August, 25 2025 Monday 14:35 Hrs
  • SENSEX :   81,685.88

  • Commodity broking firm in India379.03( 0.47%) 25-Aug-2025

IPO Synopsis

LGT Business Connextions Ltd
  • Registered Office: New No.38 Old No.44 1st Floor,Brindavan St Extn West Mambalm, Chennai - 600033, Tamil Nadu, India.
  • Phone : +91 99400 67846   Fax:
  • Email : info@lgtholidays.com
  • Website :www.lgtholidays.com
Initial public offering of upto 26,25,600 equity shares of Rs. 10/- each ("Equity Shares") of LGT Business Connextions Limited ("LGT" or the "Company") for cash at an offer price of Rs. 107/- per equity share (the "Offer Price"), aggregating to Rs. 28.09 crores ("the Offer"), comprising a fresh offer of up to 23,62,800 equity shares aggregating to Rs. 25.28 crores by the company ("Fresh Offer") and an offer for sale of up to 2,62,800 equity shares by Wilfred Selvaraj ("the Promoter Selling Shareholder" or "Selling Shareholder") aggregating to Rs. 2.81 crores ("Offer for Sale"). out of the offer, 1,32,000 equity shares aggregating to Rs. 1.41 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e., offer of 24,93,600 equity shares of face value of Rs. 10/- each at an offer price of Rs. 107/- per equity share aggregating to Rs. 26.68 crores (is hereinafter referred to as the "Net Offer"). The offer and the net offer will constitute 28.01 % and 26.60 % respectively of the post offer paid up equity share capital of the company. The face value of the equity shares is Rs. 10/- each and the offer price is 10.7 times of the face value of the equity shares.
Issue
Opens On Closes On
19-Aug-25 21-Aug-25
Money Payable On
Application Allotment
107.00 0.00
Minimum Application for shares in Nos : 2400 Further Multiples of : 1200
(.Cr) Lead Managers to the Issue
Project Cost (.Cr) 23.82 Mark Corporate advisors Pvt Ltd
Project Financed through Current Offer (.Cr) 28.09  
Post Issue Equity Share Capital (.Cr) 9.37
Issue Price () 107.00
Projects
Capital expenditure
Working capital requirement
General corporate purpose
Promoted By
Wilfred Selvaraj
Padma Wilfred
Ashley Wilfred
Listing At
BSE - SME
Registrar to the Issue
Skyline Financial Services Pvt
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