LGT Business Connextions Ltd Company Summary

LGT Business Connextions Ltd Summary

LGT Business Connextions Limited was originally incorporated as a private Company in the name of LGT Business Connextions Private Limited dated August 31, 2016, issued by the Registrar of Companies, Central Registration Centre. Subsequently, Company was converted into public Company and the name of the Company was changed to LGT Business Connextions Limited vide fresh Certificate of Incorporation dated November 28, 2024, issued by the Central Registration Centre.Company was founded in 2016 by travel industry experts including promoters of the Company having over 3 decades of experience as a service aggregator in the travel and tourism industry. It connect and aggregate supply from third party hotels, airlines, car rentals, cruise companies and other travel service suppliers directly or through third party aggregator wherever required and offer a wide range of services to customers as per requirement. It offer comprehensive range of travel services and tourism packages to customers including MICE travel as well as cruise bookings, hotel bookings, in-transit arrangements, local sightseeing, and other tour and travels related services viz., customizing travel plans, travel arrangements for trade fairs etc. In addition to consolidated tour packages, it provide hotel accommodation, ticketing & visa processing services on standalone basis also. It design travel packages for both corporate/ groups and individuals for their domestic as well as international leisure travel. This serves as a distinctive gifting option, enhancing the significance of their special occasions like birthdays, weddings, or anniversaries.Company is planning an Initial Public Offering aggregating an issuance of 26,25,600 equity shares of Rs 10/- each by raising funds aggregating to Rs 29.4 Crore comprising a fresh issue of 23,62,800 equity shares aggregating to Rs 26.4 Crore and 2,62,800 equity shares aggregating to Rs 3 Crore through offer for sale.