Hrithik Roshan he is expected to make a small amount of money from his personal sports and lifestyle Cult. amounting to sale of 6.33 lakh equity shares through the company’s proposed public offering (IPO).According to Cult. According to Fit’s Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India (Sebi), Hrithik, who joined the company as the first investor and brand ambassador, will sell 6,33,824 equity shares under the sale section (OFS) of the IPO.
Hrithik to keep more of his worth
Despite the sale price, Hrithik will continue to hold shares in the company.DRHP reports that the actor holds 19.01 lakh equity shares, which represents about 0.20 percent of Cult. fit’s pre-offer share capital. After selling 6.33 lakh shares, he will retain the remaining shares, according to the offer.Since the company is yet to announce the IPO price, the value of Hrithik’s share is not known.
Religion. plans worth Rs 950 crore new issue
Religion. Fit’s IPO has a new issue of shares valued at up to Rs 950 crore, and sale of up to 17.86 crore equity shares by existing shareholders, including Hrithik Roshan and several early stage investors.The company may also make a pre-IPO investment of up to Rs 190 crore before the issue is opened. When finished, the size of the new story will be reduced accordingly.The IPO dates, price range and lot size will be announced.
What the company plans to do with the money
Religion. fit said that the proceeds from the new issue will be used to repay other debts, expand its fitness network, invest in its Cultsport Pvt Ltd group to open new stores, meet rent-related expenses, promote advertising and support corporate goals.It is important to note that Hrithik’s share falls under the IPO category. The proceeds from these shares will go directly to the investors and not to the company.
Hrithik Roshan’s long association with Cult. appropriate
Hrithik Roshan was linked with Cult. suitable for several years, not only as an investor but also as one of the most famous companies of ambassadors of the brand. Participating in an IPO represents making a small investment in one’s assets rather than exiting the company.Apart from Hrithik, the sale also includes shares being sold by existing owners MacRitchie Investments, Tata Digital, Fitness First Luxembourg, Chiratae Trust, Accel India and founders Mukesh Bansal and Bruno Eduard Raschle.According to DRHP, Cult. fit operated 708 gyms in 77 cities as of March 31, 2026. The company reported revenue of 1,720.61 crore from FY26 operations, which is 36.26 percent over the previous fiscal year, with nearly 70 percent of its revenue coming from its fitness business.The company is now awaiting approval from Sebi before announcing the IPO dates, issue price and other details of the offering.