On the last day, the LGT Business Connextions IPO subscribed 1.25 times overall, while the retail quota subscribed 1.75 times, the QIB subscribed 0.00 times, and the NII quota subscribed 0.75 times, respectively.
LGT Business Connextions IPO Details
LGT Business Connextions got approval from SEBI for the IPO of ₹28.09 crores, which is an entirely fresh issue of ₹25.28 crores and an offer for sale up to 2,62,800 equity shares with a face value of ₹10 each share. It has a set price band of ₹107 Per Share.
LGT Business Connextions Funds Utilisations
- The proceeds raised from the fresh issue will be utilized for the working Capital Expenditure of the company.
- Some funds will be used for the company’s Working Capital Requirement
- Lastly, the remaining funds will be used for the company’s General Corporate Purpose
LGT Business Connextions Shares Distributions
Moreover, the retail category had 2,400 shares in a 2-lot size with a minimum application and a maximum.
S-HNI Minimum got 3,600 shares in 3 lot sizes.
To participate in this IPO, each investor group has a tailored investment range
Retail Minimum Application:- ₹2,56,800.
- Retail Minimum Application:- ₹2,56,800.
- Retail Maximum Application:-₹2,56,800.
- S-HNI Minimum:-₹3,85,200
LGT Business Connextions Subscription Duration
Started on August 19, 2025, and closed on August 21, 2025. The allotment was on August 22, 2025, and non-allottees got a refund on August 25, 2025. LGT Business Connextions’ IPO listing is on August 26, 2025.
About LGT Business Connextions IPO
Incorporated in 2016, LGT Business Connextions Limited is a prominent company that works as a service aggregator in the travel and tourism industry. The company’s offerings cover the entire spectrum of travel services, including MICE travel, cruises, hotel reservations, transfers, sightseeing tours, customized itineraries, and travel support for trade fairs. It serves both corporate groups and individual travelers for domestic as well as international trips. The travel packages are carefully designed to be comprehensive, ensuring that all key customer requirements are fulfilled.LGT Business provides a wide range of travel solutions by sourcing services from third-party hotels, airlines, car rentals, cruise companies, and other travel partners, either directly or through aggregators. This allows customers to choose from a variety of options tailored to their needs.
LGT Business Connextions IPO Financial Background
The company reported revenue of ₹100.81 crores in 2025 against ₹89.53 crores in 2024. The company reported a profit of ₹5.22 crores in 2025 against a profit of ₹3.63 crores in 2024.
