Furlenco’s IPO; Moneyview investors make bank

Subscription-based furniture company Furlenco is preparing for a potential Rs 1,200-crore initial public offering (IPO) on Dalal Street, according to sources. The Bengaluru-based firm, founded in 2012, aims to raise capital in the next fiscal year. Furlenco, backed by mattress and furniture brands Kurlon and Sleepwell, has reported significant revenue growth, with revenue from operations of Rs 370 crore in FY26, up 62% year-on-year.

The company's net profit surged 19-fold to Rs 59.5 crore in the same period, while Ebitda nearly doubled to Rs 129.5 crore, reflecting a robust Ebitda margin of 35%.