Ferns N Petals targets 2028 IPO after FY26 revenue crosses ₹1,000 crore
Ferns N Petals plans to go public in calendar 2028, following ₹1,085 crore revenue in FY26. The gifting retailer is expanding its 300-plus-store network into Tier-II and Tier-III markets, while quick commerce now contributes about 25% of orders.
Ferns N Petals plans a potential 2028 IPO after crossing ₹1,000 crore revenue in FY26. It is expanding in Tier-II and Tier-III India, using quick commerce for 25% of orders, and targeting premium demand through FNP Lux.
Why this matters
FNP's 2028 IPO plan follows a recent signal that it was scaling quick-commerce gifting, targeting ₹1,400 crore FY27 revenue and an early FY29 IPO.
Retail-company signals are accelerating, up +398533% QoQ.