Cult.fit Files Draft Red Herring Prospectus for ₹3,500-4,000 Crore Initial Public Offering

Cult.fit, India's leading fitness services provider, is gearing up to file its draft red herring prospectus (DRHP) for an initial public offering (IPO) worth ₹3,500-4,000 crore this month, as per Moneycontrol .The move comes as the company continues its strong financial performance.The upcoming IPO will comprise both a fresh issue and an offer for sale (OFS) by existing shareholders.