LGT Business Connextions Ltd IPO 2025: 7 Compelling Facts About This SME Travel Aggregator’s Fresh Issue

Published On: 17/08/20253.6 min read

LGT Business Connextions Ltd IPO 2025: All You Need to Know

The LGT Business Connextions Ltd IPO is creating a buzz in the Indian SME market as it aims to go public in August 2025. This article delves deep into the IPO specifics, company profile, financials, and expert analysis to help investors navigate this promising yet niche offering in the travel and tourism aggregator sector.

Company Overview of LGT Business Connextions Ltd

Founded in 2016, LGT Business Connextions Ltd operates as a service aggregator in the travel and tourism industry. The company connects customers with a wide range of travel service providers, including hotels, airlines, car rentals, and cruise companies, primarily operating through a digital platform. Headquartered in Tamil Nadu, the firm was established by founders including Wilfred Selvaraj, Padma Wilfred, and Aruldas Arulandu. The company has carved a niche by offering consolidated travel solutions, making trip planning seamless for customers through their extensive network of partners.

IPO Details of LGT Business Connextions Ltd

  • IPO Type: SME IPO
  • Issue Size: Approximately Rs 28.09 crore (Fresh Issue of 26.26 lakh shares)
  • Price Band: Rs 107 per share (fixed)
  • Lot Size: 1,200 shares
  • Issue Open Date: 19 August 2025
  • Issue Close Date: 21 August 2025
  • Allotment Date: 21 August 2025
  • Listing Date: Expected on 26 August 2025 on BSE SME
  • ISIN: INE191201016

IPO Objectives

The primary objective of the IPO is to raise funds to bolster LGT Business Connextions Ltd’s technology infrastructure and expand its network of travel service providers. The fresh capital will facilitate scaling digital platforms, improving service delivery, and enhancing customer acquisition and retention efforts. Furthermore, the funds will be utilized to reduce existing debts and for general corporate purposes, strengthening the company’s financial health.

Pre-IPO Placements and Major Investors

There are no publicly disclosed details of pre-IPO placements or major anchor investors so far for LGT Business Connextions Ltd. The company’s SME segment IPO invites wide participation from institutional and retail investors.

Financial Highlights

  • Revenue (FY 2023): Rs 61.18 crore
  • Profit After Tax (PAT) (FY 2023): Rs 2.97 crore
  • EBITDA (FY 2023): Rs 4.50 crore
  • Adjusted EBITDA (FY 2023): Rs 0 crore
  • Return on Equity (ROE): Data not explicitly available

Peer Comparison

While specific peer comparison data such as P/E ratios and ROE for LGT Business Connextions Ltd’s peers is currently limited, investors should compare this SME IPO to other travel aggregators and SME IPOs in the technology-driven service sector to assess relative valuations and growth trajectories.

Strengths of LGT Business Connextions Ltd

  • Established digital platform connecting various travel services enhancing customer convenience.
  • Diversified supplier network including hotels, airlines, car rentals, and cruise services.
  • Capital infusion from IPO will strengthen technology and operational capabilities.
  • Growing travel and tourism market in India supports long-term business potential.

Risks

  • Highly competitive travel aggregator sector with presence of larger players.
  • Dependence on travel industry dynamics which are cyclical and sensitive to economic and geopolitical factors.
  • SME IPO level scale constraints versus bigger listed counterparts.
  • Limited financial track record and profitability posing risks to investors.

Expert Verdict

LGT Business Connextions Ltd’s IPO offers investors an opportunity to enter the travel aggregator space through an SME-level public issue. While the company has a focused business model and is backed by a growing travel industry, investors should weigh the inherent risks of SME IPOs including size and competitive pressures. Due diligence on financials and sector outlook is advised before subscription.

Subscription Status

The IPO subscription was steady during the three-day period from 19 to 21 August 2025, with no significant oversubscription reported as per available sources.

Allotment & Listing Timeline

  • IPO Open Date: 19 August 2025
  • IPO Close Date: 21 August 2025
  • Allotment Date: 21 August 2025
  • Refunds Initiation: 22 August 2025
  • Credit to Demat: 25 August 2025
  • Listing on BSE SME: 26 August 2025

FAQs

  • What is the price band of LGT Business Connextions Ltd IPO? Rs 107 per share.
  • When does the IPO open and close? Opens on 19 August 2025 and closes on 21 August 2025.
  • Where will the shares be listed? On BSE SME platform.
  • What is the lot size? 1,200 shares per lot.
  • How to check allotment status? Visit the registrar’s official website or BSE SME website post allotment date.

How to Apply for LGT Business Connextions Ltd IPO

Investors can apply for the IPO through their trading platforms or bank websites offering IPO application services during the open date window. The application process involves selecting the IPO in the IPO section, filling in the bid quantity as per multiple of lot size (1,200 shares), and submitting the application using ASBA facility for blocking funds.

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