Comparison between LGT Business Connextions IPO and Turtle Infratrade IPO.
LGT Business Connextions IPO is a SME Fixed Price IPO proposed to list at BSE SME while Turtle Infratrade IPO is a SME Fixed Price proposed to list at BSE SME.
| LGT Business Connextions IPO | Turtle Infratrade IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | BSE SME | BSE SME |
| Lead Managers | Mark Corporate Advisors Pvt.Ltd. | Inventure Merchant Banker Services Pvt.Ltd. |
| Registrar | Skyline Financial Services Pvt.Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Asnani Stock Broker Pvt.Ltd. | |
| DRHP | DRHP  | DRHP |
| RHP | RHP | |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| 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 Turtle Infratrade IPO is up to ₹10.80 Cr. The final issue price of LGT Business Connextions IPO is ₹107.00 per share and of Turtle Infratrade IPO is ₹40.00 per share.
| LGT Business Connextions IPO | Turtle Infratrade IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹107.00 per share | ₹40.00 per share |
| Discount (Retail) | ||
| Discount (Employee) | ||
| Market Lot Size | 1200 shares | 3000 shares |
| Fresh Issue Size | 22,30,800 shares | 27,00,000 shares |
| Fresh Issue Size (Amount) | up to ₹23.87 Cr | up to ₹10.80 Cr |
| OFS Issue Size | 2,62,800 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹2.81 Cr | up to ₹0.00 Cr |
| Issue Size Total | 24,93,600 shares | 27,00,000 shares |
| Issue Size Total (Amount) | up to ₹26.68 Cr | up to ₹10.80 Cr |
LGT Business Connextions IPO opens on Aug 19, 2025, while Turtle Infratrade IPO opens on . The closing date of LGT Business Connextions IPO and Turtle Infratrade IPO is Aug 21, 2025, and , respectively.
| LGT Business Connextions IPO | Turtle Infratrade IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Aug 19, 2025 | |
| Issue Close | Aug 21, 2025 | |
| Basis Of Allotment (Tentative) | Aug 22, 2025 | |
| Initiation of Refunds (Tentative) | Aug 25, 2025 | |
| Credit of Share (Tentative) | Aug 25, 2025 | |
| Listing date (Tentative) | Aug 26, 2025 | |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
LGT Business Connextions IPO P/E ratio is 14.38, as compared to Turtle Infratrade IPO P/E ratio of 5.4.
| LGT Business Connextions IPO | Turtle Infratrade 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)
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Pre-Issue) | 99.95 | 100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Promoter Shareholding (Post-Issue) | 71.95 | 73.58 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| P/E Ratio | 14.38 | 5.4 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Market Cap | ₹100.29 Cr. | ₹40.88 Cr. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROE | 41.89% | 43.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ROCE | 45.19% | 27.77% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Debt/Equity | 0.77 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| EPS | ₹7.44 | ₹7.41 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| RoNW | 41.89% | 43.89% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
In the LGT Business Connextions IPO Retail Individual Investors (RII) are offered 12,46,800 shares while in Turtle Infratrade IPO retail investors are offered 12,46,800 shares. Qualified Institutional Buyers (QIB) are offered 0 shares in LGT Business Connextions IPO and in Turtle Infratrade IPO.
| LGT Business Connextions IPO | Turtle Infratrade IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 1,32,000 shares | 1,38,000 shares |
| QIB | 0 shares | |
| NII | 12,46,800 shares | |
| RII | 12,46,800 shares | |
| Employee | 0 shares | |
| Others | ||
| Total | 24,93,600 shares |
LGT Business Connextions IPO subscribed 1.25x in total, whereas Turtle Infratrade IPO subscribed .
| LGT Business Connextions IPO | Turtle Infratrade IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 0.75x | |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 1.75x | |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 1.25x |
