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LGT Business Connextions IPO
1.30xsubscribed

LGT Business Connextions IPO

Travel Services
listed
₹2.57LMin. investment

LGT Business Connextions Limited IPO Details

SectorTravel Services
Price range₹107 – ₹107
IPO type
SME
Lot size1200 shares
Issue size₹28Cr
Red Herring Prospectus
Read
Market cap
₹100.29CrLower than sector avg
RevenueApr 2024 - Mar 2025
₹100.43CrLower than sector avg
Growth rate3Y CAGR
18.00%

LGT Business Connextions IPO Subscription Status

Date
QIB
NII
Retail
Total
19-Aug-25
0.11 times (X)
0.0 times (X)
0.18 times (X)
0.21 times (X)
20-Aug-25
0.11X
0.0X
0.33X
0.39X
21-Aug-25
0.11X
0.0X
1.75X
1.3X

As on 19-Aug-25, 5:30 PM

LGT Business Connextions IPO Timeline

  1. Pre-apply
    18 Aug 2025
  2. Bid start
    19 Aug 2025
  3. Bid end
    21 Aug 2025
  4. Allotment
    22 Aug 2025
  5. Release of funds
    25 Aug 2025
  6. Demat transfer
    25 Aug 2025
  7. Listing
    26 Aug 2025

About LGT Business Connextions Limited

LGT Business Connextions, incorporated in 2016 and headquartered in Chennai, is a travel and tourism aggregator specialising in domestic and international travel solutions. The company partners with third-party travel service providers to deliver end-to-end solutions, including MICE events, ticketing, visa services and more. The company operates mainly in the B2C segment, generating 85.62% of its FY25 revenue from corporate clients. 96.12% of the company’s revenue came from direct sales, and 3.88% was earned as commissions from third-party services. Its revenue was heavily concentrated in Telangana (29.71%) and Tamil Nadu (23.48%), and 7.31% revenue was generated from international markets led by the British Islands (2.67%).

Checklist

Quality analysis
Revenue growth
Company valuation
Earnings expansion
Risk analysis
Debt to Equity ratio
Promoter holdings
Shares pledged
The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Objectives of Lgt Business Connextions Limited IPO

Capital expenditure
41.29%
The company will use ₹10.44 crore to fund its business capital expenditure
Working capital
30.46%
The company will utilise ₹7.7 crore towards the working capital requirements
General corporate purposes
28.40%
Part of the IPO proceeds will be used for general corporate purposes.

Compare

CompanyRevenue*3Y growthPATMarket capP/E ratioD/E ratio
This IPO₹100.43Cr18.00%₹5.22Cr₹100.29Cr14.380.77
This sector (avg.)₹706.2Cr----₹218.22Cr₹5,446.1Cr39.130.26
₹4,674.77Cr---₹1,314.9Cr₹49,844Cr36.340.02
₹1,737.47Cr---₹229.89Cr₹14,832.1Cr62.600.18
₹914.25Cr---₹60.25Cr₹9,068.08Cr147.310.06

*Revenue for financial year 2024-25. Lower P/E and D/E ratios are generally preferred.

LGT Business Connextions IPO Contact Details

Company NameLGT Business Connextions Limited

How to apply for LGT Business Connextions IPO?

  1. Step 1

    Log in to your Upstox account to access IPO investments. Next, select the current IPO section.

  2. Step 2

    Specify IPO details. Enter the number of lots and the price you wish to apply for.

  3. Step 3

    Enter UPI ID. After entering your UPI ID, click submit. This will place your bid with the exchange.

  4. Step 4

    Mandate Notification. Your UPI app will receive a mandate notification to block funds.

  5. Step 5

    Approve Request. Your funds will be blocked once you approve the mandate request on your UPI.

Lgt Business Connextions Limited IPO FAQs