Atomberg Files for IPO, Disclosing Shareholding and Key Personnel

Consumer appliances firm Atomberg has submitted its draft initial public offering (IPO) documents to the Securities and Exchange Board of India (SEBI). The proposed public issue includes a fresh issue of shares worth up to ₹450 crore and an offer for sale of up to 7.65 crore equity shares. Institutional investors, including A91 Partners, Temasek Holdings, and Inflexor Ventures, are expected to dilute their stakes through the IPO.

A91 Partners holds the largest stake at 21.02% through its entity A91 Emerging Fund I. Co-founders Manoj Kumar Meena and Sibabrata Das own 17.73% and 10.02% respectively, and will not be selling any shares in the IPO. Other significant shareholders include Temasek (via V-Sciences Investments) with 11.8%, Jungle Ventures (JV4) with 10.03%, Steadview Capital Mauritius with 7%, and Jongsong Investments with 6.98%.

Founded in 2012, Atomberg initially focused on energy-efficient BLDC fans for businesses before expanding into the consumer market in 2016. The company has since broadened its product line to include mixer grinders, water purifiers, and juicers, although fans remain its primary revenue driver. Atomberg distributes its products through offline retailers, online marketplaces, and its own website.

Financially, Atomberg reported a consolidated net loss of ₹148.9 crore for the fiscal year ending 2026, an increase from ₹117.4 crore the previous year. Operating revenue grew by 34.8% to ₹1,293.8 crore during the same period. The company has also secured board approval for its listing and a pre-IPO placement of up to ₹90 crore.