About LGT Business Connextions Ltd.
LGT Business Connextions Ltd., also known as LGT Holidays, is a Chennai-based travel aggregator offering customized tour packages, MICE travel solutions, and corporate gifting experiences. Founded in 2016, the company has grown into a trusted partner for both individual and corporate travel needs across India.
With a focus on asset-light operations, LGT leverages third-party hotels, airlines, and cruise operators to deliver seamless travel experiences. The company also offers visa processing, ticketing, and trade fair travel management making it a one-stop solution for business and leisure travel.
Financial Performance Snapshot
Metric FY23 FY24
- Revenue: ₹89.53 Cr ₹100.81 Cr
- Net Profit (PAT): ₹3.63 Cr ₹5.22 Cr
- Net Worth: ₹7.23 Cr ₹12.45 Cr
- ROE: 41.89%
- Debt-to-Equity: 0.77
LGT Holidays has demonstrated strong financial growth, with a 341.85% revenue surge and over 1000% profit growth in FY23. Its high ROE and low debt ratio reflect efficient capital use and operational resilience.
Business Model & Services
- MICE Travel: Corporate events, conferences, and incentive tours.
- Custom Tour Packages: Tailored for individuals and businesses.
- Accommodation: Leased flats and third-party hotels.
- Cruise & Hotel Bookings: Domestic and international.
- Visa & Ticketing: IATA-accredited services.
- Corporate Gifting: “Gift a Tour” program for employee rewards.
IPO Timeline & Details
Event Date
- IPO Opens: August 19, 2025
- IPO Closes: August 21, 2025
- Allotment Finalization : August 22, 2025
- Refunds Initiated: August 25, 2025
- Demat Credit: August 25, 2025
- Listing Date: August 26, 2025
Issue Details
- Total Issue Size: ₹28.09 Cr
- Price per Share: ₹107
- Lot Size: 1,200 shares
- Minimum Investment: ₹2,56,800
- Lead Manager: Mark Corporate Advisors
- Registrar: Skyline Financial Services
- Listing Exchange: BSE SME
Why This IPO Matters
With rising demand for customized travel experiences and corporate travel solutions, LGT Holidays is well-positioned to capitalize on post-pandemic tourism trends. Its strong financials, scalable model, and niche offerings make it a compelling SME IPO to watch.
