Luxury Time IPO
The Luxury Time IPO opens for subscription on December 4, 2025, and it will close on December 8, 2025. The book build issue of ₹18.74 crores, a combination of fresh issue of 0.18 crore shares aggregating to ₹15.00 crores and offer for sale of 0.05 crore shares aggregating to ₹3.74 crores.
Allotment for the Luxury Time IPO is expected to be finalized on December 9, 2025; the IPO will get listed on the BSE SME. The Market Maker of the company is Giriraj Stock Broking Pvt. Ltd. MAS Services Ltd. is the registrar of the issue and GYR Capital Advisors Pvt. Ltd. is the book running lead manager.
Company Background
Luxury Time Limited is engaged in the marketing, distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches. Incorporated in 2008, the company also distributes watch service-related tools and equipment in India. Based in New Delhi, Luxury Time Limited is supported by a team of professionals with expertise in retail management, precision servicing, luxury watch distribution, and brand marketing.
The company operates across different integrated business verticals such as tools and machinery distribution, branding, PR, and marketing support, direct-to-consumer (D2C) and eCommerce Sales, and watch Distribution (B2B).
Operations And Product Range
The company maintains a retail footprint of more than 70 POS (point of sale) across India, digital platforms, multi-brand outlets (MBOs), and mono-brand boutiques. The company's presence covers cities such as Delhi, Mumbai, and Bengaluru, and extends to key Tier I and Tier II locations, including Hyderabad, Ahmedabad, Pune, Surat, Kolkata, Chennai, Coimbatore, Chandigarh, Ludhiana, Cochin, and Lucknow.
Revenue Channels
Primarily, Luxury Time Limited generates revenue through a diversified multi-channel approach, focusing on the lifestyle and luxury watch segments. The company's primary revenue streams include retail sales via its comprehensive network of more than 90 mono-brand boutiques and multi-brand outlets (MBOs) in metro cities and Tier I/II markets across India.
Luxury Time Limited leverages its official online platforms for direct-to-consumer (D2C) sales by capturing the evolving digital market for luxury goods. Also, the company earns from after-sales services, including repairs and maintenance, through its company-operated service centers and a network of authorized service partners.
Management And Shareholding
The key directors include Ashok Goel, Pawan Chohan, and Surender Keswani, all of whom are also major shareholders. The company’s authorized share capital stands at ₹90 lakh, with a paid-up capital of ₹87.21 lakh, indicating a stable capital structure.
WHAT IS GMP?
GMP (Grey Market Premium) is the difference between the IPO price and the grey market price. It is the premium amount paid for the traded IPO shares. It plays an important role in IPOs as it reflects how the IPO would react on the listing day.
A grey market is a place where shares/stocks are traded before being listed officially on the stock exchange.
Luxury Time IPO
| GMP Date | IPO Price | GMP | Last Updated |
|---|---|---|---|
| - | - | - | - |
**The GMP prices displayed here are solely for informational purposes related to the grey market news. India IPO does not engage in or facilitate grey market trading, nor are these rates (sub2) indicative of any trading activity. We also do not recommend or endorse participation in the grey market.**
Luxury Time IPO Details
| Detail | Description |
|---|---|
| IPO Date | December 4, 2025 to December 8, 2025 |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Issue Price Band | ₹78 to ₹82 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital-cum-Offer for Sale |
| Total Issue Size | 22,84,800 shares (aggregating up to ₹18.74 Cr) |
| Reserved for Market Maker | 2,14,400 shares (aggregating up to ₹1.76 Cr) Giriraj Stock Broking Pvt. Ltd. |
| Fresh Issue(Ex Market Maker) | 16,14,400 shares (aggregating up to ₹13.24 Cr) |
| Offer for Sale | 4,56,000 shares of ₹10 (aggregating up to ₹3.74 Cr) |
| Net Offered to Public | 20,70,400 shares (aggregating up to ₹16.98 Cr) |
| Issue Type | BSE SME |
| Listing At | Bookbuilding IPO |
| Share Holding Pre Issue | 64,26,028 shares |
| Share Holding Post Issue | 82,54,828 shares |
Luxury Time IPO Timeline
| Detail | Description |
|---|---|
| IPO Open Date | December 4, 2025 |
| IPO Close Date | December 8, 2025 |
| Tentative Allotment | December 9, 2025 |
| Initiation of Refunds | December 10, 2025 |
| Credit of Shares to Demat | December 10, 2025 |
| Tentative Listing Date | December 11, 2025 |
| Cut-off time for UPI mandate confirmation | 5 PM on Monday, December 8, 2025 |
Luxury Time IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 3,200 | ₹2,62,400 |
| Individual investors (Retail) (Max) | 2 | 3,200 | ₹2,62,400 |
| S-HNI (Min) | 3 | 4,800 | ₹3,93,600 |
| S-HNI (Max) | 7 | 11,200 | ₹9,18,400 |
| B-HNI (Min) | 8 | 12,800 | ₹10,49,600 |
Luxury Time IPO Promoter Holding
| Share Holding Pre Issue | Share Holding Post Issue |
|---|---|
| Promoter Holding Pre Issue | 95% |
| Promoter Holding Post Issue | - |
Competitive Strength:
- • Multi-channel retail presence (boutiques, MBOs, online)
- • Strong brand portfolio (TAG Heuer, Zenith, Bomberg)
- • Robust after-sales service network
- • Experienced management and promoter-driven leadership
- • Healthy financial ratios (ROCE 29.84%, RoNW 22.49%)
- • Low debt and high operating leverage
- • Expanding footprint in the premium lifestyle segment
Luxury Time IPO Financial Information
| Period Ended | Assets | Revenue | Profit After Tax | Net Worth | Total Borrowing | |||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30 Sep 2025 | 29.87 | 24.91 | 2.01 | 20.87 | 2.07 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2025 | 30.12 | 60.78 | 4.29 | 18.86 | 1.56 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2024 | 25.53 | 50.59 | 2.01 | 13.31 | 3.12 | |||||||||||||||||||||||||||||||||||
| 31 Mar 2023 | 22.12 | 52.86 | 2.58 | 11.30 | 2.20 | |||||||||||||||||||||||||||||||||||
| Amount in ₹ Crore | ||||||||||||||||||||||||||||||||||||||||
Key Performance Indicator
| KPI | Values |
|---|---|
| ROCE | 29.84% |
| Debt/Equity | 0.08 |
| RoNW | 22.49% |
| PAT Margin | 6.95% |
| EBITDA Margin | 10.13% |
| Price to Book Value | 2.83 |
| Market Capitalization | ₹67.69 Cr. |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS (Rs) | 6.52 | 5.08 |
| P/E (x) | 12.57 | 16.15 |
Luxury Time IPO Objectives
The company proposes to utilize ₹3.43 crores to finance advertisement expenses towards enhancing the awareness and visibility of our brand, ₹3.00 crores to finance acquisition and installation of Software, ₹2.00 crores for the prepayment or repayment of all or a portion of certain outstanding borrowings availed by the Company, and ₹0.74 crores to meet general corporate purposes.
Conclusion
The Luxury Time IPO opens for subscription on December 4, 2025, and it will close on December 8, 2025. The book build issue of ₹18.74 crores, a combination of fresh issue of 0.18 crore shares aggregating to ₹15.00 crores and offer for sale of 0.05 crore shares aggregating to ₹3.74 crores.
Luxury Time Limited is engaged in the marketing, distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches. Incorporated in 2008, the company also distributes watch service-related tools and equipment in India.
Primarily, Luxury Time Limited generates revenue through a diversified multi-channel approach, focusing on the lifestyle and luxury watch segments. The company's primary revenue streams include retail sales via its comprehensive network of more than 90 mono-brand boutiques and multi-brand outlets (MBOs) in metro cities and Tier I/II markets across India.
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Frequently asked Questions (FAQs )
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Q1: When does the Luxury Time IPO open and close?
The Luxury Time IPO opens for subscription on December 4, 2025, and it will close on December 8, 2025.
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Q2: What kind of services are offered by Luxury Time?
Luxury Time Limited is engaged in the marketing, distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches. Incorporated in 2008, the company also distributes watch service-related tools and equipment in India.
-
Q3: What is the total size of the Luxury Time IPO?
The book build issue of ₹18.74 crores, a combination of fresh issue of 0.18 crore shares aggregating to ₹15.00 crores and offer for sale of 0.05 crore shares aggregating to ₹3.74 crores.
-
Q4: Where will the Luxury Time IPO be listed?
The Luxury Time IPO would get listed on the BSE SME.
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Q5. Who is the market maker for the IPO?
The Market Maker of the company is Giriraj Stock Broking Pvt. Ltd.
