LGT Business Connextions Limited
Fixed Price IPO · BSE
- Price band
- ₹107 - ₹107
- Lot size
- 1,200 shares
- Issue amount
- ₹28.09 cr
- Total subscription
- 1.31×
- Opens
- 19 Aug 2025
- Closes
- 21 Aug 2025
- Allotment
- 22 Aug 2025
- Listing
- 26 Aug 2025
Offer at a glance
Issue overview
- Issue size
- 26,25,600 shares
- Face value
- ₹10 per share
- Minimum investment
- ₹1,28,400
- Fresh issue
- ₹25.28 cr
- Offer for sale
- ₹2.81 cr
- Registrar
- Skyline Financial Services Private Limited
- Listing exchange
- BSE
- Maximum investment
- ₹1,28,400
- Issue type
- Fixed Price IPO
- Shares before issue
- 70,10,000
- Shares after issue
- 93,72,800
Lot sizes
| Category | Lots | Shares | Amount |
|---|---|---|---|
| RETAIL | 2 | 2,400 | ₹2,56,800 |
| sHNI | 3 | 3,600 | ₹3,85,200 |
| bHNI | 8 | 9,600 | ₹10,27,200 |
Share reservation
Subscription & GMP
Subscription by category
Missing multiples are calculated from bids and offered shares when available.
GMP history
Application-wise demand
| Category | Reserved applications | Applied applications |
|---|---|---|
| RETAIL | 519 | 911 |
Subscription demand
Amounts in ₹ crore. HNI subcategories are included in the NII total.
| Category | Offered | Demand |
|---|---|---|
| RETAIL | 13.34 | 23.39 |
| HNIs 2+ | 0 | 3.75 |
| HNIs 10+ | 0 | 7.69 |
Financial performance
Company financials
In Crores · Reported periods may include interim results.
Key performance indicators
| Metric | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| EPS | 7.44 | 5.18 | 4.24 |
| ROE | 41.89 | 50.2 | 82.55 |
| ROCE | 45.19 | 62.09 | 90.36 |
| RONW | 41.89 | 50.2 | 82.55 |
| PRE IPO(PE) | 14.38 | 0 | 0 |
| POST IPO(PE) | 19.23 | 0 | 0 |
Values and labels as reported in the issue data.
Company information
Company profile
Founded in 2016, LGT Business Connextions Limited operates as a service aggregator in the travel and tourism industry, offering a wide range of services including hotel bookings, flights, cruises, car rentals, sightseeing, customized travel plans, and MICE (Meetings, Incentives, Conferences, Exhibitions) solutions. It serves both individuals and corporate clients, providing end-to-end arrangements for events, trade fairs, and tours. The company partners with hotels, airlines, and booking platforms, manages leased accommodations in Chennai and Thiruvananthapuram, and offers domestic and international ticketing through IATA accreditation, along with visa processing for tourism, business, and conferences.
Strengths
- Stable & Experienced Leadership: strong organizational stability with seasoned management
- Wide Specialty Offerings: diverse range of specialty ingredients for multiple industries
- Skilled Workforce: expert staff delivering consistent quality and innovation
Risk factors
- Regulatory Concerns: auditors’ remark could result in penalties or legal action
- High Revenue Dependence: ~99.9% of income from MICE packages and hotel bookings
- Regional Sales Concentration: majority of sales in southern India, increasing vulnerability to local disruptions
Promoters
Wilfred Selvaraj
Padma Wilfred
Registrar & documents
Lead manager
Mark Corporate Advisors Private Limited
Registrar & contacts
Skyline Financial Services Private Limited
[email protected]Official registrar portal ↗IPO allotment status guide →Registered office
New No. 38, Old No. 44, First Floor, Brindavan Street Extn, West Mambalam Chennai, Tamil Nadu, 600033
+91 9940067846
[email protected]Company website ↗Understanding LGT IPO data
Compare the price band and required investment with the company profile, financial results and offer documents. Subscription figures show reported demand by category; they do not establish the value of the business. GMP is an unofficial indication and can change before listing.