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IPO Analysis > lgt-business-connextions-bse-sme

LGT Business Connextions Logo 

LGT Business Connextions IPO: A Detailed Review 

India got the 39th spot out of 119 countries in the World Economic Forum’s TTDI (Travel and Tourism Development Index) 2024 Report.

The LGT Business Connextions Limited IPO manager is Mark Corporate Advisors, while the registrar is Skyline Financial Services. Click here to know your allotment status.

See the LGT Business Connextions IPO RHP for more details. 

Note: Half of the LGT Business Connextions IPO shares will be unlocked 30 days after allotment, while the rest will be free from lock-in restrictions after 90 days.

LGT Business Connextions IPO Details: Company Profile

Know what the LGT Business Connextions Ltd company profile looks like:

Particulars

Details 

Incorporated 

2016

Registered Office 

Chennai, Tamil Nadu

Promoter

Wilfred Selvaraj

Services

Travel services and tourism packages

Number of Employees 

81

Competitors 

International Travel House


Exploring the LGT Business Connextions IPO Details

Here are the details you need before applying to the LGT Business Connextions IPO.

  • LGT Business Connextions IPO Date

Event / Milestone

Date

Public issue opens

19 Aug 2025

Public issue closes

21 Aug 2025

UPI mandate cut-off

21 Aug 2025 (5 PM)

Basis of allotment published

22 Aug 2025

Refunds credited

25 Aug 2025

Shares credited to demat

25 Aug 2025

Listing on exchange

26 Aug 2025

UPI mandate expiry

05 Sep 2025

Anchor investor lock-in ends (50%)

21 Sep 2025

Anchor investor lock-in ends (remaining portion)

20 Nov 2025


Get a demat account from the right broker to bid for this IPO. 

  • LGT Business Connextions IPO size

Particulars

Shares

Aggregate Value

Fresh Issue 

23,62,800

₹23.87 crores

Offer for Sale

2,62,800

₹2.81 crores

Overall Issue 

26,25,600

₹28.09 crores


  • Objectives of the offer 

Purpose of Funds

Amount (₹ in crores)

% of Gross Proceeds

% of Net Proceeds

Investment in capital projects

1,043.61

41.28%

47.60%

Funding working capital needs

770.00

30.46%

35.12%

General corporate requirements

378.88

14.99%

17.28%

Total

2,192.49

86.72%

100.00%


  • Other takeaways from the LGT Business Connextions IPO Price


Particulars

Description

Face value of each share

₹10

Price Range

₹107 

Listed At 

BSE SME


  • Categorisation of different investors 


Particulars

Details

Market Maker Reservation

1,32,000 Equity Shares

Net Offer to Public

24,93,600 Equity Shares

Minimum Application Size

1,32,000 Equity Shares

For Individual Investors

At least 2 lots (application more than ₹2.00 lakh) in multiples of 1,200 shares

For Non-Individual Investors

Multiples of 1,200 shares, not exceeding total issue size

Maximum Application Size

1,32,000 Equity Shares


LGT Business Connextions IPO details: Key Financials

Particulars

Mar 31, 2025

Mar 31, 2024

Mar 31, 2023

Equity Share Capital

701.00

1.00

1.00

Net Worth

1,245.06

723.47

360.3

Total Revenue

10,080.94

8,953.07

6,117.62

Profit After Tax (PAT)

521.59

363.17

297.43

EPS (Basic & Diluted) 

7.44

5.18

4.24

NAV 

17.76

10.32

5.14

Non-Current – Long Term Borrowings

106.71

87.52

36.05

Current – Short Term Borrowings

851.73

194.96

214.02

Total Borrowings

958.44

282.48

250.08


Metrics of LGT Business Connextions Private Limited IPO 


Particulars

2025

2024

2023

EBITDA (%) Margin 

7.62%

5.89%

6.62%

ROCE (%) 

45.19%

62.09%

90.36%

Current Ratio 

1.77

1.99

1.63

RONW 

41.89%

50.20%

82.55%

EPS 

7.44

5.18

4.24


Strengths and risks

Check out what are the risks and advantages LGT Business Connextions is having. 

Strengths

  • The business runs on a model that can easily grow bigger.

  • Strong leadership and steady company background give it stability.

  • Services are varied, not just focused on one area.

  • Day-to-day operations are handled in an organised and efficient way.

Risks 

  • A large share of income comes from only two key services: hotel bookings and MICE packages.

  • Heavy focus on Southern India makes growth tied to one region.

  • A big part of revenue comes from just ten clients, with limited long-term agreements.

  • The company depends on outside travel partners and vendors, most of whom don’t have lasting contracts.

IPO Closing Soon: Is LGT Business Connextions IPO Worth the Rush?

LGT Business Connextions IPO GMP was not available as of 18 Aug 2025. You can still explore the company’s details and read the LGT Business Connextions IPO review on NSE. Click here to see the GMP update whenever they are published.

You can also apply for the LGT Business Connextions IPO and track live subscription figures.

FAQs

1. What is the LGT Business Connextions IPO share price?

The LGT Business Connextions Ltd share price at ₹ 107 per share under the SME platform. As a fixed-price issue, there was no price band offered, giving investors a clear entry point. The shares are slated to be listed on the BSE-SME exchange.

2. How is the LGT Business Connextions IPO review?

Market observers described the IPO as relatively small. While the company’s niche in travel services shows promise, analysts highlight growth prospects and suggest that investors should look for its GMP update.

3. What is the LGT Business Connextions IPO date?

The public issue was scheduled to open on 19 Aug 2025 and remained available for subscription until 21 Aug 2025. Following the close of bidding, the company planned to list its shares on 26 Aug 2025 at the BSE-SME platform. Get more live subscription details here. 

4. What is the LGT Business Connextions IPO size?

The total issue comprised 1,200 equity shares of face value ₹ 10 each. The IPO structure included both fresh issue and offer-for-sale components. This makes it a strategic fundraising move for the company’s expansion plans.

5. Can I apply for LGT Business Connextions IPO if I am a retail investor? 

Retail investors may join SME IPOs, but SEBI now sets a ₹2 lakh minimum. This makes entry harder for smaller participants, while rules for mainboard offerings remain the same. With the help of the best broker you can apply for this IPO.
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