LGT Business Connextions Ltd

LGT Business Connextions will hold a meeting of the Board of Directors of the Company on 12 November 2025.Powered by Capital Market - Live

LGT Business Connextions announced that the Annual General Meeting(AGM) of the company will be held on 30 September 2025.Powered by Capital Market - Live

The scrip was listed at Rs 85.60, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price. The counter hit a high of Rs 85.60 and a low of Rs 81.35. About 2.36 lakh shares of the company changed hands at the counter. LGT Business Connextions' IPO was subscribed 1.23 times. The issue opened for bidding on 19 August 2025 and it closed on 21 August 2025. The IPO price was set at Rs 107 per share. The IPO comprised fresh issue of 23,62,800 shares and offer for sale (OFS) upto 2,62,800 shares. The promoter shareholding in the company diluted to 71.95% post-IPO from 99.95% pre-IPO. The company intends to utilize the net proceeds for capital expenditure, working capital requirements and general corporate purposes. LGT Business Connextions operates as a service aggregator in the travel and tourism industry. The company offers comprehensive range of travel services and tourism packages to its customers including MICE travel as well as cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, and other tour and travels related services viz., customizing travel plans, travel arrangements for trade fairs etc. As part of its MICE services, the company arranges travel for corporate clients to facilitate business meetings, conferences, events, and incentive programs for employees and business partners. As on 31st March 2025, the company had 81 employees. The company recorded revenue from operations of Rs 100.80 crore and net profit of Rs 5.21 crore for the period ended 31 March 2025. Powered by Capital Market - Live