SEBI clears Indian fitness firm Cult.fit’s ₹950 crore fresh issue and three other IPOs
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓SEBI cleared the ₹950 crore fresh issue for fitness firm Cult.fit and three other IPOs.
- ✓The regulator issued observations for Cult.fit and Indian Gas Exchange on October 12, followed by Sohan Lal Commodity Management and Eswari Global Metal Industries on October 13.
- ✓These companies can now move to the next stage.
Story at a Glance
- Category
- MARKET
- Reported By
- CNBC TV18
- Reading Speed
- 3 Minute(s)
- Market Focus
- India Economy
Four companies, including fitness platform Cult.fit and Indian Gas Exchange (IGX), have received observations from the Securities and Exchange Board of India (SEBI) on their draft initial public offering (IPO) documents, clearing the way for them to advance their listing plans.
The other two companies are Sohan Lal Commodity Management and Eswari Global Metal Industries. While Sohan Lal filed its draft papers through the confidential route in March 2026, the other three companies submitted their documents in July.
SEBI issued its observations on the draft IPO papers of Cult.fit and IGX on October 12, followed by those of Sohan Lal Commodity Management and Eswari Global Metal Industries on October 13.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
CNBC TV18
Read the full, original unfiltered story directly on the publisher's portal.