LGT Business Connextions IPO
Open SmeCurrent GMP
₹10 (+9.35%)
Price Band
₹ 107 – 107
Lot Size
1200
Issue Size
₹28.09 Cr
Minimum Investment
₹256800 (2400 Shares)
Listing Date
26 August 2025
Subscription
1.31x
About the Company
Incorporated in 2016, LGT Business Connextions Limited is a service aggregator operating in the travel and tourism industry. The company connects customers with a broad range of travel-related services, either directly or through third-party aggregators, offering a seamless, one-stop solution for both individual and corporate travel needs.
LGT’s service portfolio includes MICE (Meetings, Incentives, Conferences, and Exhibitions) travel, hotel and cruise bookings, in-transit arrangements, local sightseeing, customized tour packages, visa processing, and trade fair travel solutions.
Business Divisions
- MICE: LGT offers end-to-end solutions for corporate events, including travel arrangements, accommodation, venue coordination, logistics, and post-event services.
- Accommodation: The company facilitates bookings through third-party hotel partners and also offers leased accommodations in Chennai and Thiruvananthapuram.
- Ticketing & Visa Services: Through IATA accreditation, LGT provides domestic and international ticketing along with visa facilitation for tourism, business, and conference travel—typically as part of bundled packages.
Business Model
Operating primarily under a B2C framework, LGT earns revenue via commissions from service providers or direct client charges. While individual clients are served, the company’s core strength lies in servicing corporate customers, who often engage through the company’s website and are supported by a dedicated sales team providing personalized travel solutions.
Key Strengths
- Experienced management and organizational stability
- Broad and integrated service offerings
- Skilled and trained personnel
- Scalable and efficient business model
- Streamlined operational processes
Workforce
As of 31 March 2025, LGT Business Connextions employs 81 professionals across multiple departments, supporting its expanding operations and commitment to service excellence.
Promoters
- Wilfred Selvaraj
- Padma Wilfred
Promoters Holding
Holding Pre Issue
99.94%
Holding Post Issue
71.94%
Objects of the Issue
The Company LGT Business Connextions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purpose
Address / Contact Info
LGT Business Connextions Limited
New No. 38, Old No. 44,
First Floor, Brindavan Street Extn,
West Mambalam
Chennai, Tamil Nadu, 600033
Phone: +91 9940067846
Email: info@lgtholidays.com
Website: http://www.lgtholidays.com/
IPO Snapshot
IPO Timeline (Tentative)
IPO Open Date
Tuesday, 19 August 2025
IPO Close Date
Thursday, 21 August 2025
Basis of Allotment
Friday, 22 August 2025
Initiation of Refunds
Monday, 25 August 2025
Credit of Shares to Demat
Monday, 25 August 2025
Listing Date
Tuesday, 26 August 2025 — NSE & BSE
Important Dates
Open Date
19 August 2025
Close Date
21 August 2025
Basis Of Allotment
22 August 2025
Listing Date
26 August 2025
Financial Performance (₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 27.18 | 14.93 | 8.69 |
| Revenue | 100.81 | 89.53 | 61.18 |
| Profit After Tax | 5.22 | 3.63 | 2.97 |
| Net Worth | 12.45 | 7.23 | 3.6 |
| Reserve & Surplus | 5.44 | 7.22 | 3.59 |
| Total Borrowings | 9.58 | 2.82 | 2.5 |
EPS Pre
7.44%
EPS Post
5.56%
P/E Pre
14.38
P/E (Post Issue)
19.23x
Company Financial Information
KPI Information (₹ in Crores)
| Particular | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE % | 41.89 | 50.2 | 82.55 |
| ROCE % | 45.19 | 62.09 | 90.36 |
| Debt / Equity | 0.77 | 0.39 | 0.69 |
| RoNW % | 41.89 | 50.2 | 82.55 |
| PbW | 0 | 0 | 0 |
| Pat Margin % | 7.62 | 5.89 | 6.62 |
Return Ratio
IPO Reservations
| Category | Shares Offered | Shares Offered % | Max Allotee |
|---|---|---|---|
| Non-Institutional | 1246800 | 50 | 0 |
| Retail Investors | 1246800 | 50 | 0 |
| Total | 2493600 | 100 | 0 |
Subscription Status ( Thu, 21 Aug 25 01:42 PM)
| Category | Shares Offered | Shares Bid For | Subscription (x) |
|---|---|---|---|
| Qualified Institutions | 0 | 0 | 0x |
| Non-Institutional | 1246800 | 1069200 | 0.86x |
| Retail Investors | 1246800 | 2186400 | 1.75x |
| Total | 2493600 | 3255600 | 1.31x |
Subscription figures are updated periodically and may change until issue closing. Data reflects bids placed across exchanges.
Peer Comparision
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| LGT Business Connextions Ltd | 10 | 14.38 | 0.00 | 0.00 | 41.89 | 17.76 |
| International Travel House Ltd | 10 | 14.15 | 0.00 | 0.00 | 16.42 | 206.85 |
Lot Size & Investment Details
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | 256,800.00 |
| Retail (Max) | 2 | 2,400 | 256,800.00 |
| S-HNI (Min) | 3 | 3,600 | 385,200.00 |
Registrar
Skyline Financial Services Private Ltd
02228511022
info@skylinerta.com
https://www.skylinerta.com
Book Running Lead Managers
- Mark Corporate Advisors Private Limited
RHP Document
DRHP Document
Disclaimer: This data is for informational purposes only and does not constitute investment advice. Figures shown are illustrative sample data.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
LGT Business Connextions IPO is a Fixed price IPO worth ₹28.09 crores. The price band is ₹107 to 107 per share. The IPO opens on Tue, Aug 19, 2025 and closes on Thu, Aug 21, 2025. It will be listed on BSE and NSE. Skyline Financial Services Private Ltd is the registrar.
The LGT Business Connextions IPO opens on Tue, Aug 19, 2025 and closes on Thu, Aug 21, 2025
LGT Business Connextions IPO Price Band is ₹107 to 107.
LGT Business Connextions IPO lot size is 1200, and the minimum amount required for application is ₹256800.
The minimum investment for LGT Business Connextions IPO is approximately ₹256800 based on the upper price band.
To apply for the LGT Business Connextions IPO, investors can use the ASBA (Application Supported by Blocked Amount) process via their bank's net banking or apply through UPI using a registered broker or trading app. The IPO is available in retail, HNI, and institutional investor categories. Investors must select the lot size, enter bid details within the price band, and submit their application before the IPO closing date of Thu, Aug 21, 2025. After submission, funds are blocked until the basis of allotment of LGT Business Connextions IPO is finalised.
LGT Business Connextions IPO issue size is ₹28.09 crores.
LGT Business Connextions IPO allotment date is Sat, Jun 27, 2026.
The registrar for LGT Business Connextions IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website for IPO allotment status, refund processing, and other queries related to LGT Business Connextions IPO through their official website or helpline.
The LGT Business Connextions IPO GMP (Grey Market Premium) is ₹10 as of Thu, Aug 21, 2025. Based on the upper price band of ₹107 per share, the estimated LGT Business Connextions IPO listing price is ₹117, indicating a potential listing gain of approximately 31% over the issue price.