LGT Business Connextions SME

LGT Business Connextions SME
LGT Business Connextions Limited, incorporated in 2016, operates as a service aggregator in the travel and tourism industry. The company connects and aggregates supply from various third-party providers, including hotels, airlines, car rental services, cruise companies, and other travel service providers. It offers a comprehensive range of travel services and tourism packages to its customers, including MICE (Meetings, Incentives, Conferences, and Exhibitions) travel, cruise bookings, hotel and flight bookings, in-transit arrangements, local sightseeing, and other travel-related services.
Investment Timeline
🤖 Smart Analysis
*AI score is algorithmic and for educational purposes only.
🎯 Application Strategy
Action: 🚫 STRONG AVOID - Multiple red flags identified
Lots: DO NOT APPLY
⏳ Timing Advice
📊 Monitor subscription trends before applying
Key Factor Analysis
Issue Details
Object of the Issue
The company proposes to utilize the Net Proceeds from the Issue towards the following objects:
- Capital Expenditure.
- Working Capital Requirement.
- General Corporate Purpose.
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