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How to Check LGT Business Connextions IPO Allotment Status?
Last Updated: 21st August 2025 - 06:15 pm
LGT Business Connextions Limited is engaged as a service aggregator in the travel and tourism industry, incorporated in 2016. The company acts as a service aggregator connecting customers with hotels, airlines, car rentals, cruises, and other services directly or through third-party aggregators, offering extensive services including MICE travel, cruise and hotel bookings, in-transit arrangements, local sightseeing, customised travel plans, and arrangements for trade fairs and tours while providing consolidated tour packages, hotel accommodation, ticketing, visa processing, and customized travel plans for both corporate groups and individuals.
The LGT Business Connextions IPO came with a total issue size of ₹28.09 crore, comprising a fresh issue of 0.24 crore shares aggregating to ₹25.28 crore and offer for sale of 0.03 crore shares aggregating to ₹2.81 crore. The IPO opened on August 19, 2025, and closed on August 21, 2025. The allotment for the LGT Business Connextions IPO is expected to be finalized on Friday, August 22, 2025. The LGT Business Connextions IPO share price was set at ₹107 per share.
Steps to Check LGT Business Connextions IPO Allotment Status on Registrar Site
- Visit the Kfin Technologies Ltd. website
- Select "LGT Business Connextions" from the dropdown menu on the allotment status page
- Enter your PAN ID, Demat Account Number, or Application Number in the designated field
- Complete the captcha verification process and click on the "Submit" button to view your allotment status
Steps to Check LGT Business Connextions IPO Allotment Status on BSE
- Navigate to the BSE IPO Allotment Status Page
- Select the issue type: equity/debt
- Choose "LGT Business Connextions" from the list of active IPOs in the dropdown menu
- Input your Application Number and PAN ID in the required fields
- Verify the captcha and click "Search" to check your allotment status
LGT Business Connextions IPO Subscription Status
LGT Business Connextions IPO received weak investor interest, being subscribed 1.25 times overall. The subscription showed limited confidence across categories in the LGT Business Connextions IPO stock price potential. Here is a category-wise breakdown of the subscription as of 5:04:45 PM on August 21, 2025:
- Non-Institutional Investors (NII): 0.75 times.
| Date | NII | Total |
| Day 1 August 19, 2025 | 0.23 | 0.21 |
| Day 2 August 20, 2025 | 0.35 | 0.34 |
| Day 3 August 21, 2025 | 0.75 | 1.25 |
LGT Business Connextions Share Price and Investment Details
The LGT Business Connextions IPO stock price was set at ₹107 per share with a minimum lot size of 1,200 shares. The minimum investment required for individual investors was ₹2,56,800 for 2 lots (2,400 shares). The issue included up to 1,32,000 shares reserved for market maker raising ₹1.41 crore. Given the weak subscription response of 1.25 times overall, with NII category showing weak response at 0.75 times and individual investors demonstrating moderate response at 1.75 times, the LGT Business Connextions IPO share price is expected to list with minimal to no premium.
Utilisation of IPO Proceeds
The IPO is a complete offer for sale. Hence, the company will not receive any proceeds. The objective of the issue is to:
- Capital Expenditure: ₹10.44 crore.
- Working Capital Requirement: ₹7.70 crore.
- General Corporate Purpose: ₹3.79 crore.
Business Overview
LGT Business Connextions Limited is a service aggregator in the travel and tourism industry offering end-to-end solutions through three main business divisions: MICE providing comprehensive corporate event solutions including meetings, incentives, conferences, exhibitions, and ancillary services; Accommodation services through third-party hotel providers and leased flats; and Ticketing & Visa services providing domestic and international ticketing through IATA accreditation and visa processing for tourist, business, and conference visas.
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