LGT Business Connextions IPO

Incorporated in 2016, LGT Business Connextions Limited is engaged as a service aggregator in the travel and tourism industry. The travel and tours brand of LGT Business Connextions Ltd offers extensive services across the tourism industry. The company acts as a service aggregator in the travel industry, connecting customers with hotels, airlines, car rentals, cruises, and other services directly or through third-party aggregators. The company offers a wide range of travel services, including MICE travel, cruise and hotel bookings, in-transit arrangements, local sightseeing, customised travel plans, and arrangements for trade fairs and tours. The company offers consolidated tour packages, hotel accommodation, ticketing, visa processing, and customized travel plans for both corporate groups and individuals, including MICE services for business meetings, conferences, and events. Business Model: Mice: The company’s MICE division offers end-to-end solutions for corporate events, including meetings, incentives, conferences, exhibitions, and ancillary services like travel, accommodations, logistics, and post-event reporting, ensuring customer satisfaction. Accommodation: The company provides accommodation services through third-party hotel providers, with leased flats in Chennai and Thiruvananthapuram. It connects with local and international hotels or booking aggregators for the best options. Ticketing & Visa: The company provides domestic and international ticketing services through IATA accreditation, earning commissions. It also offers visa services for tourist, business, and conference visas, primarily as part of bundled travel packages. Competitive Strength: Organizational stability along with management expertise. Service Offering Skilled & Quality Staff Scalable Business Model Smooth flow of operations

The Company LGT Business Connextions IPO proposes to utilise the Net Proceeds from the Issue towards the following objects: S.No. Objects of the Issue Expected Amount (₹ in crores) 1 Capital Expenditure 10.44 2 Working Capital Requirement 7.70 3 General Corporate Purpose 3.79

All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. We are not a SEBI Registered analyst. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on Information published on this application. No financial information whatsoever published anywhere, within this application, should be considered as advice to buy or sell securities or invest in IPOs, or as a guide to doing so in any way whatsoever Please read all Tearms and conditions , and agree to use the App