Atomberg files DRHP for Rs 450 Cr fresh issue; A91, Temasek, Jungle Ventures, and others to take partial exit

Client equipment startup Atomberg Applied sciences has filed its draft pink herring prospectus (DRHP) with the Securities and Alternate Board of India (SEBI) for its preliminary public providing (IPO).

The proposed IPO includes a contemporary concern of fairness shares price as much as Rs 450 crore and a proposal on the market (OFS) of as much as 7.65 crore shares.

Final week, Entrackr exclusively reported that Atomberg was planning to boost Rs 450 crore by means of a contemporary concern as a part of its IPO.

A91 Companions will promote the most important chunk of three.77 crore shares, adopted by Temasek-backed V-Sciences Investments with 1.22 crore shares and Jungle Ventures by means of JV4 with 99.46 lakh shares. Inflexur Ventures, by means of Inflexor Alternatives Fund I and Inflexor Know-how Fund, will offload 87.9 lakh shares. Steadview Capital Mauritius and Survam Companions will promote 45.38 lakh and 33.18 lakh shares, respectively.

Atomberg plans to make use of Rs 90 crore from the contemporary concern to repay or prepay sure borrowings. One other Rs 150 crore might be used for model consciousness and efficiency advertising and marketing, whereas Rs 100 crore has been earmarked for analysis and growth. The remaining proceeds might be deployed in the direction of common company functions.

Based by Manoj Meena in 2012, Atomberg was joined by Sibabrata Das as co-founder in 2013. The corporate makes shopper home equipment and elements, with merchandise spanning ceiling followers, mixer grinders, water purifiers, juicers and sensible locks. Its subsidiary Atomberg Improvements provides motors and controllers to Voltas, Godrej and Blue Star.

As of the DRHP date, A91 Companions is the most important shareholder in Atomberg with a 21.02% stake, adopted by co-founder Manoj Kumar Meena with 17.73%. V-Sciences Investments and Jungle Ventures maintain 11.8% and 10.03%, respectively, whereas co-founder Sibabrata Das owns 10.02%. Steadview Capital, Temasek-backed Jonsong Investments and Inflexor Ventures maintain 7%, 6.98% and 6.08%, respectively.

On the monetary entrance, Atomberg reported a 34.8% year-on-year development in income from operations to Rs 1,293.77 crore in FY26 from Rs 959.51 crore in FY25. Nevertheless, its adjusted EBITDA improved to Rs 37.12 crore from detrimental Rs 51.35 crore in FY25. The corporate’s restated loss stood at Rs 148.88 crore in FY26.

The corporate has constructed a robust presence within the premium followers phase, the place it held a 46.08% market share by cumulative gross sales worth in FY26, in accordance with the Redseer report cited within the DRHP. It had round 626 distributors and direct sellers and 46,932 retail touchpoints throughout practically 1,600 cities and cities as of March 2026.

ICICI Securities, Avendus Capital and IIFL Capital Providers are the book-running lead managers, whereas MUFG Intime is the registrar to the problem.