Mumbai, Aug. 26 -- The scrip was listed at Rs 85.60, a discount of 20% compared with the initial public offer (IPO) price. The stock is currently frozen at its lower limit of 5% over its listing price.

The counter hit a high of Rs 85.60 and a low of Rs 81.35. About 2.36 lakh shares of the company changed hands at the counter.

LGT Business Connextions' IPO was subscribed 1.23 times. The issue opened for bidding on 19 August 2025 and it closed on 21 August 2025. The IPO price was set at Rs 107 per share.

The IPO comprised fresh issue of 23,62,800 shares and offer for sale (OFS) upto 2,62,800 shares. The promoter shareholding in the company diluted to 71.95% post-IPO from 99.95% pre-IPO.

The company intends to utilize the net proceeds fo...