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.

What is the current subscription status of LGT Business Connextions Limited IPO?

LGT Business Connextions Limited IPO has received a total subscription of 1.31 times overall.

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 Subscription Status Allotment Status Filing Documents

Overall Subscription

1.31x

Total Demand

QIB Multiplier

0.00x

Institutions & Funds

NII / HNI

0.75x

High Net-Worth

Retail (RII)

1.75x

Individual Bidders

Category-Wise Subscription Breakup

Live bidding breakdown by institutional, non-institutional, and retail investors

Total 1.31x

Category	Shares Offered	Shares Applied / Bid	Times Subscribed
NIB	1,246,800	937,200	0.75x
RETAIL	1,246,800	2,186,400	1.75x
Total	2,493,600	3,123,600	1.31x

Application-Wise Breakup

Total unique applications received across retail and HNI tranches

Apps 1.76x

Category	Applications Reserved	Applications Received	Times Subscribed
RETAIL	519	911	1.76x
Total Applications	519	911	1.76x

Day-Wise Subscription Progress

Track continuous institutional and retail bidding order books for all active issues on the ipo live subscription feed.

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.

Bidding & Quota Instructions:

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.

Allotment Reconciliation Schedule:

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 is LGT Business Connextions Limited IPO GMP today?

Currently, LGT Business Connextions Limited IPO Grey Market Premium (GMP) is not actively quoted or is quoted flat at ₹0. The shares are expected to list close to the issue price band of ₹107 to ₹107 per equity share.

What is the expected profit per lot for LGT Business Connextions Limited IPO?

The retail lot size is 1200 shares requiring a minimum application amount of ₹1,28,400. Expected listing price is ₹107 per equity share.

What is the issue size and price band for LGT Business Connextions Limited IPO?

The LGT Business Connextions Limited IPO aggregate issue size is ₹28.09 Crores with an equity price band set at ₹107 to ₹107 per equity share. The retail lot size is 1200 shares requiring a minimum capital outlay of approx. ₹1,28,400.

How can I check LGT Business Connextions Limited IPO live subscription demand?

Live subscription figures are compiled real-time from the NSE and BSE bidding engines. Currently, overall subscription is 1.31x (Retail: 1.75x, QIB: 0.00x, NII: 0.75x). You can track live multiples directly on our dedicated subscription page.

Where and when will LGT Business Connextions Limited IPO allotment status be published?

The basis of allotment will be published on the official registrar portal (Skyline Financial Services Private Limited) and the BSE status verification website on or around 2025-08-22. Investors can verify status using PAN card or application number.

When is the listing date for LGT Business Connextions Limited IPO?

LGT Business Connextions Limited shares are scheduled to list on BSE on 2025-08-26.