LGT Business Connextions IPO is a Mainboard public offer for Issue Size of ₹28.09 crore. It will be open for subscription to investors from August 19 to August 21, 2025.
LGT Business Connextions share has a face value of ₹10, and the fixed price is ₹107 per share. The lot size for this IPO is 1200 shares. For retail investors, the minimum investment is ₹256800 for 2 lot of 2400 shares). For Small Non-Institutional Investors (SHNI), the minimum application is 3 lots ( 3600 shares), requiring an investment of ₹3,85,200. For Big Non-Institutional Investors (BHNI), the minimum application is 8 lots (9600 shares), amounting to ₹10,27,200.
LGT Business Connextions IPO will open for subscription on August 19, 2025, and close on August 21, 2025. The allotment is expected to be finalized on Friday, August 22, 2025, and Shares will list on the BSE and NSE on Tuesday, August 26, 2025(Tentative).
LGT Business Connextions IPO Details
| IPO Type | SME |
|---|---|
| IPO Method | Fixed Price Issue |
| IPO Open Date | 19 August 2025 (Tuesday) |
| IPO Close Date | 21 August 2025 (Thursday) |
| IPO Listing Date | 26 August 2025 (Tuesday) |
| Price Band | ₹1200 Shares (Minimum Bids 2400 Shares) |
| Lot Size | 107 Shares |
| Face Value | 10 |
| Gross Issue Size | ₹28.09 Crores (approx.) |
| Fresh Issue | ₹23.87 Crores (approx.) |
| Offer for Sale (OFS) | ₹2.81 Crores (approx.) |
| Net Issue Size | ₹26.68 Crores (approx.) |
| Listing Exchange | BSE(BSE is the Designated Stock Exchange) |
IPO Timeline
LGT Business Connextions IPO Subscription Status (Day-wise)
| Day | QIB | NII | RII | Employees | Total |
|---|---|---|---|---|---|
| Day 1 | x | .23x | .18x | x | .20x |
| Day 2 | x | .45x | .33x | x | .37x |
| Day 3 | x | x | x | x | x |
LGT Business Connextions IPO reservation table
| Investor Category | Shares Offered | Shares Bid For | Times Subscribed |
|---|---|---|---|
| Market Maker (A) | 0 | 0 | x |
| Other than Individual Investors (B) | 0 | 0 | x |
| Individual Investors (RII) (C) | 0 | 0 | x |
| Total (A+B+C) | 0 | 0 | x |
LGT Business Connextions IPO Lot Size
Table is Prepared at the upper end of the price band (₹1200).
| Application | Lot Size | No. of Shares | Amount |
|---|---|---|---|
| Individual (Min) | |||
| Individual (Max) | |||
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) |
Promoter Shareholding Table (Pre & Post Issue)
| Shareholder | Pre-Issue Holding (%) | Post-Issue Holding (%) |
|---|---|---|
| Promoters & Promotor Group | 99.95% | 71.95% |
| Others (Public / Investors) | 0.05% | 28.05% |
| Total | 100% | 100% |
Company Overview
LGT Business Connextions Limited started in 2016 as a private limited company named LGT Business Connextions Private Limited and was later converted into a public company in November 2024. The company was founded by Wilfred Selvaraj, Padma Wilfred, Aruldas Arulandu, and Singaravelou, with the present promoters being Wilfred Selvaraj and Padma Wilfred.
The company works as a service aggregator in the travel and tourism industry, bringing together hotels, airlines, car rentals, cruises, and other travel services, either directly or through third-party providers. It offers a wide range of services including tour packages, hotel bookings, ticketing, visa processing, local sightseeing, in-transit arrangements, cruise bookings, and customized travel plans for both domestic and international destinations.
Apart from individual and group tours, LGT also caters to corporate travel under its MICE segment (Meetings, Incentives, Conferences, Exhibitions), managing business events, conferences, and employee incentive trips. The company also provides unique offerings like ‘Let’s Reward’ and ‘Gift a Tour’, allowing clients to gift meaningful travel experiences for special occasions. With its promoters and dedicated team, LGT focuses on delivering complete and personalized travel solutions to its customers.
Objects of the Offer
- For Working Capital Requirement.
- For General Corporate Purposes.
- For Capital Expenditure.
₹ Financial Snapshot (As of and For the Fiscal Ended on )
| Particulars | 31-Mar-2025 | 31-Mar-2024 | 31-Mar-2023 |
|---|---|---|---|
| Revenue (₹ Cr) | 100.43 | 89.36 | 60.99 |
| Revenue (₹ Cr)(Including Other Income) | 100.81 | 89.53 | 61.18 |
| Profit After Tax (₹ Cr) | 5.22 | 3.63 | 2.97 |
| Profit After Tax Margin (%)(On Total Revenue) | 5.19% | 4.06% | 4.88% |
| Earnings per share (in ₹) | 7.44 | 5.18 | 4.24 |
| Total Assets (₹ Cr) | 27.18 | 14.93 | 8.69 |
| Total Borrowings (₹ Cr) | 9.58 | 2.82 | 2.5 |
| Net Worth (₹ Cr) | 12.45 | 7.23 | 3.6 |
| NAV per equity share (in ₹) | 17.76 | 10.32 | 5.14 |
LGT Business Connextions IPO Key Performance Indicators
| Particulars | FY2024-25 | FY2023-24 | FY2022-23 |
|---|---|---|---|
| EBITDA (₹ Cr) | 7.65 | 5.27 | 4.04 |
| EBITDA Margin (%) | 7.62% | 5.89% | 6.62% |
| Return on Equity (RoE %) | 41.89% | 50.20% | 82.55% |
| Return on Capital Employed (RoCE %) | 45.19% | 62.09% | 90.36% |
| Debt to Equity Ratio(In Times) | 0.77 | 0.39 | 0.69 |
| Operating Cash Flows(₹ Cr) | 1.01 | 2.87 | 0.97 |
Comparison with Listed Competitors
*EPS figures are as per respective company financials. P/E is based on closing prices as on July 31, 2025.Data is based on the latest available financials and may differ from actual market movements. Revenue is For the Financial Year 2024-2025.
| Company Name | Closing Price(₹) as on March 31, 2025 | Revenue from Operations (FY24-25, ₹ in Cr) | Face Value (₹) | EPS (₹) | P/E Ratio (x) | RoNW (%) | NAV (₹) | EBITDA Margin (%) FY 25 | PAT |
|---|---|---|---|---|---|---|---|---|---|
| LGT Business Connextions Limited | 107 | 100.81 | 10 | 7.44 | 14.38 | 41.89% | 17.76 | 7.62% | 5.22 |
| International Travel House Limited | 480.50 | 235.63 | 10 | 33.96 | 14.15 | 16.42% | 206.85 | 15.92% | 27.15 |
Strengths & Risks
Key Strengths & Key Risks
For detailed information on Strengths and Risks, please refer to the sections ‘Our Competitive Strengths’ and Section II – Risk Factors of the RHP.
Key Contacts for LGT Business Connextions IPO
| Company Contact LGT BUSINESS CONNEXTIONS LIMITED Ankita Jain(Company Secretary and Compliance Officer) New No. 38, Old No. 44, First Floor, Brindavan Street Extn, West Mambalam, Chennai, Tamil Nadu- 600033 Contact Number: +91 9940067846 Website: www.lgtholidays.com E-mail: info@lgtholidays.com | Registrar to the Issue SKYLINE FINANCIAL SERVICES PRIVATE LIMITED Address: D-153 A 1st Floor Okhla Industrial Area, Phase – I, New Delhi-110 020 Tel No.: 011-40450193-197 Contact Person: Anuj Rana Email: ipo@skylinerta.com Investor Grievance Email ID: grievances@skylinerta.com Website: www.skylinerta.com |
Book Running Lead Managers (BRLMs)
| BRLM Full Name |
|---|
| MARK CORPORATE ADVISORS PRIVATE LIMITED. |
For full contact details including representatives, emails, and phone numbers, of BRLM's please refer to the Red Herring Prospectus (RHP).
Important IPO Documents
- Red Herring Prospectus (RHP)
- Draft Red Herring Prospectus (DRHP)
- Anchor Investors Allocation Report.
- Basis of Allotment(Published After allotment)
1. What is the LGT Business Connextions IPO?
The LGT Business Connextions IPO is a Fixed Price issue aiming to raise ₹28.09 crore. It comprises a fresh issue of ₹23.87 crore and an offer for sale of ₹2.81 crore.
2. When does the LGT Business Connextions IPO open and close?
Opening Date: August 19, 2025.
Closing Date: August 21, 2025.
3. What is the price band for the LGT Business Connextions IPO?
The price band is Fixed 107 per share.
4. What is the lot size and minimum investment for the LGT Business Connextions IPO?
Lot Size: 1200 shares (Minimum Bids 2400 Shares)
Minimum Investment: ₹256800.
5. What is the issue size of the LGT Business Connextions IPO?
The total issue size is ₹28.09 crore, which includes:
Fresh Issue: ₹23.87 crore.
Offer for Sale: ₹2.81 crore.
6. Who is the registrar for the LGT Business Connextions IPO?
The registrar for this IPO is SKYLINE FINANCIAL SERVICES PRIVATE LIMITED.
7. Where will the LGT Business Connextions shares be listed?
The shares are proposed to be listed on the BSE (BSE is the designated stock exchange).
8. When will the allotment be finalized?
The basis of allotment is expected to be finalized on 22 August 2025.
9. When is the LGT Business Connextions IPO listing date?
The shares are expected to be listed on 26 August 2025.
10. How can I check the allotment status?
You can check the allotment status by visiting our dedicated page here: IPO Allotment Status.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. Recipients should conduct their own research and assessments and consult their investment advisor before making any investment decisions. This does not constitute a personal recommendation/investment advice.
IPO Listing Details
| IPO Listing Date | 26 August 2025 (Tuesday) |
| ISIN | |
| NSE Symbol | |
| BSE Script Code | |
| Issue Price | ₹ |
| Listing Price | [₹0] |
| Listing Gain/Loss (%) | [+0%] |
Listing Day Trading Information
| Price | BSE | NSE |
|---|---|---|
| Share Allotment Price(Issue Price) | 0 | 0 |
| Open | 0 | 0 |
| High | 0 | 0 |
| Low | 0 | 0 |
| VWAP | 0 | 0 |
| Close | 0 | 0 |
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