LGT Business Connextions Ltd IPO

LGT Business Connextions Ltd IPO

We operate as a service aggregator in the travel and tourism industry. We connect and aggregate supply from third party hotels, airlines, car rentals, cruise companies and other travel service suppliers directly or through third-party aggregator wherever required and offer a wide range of services to our customers as per their desired requirements. We offer comprehensive range of travel services and tourism packages to our customers including MICE travel as well as cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, and other tour and travels related services viz., customizing travel plans, travel arrangements for trade fairs etc.

LGT Business Connextions Ltd IPO Details

Total Shares Offered

₹ 26,25,600

Offer to Public

2,62,800

Retail Max (Shares)

₹ 12,46,800

Pre Issue Promoters Holding

₹ 70,06,495

Exchange

BSE

Issue size

TBA

IPO Open Date

Aug 19, 2025

Close Date

Aug 21, 2025

Lot Size

2400

Min Investment

₹ 2,56,800

Issue Type

Fixed Price - SME

Listing Date

Aug 26, 2025

LGT Business Connextions Ltd IPO Dates

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Aug 19, 2025
Opening date
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Aug 21, 2025
Closing date
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Aug 21, 2025
Basis of Allotment
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Aug 22, 2025
Initiation of Refunds
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Aug 25, 2025
Credit of Shares
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Aug 26, 2025
Listing date

Details

SectorType
SectorTravel Agencies
Sub SectorNA
Issue TypeFixed Price - SME

Subscription Status

*Values are in Lakhs

Investor Type

QIB

NII

Retail

Employee

Total

LGT Business Connextions Ltd Financial Status

Income Statement

Particulars (In Rs. Crores)

Balance Sheet

Particulars (In Rs. Crores)
Particulars (in Rs. Crores)FY23FY22FY21
Revenue from operations7.395.184.19
EBITDA7.795.434.35
PAT5.223.632.97
Total Assets23.5013.007.70
Share Capital7.010.010.01
Total Borrowings11.786.023.91
Operating Activities (Net Cash)5.623.883.13
Investing Activities (Net Cash)-0.430.030.03
Financing Activities (Net Cash)11.786.023.91
Net Cashflow8.673.802.17

About LGT Business Connextions Ltd

Our Company was originally incorporated as a private limited company under the Companies Act, 2013 with Registrar of Companies, Central Registration Centre in the name and style of LGT Business Connextions Private Limited through a certificate of incorporation dated August 31, 2016, bearing Corporate Identification Number U74999TN2016PTC112289. Subsequently, our Company was converted into public limited company pursuant to a shareholders' resolution passed at Annual General Meeting held on September 27, 2024, and name of our Company was changed from LGT Business Connextions Private Limited to LGT Business Connextions Limited and a fresh Certificate of Incorporation dated November 28, 2024, was issued by Registrar of Companies, Central Registration Centre. As on date of this Draft Prospectus, the Corporate Identification Number of our Company is U74999TN2016PLC112289.

India has been ranked 39th among 119 countries in the latest TTDI 2024 Report published by the World Economic Forum. India's score has improved in three areas: Prioritisation of Travel & Tourism. Safety & Security. Health & Hygiene. The Government of India promotes tourism as a vehicle for social inclusion, employment and economic progress. Committed efforts are being made to transform India into a desirable tourist destination, and the tourism sector is becoming a key driver to making India a developed country by 2047. In 2023, India recorded 9.24 million foreign tourist arrivals (FTAs), a growth of 43.5% compared to 6.44 million in 2022. FTAs contributed Foreign Exchange Earnings (FEEs) of Rs. 2.3 lakh crores (Provisional estimates), a growth of around 65% in the same period compared to Rs. 1.39 lakh crores in 2022.

We operate as a service aggregator in the travel and tourism industry. We connect and aggregate supply from third party hotels, airlines, car rentals, cruise companies and other travel service suppliers directly or through third-party aggregator wherever required and offer a wide range of services to our customers as per their desired requirements. We offer comprehensive range of travel services and tourism packages to our customers including MICE travel as well as cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, and other tour and travels related services viz., customizing travel plans, travel arrangements for trade fairs etc.

Peer Comparison:

  • International Travel House Ltd

LGT Business Connextions Ltd Key Points

Strengths

Management expertise.

Leveraging the experience of our Promoters.

Cordial relations with our customers.

Cordial relations with our Employees and Professionals.

Risk

The company is significantly dependent on the sale of some of the services namely MICE Packages and Hotel Bookings. Its aggregate revenue from these services accounted for 99.90% and 99.93% for the period ended September 30, 2024 and for the financial year ended March 31, 2024 respectively. An inability to provide these services may adversely affect the company brand loyalty and consequently its business, results of operations, financial condition and cash flows.

The sale of the services is majorly concentrated in the southern states of India. Any adverse developments affecting its operations in such region, could have an adverse impact on the company business, financial condition, results of operations and cash flows.

The company derives a significant portion of its revenue from operations from the top 10 customers. Loss of one or more of these customers or a reduction in the amount of business the company obtain from them could have an adverse effect on its business, results of operations, financial condition and cash flows. Further, the company has entered service agreement for providing accommodation service only. Other than accommodation service the company has not entered into any agreements with any of the customers.

Strategy

Cost effectiveness.

Expand our domestic presence in existing and new markets.

Maintain our focus to strengthen customer relationship.

Creating a Brand Image of our Products.

Building-up as a Professional Organisation.

How To Apply for LGT Business Connextions Ltd IPO Online?

Step 1:

Log in to the BlinkX stock market app and click ‘IPO’ in the Xplore section.

Step 2:

From the list of open IPOs, select the IPO you want to invest.

Step 3:

Go through the IPO details like lot size, price band, about the company, etc.

Step 4:

Click ‘Apply IPO’ to apply and enter the number of lots and bidding price along with your UPI ID.

Step 5:

Confirm your bid and accept the payment mandate sent to your UPI App for completing the IPO application.

FAQs on IPO (Initial Public Offering)

What is the issue size of the LGT Business Connextions Ltd IPO?

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LGT Business Connextions Ltd's IPO offers shares for up to 25.28 It begins on Aug 19, 2025 and ends on Aug 21, 2025.

What is the price of the LGT Business Connextions Ltd IPO?

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The price of LGT Business Connextions Ltd IPO ranges between ₹107 to ₹107 per share.

What are the open and close dates for the LGT Business Connextions Ltd IPO?

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The LGT Business Connextions Ltd IPO opens on Aug 19, 2025 and closes on Aug 21, 2025.

When will the LGT Business Connextions Ltd IPO be allotted?

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The allotment for the LGT Business Connextions Ltd IPO will be finalised on Aug 21, 2025. The shares will be listed on BSE and NSE on Aug 26, 2025.

What is the minimum lot size required for LGT Business Connextions Ltd IPO?

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The minimum lot size for LGT Business Connextions Ltd IPO is 2400 shares, priced between ₹107 to ₹107 per share.

What is the GMP of LGT Business Connextions Ltd IPO?

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The GMP (Grey Market Premium) of LGT Business Connextions Ltd IPO fluctuates based on market demand and sentiment.

How do you check the allotment status of LGT Business Connextions Ltd IPO?

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To check the allotment status of LGT Business Connextions Ltd IPO, visit the registrar's website, select the IPO, enter your PAN Card number, Application Number, or DP Client ID, and click 'search.'

Where is the LGT Business Connextions Ltd IPO getting listed?

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The LGT Business Connextions Ltd IPO is getting listed on the BSE and NSE. Bidding opens on Aug 19, 2025, and closes on Aug 21, 2025. The allotment is finalised on Aug 21, 2025.

How do you apply for the LGT Business Connextions Ltd IPO?

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To apply for the LGT Business Connextions Ltd IPO, download the BlinkX app, complete KYC, select the IPO, enter bid details, and submit. Verify UPI payment for shares allotment.

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