Comparison between LGT Business Connextions IPO and MARC Technocrats IPO.
LGT Business Connextions IPO is a SME Bookbuilding IPO proposed to list at BSE SME while MARC Technocrats IPO is a SME Bookbuilding proposed to list at NSE SME.
| LGT Business Connextions IPO | MARC Technocrats IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Bookbuilding |
| Listing At | BSE SME | NSE SME |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. | Narnolia Financial Services Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Maashitla Securities Pvt.Ltd. |
| Market Maker | Asnani Stock Broker Pvt.Ltd. | Giriraj Stock Broking Pvt.Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of LGT Business Connextions IPO is up to ₹26.68 Cr whereas the issue size of the MARC Technocrats IPO is up to ₹40.37 Cr. The final issue price of LGT Business Connextions IPO is ₹107.00 per share and of MARC Technocrats IPO is ₹93.00 per share.
| LGT Business Connextions IPO | MARC Technocrats IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ₹88.00 per share | |
| Issue Price (Upper) | ₹93.00 per share | |
| Issue Price (Final) | ₹107.00 per share | ₹93.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 1200 shares |
| Fresh Issue Size | 22,30,800 shares | 34,30,800 shares |
| Fresh Issue Size (Amount) | up to ₹23.87 Cr | up to ₹31.91 Cr |
| OFS Issue Size | 2,62,800 shares | 9,09,600 shares |
| OFS Issue Size (Amount) | up to ₹2.81 Cr | up to ₹8.46 Cr |
| Issue Size Total | 24,93,600 shares | 43,40,400 shares |
| Issue Size Total (Amount) | up to ₹26.68 Cr | up to ₹40.37 Cr |
LGT Business Connextions IPO opens on Aug 19, 2025, while MARC Technocrats IPO opens on Dec 17, 2025. The closing date of LGT Business Connextions IPO and MARC Technocrats IPO is Aug 21, 2025, and Dec 19, 2025, respectively.
| LGT Business Connextions IPO | MARC Technocrats IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 19, 2025 | Dec 17, 2025 |
| Issue Close | Aug 21, 2025 | Dec 19, 2025 |
| Basis Of Allotment (Tentative) | Aug 22, 2025 | Dec 22, 2025 |
| Initiation of Refunds (Tentative) | Aug 25, 2025 | Dec 23, 2025 |
| Credit of Share (Tentative) | Aug 25, 2025 | Dec 23, 2025 |
| Listing date (Tentative) | Aug 26, 2025 | Dec 24, 2025 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
LGT Business Connextions IPO P/E ratio is 14.38, as compared to MARC Technocrats IPO P/E ratio of 16.97.
| LGT Business Connextions IPO | MARC Technocrats 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.
| Company Financials (Restated Consolidated)MARC Technocrats Ltd.'s revenue increased by 80% and profit after tax (PAT) rose by 117% between the financial year ending with March 31, 2025 and March 31, 2024.
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.95 | 99.99 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.95 | 73.55 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.38 | 16.97 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹100.29 Cr. | ₹161.01 Cr. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 41.89% | 31.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45.19% | 35.63% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.77 | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.44 | ₹5.48 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 41.89% | 31.00% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the LGT Business Connextions IPO Retail Individual Investors (RII) are offered 12,46,800 shares while in MARC Technocrats IPO retail investors are offered 12,46,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in LGT Business Connextions IPO and 46,800 shares in MARC Technocrats IPO.
| LGT Business Connextions IPO | MARC Technocrats IPO | |
|---|---|---|
| Anchor Investor Reservation | 0 shares | |
| Market Maker Reservation | 1,32,000 shares | 2,38,800 shares |
| QIB | 0 shares | 46,800 shares |
| NII | 12,46,800 shares | 21,45,600 shares |
| RII | 12,46,800 shares | 21,48,000 shares |
| Employee | 0 shares | 0 shares |
| Others | ||
| Total | 24,93,600 shares | 43,40,400 shares |
LGT Business Connextions IPO subscribed 1.25x in total, whereas MARC Technocrats IPO subscribed 9.87x.
| LGT Business Connextions IPO | MARC Technocrats IPO | |
|---|---|---|
| QIB (times) | 9.51x | |
| NII (times) | 0.75x | 8.99x |
| Big NII (times) | 10.18x | |
| Small NII (times) | 6.61x | |
| RII (times) | 1.75x | 10.75x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.25x | 9.87x |
