LGT Business Connextions IPO to open on 19th August

Mumbai, 14 August 2025: LGT Business Connextions Limited is set to launch its initial public offering (IPO) from 19 August 2025 to 21 August 2025, aggregating up to ₹28.09 crore. The IPO comprises a fresh issue of 0.24 crore shares amounting to ₹25.28 crore, along with an offer for sale of 0.03 crore shares totaling ₹2.81 crore. The allotment is expected on 22 August 2025, with shares likely to list on the BSE SME segment on 26 August 2025.

Fixed Price of ₹107 per Share and Investment Details

The IPO is priced at ₹107 per share, with a face value of ₹10. Investors can apply for a minimum of 2,400 shares (equivalent to ₹2,56,800) and in multiples of 1,200 shares per lot. High Net-Worth Individuals (HNIs) must apply for a minimum of 3 lots (3,600 shares), amounting to ₹3,85,200.

Mark Corporate Advisors Pvt. Ltd. is the book running lead manager, with Skyline Financial Services Pvt. Ltd. acting as registrar, and Asnani Stock Broker Pvt. Ltd. serving as the market maker.

IPO Timeline for Investors

• IPO Open Date: 19 August 2025
• IPO Close Date: 21 August 2025
• Tentative Allotment: 22 August 2025
• Refunds Initiated: 25 August 2025
• Credit of Shares to Demat Accounts: 25 August 2025
• Tentative Listing Date: 26 August 2025
• Cut-off for UPI Mandate Confirmation: 5 PM on 21 August 2025

Financials Show Growth Momentum: Revenue Up 13%, PAT Surges 44% YoY

For FY2025 ending 31 March 2025, LGT Business Connextions reported total income of ₹100.81 crore, up 13% from ₹89.53 crore in FY2024. Profit after tax (PAT) rose 44% to ₹5.22 crore, from ₹3.63 crore the previous year. Assets grew to ₹27.18 crore, while net worth increased to ₹12.45 crore. EBITDA margin stood at 7.62%, with PAT margin at 5.19%, reflecting improved efficiency and operational growth.

Pre-IPO EPS of the company is ₹7.44, with a P/E of 14.38x, while post-IPO EPS is projected at ₹5.56, with P/E of 19.23x, highlighting potential investor value creation.

IPO Proceeds will be used to expand operations and strengthen working capital

The net proceeds from the IPO are intended to fund capital expenditure of ₹10.44 crore, working capital requirements of ₹7.70 crore, and general corporate purposes up to ₹3.79 crore, supporting operational expansion and improved service offerings.

Incorporated in 2016, LGT Business Connextions Ltd. is a travel and tourism service aggregator, connecting clients with hotels, airlines, cruises, and car rentals. It offers MICE solutions, bookings, sightseeing, customised travel plans, ticketing, and visa services, with leased accommodations in Chennai and Thiruvananthapuram.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest.