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LGT Business Connextions IPO Details

19 August - 21 August 2025 Closed
SME BSE

The LGT Business Connextions IPO is a fixed price issue with a total issue size of ₹28.09 cr, comprising of fresh issue of 2230800 equity shares., and a offer for sale of 262800 equity shares. LGT Business Connextions IPO opened for subscription on Aug 19, 2025 and closed on Aug 21, 2025. LGT Business Connextions IPO has set the price at ₹107 per share, with a lot size of 1200 shares. Minimum investment for Retail investors was ₹256,800.00 (at the upper price band) to apply for one lot.

The basis of allotment got finalized on Aug 22, 2025, and listed on both the NSE and BSE on Aug 26, 2025.

Skyline Financial Services Private Ltd has been appointed as the registrar. **Mark Corporate Advisors Private Limited ** are the Book Running Lead Manager for the issue.

Before investing in the LGT Business Connextions IPO, investors should review the company's financial performance, business objectives, and risk factors mentioned in the offer documents and apply before the subscription window closes.

Price Band
₹ 107 – 107
Lot Size
1200
Issue Size
₹28.09 Cr
Minimum Investment
₹256800 (2400 Shares)
Listing Date
26 August 2025

Current GMP

₹10 (+9.35%)

Open Date 19 August, 2025
Close Date 21 August, 2025
Market Cap -
Industry
Sector
Subscription 1.31x

*Info is indicative. Not an Investment Advice. Grey market trading is unregulated.

About LGT Business Connextions Limited

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.

LGT Business Connextions IPO Promoters

  1. Wilfred Selvaraj 
  2. Padma Wilfred 
Promoters Holding

Holding Pre Issue

99.94%

Holding Post Issue

71.94%

LGT Business Connextions IPO Objective

The Company LGT Business Connextions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects. 

  1. Capital Expenditure 
  2. Working Capital Requirement
  3. 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

Face Value₹10 per share
Price Band₹ 107 – 107
Lot Size1200
Issue TypeFixed price IPO
Sale TypeFresh Capital & Offer For Sale
Fresh Issue₹ 23.87 Cr
Offer for Sale₹ 2.81 Cr
Total Issue Size₹ 28.09 Cr
Listing AtBSE
Industry
Sector
Retail Quota50%

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 with a total issue size of ₹28.09 crore. The LGT Business Connextions IPO price band is ₹107 to 107 per share. The LGT Business Connextions IPO subscription opens on Tue, Aug 19, 2025, and closes on Thu, Aug 21, 2025. The LGT Business Connextions IPO will be listed on the BSE. Skyline Financial Services Private Ltd is the registrar for the LGT Business Connextions IPO.

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 per share.

LGT Business Connextions IPO lot size is 1200 shares, Retail investors need a minimum investment of ₹256800 based on the upper price band

The minimum investment for LGT Business Connextions IPO is ₹256800, based on one lot of 1200 shares at the upper price band of ₹107 per share.

Investors can apply for the LGT Business Connextions IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Thu, Aug 21, 2025. The application amount remains blocked until the LGT Business Connextions IPO allotment is finalized.

LGT Business Connextions IPO issue size is ₹28.09 crores.

LGT Business Connextions IPO allotment date is Wed, Jul 1, 2026.

The registrar for LGT Business Connextions IPO is Skyline Financial Services Private Ltd. Investors can go to Skyline Financial Services Private Ltd website to check LGT Business Connextions IPO allotment status, refund processing, and other IPO-related information.

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 0% over the issue price.