LGT Business Connections Aims for ₹28 Cr IPO – A Bold Move or Just Another Cash Grab?
Another day, another IPO—but this one’s got a twist. LGT Business Connections is throwing its hat in the ring with a ₹28 crore public offering. Because what’s better than private money? Public money, obviously.
Why This IPO Matters (Or Doesn’t)
Let’s cut to the chase: ₹28 crore isn’t exactly chump change, but in the grand scheme of IPOs, it’s more of a nibble than a bite. Still, LGT’s betting big on investor appetite. Will the market bite, or is this just another middling play for liquidity?
The Bottom Line
IPOs are like crypto rallies—everyone’s excited until the dump comes. LGT’s move could be a masterstroke… or just another way to offload risk onto retail investors. Either way, grab your popcorn—this one’s worth watching.
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Mark Corporate Advisors will be the lead manager, while Skyline Financial Services has been engaged as Registrar to the offer.
Wilfred Selvaraj, Managing Director, LGT Business Connextions said the capital raised will strengthen the company’s market presence, introduce new offerings and expand across domestic and international destinations. With a focus on innovation, quality service and strategic partnerships, the company is well-positioned to leverage the rising demand in the travel and tourism industry to create lasting value, he added.
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Over the years, the company has built a strong presence in the integrated travel solutions space, offering a wide portfolio from corporate MICE (Meetings, Incentives, Conferences, and Exhibitions) and leisure holidays to bespoke travel programs.
The proposed issue will provide the capital required to accelerate expansion, enhance service capabilities and strengthen its market position.
LGT Business Connextions offers integrated travel solutions by aggregating services from third-party hotels, airlines and visa agents, directly or through leading aggregators.
Published on August 18, 2025
