LGT Business Connextions IPO

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