LGT Business Connextions Limited IPO
BSE SMEListed On: Aug 26, 2025 at ₹ 85.6
₹ 256800 /2400 Shares
*Min Investment
19 Aug, 2025
Open Date21 Aug, 2025
Close Date22 Aug, 2025
Allotment Date26 Aug, 2025
Listing DateLGT Business Connextions IPO Issue Details
- Issue Price ₹107 per equity share
- Face Value ₹10 Per Equity Share
- Total Issue Size 26,25,600 shares(aggregating up to ₹28.09 crore)
- Fresh Share 22,30,800 shares(aggregating up to ₹23.87 crore)
- Offer For Sale 2,62,800 shares(aggregating up to ₹2.81 crore)
- Listing at BSE SME
- List Price 85.6
- Listing Date 2025-08-26
- Lead Manager Mark Corporate Advisors Pvt. Ltd
- Registrar Skyline Financial Services Pvt. Ltd
Market Lot Size
Investors can bid for a minimum of 2400 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Individual Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual (min) | 2 | 2400 | ₹2,56,800 |
| Individual(max) | 2 | 2400 | ₹2,56,800 |
| NII (min) | 3 | 3,600 | ₹3,85,200 |
LGT Business Connextions IPO Reservation
LGT Business Connextions IPO offers total 26,25,600 shares. Out of which NA (NA%) allocated to QIB, 12,46,800 (47.49%) allocated to NII,12,46,800 (47.49%) allocated to RII, NA (NA%) allocated to employees and NA (NA%) allocated to Anchor investors.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | NA (NA%) | |
| Market Maker Shares Offered | 1,32,000 (5.03%) | |
| QIB Shares Offered | NA (NA%) | |
| NII (HNI) Shares Offered | 12,46,800 (47.49%) | |
| bNII < ₹10L | NA (NA%) | |
| sNII < ₹10L | NA (NA%) | |
| Individual Shares Offered | 12,46,800 (47.49%) | |
| Employee Shares Offered | NA (NA%) | |
| Total Shares Offered | 26,25,600 (100%) |
LGT Business Connextions IPO Details
LGT Business Connextions Limited IPO is an SME IPO, priced at ₹107 per equity share. The equity shares have a face value of ₹10 Per Equity Share each and will be listed on the BSE SME platform. The IPO comprises a total issue of 26,25,600 equity shares, aggregating up to ₹28.09 crores..
The IPO bidding window is open from Aug 19, 2025 to Aug 21, 2025. The allotment is expected to be finalized on Aug 22, 2025, and the tentative listing date is Aug 26, 2025.
The minimum lot size for Individual investors is 2400 shares, with a minimum investment of ₹2,56,800. For HNIs, the minimum application size is 3 lots , amounting to ₹ 3,85,200.
Mark Corporate Advisors Pvt. Ltd is acting as the lead manager to the issue. The registrar of the IPO is Skyline Financial Services Pvt. Ltd, and
LGT Business Connextions IPO Subscription Analysis And Details
| As on | QIB / NII | Individual | Total |
|---|---|---|---|
| Shares Offered / Reserved | 12,46,800 | 12,46,800 | 24,93,600 |
Day 1 19-08-25 06:00 PM | 0.23 x | 0.18 x | 0.21 x |
Day 2 20-08-25 06:00 PM | 0.35 x | 0.33 x | 0.34 x |
Day 3 21-08-25 06:00 PM | 0.75 x | 1.75 x | 1.25 x |
LGT Business Connextions Valuations
LGT Business Connextions Company Financials
| 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|
| 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 | 3.60 |
| Reserves & Surplus | 5.44 | 7.22 | 3.59 |
| Total Borrowing | 9.58 | 2.82 | 2.50 |
About LGT Business Connextions Company
Incorporated in 2016, LGT Business Connextions Limited is operating as a service aggregator in the travel and tourism sector.The travel and tours brand of LGT Business Connextions Ltd provides comprehensive services in the tourism sector.The firm is operating as a service aggregator in the travel segment that establishes connections between customers and hotels, airlines, car rentals, cruises, and other services directly or indirectly through third-party aggregators.
The company provides a variety of travel services such as MICE travel, cruise and hotel reservations, in-transit bookings, local sightseeing tours, customized travel itineraries, and trade fair and tour arrangements.The company provides consolidated tour packages, hotel stays, ticketing, visa arrangement, and customized travel itineraries for corporate groups and individuals, including MICE services for business conferences, meetings, and events.
Business Model:
Mice: The MICE division of the company provides corporate event end-to-end solutions like meetings, incentives, conferences, exhibitions, and ancillary services such as travel, accommodation, logistics, and post-event reporting with customer satisfaction.
Accommodation: The company offers accommodation services through third-party hotel providers, with Chennai and Thiruvananthapuram leased flats. It aligns with local and international hotels or booking aggregators for the best available.
Ticketing & Visa: Domestic and international ticketing services are provided by the company through IATA accreditation and it earns commissions on this. Visa services for tourist, business, and conference visas are offered by the company, mostly as an ancillary to travel packages.
As of December 31, 2024, the company has 79 employees including Senior Management, Middle level and employees.
LGT Business Connextions - Promoter(s)
Wilfred Selvaraj
Padma Wilfred
Pre Issue Share Holding : 99.95%
Post Issue Share Holding : 71.95%
LGT Business Connextions IPO - Issue Objectives
To meet the Capital Expenditure.
To meet Working Capital Requirement.
To meet the General Corporate Purposes.
Contact Details
LGT Business Connextions
New No. 38, Old No. 44, First Floor, Brindavan Street Extn,West Mambalam Chennai, Tamil Nadu, 600033
+91 9940067846
Registrar Contact Details
Skyline Financial Services Private Ltd
02228511022
LGT Business Connextions IPO - FAQs
Ans. LGT Business Connextions Limited IPO is a SME IPO. The issue is priced at ₹107 per equity share. The minimum order quantity is 1200 Shares. The IPO opens on Aug 19, 2025, and closes on Aug 21, 2025. Skyline Financial Services Pvt. Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Ans. The LGT Business Connextions Limited IPO opens on Aug 19, 2025 and closes on Aug 21, 2025.
Ans. You can track the real-time subscription numbers using the links below:
Ans. The size of LGT Business Connextions Limited IPO is 26,25,600 shares(aggregating up to ₹28.09 Cr).
Ans. The LGT Business Connextions Limited IPO price band is set between ₹107 per equity share.
Ans. To apply for LGT Business Connextions Limited IPO, follow the steps given below:
- - Open the IPO Ji App or Website
- - Find LGT Business Connextions Limited IPO in the List of IPOs
- - Press Apply Button
- - Select Your Demat Account
- - Select Your Shares Quantity and Submit
- - Track Your IPO Status
Ans. The share allotment date of LGT Business Connextions Limited IPO is Aug 22, 2025.
Ans. The LGT Business Connextions Limited IPO will be listed on Aug 26, 2025.
Ans. Follow the steps to check the LGT Business Connextions Limited IPO allotment status online.
