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Market Chatter: Ferns N Petals Eyes 2028 India IPO

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Gifting company Ferns N Petals is looking to list on the Indian bourse by the end of 2028, Reuters reported citing its global CEO Pawan Gadia.

The gifting brand operating in India, the United Arab Emirates, Singapore, Saudi Arabia and Qatar, reportedly plans to use proceeds from the IPO for the potential acquisition of other gifting companies.

The retailer also aims to expand into Malaysia and more Gulf countries, Reuters said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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