loading
loading
Atomberg Technologies receives SEBI nod for IPO The proceeds of the IPO will be used for repayment of debt, branding & marketing and R&D. Consumer appliance maker Atomberg Technologies has received the approval from Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The IPO will be a combination of fresh issue of shares and offer for sale. Atomberg plans to raise Rs 450 crore through the fresh issue of shares and an offer for sale of 76,542,051 equity shares of face value Rs 10 each. The company proposes to utilise the proceeds from the IPO towards debt payment, investments into brand awareness & marketing, R&D and general corporate purposes. Atomberg reported a revenue of Rs 1293.77 crore for FY26 as compared to Rs 959.51 crore recorded in FY25, registering a growth of 34.83%. It reported a loss of Rs 148.88 crore for FY26. Founded in 2012, Atomberg manufactures a range of consumer appliances which include mixer grinders, water purifiers and cold-pressed juicers. The company also designs, manufactures and supplies proprietary and critical components, including motors and controllers, to enterprise customers such as Voltas, Godrej and BlueStar. Atomberg sells its products through an omni-channel distribution model spanning offline channels such as general trade distributors, retailers, modern trade chains and institutional partners, and online channels including e-commerce marketplaces, quick-commerce platforms and its own website. Its revenue from online channels increased to Rs 456.45 crore in FY2026 from Rs 234.51 crores in FY2024, while offline channel revenue rose to Rs 820.11 Crores from Rs 562.47 crores over the same period. The online channel contributed approximately 35.76% of the revenue from the consumer appliances business. Atomberg operates two leased manufacturing facilities in Pune, Maharashtra, supporting its consumer appliances and proprietary components businesses. Its Chakan facility in Pune, which commenced operations in FY2022 manufactures ceiling fans, table, pedestal and wall fans, exhaust fans, mixer grinders, cold-pressed juicers and smart locks.
document fetched 2026-10-31 02:56