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LGT Business Connextions IPO

  • Status: Closed
  • RHP:
  • ₹ 256,800 / 2400 shares

    Minimum Investment

LGT Business Connextions IPO Details

  • Open Date

    19 Aug 2025

  • Close Date

    21 Aug 2025

  • Listing Date

    26 Aug 2025

  • IPO Price Range

    ₹ 107

  • IPO Size

    ₹ 26.88 Cr

  • Listing Exchange

    BSE SME

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LGT Business Connextions IPO Timeline

LGT Business Connextions IPO Subscription Status

Last Updated: 21 August 2025 6:46 PM by 5paisa

LGT Business Connextions Limited, a service aggregator in the travel and tourism industry, is launching a ₹26.68 crore IPO. Operating through its travel brand, the company connects customers with hotels, airlines, car rentals, cruises, and more, directly or via third-party aggregators. Its offerings include MICE travel, cruise and hotel bookings, sightseeing, customised itineraries, visa processing, and consolidated tour packages for both corporate and individual clients, catering to diverse domestic and international travel needs.
 
Established in: 2016
Managing Director: Mr. Wilfred Selvaraj
 

LGT Business Connextions Objectives

1. The funds will be utilised for capital expenditure.
2. A portion will be allocated to meet working capital requirements.
3. The remaining amount will be used for general corporate purposes.
 

LGT Business Connextions IPO Size

Types Size
Total IPO Size ₹26.68 Cr
Offer For Sale ₹2.81 Cr
Fresh Issue ₹23.87 Cr

 

LGT Business Connextions IPO Lot Size

Application Lots Shares Amount
Retail (Min) 2 2,400 256,800
Retail (Max) 2 2,400 256,800
S-HNI (Min) 3 3,600 385,200

LGT Business Connextions IPO Reservation

Investors Category Subscription (times) Shares Offered Shares bid for Total Amount (Cr.)*
NII (HNI) 0.75 12,46,800 9,37,200 10.03
Individual Investors (IND category bidding for 2 Lots)     1.75 12,46,800 21,86,400 23.39
Total** 1.25 24,93,600 31,23,600 33.42

 

*The "Shares Offered" and "Total Amount" are calculated using the upper limit of the issue price range.
**Shares allocated to anchor investors (or market makers) are excluded from the total number of shares offered.

Profit and Loss

Balance Sheet

Particulars (in Rs. Crores) FY23 FY24 FY25
Revenue 61.18 89.53 100.81
EBITDA 4.04 5.27 7.65
PAT 2.97 3.63 5.22
Particulars (in Rs. Crores) FY23 FY24 FY25
Total Assets 8.69 14.93 27.18
Share Capital 7.01 0.01 0.01
Total Borrowings 2.50 2.82 9.58
Particulars (in Rs. Crores) FY23 FY24 FY25
Net Cash Generated From / (used in) operating activities 0.97 2.87 1.01
Net Cash Generated From / (used in) investing activities -0.27 -1.03 -1.85
Net Cash Generated From / (used in) financing activities 0.35 -0.21 5.72
Net Increase (Decrease) In Cash And Cash Equivalents 1.05 1.63 4.87


Strengths

1. Wide range of travel and tourism services.
2. Experienced and capable management team.
3. Strong promoter expertise in the sector.
4. Established and reputable brand presence.
 

Weaknesses

1. High operational and administrative costs.
2. Limited visibility in online travel platforms.
3. Rigid service structures limit flexibility.
4. Heavy reliance on corporate customer base.
 

Opportunities

1. Growing digital adoption in travel services.
2. Rising demand for sustainable tourism options.
3. Increasing preference for personalised travel experiences.
4. Expansion potential in emerging markets.
 

Threats

1. Risk from economic slowdowns.
2. Intense competition in travel industry.
3. Vulnerability to pandemic-related disruptions.
4. Impact of evolving regulatory requirements.
 

1. Strong growth in revenue and profits from FY23 to FY25 indicates business momentum.
2. Positioned in India’s expanding travel and MICE industry with rising corporate and leisure demand.
3. Diverse service portfolio, experienced management, and established brand enhance competitive edge.
4. IPO proceeds aimed at business expansion, working capital, and long-term corporate growth.
 

1. India’s MICE sector reached USD 49.4 billion in 2024, projected to more than double by 2030. 
2. Government-led campaigns like “Meet in India” and tourism schemes elevate India’s MICE stature.
3. India’s broader travel sector poised for ₹22 lakh-crore economic impact and massive job creation.
4. Rapid infrastructure expansion—venues, airports, connectivity—fuels tourism and business travel growth.
 

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FAQs

LGT Business Connextions IPO opens from August 19, 2025 to August 21, 2025.

The size of LGT Business Connextions IPO is ₹26.68 Cr.

The price band of LGT Business Connextions IPO is fixed at ₹107 per share.

To apply for LGT Business Connextions IPO, follow the steps given below:
 
●    Login to your 5paisa account and select the issue in the current IPO section    
●    Enter the number of lots and the price at which you wish to apply for the LGT Business Connextions  IPO.    
●    Enter your UPI ID and click on submit. With this, your bid will be placed with the exchange.    

You will receive a mandate notification to block funds in your UPI app.
 

The minimum lot size of LGT Business Connextions IPO is of 2 lots consisting of 2,400 shares and the investment required is ₹2,56,800.

The share allotment date of LGT Business Connextions IPO is August 22, 2025

The LGT Business Connextions IPO will likely be listed on August 26, 2025.
 

Mark Corporate Advisors Pvt.Ltd.  is the book running lead manager for LGT Business Connextions IPO.
 

LGT Business Connextions plans to utilise the raised capital from the IPO for:

  • The funds will be utilised for capital expenditure.
  • A portion will be allocated to meet working capital requirements.
  • The remaining amount will be used for general corporate purposes.