Atomberg to raise about $200 million via IPO in India next year

Atomberg plans a $200 million IPO in India backed by Temasek, aiming for new and secondary share sales.

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Atomberg to raise about $200 million via IPO in India next year

Atomberg to raise about $200 million via IPO in India next year
Atomberg Technologies, backed by Temasek among others, is preparing to launch an IPO in Mumbai targeting roughly $200 million. The offering may combine new shares and secondary sale by existing investors. The consumer‑electronics firm, known for smart fans and appliances, is in talks with investment banks and expects advisor appointments soon as it aims to capitalise on India’s buoyant IPO market.
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