SEBI clears Atomberg IPO: ₹450 Cr fresh issue, FY26 revenue at ₹1,293.77 Cr
The fan and appliance maker can now go ahead with a public offer that mixes new shares with a stake sale by existing investors.
The 30-second read
- SEBI has approved Atomberg's IPO, which has a fresh issue of up to ₹450 crore.
- Existing investors will sell up to 7.65 crore shares in the offer for sale.
- FY26 revenue rose 34.8% to ₹1,293.77 crore, but the company still posted a loss.
IllustrationSEBI has approved the IPO of Atomberg, according to Entrackr, Inc42 and NDTV Profit. The observation letter was issued on October 30, first reported by Inc42. This is the formal clearance to proceed with a public offering.
The issue has two parts. The fresh issue is up to ₹450 crore. The offer for sale is up to 7.65 crore shares. A91 Partners, Temasek Holdings and Inflexor Ventures, among others, intend to sell part of their stake. The company was founded in 2012 by Manoj Meena, founder. Sibabrata Das joined in 2013 as co-founder.
Of the fresh issue money, ₹90 crore is for debt repayment, ₹150 crore for brand awareness and performance marketing, and ₹100 crore for R&D. The rest is for general corporate purposes. ICICI Securities, Avendus Capital and IIFL Capital Services are the book-running lead managers, first reported by Entrackr.
On numbers, Entrackr first reported FY26 revenue from operations of ₹1,293.77 crore, up 34.8% from ₹959.51 crore in FY25. Adjusted EBITDA was ₹37.12 crore in FY26 against ₹51.35 crore in FY25. The loss was ₹148.88 crore in FY26, narrowing from ₹199.08 crore in FY24, as stated. The price band and timeline are yet to be announced.
Why it matters
Indian investors get a new listing from a homegrown consumer appliances maker. Its customers include Indian firms Voltas, Godrej and Blue Star.
The data
| Metric | FY26 | Comparison |
|---|---|---|
| Revenue from operations | ₹1,293.77 crore | ₹959.51 crore in FY25 |
| Adjusted EBITDA | ₹37.12 crore | ₹51.35 crore in FY25 |
| Loss | ₹148.88 crore | ₹199.08 crore in FY24 |
