LGT Business Connextions Limited – IPO
LGT Business Connextions Limited – IPO Details
| IPO Date | August 19, 2025 to August 21, 2025 |
| Listing Date | August 26, 2025 |
| Face Value | ₹ 10 / Share |
| Price Band | ₹ 107 to ₹ -- / Share |
| Lot Size | 1200 Shares |
| Total Issue Size | 26,25,600 shares (Aggregating up to ₹28.09 Cr) |
| Fresh Issue | 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) |
| Employee Discount | |
| 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 |
| Market Maker portion |
LGT Business Connextions Limited Timeline (Tentative Schedule)
LGT Business Connextions Limited IPO opens on August 19, 2025, and closes on August 21, 2025.
| IPO Open Date | August 19, 2025 |
| IPO Close Date | August 21, 2025 |
| Basis of Allotment | August 22, 2025 |
| Initiation of Refunds | August 25, 2025 |
| Credit of Shares to Demat | August 25, 2025 |
| Listing Date | August 26, 2025 |
| Cut-off time for UPI mandate confirmation | August 21, 2025 |
LGT Business Connextions Limited IPO Lot Size
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 |
|---|---|---|---|
| Retail (Min) | 2 | 2,400 | |
| Retail (Max) | 2 | 2,400 | |
| S-HNI (Min) | |||
| S-HNI (Max) | |||
| B-HNI (Min) | |||
| HNI (Min) | 3 | 3,600 |
LGT Business Connextions Limited IPO Promoter Holding
| Share Holding Pre Issue | 99.95% |
| Share Holding Post Issue | 71.95% |
LGT Business Connextions Limited IPO Reservation
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | |
|
| Market Maker Shares Offered | |
|
| Other Shares Offered | |
|
| QIB Shares Offered | |
|
| NII (HNI) Shares Offered | |
|
| bNII > ₹10L | |
|
| sNII < ₹10L | |
|
| Retail Shares Offered | |
|
| Employee Shares Offered | |
|
| Total Shares Offered | |
LGT Business Connextions Limited IPO Anchor Investors Details
| Bid Date | |
| Shares Offered | |
| Anchor Portion Size (In Cr.) | |
| Anchor lock-in period end date for 50% shares (30 Days) | |
| Anchor lock-in period end date for remaining shares (90 Days) |
About LGT Business Connextions Limited
Founded in 2016, LGT Business Connextions Limited is a service aggregator for the travel and tourism business.
LGT Business Connextions Ltd's travel and tours brand provides comprehensive services in the tourism sector.
As a service aggregator in the travel sector, the company provides connectivity to customers for hotels, airlines, car rentals, cruises, and other services directly or indirectly through third-party aggregators.
The firm provides a variety of travel services such as MICE travel, hotel and cruise reservations, in-transit booking, local tour visits, customized travel itinerary, and trade fair and tour booking arrangements.
Consolidated tour packages, hotel stay, ticketing, visa processing, and customized travel packages for corporate groups and individuals are provided by the company, including MICE services for business conferences, meetings, and events.
Business Model
Mice: The MICE arm of the company is focused on complete solutions for corporate events, such as meetings, incentives, conferences, exhibitions, and other services like travel, hotels, logistics, and post-event reporting, which satisfy customers.
Accommodation: The company offers accommodation services via third-party hotel partners, with rented flats in Thiruvananthapuram and Chennai. It has access to local or international hotels or booking consolidators for the best choice.
Ticketing & Visa: Domestic and international ticketing services are offered by the company through IATA accreditation for earning commissions. Visa services are also provided for tourist, business, and conference visas mainly as a part of bundled travel packages.
Competitive Strength:
Stability of the organization as well as management acumen.
Service Offering
Quality & Skilled Staff
Scaleable Business Model
Seamless flow of operations
Key Performance Indicator
The market capitalization of LGT Business Connextions IPO is ₹100.29 Cr.
| KPI | Values |
|---|---|
| ROE | 41.89% |
| ROCE | 45.19% |
| Debt/Equity | 0.77 |
| RoNW | 41.89% |
| P/BV | 6.02 |
| PAT Margin (%) | 5.19% |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 7.44 | 5.56 |
| P/E (x) | 14.38 | 19.23 |
Note:
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 that is available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 that is available in RHP.
Objects of the Issue (LGT Business Connextions Limited IPO Objectives)
LGT Business Connextions Limited Contact Details
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: [email protected] Website: http://www.lgtholidays.com/ |
LGT Business Connextions Limited IPO Registrar
Skyline Financial Services Pvt.Ltd. Phone: 02228511022 Email: [email protected] Website: https://www.skylinerta.com/ipo.php |