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Cult.fit IPO alert: Fitness major receives SEBI nod for proposed IPO - Check OFS, fresh issue mix details

Photo: Mint

SEBI has approved Cult.fit’s IPO, which aims to raise up to ₹950 crore through a fresh share issue and an offer for sale of up to 17.86 crore shares. The company plans to use proceeds to expand its fitness centres and fund marketing and other business initiatives.

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