Equity Analyst - Fundamental & Thematic, Sree Capital

Sreemant Dudhoria

Equity Analyst - Fundamental & Thematic

Fundamental Research on Listed Indian Companies

Sree Capital

Sree Capital is a platform to share fundamental research on listed Indian companies. We do this research for our own investment

Equity Capital Markets

Cult.fit Limited / Equity Capital Markets

<ul>
<li>This insight discusses about the broad structure of upcoming IPO of <a href="https://www.smartkarma.com/entities/cult-fit-limited" target="_blank" data-smartkarma-citation="entities:55318:1" rel="noopener">Cult.fit Limited (1416928D IN)</a>.</li>
<li>It discusses about the company profile, business segments and financial snapshots.</li>
<li>Finally, we highlight the various points to look forward to in this IPO.</li>
</ul>


This insight discusses about the broad structure of upcoming IPO of Cult.fit Limited (1416928D IN).
It discusses about the company profile, business segments and financial snapshots.
Finally, we highlight the various points to look forward to in this IPO.


APAC IPOs & Placements, Aequitas Research

Akshat Shah

APAC IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/cult-fit-limited" target="_blank" data-smartkarma-citation="entities:55318:1" rel="noopener">Cult.fit Limited (1416928D IN)</a> is looking to raise about US$423m in its upcoming India IPO. The deal will be run by Axis, MS, GS, Jefferies and JM Fin.</li>
<li>Cult.fit is a fitness and active lifestyle platform, offering fitness services and active lifestyle products through a platform that comprises an integrated app, website and other online and offline channels.</li>
<li>According to the Redseer report, Cult.fit was India’s largest fitness and active lifestyle platform in terms of the number of fitness centers in its network as of March 31, 2026.</li>
</ul>



Cult.fit Limited (1416928D IN) is looking to raise about US$423m in its upcoming India IPO. The deal will be run by Axis, MS, GS, Jefferies and JM Fin.
Cult.fit is a fitness and active lifestyle platform, offering fitness services and active lifestyle products through a platform that comprises an integrated app, website and other online and offline channels.
According to the Redseer report, Cult.fit was India’s largest fitness and active lifestyle platform in terms of the number of fitness centers in its network as of March 31, 2026.


Director, Head of Research, Smartkarma

Pranav Rao

Director, Head of Research

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Event-Driven

<ul>
<li>Welcome to Curator’s Cut - a fortnightly roundup of standout themes from the 1,200+ insights shared on Smartkarma.</li>
<li>In this cut, we track the fitness wave across Asia, why Thailand is the one Asian market foreign investors are buying, and the wave of consolidation reshaping mobility-tech.</li>
<li>Want to dig deeper? Comment or message with the themes you'd like to see highlighted next.</li>
</ul>


Welcome to Curator’s Cut - a fortnightly roundup of standout themes from the 1,200+ insights shared on Smartkarma.
In this cut, we track the fitness wave across Asia, why Thailand is the one Asian market foreign investors are buying, and the wave of consolidation reshaping mobility-tech.
Want to dig deeper? Comment or message with the themes you'd like to see highlighted next.


Curator's Cut: Asia Gets Fit, Thailand Bucks the Asia Sell-Off & Mobility-Tech Consolidates

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Zhongji Innolight   / Equity Capital Markets

<ul>
<li>Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.</li>
<li>On the IPO front, a number of large listings are already gearing up for what is seeming to be a busy second half</li>
<li>There weren't many placements across but we did have a look at Archion's valuations in its indicative price range.</li>
</ul>


Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
On the IPO front, a number of large listings are already gearing up for what is seeming to be a busy second half
There weren't many placements across but we did have a look at Archion's valuations in its indicative price range.


Aequitas ECM Weekly (20 July 2026)- Innolight, Gcash, SBI, Jio, Tier IV, Robotechnik, Archion

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Cult.fit Limited (1416928D IN)

Cult.FiT Limited IPO - First Cut

Insight on Cult.Fit IPO - discusses about IPO details, Management, business profile and what should an investor track in this IPO.

Sreemant Dudhoria

Aequitas: Cult.fit Pre-IPO Tearsheet

Cult.fit Limited is looking to raise about US$423m in its upcoming India IPO. The deal will be run by Axis, MS, GS, Jefferies and JM Fin.

Akshat Shah

Curator's Cut: Asia Gets Fit, Thailand Bucks the Asia Sell-Off & Mobility-Tech Consolidates

In this cut, we track the fitness wave across Asia, why Thailand is the one Asian market foreign investors are buying, and the wave of...

Pranav Rao

Aequitas ECM Weekly (20 July 2026)- Innolight, Gcash, SBI, Jio, Tier IV, Robotechnik, Archion

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)