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LGT Business Connextions IPO

LGT Business Connextions IPO

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Registrar: SKYLINE FINANCIAL SERVICES PRIVATE LIMITED · Listing 2025-08-26
IPO Timeline
Today · 21 Oct 2026
Opens
19 Aug 2025
Closes
21 Aug 2025
Allotment
22 Aug 2025
Refund
25 Aug 2025
Demat
25 Aug 2025
Listing
26 Aug 2025
Price Band
₹107–107
GMP
₹0
0%
Lot Size
1200 Shares
Min ₹128,400
Subscription
0x
Issue Size
₹28 Cr
Open
2025-08-19
Close
2025-08-21
Listing
2025-08-26

About the company

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%).

Strengths

    Risks

      Financial performance (₹ Cr)

      Subscription breakup (final, times)

      Retail0x
      QIB0x
      NII0x
      EMP0x
      OTHER0x
      Total0x

      IPO Roadmap / Timeline

      Current Status · as of 21 Oct 2026
      Listed
      Listed on 26 Aug 2025
      Listed 421 days ago
      1. IPO Opens

        Completed
        19 Aug 2025

        Bidding starts for all investor categories

      2. IPO Closes

        Completed
        21 Aug 2025

        Last day to place your bid

      3. Basis of Allotment

        Completed
        22 Aug 2025

        Share allotment finalised

      4. Refund Initiation

        Completed
        25 Aug 2025

        Refunds credited for non-allottees

      5. Credit to Demat

        Completed
        25 Aug 2025

        Allotted shares credited to demat account

      6. Listing on Exchange

        Completed
        26 Aug 2025

        Shares list on NSE / BSE

      Post-close dates are indicative as per SEBI T+3 listing framework and may change per registrar updates.

      Lot size & minimum investment

      Lot Size
      1200 shares
      Price / Share (upper)
      ₹107
      Min Investment (1 lot)
      ₹128,400
      Price Band
      ₹107–107
      Retail / Individual
      1 lot only
      Min lots
      1
      Min shares
      1200
      Min amount
      ₹128,400
      Max amount
      ₹128,400
      HNI
      Min 2 lots
      Min lots
      2
      Min shares
      2400
      Min amount
      ₹256,800
      Max amount
      ₹256,800

      Shares reserved per category & allotment probability

      QIB
      100% allotment
      Reservation
      50%
      Amount
      ₹14 Cr
      Shares offered
      1,308,411
      Shares bid
      0
      Subscribed
      0.00x
      NII
      100% allotment
      Reservation
      15%
      Amount
      ₹4.2 Cr
      Shares offered
      392,523
      Shares bid
      0
      Subscribed
      0.00x
      Retail
      100% allotment
      Reservation
      35%
      Amount
      ₹9.8 Cr
      Shares offered
      915,888
      Shares bid
      0
      Subscribed
      0.00x

      Retail is a lottery-based allotment when oversubscribed; QIB/NII get pro-rata. Probability ≈ 1 / subscription times (100% if under-subscribed).