Overview
- The company has held discussions with investment banks and is expected to appoint advisers in the coming weeks, the reports said.
- The offering under consideration would mix new share issuance with secondary sales to raise about $200 million.
- A listing could come as early as 2025 and would allow partial exits for investors including Temasek, Steadview Capital and Jungle Ventures.
- Atomberg says it surpassed INR 1,000 crore in FY25 revenue even as losses widened to ₹204 crore in FY24 from ₹39 crore in FY22.
- Atomberg did not respond to requests for comment, as India’s IPO market has seen about $19.6 billion raised this year.