LGT Business Connextions IPO
LGT Business Connextions IPO
Overview
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 opens for subscription on Aug 19, 2025 and closes on Aug 21, 2025. The allotment for the LGT Business Connextions IPO is expected to be 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). 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..
Total Shares
26,25,600
Issue Size
₹28.09 Cr
Price Band
₹107 – ₹107
Lot Size
1200 shares
Min. Investment
₹2,56,800
Max. Investment
₹2,56,800
Open Date
19 Aug, 2025
Close Date
21 Aug, 2025
Allotment
22 Aug, 2025
Listing
26 Aug, 2025
Max. Investment
₹2,56,800
Announced
19 Aug, 2025
Opening Date
19 Aug, 2025
Closing Date
21 Aug, 2025
Basis of Allotment
22 Aug, 2025
Initiation of Refunds
25 Aug, 2025
Credit of Shares
25 Aug, 2025
Listing Date
26 Aug, 2025
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About LGT Business Connextions IPO
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 se
LGT Business Connextions IPO Share Price
Issue Breakdown
Shareholding
Dilution: 33.7% increase in shares
LGT Business Connextions IPO Promoters Holding
LGT Business Connextions IPO Financial Health
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.
LGT Business Connextions 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 |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2400 | ₹2,56,800 |
| Individual investors (Retail) (Max) | 2 | 2400 | ₹2,56,800 |
| HNI (Min) | 3 | 3600 | ₹3,85,200 |
(All values in CR)
LGT Business Connextions IPO Valuations
The market capitalization of LGT Business Connextions IPO is ₹100.29 Cr. KPI as of Mon, Mar 31, 2025.
| Metric | Value |
|---|---|
| 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 |
(All values in CR)
LGT Business Connextions IPO Strength & Risk
LGT Business Connextions IPO Strength:
Operates as a travel and tourism service aggregator with a wide range of offerings.
Strong revenue and profit growth in recent years.
Healthy financial position with increasing assets and cash reserves.
High return ratios indicating operational efficiency.
Low debt levels reducing financial risk.
Clear and defined plan for IPO proceeds allocation.
LGT Business Connextions IPO Risk:
Business limited to the travel aggregation sector, making it vulnerable to industry downturns.
Listing on SME platform, which may face lower liquidity and higher volatility.
Fixed-price issue format may affect investor demand and flexibility.
Limited public financial history, creating uncertainty for long-term assessment.
Dependence on a single market segment increases exposure to competition and disruptions.
LGT Business Connextions IPO Subscriptions Status
LGT Business Connextions IPO subscribed 1.24 times. The public issue subscribed 1.74 times in the individual investors category, [.] times in QIB (Ex Anchor), and 0.75 times in the NII category by August 21, 2025 3:49:43 PM (Day 3).
| Investor Category | Subscription (times) | Shares Offered | Shares bid for | Total Amount (Rs Cr.) |
|---|---|---|---|---|
| Market Maker | 1.00 | 1,32,000 | 1,32,000 | 1.41 |
| Non-Institutional Buyers | 0.75 | 12,46,800 | 9,33,600 | 9.99 |
| Individual Investors (IND category bidding for 2 Lots) | 1.74 | 12,46,800 | 21,64,800 | 23.16 |
| Total | 1.24 | 24,93,600 | 30,98,400 | 33.15 |
LGT Business Connextions IPO GMP
LGT Business Connextions SME IPO last GMP is ₹0, last updated Aug 21st 2025 03:01 PM. With the price band of 107.00, LGT Business Connextions SME IPO's estimated listing price is ₹107 (cap price + today's GMP).The expected percentage gain/loss per share is 0.00%.
Last updated 21 Aug, 2025 · Source: aggregated grey-market dealers
| Date | IPO Price | GMP | Sub2 Sauda | Est. Listing | Est. Profit | Updated |
|---|---|---|---|---|---|---|
| 21 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 21 Aug, 2025 |
| 20 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 20 Aug, 2025 |
| 19 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 19 Aug, 2025 |
| 18 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 18 Aug, 2025 |
| 17 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 17 Aug, 2025 |
| 16 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 16 Aug, 2025 |
| 15 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 15 Aug, 2025 |
| 14 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 14 Aug, 2025 |
| 13 Aug, 2025 | 107 | ₹0 | - | ₹107 (0.00%) | - | 13 Aug, 2025 |
Disclaimer: GMP is an unofficial signal from grey-market dealers and is not regulated by SEBI. Use it alongside subscription data and other research for informed decision-making.
How to Apply for LGT Business Connextions IPO
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Open Zerodha, Upstox, Groww, Angel One, or any brokerage app.
Go to IPO Section
Find LGT Business Connextions IPO under the IPO section. Select it and enter your bid details — choose lot size and price (cut-off price recommended).
Enter UPI ID and Submit
Provide your UPI ID linked to your bank account and submit the application.
Approve Mandate on UPI App
Open your UPI app (Google Pay, PhonePe, Paytm, BHIM) and approve the IPO payment request.
Application Confirmed
Your funds will be blocked in your account until the IPO allotment process is completed.