LGT Business IPO Description – Founded in 2016, LGT Business Connextions is a travel and tourism service aggregator. The company connects with third-party hotels, airlines, car rentals, cruise operators, and aggregators to offer comprehensive travel services, including MICE (Meetings, Incentives, Conferences, and Exhibitions), leisure tours, hotel bookings, visa processing, and customized travel plans for both corporate and individual clients.
LGT primarily operates on a B2C model, with the majority of its revenue derived from corporate clients. Clients initiate bookings via the company’s website, after which the sales team provides tailored assistance. The pricing model is transparent, with revenue generated either through commissions from travel partners or direct charges to customers.
As of 31 March 2025, the company employs 81 personnel across various levels to support its growing operations.
Promoters of LGT Business Connextions – Wilfred Selvaraj and Padma Wilfred
Table of Contents
LGT Business Connextions IPO Details
| LGT Business IPO Dates | 19 – 21 August 2025 |
| LGT Holidays IPO Price | INR 107 per share |
| Fresh Issue | 23,62,800 shares (INR 25.28 crore) |
| Offer For Sale | 2,62,800 shares (INR 2.81 crore) |
| Total IPO Size | 26,25,600 shares (INR 28.09 crore) |
| Minimum Bid | 2,400 shares (INR 2,56,800) |
| Lot Size | 1,200 shares (INR 1,28,400) |
| Face Value | INR 10 per share |
| Individual Allocation | 50% |
| Listing On | BSE SME |
LGT Business Financial Performance
| FY 2023 | FY 2024 | FY 2025 | |
| Revenue | 60.99 | 89.36 | 100.43 |
| Expenses | 57.15 | 84.61 | 93.82 |
| Net income | 2.97 | 3.63 | 5.22 |
LGT Business Offer News
- LGT Business RHP
- LGT Business Draft Prospectus
- ASBA IPO Forms
- Live IPO Subscription Status
- Highest SME IPO Subscription in 2025
LGT Business Valuations & Margins
| FY 2023 | FY 2024 | FY 2025 | |
| EPS | 4.24 | 5.18 | 7.44 |
| PE ratio | – | – | 14.38 |
| RONW (%) | 82.55 | 50.20 | 41.89 |
| NAV | 5.14 | 10.32 | 17.76 |
| ROCE (%) | 94.43 | 62.09 | 45.19 |
| EBITDA (%) | 6.91 | 5.89 | 7.62 |
| Debt/Equity | 0.69 | 0.39 | 0.77 |
LGT Business IPO GMP Today
| Date | Consolidated IPO GMP | Kostak | Subject to Sauda |
| Coming soon | – | – | – |
LGT Business IPO Subscription – Live Updates
| Category | Non-Individual | Individual | Total |
|---|---|---|---|
| Shares Offered | 12,46,800 | 12,46,800 | 24,93,600 |
| 21 Aug 2025 | 0.86 | 1.75 | 1.31 |
| 20 Aug 2025 | 0.45 | 0.33 | 0.39 |
| 19 Aug 2025 | 0.23 | 0.18 | 0.21 |
The market maker reservation portion of 1,32,000 shares is not included in the above calculations.
LGT Business IPO Allotment Status
LGT Business IPO allotment status is now available on Skyline Financial Services’ website. Click on this link to get the allotment status.
LGT Business IPO Dates & Listing Performance
| IPO Opening Date | 19 August 2025 |
| IPO Closing Date | 21 August 2025 |
| Finalization of Basis of Allotment | 22 August 2025 |
| Initiation of refunds | 25 August 2025 |
| Transfer of shares to demat accounts | 25 August 2025 |
| IPO Listing Date | 26 August 2025 |
| Opening Price on BSE SME | INR 85.60 per share (down 20%) |
| Closing Price on BSE SME | INR 81.35 per share (down 23.97%) |
LGT Business Offer Lead Manager
MARK CORPORATE ADVISORS PRIVATE LIMITED
404/1, The Summit Business Bay, Sant Janabai Road (Service Lane),
Off W. E. Highway, Vile Parle (East), Mumbai-400 057, Maharashtra
Phone: +91 22 2612 3207/08
Email: [email protected]
Website: www.markcorporateadvisors.com
LGT Business Offer Registrar
SKYLINE FINANCIAL SERVICES PRIVATE LIMITED
D-153A, 1st Floor, Okhla Industrial Area Phase-I,
New Delhi – 110020, India
Phone: +91-11-40450193-197
Email: [email protected]
Website: www.skylinerta.com
LGT Business Contact Details
LGT BUSINESS CONNEXTIONS LIMITED
New No. 38, Old No. 44, First Floor, Brindavan Street Extension,
West Mambalam, Chennai, Tamil Nadu- 600 033
Phone: +91 9940067846
E-mail: [email protected]
Website: www.lgtholidays.com
IPO FAQs
What is the LGT Holidays IPO size?
LGT Business offer size is INR 28.09 crores.
What is the LGT Business offer price band?
LGT Business public offer price is INR 107 per share.
What is the lot size of the LGT Business Offer?
LGT Business offer lot size is 1,200 shares.
What is the LGT Business IPO GMP today?
LGT Business IPO GMP today is INR NA per share.
What is the LGT Business kostak rate today?
LGT Business kostak rate today is INR NA per application.
What is LGT Business IPO Subject to Sauda rate today?
LGT Business Subject to Sauda rate today is INR NA per application.