GT Business Connextions IPO details you shared

https://tredingmarket.com/

📌 LGT Business Connextions IPO Details

🔹 IPO Structure

• IPO Date: August 19, 2025 – August 21, 2025
• Issue Type: Fixed Price Issue (Fresh Issue + Offer for Sale)
• Face Value: ₹10 per share
• Issue Price: ₹107 per share
• Lot Size: 1,200 shares (Minimum 2 lots i.e. 2,400 shares for retail)
• Total Issue Size: 26,25,600 shares (₹28.09 Cr)
• Fresh Issue (excl. MM): 22,30,800 shares (₹23.87 Cr)
• Offer for Sale: 2,62,800 shares (₹2.81 Cr)
• Market Maker Reservation: 1,32,000 shares (₹1.41 Cr) → Asnani Stock Broker Pvt. Ltd.
• Listing At: BSE SME

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🔹 Shareholding

• Pre-Issue Shares: 70,10,000
• Post-Issue Shares: 93,72,800
• Promoter Holding (Pre-Issue): 99.95%
• Promoter Holding (Post-Issue): 71.95%

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🔹 Reservation (Allocation)

Investor Category	Shares Offered	% Allocation
Market Maker	1,32,000	5.03%
NII (HNI)	12,46,800	47.49%
Retail (RII)	12,46,800	47.49%
Total	26,25,600	100%

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🔹 Timeline (Tentative)

• IPO Open: Tue, Aug 19, 2025
• IPO Close: Thu, Aug 21, 2025
• Allotment Finalization: Fri, Aug 22, 2025
• Refunds Initiation: Mon, Aug 25, 2025
• Credit to Demat: Mon, Aug 25, 2025
• Listing Date: Tue, Aug 26, 2025
• UPI Mandate Deadline: 5 PM, Aug 21, 2025

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🔹 Lot Size & Investment

Investor Type	Lots	Shares	Investment (₹)
Retail (Min/Max)	2	2,400	₹2,56,800
HNI (Min)	3	3,600	₹3,85,200

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🔹 About the Company

• Incorporated in 2016, engaged as a service aggregator in the travel & tourism industry.
• Services offered:
  • MICE travel (Meetings, Incentives, Conferences, Exhibitions)
  • Hotel & Cruise bookings
  • Ticketing (domestic & international) + Visa processing
  • Customized travel packages for corporates & individuals
• Strengths: Experienced promoters, scalable business model, skilled staff, stable operations.

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🔹 Financials (₹ in Crore)

Period Ended	31-Mar-23	31-Mar-24	31-Mar-25
Assets	8.69	14.93	27.18
Total Income	61.18	89.53	100.81
EBITDA	4.04	5.27	7.65
PAT	2.97	3.63	5.22
Net Worth	3.60	7.23	12.45
Borrowings	2.50	2.82	9.58

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🔹 Key Ratios (FY 2025)

• ROE: 41.89%
• ROCE: 45.19%
• Debt/Equity: 0.77
• PAT Margin: 5.19%
• EBITDA Margin: 7.62%
• P/BV: 6.02
• EPS (Pre IPO): ₹7.44 → P/E = 14.38x
• EPS (Post IPO): ₹5.56 → P/E = 19.23x
• Market Cap: ₹100.29 Cr

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🔹 Objects of the Issue

1. Capital Expenditure – ₹10.44 Cr
2. Working Capital – ₹7.70 Cr
3. General Corporate Purpose – ₹3.79 Cr

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🔹 Subscription Status (Final Day – Aug 21, 2025, 5:04 PM)

Category	Subscription	Shares Offered	Shares Bid
NII (HNI)	0.75x	12,46,800	9,37,200
Retail (RII)	1.75x	12,46,800	21,86,400
Total	1.25x	24,93,600	31,23,600

• Applications received: 1,054

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🔹 Review Highlights

• Pros: Strong growth in revenue & profit, high ROE & ROCE, scalable model.
• Cons: Highly competitive & fragmented travel industry, aggressive IPO pricing, SME risk factors.
• Analyst View (Dilip Davda): “Aggressively priced; suitable only for well-informed/cash surplus investors for medium-term holding.”

📌 LGT Business Connextions IPO – Key Highlights

🔹 IPO Timeline (Tentative)

• IPO Open Date: Tue, Aug 19, 2025
• IPO Close Date: Thu, Aug 21, 2025
• Basis of Allotment: Fri, Aug 22, 2025
• Initiation of Refunds: Mon, Aug 25, 2025
• Credit of Shares to Demat: Mon, Aug 25, 2025
• Tentative Listing Date: Tue, Aug 26, 2025
• UPI Mandate Confirmation Deadline: 5 PM on Aug 21, 2025

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🔹 IPO Lot Size & Investment

• Minimum Bid (Retail): 2 lots = 2,400 shares = ₹2,56,800
• Maximum Bid (Retail): 2 lots = 2,400 shares = ₹2,56,800
• Minimum Bid (HNI): 3 lots = 3,600 shares = ₹3,85,200

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🔹 Promoter Holding

• Promoters: Wilfred Selvaraj & Padma Wilfred
• Pre-Issue Holding: 99.95%
• Post-Issue Holding: 71.95%

📞 LGT Business Connextions Ltd. – Contact Information

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

Phone: +91 9940067846
Email: info@lgtholidays.com
Website: www.lgtholidays.com