Economy

Appliance Maker Atomberg Technologies Files for IPO

Reuters1h
THE BRIEF
1

Smart fan manufacturer Atomberg Technologies has filed its Draft Red Herring Prospectus (DRHP) for an Initial Public Offering (IPO) valued at ₹450 crore.

2

The company reported a 35% revenue growth in FY26, though losses widened by 27% to ₹149 crore during the same period.

3

Existing investors including Temasek and Jungle Ventures are expected to take a partial exit as the company seeks public market capital.