BusinessPhoto: NDTV BusinessAtomberg Technologies Gets SEBI Nod for Rs 450 Crore IPO
Atomberg Technologies, known for energy-efficient smart fans and appliances, has received SEBI approval for its IPO. The offer includes a fresh issue worth Rs 450 crore and an offer for sale of over 7.65 crore shares. Funds will be used for debt repayment, marketing, R&D, and general purposes. Founded in 2012 by Manoj Meena and Sibabrata Das, Atomberg's products include fans, mixers, purifiers, juicers, and smart locks.
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