INDIA IPO
  • Home
  • About
    • About us
    • Our CSR
  • Services

    IPO

    • Initial Public Offering (IPO)
    • SME IPO Consultation
    • Mainline IPO Consultation
    • Follow-On Public Offer (FPO)
    • Pre-IPO Funding Consultants

    Capital Raising

    • Social Stock Exchange
    • Private Placement
    • Project Funding
    • REIT
    • SM REIT
    • Rights Issue Advisory
    • InvIT Rights Issue
    • InvIT Public Issue
    • InvIT Private Issue
    • Debt Syndication
    • Securitised Debt Instruments
    • Public Municipal Debt
    • Private Municipal Debt

    Finance Advisory

    • Business Valuation
    • Corporate Finance
    • Financial Modelling
    • Project Finance
  • Investors
  • Merchant Bankers

    SME

    • List of SME Merchant Bankers

    MAINBOARD

    • List of Mainboard Merchant Bankers
  • Resources

    Reports

    • Daily Reporter
    • IPO Calendar
    • Upcoming IPO Calendar
    • Mainline IPO Report
    • SME IPO Report
    • SME IPOs by Sector
    • Mainboard IPOs by Sector

    IPO Knowledge

    • IPO World Magazine
    • IPO Process
    • Pre-IPO Process Guidance
    • IPO Blogs
    • Sector Wise IPO List In India
    • List of IPO Registrar

    Notifications / Circulars

    • SEBI ICDR Amendment Regulations 10.03.2025
    • SEBI SME IPO ICDR Amendments report 10.03.25
    • ICDR
    • BSE SME Eligibility Criteria
    • NSE Emerge Eligibility Criteria
  • News/Updates
    • Markets & Money Update
    • IPO & Market Snaps
  • Contact Us
  • Check IPO Feasibility
Check IPO Feasibility
INDIA IPO
INDIA IPO

Contact Info:

  • +91-96506-37280
  • +011-47008280
  • info@indiaipo.in
  • 808, 8thFloor D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034.
  • Admin
  • 02 Dec, 2025

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.

Luxury Time IPO

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

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 Total Income Profit After Tax Net Worth Reserves and Surplus 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.

RHP:

View RHP

DRHP:

View DRHP

Read more :
  • Vidya Wires IPO
  • K. V. Toys India IPO
  • Western Overseas Study Abroad IPO

Frequently Asked Questions (FAQs)

  • 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.

  • 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.

  • Q5. Who is the market maker for the IPO?

    The Market Maker of the company is Giriraj Stock Broking Pvt. Ltd.

Recent IPO Blogs

Srinibas Pradhan Constructions IPO
Srinibas Pradhan Constructions IPO...
28 Feb, 2026
Acetech E-Commerce IPO
Acetech E-Commerce IPO...
21 Feb, 2026
Striders Impex IPO
Striders Impex IPO...
20 Feb, 2026
Yaap Digital IPO
Yaap Digital IPO...
19 Feb, 2026
Manilam Industries IPO
Manilam Industries IPO...
17 Feb, 2026
Mobilise App Lab IPO
Mobilise App Lab IPO...
16 Feb, 2026
Yashhtej Industries (India) IPO
Yashhtej Industries (India) IPO...
16 Feb, 2026
Elfin Agro India IPO
Elfin Agro India IPO...
06 Feb, 2026
Marushika Technology IPO
Marushika Technology IPO...
05 Feb, 2026
Accord Transformer & Switchgear IPO
Accord Transformer & Switchgear IPO...
04 Feb, 2026
pre ipo advisory services in India
  • GST No: 07AAHCB7068H2ZF

India IPO is a leading Indian business services platform that helps firms and companies to launch their initial public offerings (IPOs) in order to raise essential capital for growth and expansion while adding value & fueling the nation’s immense potential and future opportunities.

Follow us:

Facebook Twitter LinkedIn Instagram YouTube

Quick Links

  • Home
  • Blogs
  • Consultant
  • Youtube Videos
  • News
  • Contact Us
  • Career

Contact Information:

  • Corporate Office: 808, 8th Floor, D-Mall, Netaji Subhash Place, Pitampura, Delhi-110034
  • Regional Office: Office No. 601, Shagun Insignia, Ulwe, Sector-19, Navi Mumbai- 410206
  • Email: info@indiaipo.in
  • Mobile: +91-74283-37280, +91-96509-82781
  • Disclaimer  |
  • Privacy & Policy  |
  • Terms & Conditions  

Copyright © All rights reserved by - Bmarkt Tecamat Private Limited