Hrithik Roshan to Sell 6.33 Lakh Cult.fit Shares in IPO, Retains Stake as Fitness Brand Heads for Stock Market Debut
Hrithik Roshan is set to partially monetize his investment in Cult.fit as the popular fitness and wellness platform gears up for its much-awaited Initial Public Offering (IPO). However, the Bollywood superstar is not exiting the company and will continue to remain a shareholder, highlighting his long-term confidence in the fast-growing fitness brand. The development has attracted attention from both the entertainment industry and investors, as Hrithik has been closely associated with Cult.fit as an investor and one of its most recognizable brand ambassadors. Hrithik Roshan to Sell 6.33 Lakh Shares Through Offer for Sale According to the Draft Red Herring Prospectus (DRHP) filed by Cult.fit with the Securities and Exchange Board of India (SEBI), Hrithik Roshan plans to sell 6,33,824 equity shares through the Offer for Sale (OFS) segment of the IPO. The proposed transaction allows existing shareholders to sell part of their holdings while the company simultaneously raises fresh capital from public investors. Despite participating in the OFS, Hrithik will continue to own equity in the company after the IPO, reaffirming his long-term association with the fitness and wellness platform. Actor Will Continue as a Shareholder The regulatory filing reveals that before the public issue, Hrithik Roshan owns nearly 19.01 lakh equity shares, representing approximately 0.20% of the company’s pre-offer equity share capital. After selling a portion of his stake, the actor will still retain the remaining shares. His final ownership percentage will depend on the IPO’s final structure and share allocation. This move reflects a partial stake sale rather than a complete exit, indicating that Hrithik continues to believe in Cult.fit’s future growth and expansion. IPO Valuation Yet to Be Announced While the number of shares being offered has been disclosed, the exact value of Hrithik Roshan’s stake sale remains unknown. The company has not yet announced the IPO price band, making it impossible to calculate the monetary value of the shares being sold. Investors will have a clearer picture once Cult.fit officially reveals its pricing details before the public issue opens. Cult.fit Plans to Raise ₹950 Crore Cult.fit’s proposed IPO includes two major components designed to strengthen the company’s financial position. The company plans to raise up to ₹950 crore through the issuance of fresh equity shares. Alongside this, existing investors will collectively sell up to 17.86 crore equity shares through the Offer for Sale route. Hrithik Roshan joins several early investors participating in this segment while continuing to maintain a meaningful ownership stake in the business. Hrithik Roshan’s Long-Term Partnership with Cult.fit Over the years, Hrithik Roshan has played a significant role in building Cult.fit’s brand identity. Apart from investing in the company, he has also fronted multiple marketing campaigns, helping strengthen its position in India’s rapidly growing fitness and wellness industry. His decision to retain shares after the IPO signals continued faith in the company’s long-term vision rather than a departure from the business. What This Means for Investors Hrithik Roshan’s partial stake sale is viewed as a strategic investment move rather than a sign of reduced confidence. By retaining a substantial portion of his holdings, the actor remains connected to Cult.fit’s future journey as it prepares for its stock market debut. With its ambitious fundraising plans, expanding fitness ecosystem, and backing from prominent investors, Cult.fit’s IPO is expected to be closely watched by market participants. Hrithik Roshan’s continued association further reinforces the brand’s credibility as it enters a new chapter in India’s public markets. The source of this news is From Bollywood Hungama.










