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Separately, the company has entered into agreements with seven technology companies for the purchase of $26 billion worth of Class N common stock through a private placement.
The Bengaluru-based company had confidentially submitted its draft red herring prospectus (DRHP) to the market regulator in June 2026.
The company reported revenue of $16.3 billion in the first half of 2026, compared with $1.2 billion in the corresponding period last year.
The fledgling proprietary components business, stiff competition in its core fan business, dependence on imports and continued losses could put greater scrutiny on the valuation Atomberg seeks through the IPO.
On the BSE, Moneyview opened at Rs 55.61 per share, a 63.6% premium over the issue price of Rs 34.
Qualified institutional buyers (QIBs) drove the demand, subscribing to their portion 227.5x.
The agency said the total value of proceeds of crime attached, frozen and seized during the investigation so far stands at around Rs 2,843 crore.
The listing followed NSE’s Rs 22,561 crore IPO, which was subscribed 5.71 times.
The anchor book saw participation from large domestic mutual funds including SBI Mutual Fund, HDFC Mutual Fund and ICICI Prudential Mutual Fund, among others.
The fund has brought Quest Global Engineering Services as a Limited Partner (LP), adding an institutional investor from the engineering sector to its LP base.
The IPO marks the end of NSE’s nearly decade-long wait to go public, after its first IPO attempt in 2016 was stalled by regulatory proceedings.
The IPO will open on September 24 and close on September 28, while the anchor investor round is scheduled for September 23.
Life Insurance Corporation of India (LIC) emerged as the largest anchor investor, picking up shares worth Rs 400 crore.
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
The hiring will focus on engineering, product and treasury operations.
The round also saw participation from Baring Private Equity India, Saison Capital Pte. Ltd. and UNLEASH, along with other investors.
The funding round also saw participation from existing investors Arkam Ventures and Capital 2B.
The combined business generates over $30 million in annual revenue with a profitability margin exceeding 30%.
The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
Concerns around Shiprocket profitability, the still-evolving nature of its emerging business, heavy dependence on vendors continue to weigh as it prepares for IPO.
