Atomberg Technologies Limited has proposed an initial public offering of equity shares consisting of a fresh issue aggregating to ₹450 crore and an offer for sale of up to 76,541,851 equity shares by certain existing shareholders.
Cyril Amarchand Mangaldas is advising Atomberg on this IPO.
The transaction is being led by Oishika Dasgupta (Partner), with support from Akash Joshi (Principal Associate), Adwait Deshmukh (Senior Associate), Associates Devansh Raheja, Subhajit Chowdhury, Chinmay Jumde and Syamantak Sinha.
Yash J. Ashar (Senior Partner) provided strategic guidance.
JSA Advocates & Solicitors is advising all seven of the institutional selling shareholders on this IPO.
The transaction is being led by Arka Mookerjee (Partner), with support from Pracheta Bhattacharya (Partner), Kairav Parikh (Partner), Jeebitesh Bhattacharya (Senior Associate) and Bhuvnesh Kumar (Associate).
Khaitan & Co is advising the book running lead managers namely ICICI Securities Limited, Avendus Capital Private Limited and IIFL Capital Services Limited on this IPO.
The transaction team consists of Madhur Kohli (Partner), Vaibhav Mittal (Partner), Anshul Mordia (Senior Associate), Kanchi Malhotra (Senior Associate), Associates Vanshika Singh, Dipsa Prasanth, Srishti Jain and Subah Hindaria.
Atomberg is among the first IIT-incubated, deep-tech consumer appliance startups to go public in India. Founded in 2012 by IIT Bombay graduates Manoj Kumar Meena and Sibabrata Das, the Mumbai-headquartered company specializes in highly energy-efficient, smart home electronics.
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