Hrithik Roshan to offload 6.33 lakh Cult.fit shares in upcoming IPO

According to the draft red herring prospectus, actor Hrithik Roshan is set to sell 6.33 lakh shares of Cult.fit as part of the fitness firm's IPO, marking a partial exit. The company intends to raise ₹950 crore via a fresh issue of shares. Hrithik’s stake will be sold through the offer-for-sale portion, which is projected to push the total IPO size to between ₹3,500 crore and ₹4,000 crore.

by shortkt.com
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Hrithik Roshan to offload 6.33 lakh Cult.fit shares in upcoming IPO | ShortKT