Atomberg Converts To Public Entity Ahead Of Public Listing

Consumer appliances startup Atomberg has transitioned to a public entity, a standard procedural step in preparation for a potential initial public offering (IPO). The company aims to complete its public listing later this year.

The shareholders have formally approved the change of the parent entity's name from Atomberg Technologies Pvt Ltd to Atomberg Technologies Ltd. This conversion is a key step preceding an IPO. Atomberg intends to raise between ₹1,500-2,000 crore (approximately $165-220 million) through the offering. These funds are earmarked for capital expenditures, debt repayment, and supporting marketing and promotional initiatives.

Founded in 2012 by Manoj Meena and Sibabrata Das, Atomberg initially focused on energy-efficient BLDC fans before entering the broader consumer market in 2016. The company manufactures its products, which now include mixer grinders and water purifiers, in India and distributes them through offline retailers, online marketplaces, and its direct website. Fans continue to be the primary revenue driver.

Atomberg has secured approximately $126.5 million in funding to date. In the fiscal year 2025, the company reported a net loss of ₹117 crore, despite a revenue increase of over 20% to ₹958.4 crore. Expenses rose by 9% during the same period.