LGT Business Connextions IPO vs Solvex Edibles IPO

Comparison between LGT Business Connextions IPO and Solvex Edibles IPO.

IPO Details

LGT Business Connextions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Solvex Edibles IPO is a SME Fixed Price proposed to list at BSE SME.

Issue Size and Price

The total issue size of LGT Business Connextions IPO is up to ₹26.68 Cr whereas the issue size of the Solvex Edibles IPO is up to ₹17.93 Cr. The final issue price of LGT Business Connextions IPO is ₹107.00 per share and of Solvex Edibles IPO is ₹72.00 per share.

 LGT Business Connextions IPOSolvex Edibles IPO
Face Value₹10 per share₹10 per share
Issue Price (Lower)
Issue Price (Upper)
Issue Price (Final)₹107.00 per share₹72.00 per share
Discount (Retail)
Discount (Employee)
Market Lot Size1200 shares1600 shares
Fresh Issue Size22,30,800 shares24,89,600 shares
Fresh Issue Size (Amount)up to ₹23.87 Crup to ₹17.93 Cr
OFS Issue Size2,62,800 shares0 shares
OFS Issue Size (Amount)up to ₹2.81 Crup to ₹0.00 Cr
Issue Size Total24,93,600 shares24,89,600 shares
Issue Size Total (Amount)up to ₹26.68 Crup to ₹17.93 Cr

IPO Timetable

LGT Business Connextions IPO opens on Aug 19, 2025, while Solvex Edibles IPO opens on Sep 22, 2025. The closing date of LGT Business Connextions IPO and Solvex Edibles IPO is Aug 21, 2025, and Sep 26, 2025, respectively.

Financials & KPIs

LGT Business Connextions IPO P/E ratio is 14.38, as compared to Solvex Edibles IPO P/E ratio of 11.15.

 LGT Business Connextions IPOSolvex Edibles IPO
Financials

Company Financials (Restated)

LGT Business Connextions Ltd.'s revenue increased by 13% and profit after tax (PAT) rose by 44% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets27.1814.938.69
Total Income100.8189.5361.18
Profit After Tax5.223.632.97
EBITDA7.655.274.04
NET Worth12.457.233.60
Reserves and Surplus5.447.223.59
Total Borrowing9.582.822.50
Amount in ₹ Crore

Company Financials (Restated Consolidated)

Solvex Edibles Ltd.'s revenue increased by 90% and profit after tax (PAT) rose by 305% between the financial year ending with March 31, 2025 and March 31, 2024.

Period Ended31 Mar 202531 Mar 2024
Assets92.0589.36
Total Income136.4671.94
Profit After Tax4.091.01
EBITDA11.193.02
NET Worth20.1714.36
Reserves and Surplus13.8410.94
Total Borrowing57.9455.66
Amount in ₹ Crore
Promoter Shareholding (Pre-Issue)99.95100
Promoter Shareholding (Post-Issue)71.9570.72
P/E Ratio14.3811.15
Market Cap₹100.29 Cr.₹64.45 Cr.
ROE41.89%23.69%
ROCE45.19%24.51%
Debt/Equity0.77
EPS₹7.44₹6.46
RoNW41.89%20.28%

Shares Offered

In the LGT Business Connextions IPO Retail Individual Investors (RII) are offered 12,46,800 shares while in Solvex Edibles IPO retail investors are offered 12,46,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in LGT Business Connextions IPO and 0 shares in Solvex Edibles IPO.

 LGT Business Connextions IPOSolvex Edibles IPO
Anchor Investor Reservation0 shares
Market Maker Reservation1,32,000 shares1,31,200 shares
QIB0 shares0 shares
NII12,46,800 shares12,44,800 shares
RII12,46,800 shares12,44,800 shares
Employee0 shares0 shares
Others
Total24,93,600 shares24,89,600 shares

Bids Received (Subscription)

LGT Business Connextions IPO subscribed 1.25x in total, whereas Solvex Edibles IPO subscribed 1.02x.

Compare with others

Compare: