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IPO · 13 November 2026Atomberg TechnologiesSmart appliance makeratomberg.com ↗

Atomberg to spend ₹100 crore of IPO money on R&D

By · Editor ·

PuneFounded 2012
  • Atomberg is a Pune-linked appliance maker known for energy-efficient fans, and it builds much of its technology in-house
  • It plans to use up to ₹100 crore of its IPO proceeds on research to enter new consumer categories and in-house components
  • It spent ₹86.79 crore on research in FY26, about 6.7% of revenue, and its research staff doubled to 254 since March 2024

What happened

  • Up to ₹100 crore of IPO funds for research
  • FY26 research spend ₹86.79 crore
  • Research team grew from 123 to 254

Why it matters

  • Research spend is far above the roughly 1% peer average

The business

  • Atomberg makes appliances with proprietary engineering

In numbers

₹86.79 CrR&D spend · FY26

What happens next

  • IPO listing

The numbers around it

Commerce & Consumer Brands in November 2026: 7 rounds with a disclosed amount, $116 million in all; the biggest was GIVA ($100M+). Every sector this year →

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Terms in this story

  • IPO: An IPO, or initial public offering, is the first time a company sells its shares to the public and lists on a stock exchange. In India SEBI supervises it and the shares trade on the NSE and BSE. A retail investor can bid up to ₹2 lakh, and the issue stays open for three working days.
  • Financial year: An Indian financial year runs from 1 April to 31 March, and it is named after the year it ends. FY26 means April 2025 to March 2026. Startup results for a year arrive months after it closes, so a November 2026 story may still be about FY25.

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