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Atomberg IPO: Rs 450 Cr Fresh Issue Filed for Expansion

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By ThePip Desk•
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A modern ceiling fan and mixer-grinder in the foreground, with an upward-trending stock graph and "IPO" text in the background.

Atomberg Technologies’ consumer appliances with financial growth symbols, representing its IPO filing.

Key Highlights

Consumer appliance maker Atomberg Technologies files for an IPO with a Rs 450 crore fresh issue to fund expansion, R&D, and debt repayment.

Atomberg Technologies has filed draft papers with SEBI for an that includes a fresh issue of up to Rs 450 crore.

The consumer appliance manufacturer’s IPO also details an offer for sale comprising approximately 7.6 crore shares from existing investors. Manoj Meena and Sibabrata Das are notably not divesting their shares in this offering.

Key IPO Details

  • : Up to Rs 450 crore
  • : Approximately 7.6 crore shares
  • Key Selling Shareholders: A91 Emerging Fund I, V-Sciences Investments, Jungle Ventures’ JV4

Fund Allocation Plans

  • Marketing: Rs 150 crore
  • Research and Development: Rs 100 crore
  • Repayment of : Rs 90 crore

In FY26, Atomberg’s revenue increased by 32%, reaching Rs 1,324 crore. However, its losses widened by 27% to Rs 148.9 crore during the same period.

Business Segments & Market Reach

  • Home Appliances (FY26): Constituted 89% of operating revenue, primarily from fans and smart locks.
  • Kitchen Appliance Growth: Significant, driven by mixer-grinder sales and the introduction of water purifiers.
  • Online Channel Contribution (FY26): Accounted for 35.8% of consumer-appliance revenue.
  • Presence: Maintained 46,932 touchpoints across about 1,600 cities.

The company is further expanding its business-to-business components segment. It also holds a joint venture with Voltas for manufacturing air-conditioner compressors.