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Atomberg’s Next Big Leap: A Potential 200 Million Dollar IPO

Atomberg

India’s home appliances market has been evolving rapidly, and one of the most compelling stories in this space is Atomberg Technologies. Backed by Temasek and known for its energy-efficient innovations, the company is now preparing for a public debut estimated at around 200 million dollars. Early discussions with investment banks have already begun and advisers are expected to be onboarded soon. If all goes to plan, the listing could take shape as early as next year.

Category

Data (Numeric Focus)

Expected IPO Size

USD 200 Mn (INR 1,790 Cr approx.)

IPO Structure

Fresh Issue + OFS (exact split TBA)

Year of Planned Listing

2025 (earliest estimate)

Year Founded

2012

Number of Founders

2

Founders

Manoj Meena, Sibabrata Das

FY25 Revenue

INR 1,000 Cr plus (company claim)

Total Funding Raised to Date

USD 126 Mn plus

Number of Key Investors

4 plus (Temasek, Steadview Capital, Jungle Ventures, A91 Partners)

Product Categories

4 plus (Fans, Mixer Grinders, Water Purifiers, Small Appliances)

Primary Revenue Category Share

Majority from Fans (exact percentage not disclosed)

Geographic Presence

Retail footprint across 20 plus major Indian cities (estimated)

Sales Channels

3 (Offline Retail, Online Marketplaces, D2C Website)

Manufacturing Footprint

100 percent India based

Year of Consumer Market Entry

2016

Technology Core

BLDC motor-based appliances (70 percent less power vs induction motors approx.)

Current Funding Round Status

Ongoing (undisclosed size)

Atomberg IPO Snapshot


Atomberg has come a long way since its inception in 2012 when two IIT Bombay graduates, Manoj Meena and Sibabrata Das, began by selling BLDC fans to enterprises. By 2016, the company had shifted its focus to the consumer market and has since built a strong presence across offline retailers, digital marketplaces and its own online storefront. Its BLDC based ceiling and pedestal fans remain its flagship category, although the brand has expanded into other household appliances such as mixer grinders and water purifiers.


What sets Atomberg apart is its focus on in-house design and manufacturing. That approach has helped the company maintain tight control over product quality while scaling nationwide. The brand recently crossed the 1,000 crore revenue mark in FY25, reflecting strong demand from both traditional and modern retail channels.


Over the years, Atomberg has raised more than 126 million dollars from investors, including Steadview Capital, Jungle Ventures and A91 Partners. Another funding round is currently in progress, and the upcoming IPO aligns well with the momentum in India’s new-age listing environment. With several technology-first consumer companies heading to the public markets this year, Atomberg’s entry adds to a growing wave of innovation-driven brands choosing the IPO route.


As the company gears up for its next chapter, its journey underscores the rise of Indian hardware and appliance startups that combine strong engineering with accessible consumer value. The upcoming year could mark a defining moment for Atomberg as it transitions from a high-growth startup into a publicly traded brand.

 

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