LGT Business Connextions Ltd., a Chennai based travel services, is open for subscription from August 19, 2025 and will close on August 21, 2025.
IPO Details at a Glance:
• IPO Open: August 19, 2025
• IPO Close: August 21, 2025
• Issue Type: Fixed Price Issue (SME)
• Total Issue Size: ₹28.09 crore
• Fresh Issue: ₹25.28 crore
• Offer for Sale: ₹2.81 crore
• Price Band: ₹107 per share
• Face Value: ₹10 per equity share
• Lot Size: 1,200 shares
• Minimum Investment (Retail): ₹2,56,800
• Registrar: Skyline Financial Services Private Limited
• Book Running Lead Manager: Mark Corporate Advisors Pvt. Ltd.
• Sponsor Bank: IndusInd Bank
Objectives of the Issue
The net proceeds from the IPO will be utilized for:
1. Capital expenditure on infrastructure and service expansion
2. Meeting working capital requirements
3. General corporate purposes
Important IPO Dates:
• Finalisation of Basis of Allotment: August 22, 2025
• Initiation of Refunds: August 25, 2025
• Credit of Shares to Demat Accounts: August 25, 2025
• Listing Date: August 26, 2025
LGT Business Connextions Ltd: Company Overview
LGT Business Connextions Ltd., was founded in 2016 in Chennai, India. It functions in the travel and tourism services segment. The company focusses in personalized travel planning, including MICE, ticketing, hotel bookings, visa processing, sightseeing tours, and cruise packages for corporate and individual clients.
LGT’s IPO launched at a time when there is a growing demand in the Indian travel sector, particularly in the SME segment, and offers retail investors a high-entry chance into a niche travel aggregator business.
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