| LGT Business Connextions Ltd |
|
Registered Office:
New No.38 Old No.44 1st Floor,Brindavan St Extn West Mambalm
,
Chennai
-
600033
,
Tamil Nadu
, India.
Phone :
+91 99400 67846 Fax:
Email : info@lgtholidays.com
Website : www.lgtholidays.com
|
Initial public offering of upto 26,25,600 equity shares of
 10/- each ("Equity Shares") of LGT Business Connextions Limited ("LGT" or the "Company") for cash at an offer price of 107/- per equity share (the "Offer Price"), aggregating to 28.09 crores ("the Offer"), comprising a fresh offer of up to 23,62,800 equity shares aggregating to 25.28 crores by the company ("Fresh Offer") and an offer for sale of up to 2,62,800 equity shares by Wilfred Selvaraj ("the Promoter Selling Shareholder" or "Selling Shareholder") aggregating to 2.81 crores ("Offer for Sale"). out of the offer, 1,32,000 equity shares aggregating to 1.41 crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e., offer of 24,93,600 equity shares of face value of 10/- each at an offer price of 107/- per equity share aggregating to 26.68 crores (is hereinafter referred to as the "Net Offer"). The offer and the net offer will constitute 28.01 % and 26.60 % respectively of the post offer paid up equity share capital of the company.
The face value of the equity shares is 10/- each and the offer price is 10.7 times of the face value of the equity shares. |
| Issue |
Money Payable On |
|
| Opens On |
Closes On |
Application |
Allotment |
|
| 19-Aug-25 |
21-Aug-25 |
Rs107.00-0.00 |
Rs0.00-0.00 |
| Minimum Application for shares in Nos :2400 Further Multiples of :1200 |
| |
RsCr |
Lead Managers to the Issue |
|
| Project Cost |
23.82 |
| Mark Corporate advisors Pvt Ltd |
|
| Project Financed through Current Offer |
28.09 |
|
| Post Issue Equity Share Capital |
9.37 |
|
| Issue Price |
Rs107.00 |
|
|