lgt business connextions limited IPO
IPO Overview
Lgt business connextions limited IPO is a SME public issue offered through a Fixed Price issue with a total issue size of ₹— crores. The IPO price band is set at ₹107 per share, and retail investors can apply with a minimum investment of ₹2.57 L as per IPO guidelines.
The Lgt business connextions limited IPO opens on 19 Aug 2025 and closes on 21 Aug 2025. The IPO allotment is expected to be finalized on 22 Aug 2025, and the equity shares are proposed to be listed on BSE on 26 Aug 2025.
Investors can refer to the Lgt business connextions limited IPO RHP-DRHP for detailed information. The issue is managed by Mark Corporate Advisors Pvt.Ltd. as the book running lead manager, while Skyline Financial Services Private Ltd is the registrar to the IPO. Before investing, market participants often review IPO details, valuation, PE ratio, financials, and risk factors.
About Company
The travel and tours brand of LGT Business Connextions Ltd offers extensive services across the tourism industry.
The company acts as a service aggregator in the travel industry, connecting customers with hotels, airlines, car rentals, cruises, and other services directly or through third-party aggregators.
The company offers a wide range of travel services, including MICE travel, cruise and hotel bookings, in-transit arrangements, local sightseeing, customised travel plans, and arrangements for trade fairs and tours.
The company offers consolidated tour packages, hotel accommodation, ticketing, visa processing, and customized travel plans for both corporate groups and individuals, including MICE services for business meetings, conferences, and events.
Business Model:
Mice: The company’s MICE division offers end-to-end solutions for corporate events, including meetings, incentives, conferences, exhibitions, and ancillary services like travel, accommodations, logistics, and post-event reporting, ensuring customer satisfaction.
Accommodation: The company provides accommodation services through third-party hotel providers, with leased flats in Chennai and Thiruvananthapuram. It connects with local and international hotels or booking aggregators for the best options.
Ticketing & Visa: The company provides domestic and international ticketing services through IATA accreditation, earning commissions. It also offers visa services for tourist, business, and conference visas, primarily as part of bundled travel packages.
Competitive Strength:
Organizational stability along with management expertise.
Service Offering
Skilled & Quality Staff
Scalable Business Model
Smooth flow of operations
Investment Objective
Working Capital Requirement
General Corporate Purpose