Atomberg Technologies has made an important leadership change as it prepares for its upcoming IPO. Co-founder Sibabrata (Shibam) Das is now the Chief Executive Officer (CEO), while Manoj Meena has moved to the role of Chairman and Managing Director (CMD).
This change comes at a time when the company is planning to grow faster and expand its business. Shibam Das, who was earlier the COO, will now handle daily operations and focus on growing Atomberg’s main consumer products like ceiling fans, mixer grinders, and water purifiers.
Company Focuses on B2B and Deep-Tech Growth
At the same time, Atomberg is also expanding into the B2B space through its subsidiary, Atomberg Innovation. Manoj Meena will lead this new vertical and focus on building advanced motor and technology solutions.
The company wants to become a major supplier of components for the global electronics and cooling industry. Recently, it introduced India’s first 1.5-tonne AC rotary compressor designed in-house at ACREX India 2026.
Atomberg is also entering new sectors like defence, drones, and industrial automation. It has already started supplying BLDC motors to companies like Godrej Appliances and Voltas. To support this growth, the company has invested around ₹150–₹200 crore in a manufacturing plant in Chakan, Pune, and plans to increase its production capacity in the coming years.
Revenue Growth Improves, IPO Plans in Progress
Atomberg has been growing steadily and also improving its financial health. In FY25, its operating revenue reached ₹958.4 crore, and its total income crossed ₹1,000 crore. The company also reduced its losses by 41% to ₹117.4 crore, mainly due to better cost control.
The startup has raised funding from investors like Temasek, Jungle Ventures, and A91 Partners. Now, it is preparing for a ₹2,000 crore IPO, expected in early 2026. The IPO could value the company at around ₹20,000 crore. With strong growth in its fan business and new plans in technology and manufacturing, Atomberg is getting ready for its next big phase of expansion.