lgt business connextions limited

lgt business connextions limited

LGT • ISIN: INE191201016

BSE
SME

Listing Price: ₹85.6

-20.00% Loss
About Company

Incorporated in 2016, LGT Business Connextions Limited is engaged as a service aggregator in the travel and tourism industry.

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

Capital Expenditure

Working Capital Requirement

General Corporate Purpose

₹107

Price Band

1.28 L

Min Investment

1200 shares

Lot Size

19.23x

P/E Ratio

Important Dates

Issue Opens

19 Aug 2025

Issue Closes

21 Aug 2025

Allotment

22 Aug 2025

Listing

26 Aug 2025

Subscription Status
HNI (>₹10L)

High Networth Individuals (Above ₹10 Lakhs)

0.47x

586,800 / 1,246,800 shares

NII (<₹10L)

Non-Institutional Investors (Below ₹10 Lakhs)

0.28x

350,400 / 1,246,800 shares

Retail

Retail Individual Investors

1.75x

2,186,400 / 1,246,800 shares

Financial Performance
Offer Documents
DHRP
Visit
Issue Details
Issue TypeFP
Face Value₹10
Lead ManagersMark Corporate Advisors Pvt.Ltd.
Min Quantity2,400
Max Quantity4,672
Company Promoters
Wilfred Selvaraj
Padma Wilfred
Website

http://www.lgtholidays.com/

Email

info@lgtholidays.com

Phone+91 9940067846
Address

LGT Business Connextions Ltd.
New No. 38, Old No. 44,
First Floor, Brindavan Street Extn,
West Mambalam
Chennai, Tamil Nadu, 600033