LGT Business Connextions Limited, a service aggregator in the travel and tourism industry, will close the subscription for its ₹28.09 crore IPO today. The issue comprises a fresh issue, an Offer for Sale (OFS), and a reserved portion for market makers, at a fixed price of ₹107 per share. The subscription window runs from August 19 to August 21, 2025. Following allotment, the company’s shares are scheduled to be listed on the BSE SME on August 26, 2025.
LGT Business Connextions IPO Day 3 Subscription Status
LGT Business Connextions IPO subscribed 1.25 times. The public issue subscribed 1.75 times in the individual investors category and 0.75 times in the NII category by August 21, 2025.
| Investor Category | Subscription (x) |
|---|---|
| Non-Institutional Investors (NII) | 0.75 |
| Retail Individual Investors (RII) | 1.75 |
| Total | 1.25 |
Total Applications: 1,054
How to Check LGT Business Connextions IPO Allotment Status
LGT Business Connextions IPO allotment can be checked online using the Registrar’s website (Skyline Financial Services Pvt. Ltd.) or via the BSE website.
Method 1: Registrar’s Website (Skyline Financial Services Pvt. Ltd.)
This is the most reliable way to check your allotment status:
Steps to check:
- Visit the official Skyline Financial Services Pvt. Ltd. IPO Website.
- Select “LGT Business Connextions Limited” from the issuer dropdown.
- Enter your PAN number, Application number, or DP/Client ID (Demat account number).
- Complete the captcha (if prompted), then click Submit or Search.
- Your allotment status will be displayed on the screen.
Method 2: BSE Website
If the registrar’s site is busy, you can also check via the BSE SME allotment portal:
Steps to check:
- Go to the BSE IPO allotment page under the ‘Equity’ segment.
- Select “LGT Business Connextions Limited” from the IPO list.
- Enter your PAN number and Application number (and captcha, if any).
- Click on Search/Submit to view your allotment status.
Objective of the LGT Business Connextions IPO
The objective of the LGT Business Connextions IPO is to raise funds for capital expenditure, meeting working capital requirements, and general corporate purposes. This will strengthen the company’s operations, support future expansion, and provide overall financial flexibility.
| Objects of the Issue | Expected Amount (₹ in crores) |
|---|---|
| Capital Expenditure | 10.44 |
| Working Capital Requirement | 7.70 |
| General Corporate Purpose | 3.79 |
LGT Business Connextions IPO GMP – Day 3 Update
LGT Business Connextions SME IPO last GMP is ₹0, last updated Aug 21st 2025 04:57 PM. With the price band of 107.00, LGT Business Connextions SME IPO’s estimated listing price is ₹107 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.00%.
| Date | GMP (₹) | Est. Listing Price (₹) | Gain (%) |
|---|---|---|---|
| 21-08-2025 (DAY 3) | ₹0 | ₹0 | 0% |
Disclaimer: The above GMP (Grey Market Premium) is just unofficial market information, which is not officially confirmed. These figures are shared for informational purposes only and investment decisions based on these should be based on the investor’s own research and discretion. We do not conduct, recommend or support any kind of transaction in the grey market
LGT Business Connextions IPO – Key Details
| Particulars | Details |
|---|---|
| IPO Opening Date | August 19, 2025 |
| IPO Closing Date | August 21, 2025 |
| Issue Price | ₹107 per share |
| Total Issue Size | 26,25,600 shares(aggregating up to ₹28.09 Cr) |
| Listing Platform | BSE |
| Registrar | Skyline Financial Services Pvt.Ltd. |
| LGT Business Connextions IPO RHP | Click Here |
Important Dates for LGT Business Connextions IPO Allotment
| Event | Date |
|---|---|
| Tentative Allotment | August 22, 2025 |
| Refunds Initiation | August 25, 2025 |
| Credit of Shares to Demat | August 25, 2025 |
| Listing Date | August 26, 2025 |
LGT Business Connextions Overview
LGT Business Connextions Limited is a Chennai-based service aggregator in the travel and tourism sector, offering end-to-end solutions across MICE travel, cruise and hotel bookings, sightseeing, visa assistance, and customized tour packages for corporates and individuals. Established in 2016, the company leverages its integrated services to cater to both domestic and international clients, ensuring seamless travel experiences. Its diversified offerings position it as a one-stop solution for business and leisure travel needs. Between FY 2024 and FY 2025, revenue increased by 13% and profit after tax (PAT) rose by 44%, supported by strong operating efficiency and robust demand in the travel and tourism sector.
FAQs (Frequently Asked Questions)
What is the opening and closing date of the LGT Business Connextions IPO?
The LGT Business Connextions IPO opens on August 19, 2025, and closes on August 21, 2025.
What is the price band of the LGT Business Connextions IPO?
The IPO is a fixed-price issue, priced at ₹107 per share.
What is the total issue size of the LGT Business Connextions IPO?
The total issue size is approximately ₹28.09 crores, consisting of a fresh issue of around ₹23.87 crores, offer for sale (OFS) of ₹2.81 crores & ₹1.41 Crores Reserved for Market Maker.
What is the expected listing date of LGT Business Connextions?
The shares are expected to be listed on BSE SME on August 26, 2025.
What is the Grey Market Premium (GMP) of the LGT Business Connextions IPO today?
The current Grey Market Premium (GMP) for the IPO is nil (₹0), indicating no premium.
