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Atomberg converts to public company, adds independent directors ahead of proposed ₹2,000 crore IPO
Indian appliances brand Atomberg has become a public limited company and added three independent directors as it prepares for a proposed Rs 2,000 crore IPO. The Mumbai-based BLDC-fan maker crossed Rs 1,000 crore total income in FY25.
Reported figures
From the report. Source details below
| Engineering-arm funding under discussion: | Rs 150-200 crore |
|---|---|
| Engineering-arm valuation discussed: | Rs 1,500-1,700 crore |
| FY25 operating revenue: | Rs 958.4 crore |
| FY24 operating revenue: | Rs 796.9 crore |
| FY25 revenue growth: | 20% |
| FY25 net loss: | Rs 117.4 crore |
| Net-loss reduction: | 41% |