LGT Business Connextions IPO: Price, GMP, Analysis, And Details

LGT Business Connextions IPO - Company Analysis 

LGT Business Connextions IPO under the SME IPO category is a fixed price issue of Rs. 28.09 Cr by LGT Business Connextions Ltd, which was incorporated in 2016 and operates as a service aggregator in the travel and tourist sector.

Its travel and tours brand provides a wide range of services for the travel and tourism sector. The company provides a variety of travel services, such as MICE travel, reservations for hotels and cruises, in-transit accommodations, local sightseeing, personalized trip planning, and trade show and tour arrangements.

For both corporate groups and individuals, the organization provides integrated trip packages, hotel accommodations, tickets, visa processing, and personalized travel arrangements, including MICE services for conferences, business meetings, and events.

 

Model of Business-

Mice: To guarantee client satisfaction, the company's MICE sector provides end-to-end solutions for corporate events, including conferences, meetings, incentives, exhibits, and auxiliary services like transport, lodging, logistics, and post-event reporting.

Accommodations: The business leases apartments in Chennai and Thiruvananthapuram and offers lodging services through independent hotel operators.  For the greatest deals, it links up with hotels both domestically and abroad or with booking aggregators.

Ticketing & Visa: With IATA accreditation, the business offers both domestic and international ticketing services in exchange for commissions. Additionally, it provides conference, business, and tourist visa services, mostly as a component of packaged travel packages.

LGT Business Connextions IPO Details

The LGT Business Connextions IPO date is on 19 August 2025, and its initial public offering will end on 21 Aug with IPO allotment on Aug 22, and refund initiation on Aug 25, 2025.

The Rs. 28.09 crore new SME IPO comprises a combination of fresh issue of 0.24 crore shares (Rs. 25.28 Cr) and an offer for sale (OFS) of 0.03 crore shares (Rs. 2.81 Cr).

The LGT Business Connextions IPO listing date (expected) might be on Tuesday, Aug 26, 2025, and listing at the BSE and SME. 

The LGT Business Connextions IPO price band is Rs. 107.

 

 

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Aug 19, 2025
IPO Closing Date	Aug 21, 2025
IPO Allotment Date	Aug 22, 2025
Refund Initiation	Aug 25, 2025
IPO Listing Date	Aug 26, 2025

 

Click to open demat account and apply for the IPO.

Company Financials

(Amount in Cr)

Period	31 Mar 2025	31 Mar 2024	31 Mar 2023
Total Assets	27.18	14.93	8.69
Total Revenue	100.81	89.53	61.18
PAT	5.22	3.63	2.97
EBITDA	7.65	5.27	4.04
Net Worth	12.45	7.23	3.60
Reserves & Surplus	5.44	7.22	3.59
Borrowings	9.58	2.82	2.50

 

Cash Flows

(Amount in lac)

Net Cash Flow in Multiple Activities	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	100.80	286.78	97.39
Net Cash Flow Investing Activities	(185.39)	(103.33)	(27.17)
Net Cash Flow Financing Activities	571.54	(20.80)	34.75

 

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Working capital needs. ~ Rs. 7.70 Cr.

• Capital expenditure. ~ Rs. 10.44 Cr.

• General Corporate Purposes. ~ Rs. 3.79 Cr.
  
  

Listed Peers of LGT Business Connextions Ltd.

Company Name	Face Value (Rs. per Share)	EPS (Rs.)	P/E (x)
International Travel House Ltd.	10	33.96	14.15

 

Valuation

 

LGT Business Connextions IPO Allotment Status

To check the LGT Business Connextions IPO Allotment Status, visit the official Registrar’s website or the BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

 

Promoters And Management of LGT Business Connextions Ltd.

• Wilfred Selvaraj

• Padma Wilfred.

Pre-Issue Promoter Shareholding	99.95%
Post-Issue Promoter Shareholding	71.95%

 

IPO Lead Managers

• Mark Corporate Advisors Pvt. Ltd.

 

 

Dividend Policy

The company has no formal dividend policy.

 

Conclusion

An opportunity to participate in a developing travel and tourist service aggregator with robust financial development and a scalable business plan is presented by the LGT Business Connextions IPO. It appears appealing because of its reasonable valuation and strong margins, even in the face of competition and working capital problems. The IPO appears to be well priced, with a respectable P/E ratio in comparison to peers in the industry. 

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.