Cult.fit IPO: Bengaluru fitness startup files DRHP; Rs 950 crore fresh issue, existing investors to sell 17.86 crore shares – Markets

Cult.fit IPO: Bengaluru fitness startup files DRHP; Rs 950 crore fresh issue, existing investors to sell 17.86 crore shares - Markets


As part of the OFS, Temasek-backed MacRitchie Investments will sell up to 24.7 million shares, followed by Fitness First Luxembourg with up to 19.6 million shares, IDG Ventures India Fund III with up to 17 million shares, founder Mukesh Bansal with up to 16 million shares, Tata Digital with up to 15.9 million shares, Chiratae Trust with up to 11.1 million shares, Bruno Eduard Raschle with up to 10.2 million shares, Schroders Capital with up to 9.9 million shares, Twenty Nine Capital with up to 7.9 million shares, and Accel India V with up to 6.5 million shares.



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