LGT Business Connextions IPO 2025: Date, Price, Review, GMP & Allotment Status in India
LGT Business Connextions Ltd. is launching its IPO to raise funds via a Fixed Price Issue. The IPO consists of a fresh issue of ₹25.28 crores and an offer for sale of up to 2,62,800 equity shares with a face value of ₹10 each, aiming to raise a total of ₹28.09 crores. Shares are proposed to be listed on BSE SME. The company operates as a service aggregator in the travel and tourism industry, providing a wide range of products and services from hotels, airlines, car rentals, cruises, and more, catering to both corporate and individual clients.
Key IPO Details
| Particulars | Details |
|---|---|
| IPO Open Date | August 19, 2025 |
| IPO Close Date | August 21, 2025 |
| Listing Date | August 26, 2025 |
| Face Value | ₹10 Per Equity Share |
| IPO Price Band | ₹107 Per Share |
| Issue Size | Approx ₹28.09 Crores |
| Fresh Issue | Approx ₹25.28 Crores |
| Offer for Sale | Approx 2,62,800 Equity Shares |
| Lot Size | 1,200 Shares |
| Issue Type | Fixed Price Issue |
| IPO Listing | BSE SME |
| Retail Quota | Not more than 50% |
| NII Quota | Not more than 50% |
| DRHP Draft Prospectus | Click Here |
| RHP Draft Prospectus | Click Here |
| Anchor Investors List | Click Here |
Market Lot Information
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 2,400 | ₹2,56,800 |
| Retail Maximum | 2 | 2,400 | ₹2,56,800 |
| S-HNI Minimum | 3 | 3,600 | ₹3,85,200 |
Important IPO Dates
| Event | Date |
|---|---|
| IPO Open Date | August 19, 2025 |
| IPO Close Date | August 21, 2025 |
| Basis of Allotment | August 22, 2025 |
| Refunds | August 25, 2025 |
| Credit to Demat Account | August 25, 2025 |
| IPO Listing Date | August 26, 2025 |
Promoters
- Wilfred Selvaraj
- Padma Wilfred
About the Company
Founded in 2016, LGT Business Connextions Limited is a service aggregator in the travel and tourism industry, offering products from hotels, airlines, car rentals, cruise companies, and other travel services. The company provides comprehensive travel solutions such as MICE travel, cruises, hotel bookings, transit arrangements, sightseeing, customized plans, and trade fair travel. It also offers standalone hotel bookings, ticketing, and visa services, serving both corporate and individual clients for domestic and international travel.
Financial Performance
| Period Ended | Revenue (₹ Cr) | Expense (₹ Cr) | Profit After Tax (₹ Cr) | Assets (₹ Cr) |
|---|---|---|---|---|
| 2023 | 61.18 | 57.15 | 2.97 | 8.69 |
| 2024 | 89.53 | 84.61 | 3.63 | 14.93 |
| 2025 | 100.81 | 93.82 | 5.22 | 27.18 |
Key Financial Ratios (FY2025)
| KPI | Value |
|---|---|
| ROE | 41.89% |
| ROCE | 45.19% |
| EBITDA Margin | 7.62% |
| PAT Margin | 5.19% |
| Debt to Equity Ratio | 0.77 |
| EPS (Basic) | ₹7.44 |
| P/E Ratio | 14.38 |
| RoNW | 41.89% |
| Net Asset Value (NAV) | ₹17.76 |
Peer Group Comparison
| Company | EPS | PE Ratio | RoNW % | NAV | Income |
|---|---|---|---|---|---|
| International Travel House Limited | – | 14.15 | 16.42% | 206.85 | 27.15 Cr. |
Purpose of the IPO
- Capital Expenditure
- Working Capital Requirement
- General Corporate Purpose
IPO Review (Brokerages & Merchant Bankers)
- Canara Bank
- DRChoksey FinServ
- Emkay Global
- Hem Securities
- IDBI Capital
- Marwadi Shares
- Nirmal Bang
- SBICAP Securities
- Sharekhan
- SMC Global
- Sushil Finance
- Swastika Investmart
- Ventura Securities
- Geojit
- Reliance Securities
- Capital Market
- BP Wealth
- ICICIdirect
- Choice Broking
Registrar & Contact Details
Registrar:- Skyline Financial Services Pvt.Ltd.
- Phone: 02228511022
- Email: ipo@skylinerta.com
- Website: https://www.skylinerta.com/ipo.php
- Mark Corporate Advisors Pvt.Ltd.
New No. 38, Old No. 44,
First Floor, Brindavan Street Extn,
West Mambalam,
Chennai, Tamil Nadu, 600033
Phone: +91 9940067846
Email: info@lgtholidays.com
Website: http://www.lgtholidays.com/
Reviews
Brokerage and research house reviews for LGT Business Connextions IPO are awaited.
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