Ferns N Petals (FNP), one of India’s best-known gifting and flower brands, has shared a big plan for its future. The company wants to launch its initial public offering (IPO) in India by the end of 2028. This step will allow the business to raise money from public investors and begin its journey as a listed company.
The company also has another major goal. It wants to increase its revenue by about 25% every year over the next few years. This shows that FNP believes the demand for flowers, gifts, cakes, and other celebration products will remain strong across India and other markets.
The announcement comes at a time when many Indian consumer brands want to expand and prepare for public listings. FNP hopes to become one of the well-known names on the Indian stock market over the next two years.
Strong Support From Lighthouse
Ferns N Petals has support from private equity firm Lighthouse. The investment firm has backed the company as it continues its expansion plans.
With this support, FNP now wants to prepare itself for life as a public company. Before an IPO, businesses often work on stronger financial performance, better profits, and faster growth. FNP appears to follow the same path as it gets ready for its planned market debut.
The company believes that its business model, strong customer base, and popular brand name will help it attract investor interest when the IPO takes place.
Revenue Shows Healthy Growth
Ferns N Petals reported revenue of ₹10.85 billion for the financial year 2026. This marks an increase of around 25% compared with the previous year.
The latest figures match the company’s long-term target of about 25% annual revenue growth. Company leaders believe they can continue this pace through store expansion, online sales, and entry into new markets.
The gifting business has grown in recent years as more people order flowers, cakes, plants, and personalized gifts for birthdays, weddings, anniversaries, festivals, and other special occasions.
FNP wants to make the most of this trend and reach even more customers across India and overseas.
Bigger Store Network Across India
The company also plans to increase its number of retail stores. At present, Ferns N Petals has around 300 stores.
Its goal is to increase this number to about 350 stores by the financial year 2028.
The company plans to open company-owned stores in large cities. At the same time, it will continue to use the franchise model in smaller towns. This approach allows the company to enter more locations without taking on all the costs itself.
A larger retail network will also help customers receive faster service and easier access to products.
International Business Remains Important
India remains the biggest market for Ferns N Petals. At present, the country contributes about 55% of the company’s total revenue.
However, the company also wants to grow outside India. It plans to enter Malaysia, which will become one of its new international markets.
Apart from Malaysia, FNP will continue to strengthen its business across Gulf countries, where it already has a presence.
International expansion gives the company another source of revenue and helps reduce dependence on one market alone.
Better Profits Become a Key Goal
Revenue growth is only one part of the company’s strategy. FNP also wants stronger profits before its planned IPO.
The company expects its EBITDA margin to reach between 5% and 6% this year. Last year, the margin stood at around 2.5%.
This shows that the business wants to earn more profit from every sale. Better profit margins often make companies more attractive to investors because they show stronger financial health.
Many investors now prefer companies that combine fast growth with healthy profits. FNP hopes to meet both expectations before it enters the stock market.
IPO Money May Support Future Expansion
The planned IPO will not only help the company become publicly listed. It could also provide fresh funds for future growth.
FNP plans to use part of the money raised through the IPO to expand its business. The company also wants to buy other gifting brands that fit well with its existing business.
Such acquisitions can help the company enter new product categories, reach more customers, and increase its market share.
This strategy could help Ferns N Petals become an even stronger player in India’s organized gifting industry.
India’s Gifting Market Continues to Grow
India’s gifting market has changed a lot over the last few years. More people now prefer online orders because they offer convenience, quick delivery, and a wide choice of products.
Customers also spend more on premium gifts, flowers, cakes, plants, chocolates, and personalized products for important celebrations.
This change in customer habits has created new opportunities for companies like Ferns N Petals.
The brand has built a strong reputation over many years. It now serves customers through physical stores as well as online platforms. This mix allows the company to reach different types of buyers across the country.
As disposable incomes rise and celebrations become larger, the demand for quality gifting products may continue to increase.
Investors Will Watch Future Performance
Although Ferns N Petals has shared ambitious plans, investors will closely watch whether the company can achieve its targets.
A 25% annual revenue growth target is challenging. At the same time, the company must also improve profitability and maintain customer satisfaction.
Its expansion into new cities and overseas markets will require careful planning. New stores, international operations, and possible acquisitions all need proper execution.
If the company successfully meets these goals, it could enter the stock market with strong investor confidence.
A Major Step for Ferns N Petals
The planned IPO marks an important milestone for Ferns N Petals. The company wants to become a publicly listed business by the end of 2028 while maintaining annual revenue growth of about 25%.
With ₹10.85 billion in revenue during FY2026, plans to expand from 300 to 350 stores, entry into Malaysia, stronger business across Gulf countries, and a target of 5% to 6% EBITDA margins, the company has set clear goals for the years ahead.
India already contributes 55% of its total revenue, and the company hopes both domestic and international markets will support its next phase of growth.
If Ferns N Petals delivers on these plans, it could emerge as one of the notable consumer brand IPOs in India and strengthen its position in the country’s fast-growing gifting industry.
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