LGT Business Connextions Limited is a service aggregator in the travel and tourism industry, offering a comprehensive range of travel solutions for both corporate and individual clients. Operating under its travel and tours brand, the company connects customers with hotels, airlines, cruises, car rentals, and other travel services, either directly or via third-party aggregators.
Its offerings include MICE travel, cruise and hotel bookings, in-transit arrangements, local sightseeing, customised travel plans, and arrangements for trade fairs and tours. Services span consolidated tour packages, ticketing, visa processing, and bespoke itineraries.
Business Segments:
- MICE: End-to-end corporate event solutions covering meetings, incentives, conferences, exhibitions, travel, accommodations, logistics, and post-event reporting.
- Accommodation: Partnerships with local and global hotels and booking platforms, along with leased flats in Chennai and Thiruvananthapuram, to offer varied lodging options.
- Ticketing & Visa: Domestic and international ticketing via IATA accreditation, earning commissions, and providing visa facilitation as part of bundled packages.
Focused on customer satisfaction, convenience, and value, the company positions itself as a one-stop travel partner for leisure, business, and event-based travel needs.
LGT Business Connextions IPO – Details
| IPO Opening Date | 19 August 2025 |
| IPO Closing Date | 21 August 2025 |
| Issue Type | Fixed Price IPO |
| Issue Size | Total Issue: 26,25,600 Shares Worth ₹28.09 Crore Fresh Issue: 23,62,800 Shares Worth ₹25.28 Crore Offer For Sale: 2,62,800 Shares Worth ₹2.81 Crore |
| Face Value | ₹10 per equity share |
| IPO Price | ₹107 per share |
| Market Lot | 1200 Shares |
| Min Order | 1200 Shares [ 1 Lot ] |
| Listing At | BSE SME |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| NII (HNI) Shares Offered | 50% |
| Retail Shares Offered | 50% |
LGT Business Connextions IPO – Date Schedule
| IPO Open Date | 19 August 2025 |
| IPO Close Date | 21 August 2025 |
| Basis of Allotment | 22 August 2025 |
| Initiation of Refund | 25 August 2025 |
| Credit of Shares to Demat | 25 August 2025 |
| IPO Listing Date | 26 August 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on August 21, 2025 |
LGT Business Connextions IPO – Lots Size & Price
| 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 |
Competitive Strengths
- Organizational stability along with management expertise.
- Service Offering.
- Skilled & Quality Staff.
- Scalable Business Model.
- Smooth flow of operations.
Company Promoters
- Wilfred Selvaraj
- Padma Wilfred
Company Financials
| Period | Total Revenue | Total Expense | Profit After Tax | Total Borrowings |
|---|---|---|---|---|
| 31 March 2023 | ₹61.18 Cr | ₹57.15 Cr | ₹2.97 Cr | ₹2.50 Cr |
| 31 March 2024 | ₹89.53 Cr | ₹84.61 Cr | ₹3.63 Cr | ₹2.82 Cr |
| 31 March 2025 | ₹100.81 Cr | ₹93.82 Cr | ₹5.22 Cr | ₹9.58 Cr |
Key Performance Indicator
| KPI | Values |
|---|---|
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (₹) | 7.44 | 5.56 |
| P/E (x) | 14.38 | 19.23 |
Object Of The Issue
| Objects of the Issue | Expected Amount (in Crore) |
|---|---|
| Capital Expenditure. | ₹10.44 |
| Working Capital Requirement. | ₹7.70 |
| General Corporate Purposes. | ₹3.79 |
LGT Business Connextions IPO Promoter Holding
| Pre Issue Share Holding | 99.95% |
| Post Issue Share Holding | 71.95% |
LGT Business Connextions IPO Prospectus
Company Contact Information
| LGT Business Connextions Ltd. New No. 38, Old No. 44, First Floor, Brindavan Street Extn, West Mambalam Chennai, Tamil Nadu, 600033 Phone: +91 9940067846 Email: info@lgtholidays.com Website: http://www.lgtholidays.com/ |
LGT Business Connextions IPO Registrar
| Skyline Financial Services Pvt.Ltd. Phone: 02228511022 Email: ipo@skylinerta.com Website: https://www.skylinerta.com/ipo.php |
LGT Business Connextions IPO Lead Manager(s)
| 1. Mark Corporate Advisors Pvt.Ltd. |
LGT Business Connextions IPO FAQ
| What is LGT Business Connextions IPO? LGT Business Connextions IPO is an SME IPO. The issue is priced at ₹107 per equity share. The IPO is to be listed on BSE SME. |
| When LGT Business Connextions IPO will open? The IPO is to open on 19 August 2025 for QIB, NII, and Retail Investors. |
| What is LGT Business Connextions IPO Investors Portion? The investors’ portion for NII – 50%, and Retail – 50%. |
| How to Apply the LGT Business Connextions IPO? You can apply LGT Business Connextions IPO via ASBA online via your bank account. You can also apply for ASBA online via UPI through your stock brokers. You can also apply via your stock brokers by filling up the offline form. |
| How to Apply the LGT Business Connextions IPO through Angle One? Log in to Angle One Application with your credentials. Select the IPO. You will see the IPO Name “LGT Business Connextions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Angle One. |
| How to Apply the LGT Business Connextions IPO through 5 Paisa? Log in to 5 Paisa Application with your credentials. Select the IPO. You will see the IPO Name “LGT Business Connextions IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with 5 Paisa. |
| How to Apply the LGT Business Connextions IPO through Upstox? Log in to Upstox Application with your credentials. Select the IPO. You will see the IPO Name “LGT Business Connextions IPO”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox. |
| How to Apply the LGT Business Connextions IPO through IIFL? Log in to IIFL Application with your credentials. Select the IPO. You will see the IPO Name “LGT Business Connextions IPO“. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with IIFL. |
| What is the LGT Business Connextions IPO Size? LGT Business Connextions IPO size is ₹28.09 Crore. |
| What is the LGT Business Connextions IPO Price Band? LGT Business Connextions IPO Price Band is ₹107. |
| What is LGT Business Connextions IPO Minimum and Maximum Lot Size for Retail? The minimum bid is 2400 Shares with ₹2,56,800 amount, while the maximum bid is 2400 Shares with ₹2,56,800. |
| What is the LGT Business Connextions IPO Allotment Date? LGT Business Connextions IPO allotment date is 22 August 2025. |
| What is the LGT Business Connextions IPO Listing Date? LGT Business Connextions IPO listing date is 26 August 2025. The IPO is to be listed on the NSE SME. |
