support, finance, and other corporate functions.
| Investory Category | Subscription Percentage | Amount Raised (₹ Crores) |
|---|---|---|
| Qualified Institutional Buyers (QIBs) | 75% | -- |
| Non-Institutional Investors (NIIs) | 15% | -- |
| Retail Individual Investors (RIIs) | 10% | -- |
India's largest fitness platform with 708 fitness centres across 77 cities.
Integrated business model combining fitness services digital offerings and lifestyle products.
Technology-driven platform with AI-powered personalization and a seamless omnichannel experience.
Asset-light franchise model supporting scalable growth and operational efficiency.
Strong brand recognition backed by experienced leadership and diversified revenue streams.
| Allotment Date | Listing Date | Refund Date |
|---|---|---|
| -- | -- | -- |
| Issue Composition: | |
|---|---|
| Face Value | ₹1 per share |
| Total Issue Size | 0 shares (aggregating up to To be announced) |
| Fresh Issue | 0 shares (aggregating up to To be announced) |
| Offer for Sale | 17,86,09,200 shares of ₹1 (aggregating up to ₹17,86,09,200 crores) |
| Issue Type | Book Building IPO |
| Post-Issue Shareholding Pattern: | |
|---|---|
| Pre-Issue Shareholding | shares |
| Post-Issue Shareholding | 0 shares |
| Minimum Lot Size | -- |
| Maximum Lot Size (Retail) | -- |
The lot size of Cult Fit ipo has been designed to ensure broad participation while maintaining optimal price discovery.
3rd Floor, Plot No. 269, Sy. No. 439/1B Rajiv Gandhi Road, Chennai Sholinganallur, Saidapet Kanchipuram
Kfin Technologies Ltd.
| Book Running Lead Manager(s) |
|---|
| Axis Capital Ltd. | Goldman Sachs (India) Securities Pvt.Ltd. | Jefferies India Pvt.Ltd. | JM Financial Ltd. | Morgan Stanley India Co.Pvt.Ltd. |