LGT Business Connextions BSE SME

LGT Business Connextions SME: Check IPO Date, Live Subscription and Key Details

LGT Business Connextions Limited, incorporated in 2016, operates as a service aggregator in the travel and tourism industry. The company connects and aggregates supply from various third-party providers, including hotels, airlines, car rental services, cruise companies, and other travel service providers. It offers a comprehensive range of travel services and tourism packages to its customers, including MICE (Meetings, Incentives, Conferences, and Exhibitions) travel, cruise bookings, hotel and flight bookings, in-transit arrangements, local sightseeing, and other travel-related services.

Price Range
₹107.00
Issue Size
26.68
Lot Size
1,200 shares
IPO Type
BSE SME
GMP
-
Est. Listing Price
₹107

Key Metrics

Check Live GMP

Face Value
₹10
EPS
5.56
P/E Ratio
19.23
RoNW
41.89%
ROE
41.89%
Debt to Equity
0.77

Timeline

IPO Opens

19 Aug

IPO Closes

21 Aug

Allotment

22 Aug

Listing

26 Aug

IPO Timeline & Listing Details

EventDate
IPO Open Date19 August 2025
IPO Close Date21 August 2025
Allotment Date22 August 2025
Listing Date26 August 2025

Investment Categories

CategoryLotsAmount
Individual
2₹2,56,800
SHNI (Min)
3₹3,85,200
SHNI (Max)
7₹8,98,800
BHNIAbove ₹10,00,000
8₹10,27,200

IPO Objectives

  • Capital Expenditure.
  • Working Capital Requirement.
  • General Corporate Purpose.

Strengths

  • The company has a proven track record and an experienced management team, which brings stability and expertise to the travel and tourism industry.
  • It offers a diverse range of services, including MICE travel, hotel and flight bookings, and customized tours, catering to a wide variety of customer needs.
  • The business operates on a scalable model as a service aggregator, allowing it to expand efficiently without the need for large capital investments in physical assets.
  • The company has strong relationships with corporate clients, who account for a significant portion of its revenue, providing a stable and reliable customer base.
  • It has shown consistent financial growth, with revenue up by 13% and profit after tax (PAT) up by 44% between FY24 and FY25, along with high return ratios that reflect strong profitability.

Weaknesses

  • The business has high revenue and customer concentration, with over 85% of its income from corporate clients, making it very vulnerable to changes in corporate travel spending.
  • It operates in a highly competitive market, facing intense competition from established online travel agencies and other travel management companies.
  • The company relies on third-party providers like airlines and hotels, which exposes it to risks related to service quality, pricing, and availability.
  • The business is very vulnerable to external factors like global pandemics, geopolitical tensions, and economic downturns, all of which can severely impact the travel industry.
  • The company is working capital intensive, with a significant portion of the IPO money being used to fund its daily operations, indicating an ongoing need for capital.

Financial Performance

Period Ended31 Mar 202531 Mar 202431 Mar 2023
Assets (₹ Cr.)27.1814.938.69
Revenue (₹ Cr.)100.8189.5361.18
PAT (₹ Cr.)5.223.632.97
Net Worth (₹ Cr.)12.457.233.6

Peer Comparison

CompanyP/B RatioP/E RatioRONW (%)Net Worth (₹ Cr.)
LGT Business Connextions6.0219.2341.89%12.45
International Travel House Ltd.2.414.5216.42%165

Subscription Details

Daily Bids Status

CategoryDay 1Day 2Day 3
NII0.23x0.35x0.75x
RII0.18x0.33x1.75x
Total0.21x0.34x1.25x

Overall Subscription Statistics

CategoryShares OfferedShares BidBid Amount (₹ Cr)
NII12,46,8009,37,20010.03
RII12,46,80021,86,40023.39
Total24,93,60031,23,60033.42

Company Details

  • LGT Business Connextions Ltd.
  • New No. 38, Old No. 44, First Floor, Brindavan Street Extn, West Mambalam, Chennai, Tamil Nadu-600033
  • +91 9940067846
  • info@lgtholidays.com
  • http://www.lgtholidays.com/

Registrar Details