Atomberg Technologies Limited has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an initial public offering comprising a ₹450 crore fresh issue and an offer for sale of 76,542,051 equity shares.
The company plans to use ₹90 crore of the net proceeds to repay or prepay borrowings, ₹150 crore for brand awareness and performance marketing, and ₹100 crore towards research and development. The remaining proceeds will be used for general corporate purposes.
Founded in 2012 by Manoj Meena and joined by Sibabrata Das as co-founder in 2013, Atomberg develops consumer appliances including fans, mixer grinders, water purifiers and cold-pressed juicers. It also manufactures proprietary components such as motors and controllers for enterprise customers through its subsidiary, Atomberg Innovations.
In FY2026, the company reported revenue from operations of ₹1,293.77 crore, compared with ₹959.51 crore in FY2025. Adjusted EBITDA improved to ₹37.12 crore, from a loss of ₹51.35 crore a year earlier.
Atomberg had approximately 626 distributors and direct dealers and 46,932 retail touchpoints across around 1,600 cities and towns as of March 31, 2026.
The company had 254 R&D engineers and incurred ₹86.79 crore in R&D expenditure during FY2026, representing 6.71% of revenue. Its online revenue rose to ₹456.45 crore during the year, while offline revenue stood at ₹820.11 crore.
