LGT Business Connextions Limited IPO
LGT Business Connextions Limited IPO
SME BSE SME Fixed Price
Closed

Price Band

₹107

Total Issue

₹28 Cr

Bid Dates

19 Aug - 21 Aug

Subscription

1.25x

Listing Price

₹85.6 (-20.00%)

Website RHP Check Allotment

Valuation

Market Cap

₹100.29 Cr

P/E Ratio

14.38x

P/B Ratio

6.02x

LGT Business IPO Dates

Open
Close
Allotment
Refunds
Credit
Listing

Business Overview

LGT Business Connextions (Founded in 2016) operates as a service aggregator in the travel and tourism industry. Promoted by Wilfred Selvaraj and Padma Wilfred, it connects customers with hotels, airlines, car rentals, cruise operators and other travel services, directly or through third-party aggregators. The Company offers a comprehensive portfolio including domestic and international tour packages, MICE travel, cruise bookings, ticketing, visa processing, and customized itineraries

LGT Business IPO Lot Size

Lot Information for LGT Business IPO
Category Lots Shares Amount
Ind (Min) 2 2,400 ₹2,56,800
Ind (Max) 2 2,400 ₹2,56,800
Others (Min) 3 3,600 ₹3,85,200
Allocate Funds
Market Maker
132000 EQ Shares
Employee
₹0.00
Shareholder
₹0.00

LGT Business IPO Size

Total ₹28 Cr
Fresh Issue
₹25 Cr (0.24 Cr Shares)
Offer For Sale
₹3 Cr (0.03 Cr Shares)

Objects of Issue

  1. To meet the Capital Expenditure
  2. To meet Working Capital Requirement
  3. To meet the General Corporate Purposes

LGT Business IPO Live Subscription

Updated as on 21 Aug 2025 | 05:00:00 PM

LGT Business IPO Subscription Status
Category Sub (x) Offered Bids
Individual 1.75x 12,46,800 21,86,400
Others 0.75x 12,46,800 9,37,200
Total 1.25x 24,93,600 31,23,600

LGT Business IPO Details Live GMP

GMP ₹0
Est. Price ₹107
Est. Gain 0.00%

LGT Business IPO Peer Comparison

(Rs. in crores)

LGT Business IPO Peer Comparison Table
Particulars LGT Business Limited International Travel House Limited
Revenue from Ops (in Crs.) 100.43 235.63
PAT (In Crs.) 5.22 27.15
EPS - Basic 7.44 33.96
NAV per share 17.76 206.85
RONW 41.89% 16.42%
EBITDA 7.62% 15.92%
Price to earning (PE) 14.38 14.15
  • All information pertains to FY 2024-25.
  • PE ratio is calculated using the Upper Price Band for the Issuer and the closing price as of July 25, 2025 for Peers

LGT Business IPO Financial Performance

(Rs. in crores)

Financial Performance Metrics for LGT Business IPO
Particulars Mar-25 Mar-24 Mar-23
Revenue from Operations 100.43 89.36 60.99
Profit after Tax 5.22 3.63 2.97
Net Worth 12.45 7.23 3.60
Total Borrowing 9.58 2.82 2.50
Total Assets 27.18 14.93 8.69
NAV per share (in ₹) 17.76 10.32 5.14
EPS - Basic (in ₹) 7.44 5.18 4.24

Key Performance Indicators (KPIs)

EBITDA

7.62%

RONW

41.89%

ROCE

45.19%

  • All the data pertains to FY 2024-25.
  • PE, PB, and market capitalization are calculated based on the Upper Price Band.

Promoter Holding

Promoter

99.95%

Public

0.05%

Wilfred Selvaraj 90.00%
Padma Wilfred 9.94%
Ashley Wilfred 0.01%

Management

Wilfred Selvaraj
Managing Director
Venkatesh Ambaragonda
Chief Financial Officer

Registrar & Lead Managers

Lead Managers (1)

Company Details

Name: LGT Business Connextions Limited

Address: New No. 38, Old No. 44, First Floor, Brindavan Street Extn, West Mambalam, Chennai, Tamil Nadu- 600 033

Number: +91 9940067846

Email: info@lgtholidays.com

Website: www.lgtholidays.com

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Frequently Asked Questions (FAQs)

What is LGT Business IPO?
LGT Business IPO is a SME IPO having an issue size of ₹28 Crs. LGT Business IPO is priced at ₹107 - ₹107 per share. The issue opens on 19 Aug 25 and closes on 21 Aug 25.
When will LGT Business IPO open?
LGT Business IPO opens on 19 Aug 25 and closes on 21 Aug 25.
What is the GMP of LGT Business IPO?
The estimated Grey Market Premium of LGT Business IPO is ₹0 per share (0.00%).
What is the lot size of LGT Business IPO?
The minimum lot size of LGT Business IPO is 1200 shares & the minimum application amount is Rs. 128400.
When is the allotment of LGT Business IPO?
The allotment date of LGT Business IPO is 21 Aug 25.
What is the listing date of LGT Business IPO?
The listing date of LGT Business IPO is 26 Aug 25.
What is the subscription of LGT Business IPO?
LGT Business IPO is subscribed -.
What is the price band of LGT Business IPO?
LGT Business IPO is priced at ₹107 - ₹107 per share.
How to check allotment status of LGT Business IPO?
Click the allotment link on LGT Business IPO page of IPO360.
How to apply LGT Business IPO in Zerodha?
  1. Go to Kite App → Tap on Bids → Tap on IPO
  2. Select the IPO → Tap on apply → Enter UPI ID
  3. Enter Qty and Price
  4. Submit the application
  5. Approve the UPI Mandate on your UPI app
How to apply LGT Business IPO in Groww?
  1. Go to Groww App → Stocks Section → Select IPO option
  2. Select the IPO you want to apply
  3. Enter your bid details and price
  4. Enter UPI ID & submit
  5. Approve the UPI Mandate on your UPI app
How to apply LGT Business IPO using ASBA?
  1. Log in to your bank's net banking portal.
  2. Navigate to the 'IPO' or 'ASBA' section.
  3. Select LGT Business IPO from the list of available IPOs.
  4. Enter the required details: Bid quantity, Price, DP ID & Client ID, etc
  5. Submit the application.
  6. Money will remain blocked till the refund date

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