LGT Business Connextions IPO Details
The key details of LGT Business Connextions’s IPO are outlined below, covering all crucial aspects from price range to investment requirements and regulatory documents.
| IPO Size | ₹28.09 Cr |
| Price Range | ₹107 |
| Retail Quota | 50% |
| QIB Quota | -- |
| NII Quota | 50% |
| Employee Discount | -- |
| Listing at | BSE |
| Minimum Quantity | 2,400 |
| Investment (cut-off price) | ₹2,56,800 |
| Pre IPO Promotor Holding | 99.95% |
| Post IPO Promotor Holding | 71.95% |
| DHRP Draft | Click Here |
| RHP Draft | Click Here |
| Anchor Investors List | Click Here |
LGT Business Connextions IPO Timelines
The IPO process for LGT Business Connextions includes key dates for participants to know. The timeline allows for strategic planning and participation, helping investors stay informed and engaged throughout the entire process.
19/08/2025
Start Date21/08/2025
End Date25/08/2025
Refund Initiation25/08/2025
Credit of Shares to Demat Ac26/08/2025
Listing DateLGT Business Connextions IPO Lot Size
The LGT Business Connextions IPO has a fixed lot size of 1,200 shares, at an fixed price band of ₹107 per share. For retail investors, the minimum and maximum application is 2,400 shares (2 lots) amounting to ₹2,56,800. For HNI investors, the minimum application is 3,600 shares (3 lots) worth ₹3,85,200.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2400 | ₹2,56,800 |
| Retail Maximum | 2 | 2400 | ₹2,56,800 |
| HNI Minimum | 3 | 3600 | ₹3,85,200 |
LGT Business Connextions IPO Subscription Status
The subscription status for LGT Business Connextions IPO shows market demand across different investor categories, providing valuable insights into the offering’s performance. You can track real-time subscription data below.
| QIB | NII | Retail | EMP | Total |
|---|---|---|---|---|
| -- | 0.75x | 1.75x | -- | 1.25x |
IPO Performance on Listing Day
On the listing day (August 26, 2025), LGT Business Connextions made a weak debut on the stock exchange. The stock opened at ₹85.60, representing a significant discount of 20% to its issue price of ₹107. The business solutions company faced sustained selling pressure throughout the trading session, with the opening price marking the day’s high. The stock continued to decline, touching a low of ₹81.35, which also became the closing price. The shares concluded their maiden trading day at ₹81.35, registering a substantial loss of 24% from the issue price, indicating negative investor sentiment toward the business services sector and concerns about the company’s market prospects.
| Opening Price | Closing Price | Day High | Day Low |
|---|---|---|---|
| ₹85.60 | ₹81.35 | ₹85.60 | ₹81.35 |
LGT Business Connextions IPO Company Financials
LGT Business Connextions reports robust performance in FY2025 with Total Income of ₹100.81 crores, managing expenses at ₹93.82 crores, and achieving a strong PAT (Profit After Tax) of ₹5.22 crores, demonstrating significant growth potential ahead of its public offering.
| Year | Total Income | Total Expense | PAT |
|---|---|---|---|
| FY 2023 | ₹61.18 | ₹57.15 | ₹2.97 |
| FY 2024 | ₹89.53 | ₹84.61 | ₹3.63 |
| FY 2025 | ₹100.81 | ₹93.82 | ₹5.22 |
About Company
Incorporated in 2016, LGT Business Connextions Limited operates as a service aggregator in the travel and tourism industry, offering a comprehensive range of travel-related services. The company connects customers with hotels, airlines, car rentals, cruises, and other travel services either directly or via third-party aggregators. Its offerings span across various segments, including cruise and hotel bookings, in-transit arrangements, local sightseeing, customised travel plans, and arrangements for trade fairs and tours. The company serves both individual and corporate clients, providing tailored travel solutions and consolidated tour packages that include accommodation, ticketing, visa processing, and MICE (Meetings, Incentives, Conferences, and Exhibitions) services.
LGT’s business model is structured around key verticals such as MICE, accommodation, and ticketing with visa facilitation. Its MICE division delivers end-to-end event solutions for corporate clients, covering travel, logistics, accommodation, and post-event services. For accommodations, the company leverages third-party providers and leased flats in Chennai and Thiruvananthapuram, while also collaborating with global hotel networks. Through IATA accreditation, it offers domestic and international ticketing, earning commissions, and bundles visa services into its travel packages, catering to tourists, business travelers, and event participants.
| Incorporation Date | Sector | Managing Director |
|---|---|---|
| 2016 | Hospitality & Travel | Wilfred Selvaraj |
Know Before Investing
LGT Business Connextions IPO Strengths
- The company reported revenue of ₹100.81 crore and net profit of ₹5.22 crore in FY25, showing strong growth from ₹89.53 crore revenue and ₹3.63 crore profit in FY24, reflecting stable business expansion and profitability increases.
- LGT Business Connextions operates as a service aggregator in travel and tourism, connecting with hotels, airlines, car rentals, and cruise companies to offer a wide range of customized travel solutions to clients.
- The company provides services across various travel segments including MICE, cruise bookings, hotel reservations, local sightseeing, and trade fair arrangements, reducing dependence on any single service line.
- The company’s EPS, ROE, and P/E ratio compare favorably against peers in the travel sector, highlighting its attractive valuation metrics and financial health.
- Cordial client relations and a collaborative workforce provide stability in service execution, support repeat business, and foster long-term growth.
LGT Business Connextions IPO Risks
- A major portion of the company’s revenue comes from MICE packages and hotel bookings, making LGT Business Connextions highly dependent on these segments. Any inability to deliver these services might hurt brand reputation and financial performance.
- Business operations and revenue are predominantly derived from the southern states of India, exposing the company to regional economic or regulatory disruptions.
- The company relies on external service providers and travel suppliers who do not have long-term contracts. Service failures, price hikes, or disrupted relationships can damage service quality and financial results.
- Revenue is significantly order-driven, leading to unpredictability in cash flows and exposure to demand fluctuations within specific travel segments.
- Operating in the crowded travel and tourism sector, LGT Business Connextions faces fierce competition, which may pressure pricing, profitability, and customer retention.
- Travel and tourism are affected by macroeconomic trends, such as economic downturns, inflation, or adverse market sentiment, which could reduce business volume and investor returns.
Swot Analysis for LGT Business Connextions IPO
Strengths
Strong Local Brand Recognition, Agile Organizational Structure, Active Status and Compliance
Weaknesses
Modest Scale Relative to Major Players, Potential Overreliance on Key Segments, Debt and Financing Needs
Opportunities
Expansion Beyond Regional Base, Digital and Service Diversification, Brand Development Initiatives
Threats
Market Concentration Risk, Regulatory and Compliance Exposure, Economic and Sector Cyclicality
Company Details
LGT Business Connextions Ltd.
New No. 38, Old No. 44, First Floor, Brindavan Street Extn, West Mambalam, Chennai, Tamil Nadu- 600 033
Phone: +91 9940067846
Email: info@lgtholidays.com
Website: http://www.lgtholidays.com/
IPO Registar Details
Skyline Financial Services Pvt. Ltd.
Phone: 02228511022
Email: ipo@skylinerta.com
Website: https://www.skylinerta.com/ipo.php
FAQs
The key objectives of LGT Business Connextions SME IPO are:
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purpose
Mark Corporate Advisors Pvt. Ltd. is the book-running lead managers for the LGT Business Connextions IPO.
LGT Business Connextions has shown steady growth with revenue climbing from ₹61.18 crore in FY23 to ₹100.81 crore in FY25 and PAT improving from ₹2.97 crore to ₹5.22 crore, reflecting rising operational efficiency. While the travel sector remains sensitive to economic shifts and competition, the company’s expanding scale and improving profitability suggest solid growth opportunities.
The issue price for the LGT Business Connextions IPO is set to ₹107 per share.
To invest in two lot of LGT Business Connextions IPO, you need ₹2,56,800 at the fixed price band (₹107 per share) for a lot size of 2400 shares.
LGT Business Connextions IPO shares are scheduled to be listed on the Bombay Stock Exchange (BSE) on August 26, 2025.
Refund/unblocking of funds for LGT Business Connextions IPO will begin on August 25, 2025. ASBA/UPI blocks will be removed within 1 working day.
You can sell shares your LGT Business Connextions IPO shares on listing day (August 26, 2025) after they are credited to your demat account. If you want to sell in the pre-open market, the timing for that session is from 9:00 AM to 9:15 AM. Otherwise, you can sell after 10:00 AM during regular trading hours.