Allotment

The Luxury Time IPO is a book-built issue with a total size of ₹18.74 crore. It consists of a fresh issue of 0.18 crore equity shares raising ₹15.00 crore, along with an offer for sale of 0.05 crore shares amounting to ₹3.74 crore.
The IPO opened for subscription on December 4, 2025, and closed on December 8, 2025. The basis of allotment was finalized on December 9, 2025, and the company’s shares were listed on the BSE SME platform on December 11, 2025.
The issue was offered at a fixed price of ₹82 per share. Investors were required to apply for a minimum lot size of 1,600 shares. For retail investors, the minimum investment stood at ₹2,62,400 for 3,200 shares, calculated at the upper price band. High Net-worth Individuals (HNIs) were required to invest in a minimum of three lots, totaling 4,800 shares, with an investment value of ₹3,93,600.
GYR Capital Advisors Pvt. Ltd. acted as the book-running lead manager for the issue, while MAS Services Ltd. served as the registrar. Giriraj Stock Broking Pvt. Ltd. was appointed as the market maker for the IPO.
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| IPO Date | 11 Dec |
| IPO Listing Date | 11 Dec |
| IPO Face Value | ₹10 per share |
| IPO Price Range | ₹82.00 |
| IPO Issue Size | 22,84,800 shares |
| IPO Sale Type | Fresh Capital & OFS |
| Employee Discount | - |
| IPO Issue Type | Bookbuilding IPO |
| IPO Listing | BSE SME Platform |
| Share Holding Pre Issue | 64,26,028 shares |
| IPO Open Date | 4 Dec |
| IPO Close Date | 8 Dec |
| IPO Allotment (Tentative) | 9 Dec |
| Refunds | 10 Dec |
| Credit to Demat Account | 10 Dec |
| IPO Listing Date | 11 Dec |
| Category | Offer |
|---|---|
| QIB Shares Offered | 10,28,800 (45.00%) |
| NII (HNI) Shares Offered | 3,13,600 (13.72%) |
| Retail Shares Offered | 7,29,600 (31.91%) |
Investors can bid for a minimum of 3,200 shares, and in multiples of 1,600 shares thereafter.
| Application | Lots | Share | Amount |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | ₹2,62,400 |
| 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 |
Founded in 2008, Luxury Time Limited operates in the Indian luxury watch segment, focusing on the distribution, marketing, retail sales, and after-sales servicing of premium Swiss watch brands. In addition, the company supplies specialized tools and equipment used in watch servicing across the country. Headquartered in New Delhi, Luxury Time Limited is backed by an experienced team skilled in luxury retail operations, brand management, precision servicing, and marketing strategy.
The company’s business is structured around five core verticals: business-to-business watch distribution, direct-to-consumer and e-commerce sales, after-sales service operations, branding and public relations support, and the distribution of tools and machinery related to watch servicing.
Luxury Time Limited has established a strong retail presence with more than 70 points of sale across India. These include exclusive brand boutiques, multi-brand retail outlets, and online platforms. The company operates in major metro markets such as Delhi, Mumbai, and Bengaluru, while also serving key Tier I and Tier II cities including Hyderabad, Ahmedabad, Pune, Surat, Kolkata, Chennai, Coimbatore, Chandigarh, Ludhiana, Kochi, and Lucknow.
To support customer service and maintenance needs, the company runs two dedicated service centers located in Mumbai and Delhi, complemented by a network of over 20 authorized and dealer-managed service facilities nationwide.
The company represents several globally recognized Swiss luxury watch brands, such as TAG Heuer, Zenith, Bomberg, and Exaequo. Luxury Time Limited holds the authorized distributorship for TAG Heuer in India and also manages the brand’s official e-commerce platform in the Indian market.
As of September 30, 2025, the company employed a team of 17 professionals.
| Assets | 29.87 | 30.12 | 25.53 |
| Total Income | 24.91 | 60.78 | 50.59 |
| Profit After Tax | 2.01 | 4.29 | 2.01 |
| EBITDA | 2.94 | 6.21 | 3.15 |
| NET Worth | 20.87 | 18.86 | 13.31 |
| Reserves and Surplus | 14.44 | 12.43 | 12.44 |
| Total Borrowing | 2.07 | 1.56 | 3.12 |
| ROE | - |
| ROCE | - |
| Debt/Equity | - |
| RoNW | 22.49% |
| PAT Margin | 6.95% |
| EBITDA Margin | 10.13% |
| Price to Book Value | 2.83 |
IPO Objects of the Issue
| S.No. | Objects of the ipo Resources Detail | IPO Amount |
|---|---|---|
| 1 | Funding capital expenditure requirements for the purchase of equipment/machineries | - |
| 2 | To meet out the expenses of Working Capital Requirement | 9 |
| 3 | To meet out the General Corporate Purposes; | 1.43 |
| 4 | Offer for Sale (OFS) | - |
Luxury Time Ltd.
713,
Pearls Omaxe Building, Tower- 2
Wazirpur, Netaji Subhash Place,
Delhi, New Delhi, 110034
Phone: +91 011-49060989
Email: info@luxurytimeindia.in
Website: http://www.luxurytimeindia.com/
IPO Registrar
MAS Services Ltd.
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp
Luxury Time IPO was an SME book-built issue that opened on December 4, 2025, and closed on December 8, 2025, with a total issue size of ₹18.74 crore.
The IPO was priced at ₹82 per share with a lot size of 1,600 shares. Retail investors were required to apply for a minimum of 3,200 shares, amounting to ₹2,62,400.
Luxury Time IPO is listed on the BSE SME platform. The tentative listing date was December 11, 2025, following allotment on December 9 and demat credit on December 10.
IPO proceeds will be used to set up four new retail stores, meet working capital requirements, and support general corporate purposes to strengthen the company’s retail presence.
In FY2025, Luxury Time reported total income of ₹60.78 crore and profit after tax of ₹4.29 crore, reflecting strong revenue growth, improved profitability, and stable net worth.