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Funding & Deals

Furlenco Plans Rs 1,200 Cr IPO at Rs 7,000 Cr Valuation

Quick Take Furlenco is planning a Rs 1,000-1,200 crore IPO in FY28 at a valuation of around Rs 7,000 crore. FY26 revenue rose 61.9% to Rs 370.4 crore, and net profit jumped 19-fold to Rs 59.5 crore. The issue will mix fresh capital with an offer-for-sale, and ICICI Securities is set to advise. Furniture rental…

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