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LGT Business Connextions IPO is a fixed price issue of ₹28.09 crores. The issue is a combination of fresh issue of 0.24 crore shares aggregating to ₹25.28 crores and offer for sale of 0.03 crore shares aggregating to ₹2.81 crores.
LGT Business Connextions IPO bidding started from Aug 19, 2025 and ended on Aug 21, 2025. The allotment for LGT Business Connextions IPO was finalized on Aug 22, 2025. LGT Business Connextions IPO will list on BSE SME with a tentative listing date fixed as Aug 26, 2025.
LGT Business Connextions IPO price is ₹107.00 per share . The lot size for an application is 1,200. The minimum amount of investment required by an individual investor (retail) is ₹2,56,800.00 (2,400 shares) (based on upper price). The minimum lot size investment for HNI is 3 lots (3,600 shares), amounting to ₹3,85,200.
Mark Corporate Advisors Pvt.Ltd. is the book running lead manager and Skyline Financial Services Pvt.Ltd. is the registrar of the issue. The market maker of the company is Asnani Stock Broker Pvt.Ltd..
Refer to LGT Business Connextions IPO DRHP for detailed Information.
| IPO Date | August 19, 2025 to August 21, 2025 |
| Listing Date | August 26, 2025 |
| Face Value | ₹10 per share |
| Issue Price Band | |
| Issue Price Final | ₹107 per share |
| Lot Size | 1,200 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 26,25,600 shares (aggregating up to ₹28.09 Cr) |
| Reserved for Market Maker | 1,32,000 shares Asnani Stock Broker Pvt.Ltd. (aggregating up to ₹1.41 Cr) |
| Fresh Issue (Ex Market Maker) | 22,30,800 shares (aggregating up to ₹23.87 Cr) |
| Offer for Sale | 2,62,800 shares of ₹10 (aggregating up to ₹2.81 Cr) |
| Net Offered to Public | 24,93,600 shares (aggregating up to ₹26.68 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 70,10,000 shares |
| Share Holding Post Issue | 93,72,800 shares |
LGT Business Connextions IPO offers total 26,25,600 shares. Out of which 12,46,800 (47.49%) allocated to NII, 12,46,800 (47.49%) allocated to RII.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 1,32,000 (5.03%) |
| NII (HNI) Shares Offered | 12,46,800 (47.49%) |
| Retail Shares Offered | 12,46,800 (47.49%) |
| Total Shares Offered | 26,25,600 (100.00%) |
LGT Business Connextions IPO opens on August 19, 2025, and closes on August 21, 2025.
| IPO Open Date | Tue, Aug 19, 2025 |
| IPO Close Date | Thu, Aug 21, 2025 |
| Tentative Allotment | Fri, Aug 22, 2025 |
| Initiation of Refunds | Mon, Aug 25, 2025 |
| Credit of Shares to Demat | Mon, Aug 25, 2025 |
| Tentative Listing Date | Tue, Aug 26, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Thu, Aug 21, 2025 |
Investors can bid for a minimum of 2,400 shares and in multiples of 1,200 shares thereof. The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,56,800 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,56,800 |
| HNI (Min) | 3 | 3,600 | ₹3,85,200 |
Note : The value will be calculated using Equity Dilution = Share Holding Pre Issue - Share Holding Post Issue
Incorporated in 2016, LGT Business Connextions Limited is engaged as a service aggregator in the travel and tourism industry.
The travel and tours brand of LGT Business Connextions Ltd offers extensive services across the tourism industry.
The company acts as a service aggregator in the travel industry, connecting customers with hotels, airlines, car rentals, cruises, and other services directly or through third-party aggregators.
The company offers a wide range of travel services, including MICE travel, cruise and hotel bookings, in-transit arrangements, local sightseeing, customised travel plans, and arrangements for trade fairs and tours.
The company offers consolidated tour packages, hotel accommodation, ticketing, visa processing, and customized travel plans for both corporate groups and individuals, including MICE services for business meetings, conferences, and events.
Business Model:
Competitive Strength:
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 Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 27.18 | 14.93 | 8.69 |
| Total Income | 100.81 | 89.53 | 61.18 |
| Profit After Tax | 5.22 | 3.63 | 2.97 |
| EBITDA | 7.65 | 5.27 | 4.04 |
| Net Worth | 12.45 | 7.23 | 3.60 |
| Reserves and Surplus | 5.44 | 7.22 | 3.59 |
| Total Borrowing | 9.58 | 2.82 | 2.50 |
| Amount in ₹ Crore | |||
The market capitalization of LGT Business Connextions IPO is ₹100.29 Cr.
KPI as of Mon, Mar 31, 2025.
| KPI | Values |
|---|---|
| ROE | 41.89% |
| ROCE | 45.19% |
| Debt/Equity | 0.77 |
| RoNW | 41.89% |
| PAT Margin | 5.19% |
| EBITDA Margin | 7.62% |
| Price to Book Value | 6.02 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 7.44 | 5.56 |
| P/E (x) | 14.38 | 19.23 |
The Company LGT Business Connextions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
| S.No. | Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|---|
| 1 | Capital Expenditure | 10.44 |
| 2 | Working Capital Requirement | 7.70 |
| 3 | General Corporate Purpose | 3.79 |
[Dilip Davda] LBCL is engaged in the business of travel and tourism for B2B segment. It posted growth in its top and bottom lines amidst all odds. The company is operating in a highly competitive and fragmented segment. Based on its recent financial data, the issue appears aggressively priced. Well-informed/cash surplus investors may park moderate funds for medium term. Read detail review...
| Listing Date | August 26, 2025 |
| BSE Script Code | 544489 |
| NSE Symbol | |
| ISIN | INE191201016 |
| Final Issue Price | ₹107 per share |
| BSE Listing Group | M |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹107.00 |
| Open | ₹85.60 |
| Low | ₹81.35 |
| High | ₹85.60 |
| Last Trade | ₹81.35 |
LGT Business Connextions Ltd.
New No. 38, Old No. 44,
First Floor, Brindavan Street Extn,
West Mambalam
Chennai, Tamil Nadu, 600033
Phone: +91 9940067846
Email: info@lgtholidays.com
Website: http://www.lgtholidays.com/
Skyline Financial Services Pvt.Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
LGT Business Connextions IPO is a SME IPO of 26,25,600 equity shares of the face value of ₹10 aggregating up to ₹28.09 Crores. The issue is priced at ₹107 per share. The minimum order quantity is 1200.
The IPO opens on August 19, 2025, and closes on August 21, 2025.
Skyline Financial Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
Zerodha customers can apply online in LGT Business Connextions IPO using UPI as a payment gateway. Zerodha customers can apply in LGT Business Connextions IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in LGT Business Connextions IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The LGT Business Connextions IPO opens on August 19, 2025 and closes on August 21, 2025.
LGT Business Connextions IPO lot size is 1200, and the minimum amount required for application is ₹2,56,800, with 2 lots being the minimum application size.
You can apply in LGT Business Connextions IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for LGT Business Connextions IPO will be done on Friday, August 22, 2025, and the allotted shares will be credited to your demat account by Monday, August 25, 2025. Check the LGT Business Connextions IPO allotment status.
The LGT Business Connextions IPO listing date is on Tuesday, August 26, 2025.
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