Atomberg Technologies Files for IPO
Indian appliance maker Atomberg Technologies has filed for an initial public offering to raise funds and repay debt. The offering includes a fresh issue of shares and an offer for sale by existing investors.
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Atomberg Technologies has filed for an initial public offering in India comprising a fresh share issue worth up to 4.5 billion rupees ($47.02 million). The offering includes an offer for sale of up to 76.5 million shares from existing investors. The domestic appliance maker did not specify the total IPO size in its draft papers filed on Friday afternoon.
