Market turmoil casts dark clouds over LG Electronics India, Ather IPOs

Both companies had planned to launch their offerings this month

The brutal market selloff triggered by US recession fears has cast doubt over the initial public offerings (IPOs) of LG Electronics India and Ather Energy — both of which were slated to debut later this month.

 

Sources said both companies are now considering a delay following a swift shift in market sentiment amid rising global trade tensions.

 

Home appliance major LG’s IPO is estimated at ₹15,000 crore, making it India’s fifth-largest, while Ather, an electric scooter maker, has pegged its offer at ₹4,000 crore.

 

Both firms are also weighing scale-backs to issue sizes and valuations to better reflect current market