Atomberg Technologies receives SEBI nod for IPO
The proceeds of the IPO will be used for repayment of debt, branding & marketing and R&D.
Securities and Exchange Board of India (SEBI) has granted the necessary approval for Atomberg Technologies, a consumer appliance manufacturer, to proceed with its initial public offering (IPO). The IPO will involve both a fresh issue of shares and an offer for sale, with Atomberg aiming to raise a substantial Rs 450 crore through these channels.
The company intends to allocate the funds raised towards debt repayment, investments in brand awareness and marketing, research and development, and general corporate purposes. In the fiscal year 2026, Atomberg reported a significant revenue growth of 34.83%, with total revenue reaching Rs 1293.77 crore, up from Rs 959.51 crore in the previous fiscal year.
Despite this strong revenue performance, Atomberg recorded a loss of Rs 148.88 crore for the same period. Established in 2012, the company specializes in manufacturing a diverse range of consumer appliances, including mixer grinders, water purifiers, and cold-pressed juicers. Atomberg also designs, manufactures, and supplies critical components, such as motors and controllers, to major enterprise customers like Voltas, Godrej, and BlueStar.
Atomberg employs an omni-channel distribution strategy to reach customers, offering its products through a combination of offline channels (general trade distributors, retailers, modern trade chains, and institutional partners) and online channels (e-commerce marketplaces, quick-commerce platforms, and the company's own website).
Notably, online sales have witnessed substantial growth, with revenue increasing from Rs 234.51 crore in FY2024 to Rs 456.45 crore in FY2026, accounting for approximately 35.76% of the total revenue generated by Atomberg's consumer appliances business.
The company operates two leased manufacturing facilities located in Pune, Maharashtra. These facilities are dedicated to supporting Atomberg's consumer appliances and proprietary components businesses. The Chakan facility, which began operations in FY2022, produces ceiling fans, table, pedestal, and wall fans, exhaust fans, mixer grinders, cold-pressed juicers, and smart locks.
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