The IPO comprises a fresh issue of equity shares of face value of Rs 10 each, aggregating up to Rs 450 crore, and an offer for sale of 7.65 crore equity shares of face value Rs 10 each.

Atomberg will use Rs 150 crore for marketing, Rs 100 crore for research and development and Rs 90 crore to repay borrowings. It may also raise up to Rs 90 crore in a pre-IPO…

Atomberg Technologies files draft IPO papers with a Rs 450 crore fresh issue and offer for sale as India's consumer appliance market continues to expand