LGT Business Connextions IPO

₹1,28,400/1,200 shares

Minimum Investment

IPO Details

Open Date

19 Aug 25

Close Date

21 Aug 25

Minimum Investment

₹1,28,400

Lot Size

1,200

Price Range

₹107 to ₹0

Listing Exchange

BSE

Issue Size

₹28.09 Cr

Listing Date

26 Aug 25

Open Free Demat Account

LGT Business Connextions IPO Timeline

Bidding Start

19 Aug 25

Bidding Ends

21 Aug 25

Allotment Finalisation

22 Aug 25

Refund Initiation

25 Aug 25

Demat Transfer

25 Aug 25

Listing

26 Aug 25

LGT Business Connextions Limited

Incorporated in 2016, LGT Business Connextions Limited operates as a service aggregator in the travel and tourism sector, connecting customers with hotels, airlines, car rentals, cruises, and other services directly or through third-party aggregators. The company provides comprehensive travel solutions, including MICE travel, hotel and cruise bookings, in-transit arrangements, local sightseeing, customised travel plans, and trade fair arrangements. Its business model includes end-to-end MICE services for corporate events, accommodation through third-party providers, and domestic and international ticketing and visa services, ensuring convenience and quality for both individual and corporate clients.

LGT Business Connextions Limited IPO Overview

The LGT Business Connextions IPO is a fixed price issue of ₹28.09 crores, comprising a fresh issue of 0.24 crore shares aggregating to ₹25.28 crores and an offer for sale of 0.03 crore shares aggregating to ₹2.81 crores. The IPO opens for subscription on 19 August 2025 and closes on 21 August 2025, with allotment expected to be finalised on 22 August 2025. The shares are set to list on BSE SME, with a tentative listing date of 26 August 2025. Priced at ₹107 per share, the IPO has a lot size of 1,200 shares, requiring a minimum investment of ₹2,56,800 for retail investors (2,400 shares) and ₹3,85,200 for HNI investors (3,600 shares). Mark Corporate Advisors Pvt. Ltd. is the book running lead manager, while Skyline Financial Services Pvt. Ltd. serves as the registrar of the issue.

LGT Business Connextions Limited IPO Details

Particulars	Details
IPO Date	19 August 2025 to 21 August 2025
Listing Date	26 August 2025 (Tentative)
Face Value	₹10 per share
Issue Price	₹107 per share
Lot Size	1,200 Shares
Total Issue Size	26,25,600 shares (₹28.09 Cr)
Fresh Issue	22,30,800 shares (₹23.87 Cr)
Offer for Sale	2,62,800 shares (₹2.81 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
Market Maker Portion	1,32,000 shares (₹1.41 Cr)

LGT Business Connextions Limited IPO Reservation

Investor Category	Shares Offered
QIB	Not more than 50% of Net Issue
Retail	Not less than 35% of Net Issue
NII (HNI)	Not less than 15% of Net Issue

LGT Business Connextions Limited IPO Lot Size

Application	Lots	Shares	Amount
Retail (Min)	2	2,400	₹2,56,800
Retail (Max)	2	2,400	₹2,56,800
HNI (Min)	3	3,600	₹3,85,200

LGT Business Connextions Limited IPO Promoter Holding

Shareholding Status	Percentage
Pre-Issue	99.95%
Post-Issue	71.95%

LGT Business Connextions Limited IPO Valuation Overview

KPI	Value
Earnings Per Share (EPS)	Pre IPO: ₹7.44; Post IPO: ₹5.56
Price/Earnings (P/E) Ratio	Pre IPO: 14.38; Post IPO: 19.23
Return on Net Worth (RoNW)	41.89%
Return on Equity (ROE)	41.89%
Return on Capital Employed (ROCE)	45.19%
EBITDA Margin	7.62%
PAT Margin	5.19%
Debt to Equity Ratio	0.77

Objectives of the Proceeds

Capital expenditure for growth and infrastructure: ₹10.44 Crore

Working capital requirements to support business operations: ₹7.70 Crore

General corporate purposes to maintain business flexibility: ₹3.79 Crore

Key Financials (in ₹ Crore)

Particulars	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 (PAT)	5.22	3.63	2.97
Reserves and Surplus	5.44	7.22	3.59
Total Borrowings	9.58	2.82	2.50

SWOT Analysis of LGT Business Connextions IPO

Strength and Opportunities

Experienced management team driving operational stability.
Growing travel and tourism industry with scalable business.
Strong financial growth with improving profitability.
Expanding MICE services catering to corporate events.

Risks and Threats

High dependency on third-party hotel aggregators.
Exposure to economic cycles impacting tourism demand.
Competition from established global travel service providers.
Risks associated with regulatory changes in travel.

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About LGT Business Connextions Limited

LGT Business Connextions IPO Strengths

Strong organizational stability supported by experienced and skilled management driving business growth.

Diverse and comprehensive service offerings catering to multiple customer segments efficiently.

Highly skilled and quality staff ensuring excellent service delivery and customer satisfaction.

Scalable business model enabling expansion into new markets and service verticals effectively.

Smooth operational processes ensuring seamless coordination and efficient execution across all services.

Peer Comparison

Company Name	NAV (per share) (₹)	P/E (x)	RoNW (%)	P/BV Ratio
LGT Business Connextions Limited	17.76	14.38	41.89	6.29
Peer Group
International Travel House Ltd.	206.85	14.15	16.42	2.33

How to apply IPO with HDFC SKY?

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1Login to your HDFC SKY Account

2Select Issue

3Enter Number of Lots and your Price.

4Enter UPI ID

5Complete Transaction on Your UPI App