What is IPO Grey Market Premium (GMP)?

IPO Grey Market Premium (GMP) is an unofficial, over-the-counter premium over the issue price that dealers and investors pay prior to official listing on NSE/BSE.

How is estimated IPO listing price determined?

Estimated Listing Price = Cut-off / Issue Price + Current Grey Market Premium (GMP). For example, an issue price of ₹100 with ₹40 GMP yields an estimated listing price of ₹140 (+40%).

What is Kostak rate in an IPO?

Kostak rate is the fixed profit earned by selling an IPO application before allotment, irrespective of whether the application is allotted shares or not.

What is Subject to Sauda in IPO trading?

Subject to Sauda is an informal contract where payment is made only if the seller receives share allotment in the IPO.

Is IPO Grey Market Premium (GMP) regulated by SEBI?

No. Grey Market transactions are non-exchange over-the-counter commitments and are not officially regulated or endorsed by SEBI. Investors should treat GMP as an informal sentiment indicator.

When is the LGT Business Connextions Limited IPO allotment date?

The basis of allotment for LGT Business Connextions Limited IPO is scheduled to be finalized on 22 Aug 2025.

Where can I check LGT Business Connextions Limited IPO allotment status?

You can check your allotment status on the official registrar portal (Skyline Financial Services Private Limited) or on the BSE India website using your PAN card number or application number.

When will unallotted IPO application funds be unblocked?

Refund initiation and UPI mandate revocation for unallotted applications starts on or around 23 Aug 2025.

IPO GreyPremiumLIVE

Grey Market Intelligence

LGT Business Connextions Limited

ListedSME

Business Services / IT Solutions · BSE

Founded in 2016, LGT Business Connextions Limited operates as a service aggregator in the travel and tourism industry, offering a wide range of services including hotel bookings, flights, cruises, car rentals, sightseeing, customized travel plans, and MICE (Meetings, Incentives, Conferences, Exhibitions) solutions. It serves both individuals and corporate clients, providing end-to-end arrangements for events, trade fairs, and tours. The company partners with hotels, airlines, and booking platforms, manages leased accommodations in Chennai and Thiruvananthapuram, and offers domestic and international ticketing through IATA accreditation, along with visa processing for tourism, business, and conferences.

Price Band

₹107

Issue Size

₹28.09 Cr

Lot Size

1200 shares

GMP

—

Est. Listing

₹107

at current GMP

Subscribed

1.31x

overall

Open

19 Aug 2025

21 Aug 2025

Allotment

22 Aug 2025

Refund

23 Aug 2025

Demat Credit

24 Aug 2025

Listing

26 Aug 2025

Last updated 11 months ago

Overview Live GMP Live Subscription Allotment Status

Official Registrar Verification

LGT Business Connextions Limited Allotment Status

Designated Registrar: Skyline Financial Services Private Limited

Check Allotment Status Registrar Portal BSE Portal

Allotment Date

22 Aug 2025

Basis finalization

Refunds Initiate

23 Aug 2025

Mandate release

Demat Credit

24 Aug 2025

Shares in demat

Listing Debut

26 Aug 2025

Trading begins

About LGT Business Connextions Limited Public Issue & Market Profile

LGT Business Connextions Limited is bringing an initial public offering (IPO) in the Business Services / IT Solutions sector with an aggregate issue size of ₹28.09 Crores. The shares are offered at a price band of ₹107 to ₹107 per equity share on BSE. Currently, market analysts recommend evaluating the company's financial valuation, price-to-earnings (P/E) multiple, and peer comparison prior to submitting bids.

Public Issue & Allotment Procedure:

The public offer consists of a fresh issue and offer-for-sale structured under SEBI regulations. Bidding is open to Qualified Institutional Buyers (QIB), Non-Institutional Bidders (NII/HNI), and Retail Individual Investors (RII). Applications can be submitted online using ASBA or UPI mandate through certified stock brokers and net banking portals.

Official Allotment Timelines & Registrar Guidance:

Following the close of bidding on 2025-08-21, the basis of allotment is scheduled to be finalized on 2025-08-22. Investors can verify their application status online by submitting their PAN card number, Application Number, or DP Client ID on the registrar's official portal (Skyline Financial Services Private Limited) or the BSE allotment checking window.

Frequently Asked Questions

What if my name is not showing on the registrar portal?

Allotment records are updated in batches. If the status is not yet available, please wait a few hours until the basis of allotment is fully finalized.

How will I receive the refund if I don't get allotment?

Since funds are blocked under ASBA/UPI, the bank will automatically release the blocked hold on your funds upon receipt of revocation instructions from the sponsor bank.