Cult.Fit has filed for an IPO to fund expansion as revenue climbs and losses shrink. The offering highlights confidence in India’s growing organised fitness market, although profitability and execution remain key investor concerns.

The IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale of up to 178.6 million shares by existing investors and individual shareholders, according…

Cult.fit has filed draft papers for an IPO to raise up to Rs 950 crore through a fresh share issue, while existing investors will sell up to 17.86 crore shares via an OFS. The…