LGT Business Connextions BSE SME

LGT Business Connextions SME IPO

Listed

BSE SMEOpens 19 August 2025Closes 21 August 2025

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…

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Live GMPSubscriptionAllotment
Price band
₹107.00
Issue size
₹26.68 Cr
Lot size
1,200 shares
Type
BSE SME
GMP
₹0 (0.0%)
Est. listing
₹107
Est. profit / app
—
Retail quota
—

Key ratios

As per RHP / filings
Face value
₹10
EPS
5.56
P/E ratio
19.23
RoNW
41.89%
ROE
41.89%
Debt / Equity
0.77
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Timeline

  1. IPO Opens

    19 Aug 2025

  2. IPO Closes

    21 Aug 2025

  3. Allotment

    22 Aug 2025

  4. Listing

    26 Aug 2025

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.
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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
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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

Frequently Asked Questions

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LGT Business Connextions SME IPO News & Updates

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LGT Business Connextions SME IPO IPO Pages

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LGT Business Connextions SME IPO Details

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LGT Business Connextions SME IPO GMP

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LGT Business Connextions SME IPO Allotment

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LGT Business Connextions SME IPO Registrar

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LGT Business Connextions SME IPO Timeline

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LGT Business Connextions SME IPO News

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Sources

We match LGT Business Connextions SME IPO IPO numbers with official sources. For final dates and allotment results, double-check the registrar or exchange.

  • SEBIRules for IPO allotment and disclosures in India
  • NSEExchange notices, bidding data, and listing updates
  • BSEExchange notices and IPO allotment check tools
  • RHP / Offer DocumentCheck the company RHP on NSE/BSE or the IPO detail page
  • Skyline Financial Services Pvt.Ltd.Official site to check allotment status for this IPO

Also read our Editorial Policy, How GMP is calculated, How allotment chances work, and IPO fund allocation.

Reviewed by

Dinesh Agrawal · Lead IPO Analyst

15+ years in Indian markets and IPO research. He reviews IPO dates and key details before they go live.

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