LGT Business Connextions
August 19, 2025 – August 21, 2025
| Price | ₹107 - ₹107 |
| Premium | ₹0 |
|---|---|
| Lot size | 1200 |
| Allotment | Aug 22, 2025 |
| Listing | Aug 26, 2025 |
LGT Business Connextions About
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| INDIVIDUAL | 2 | 2400 | 256800 | 519 |
| sHNI | 3 | 3600 | 385200 | 0 |
| bHNI | 8 | 9600 | 1027200 | 0 |
IPO Reservation
| Investor Category | Shares Offered | No. of Shares | available lots |
|---|---|---|---|
| Retail | 47.5% | 1246800 | 519 |
| Other | 47.5% | 1246800 | 346 |
| Market Maker | 5.03% | 132000 | |
| Total No. of Shares | 100.0% | 2625600 |
LGT Business Connextions IPO Details
| Total Issue Size | 26,25,600 shares (aggregating up to 28.09 Cr) |
| Fresh Issue | 23,62,800 shares (aggregating up to 25.28 Cr) |
| Offer for Sale | 2.62.800 shares (aggregating up to 2.81 Cr) |
| Issue Type | Fixed Price IPO |
| Listing At | BSE SME |
| Share Holding Pre Issue | 70,10,000 shares |
| Share Holding Post Issue | 93,72,800 shares |
| Reserved for Market Maker | 1,32,000 shares |
| Market Maker | Asnani Stock Broker Pvt.Ltd. |
Key Performance Indicator
| KPI | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| ROE | 41.89% | 50.20% | 82.55% |
| ROCE | 45.19% | 62.09% | 90.36% |
| D/E | 0.77 | 0.39 | 0.69 |
| RONW | 41.89% | 50.20% | 82.55% |
| EPS (basic) | 7.44 | 5.18 | 4.24 |
| P/E Pre IPO | 14.38 | ||
| P/E Post IPO | 19.23 |
Company Financials In Crores
| Period Ended | Mar-25 | Mar-24 | Mar-23 |
|---|---|---|---|
| Assets | 27.2 | 14.9 | 8.7 |
| Total Income | 100.8 | 89.5 | 61.2 |
| Profit After Tax | 5.2 | 3.6 | 3.0 |
| EBITDA | 7.7 | 5.3 | 4.0 |
| Net Worth | 12.5 | 7.2 | 3.6 |
| Reserves and Surplus | 5.4 | 7.2 | 3.6 |
| Total Borrowing | 9.6 | 2.8 | 2.5 |
LGT Business Connextions Limited
Incorporated: 2016
Industry: Travel and Tourism
Headcount (as of Dec 31, 2024): 79 employees
Company Overview
LGT Business Connextions Limited is a dynamic service aggregator in the travel and tourism sector, offering a broad spectrum of services tailored for both individual travelers and corporate clients. With a strong foothold in the travel industry since 2016, LGT specializes in integrating various travel-related services, ensuring seamless and value-driven experiences for its clients.
Operating under its dedicated travel and tours brand, the company provides access to a wide network of partners across hotels, airlines, car rentals, cruises, and more—either directly or via third-party aggregators.
Key Service Offerings
MICE Travel: Comprehensive management of Meetings, Incentives, Conferences, and Exhibitions, including logistics, accommodation, event execution, and post-event services.
Customized Tour Packages: Tailored travel experiences for individuals and corporate groups.
Accommodation: Booking through third-party providers and leased flats in Chennai and Thiruvananthapuram.
Cruise & Hotel Bookings
In-Transit & Local Sightseeing Arrangements
Trade Fair & Business Tour Management
Domestic & International Ticketing: Powered by IATA accreditation, offering competitive pricing and reliable service.
Visa Processing: Assistance with tourist, business, and conference visas, often as part of packaged offerings.
Business Model Highlights
Service Aggregation: Bridges customers with a wide range of travel services via direct partnerships or third-party platforms.
End-to-End MICE Solutions: From travel and accommodations to event management and post-event reporting.
Scalable Model: The company’s operations are built to scale across regions and service categories.
Commission-Based Revenue: Earns through commissions on bookings (flights, hotels) and packaged services.
Asset-Light Approach: Utilizes leased accommodations and third-party vendor partnerships to minimize fixed overheads
Strength
Stable Leadership – Strong organizational stability with experienced management.
Comprehensive Offerings – Wide range of specialty ingredients serving diverse industries.
Expert Workforce – Skilled staff ensuring consistent quality and innovation.
Weakness
Regulatory Risk – Auditors’ remark may lead to penalties or legal consequences.
Revenue Concentration – Heavy reliance on MICE packages and hotel bookings (~99.9% of revenue).
Geographic Concentration – Major sales in southern India, making operations vulnerable to regional disruptions.
LGT Business Connextions Lead Manager(s)
LGT Business Connextions Address
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/