New Delhi, Aug. 26 -- LGT Business Connextions IPO listing: Shares of LGT Business Connextions made a weak debut on the BSE on Tuesday, August 26, listing at a 20 per cent discount at Rs.85.60 against its issue price of Rs.107. The stock's listing was below grey market expectations, as the grey market observers expected the stock to list at par with the issue price.

After listing at a 20 per cent discount, the stock fell further to hit its 5 per cent lower circuit of Rs.81.35. Around 11:25 AM, the stock was locked in its lower circuit. Equity benchmark Sensex was 0.62 per cent down at 81,127 at that time.

LGT Business Connextions operates as a service aggregator in the travel and tourism industry.

"We connect and aggregate supply from ...