Consumer appliance startup Atomberg Technologies is gearing up to go public. According to its filings, the shareholders have approved a plan to raise up to Rs 450 crore through a fresh issue of equity shares. The company also plans to raise up to Rs 90 crore through a pre-IPO placement before filing its red herring prospectus with the Securities and Exchange Board of India (SEBI), according to filings with the Registrar of Companies (RoC). The approvals were passed at Atomberg’s extraordinary general meeting held on August 12, 2026. The company said it intends to list its equity shares on one or more recognised stock exchanges and may undertake the IPO at an “opportune time” after consulting its book-running lead managers and other advisors, subject to regulatory approvals. The fresh issue has been approved for an amount of up to Rs 450 crore. The final issue price and price band will be decided by the company in consultation with its book-running lead managers. The IPO may also include an offer for sale (OFS) by existing shareholders, although the filing does not specify the size of the OFS. In December 2025, a Moneycontrolreportsaid that Atomberg had appointed bankers for its Rs 2,000 crore IPO. For the pre-IPO round, Atomberg has received approval to issue up to 9 crore equity shares for an aggregate amount of up to Rs 90 crore to certain investors. The placement is proposed to be completed on or before the filing of the RHP. Importantly, the Rs 90 crore pre-IPO placement will not necessarily come on top of the Rs 450 crore fresh issue. If completed, the size of the fresh issue will be reduced by the amount raised through the pre-IPO placement, subject to minimum IPO size requirements. In July this year, the company converted itself into a public company.Entrackrhas exclusively covered the same. Founded in 2012, Atomberg is known for its BLDC motor-powered ceiling fans and has expanded into other home appliances. Atomberg has raised over $150 million to date, including its$24 millionround led by Temasek with participation from co-founders Manoj Kumar Meena and Sibabrata Das. Atomberg had crossedRs 1,000 crorein total income in FY25, while its net loss narrowed 41% year-on-year to Rs 117.4 crore. The company is yet to file its annual results for FY26. Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investorshere.
