Luxury Time IPO
GMP, Subscription, Price, Dates & Financial Details
Trading
Incorporated in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches in India. The company also distributes specialized tools and equipment used for watch servicing. Headquartered in New Delhi, it is supported by a team of…
Open Date
Thu, 04 Dec 2025
Close Date
Mon, 08 Dec 2025
Price Band
₹ 78 – 82
Lot Size
1600
Issue Size
₹ 18.74 Cr
Minimum Investment
₹ 262,400 (3200 Shares)
Grey Market Premium Analysis
Day Wise GMP→Unofficial premium quoted in the grey market, tracked daily against the price band cap.
Grey market trading is unregulated. GMP figures are indicative only and should not be the sole basis for investment decisions - treat as a sentiment indicator, not a guarantee.
IPO Details
Luxury Time IPO has successfully completed its IPO process and is now listed on BSE SME Platform. According to the Red Herring Prospectus (RHP), the IPO was a book-built issue with a total issue size of ₹18.74 Crore, comprising a fresh issue of 16.14 Lakh equity shares aggregating to ₹13.24 Crore and an offer for sale (OFS) of 4.56 Lakh equity shares aggregating to ₹3.74 Crore by the existing shareholders.
The Luxury Time IPO remained open for subscription from December 04, 2025, to December 08, 2025. The basis of allotment was finalized on December 09, 2025, and the company's shares were listed on BSE SME Platform on December 11, 2025.
The company had fixed the price band at ₹78 to ₹82 per share, with a lot size of 1600 shares. Retail investors were required to make a minimum investment of ₹262,400 (based on the upper price band) to apply for one lot.
Mas Services Limited served as the registrar to the issue. GYR Capital Advisors Private Limited acted as the Book Running Lead Managers (BRLMs) to the issue.
With the successful completion of the IPO process, Luxury Time Limited is now a publicly listed company on BSE SME Platform. Investors can track the company's share price, trading performance, financial results, and corporate announcements through the stock exchanges.
Luxury Time IPO Timeline (Tentative)
- IPO Open Date
- Thu, 04 Dec 25
- IPO Close Date
- Mon, 08 Dec 25
- Basis of Allotment
- Tue, 09 Dec 25
- Initiation of Refunds
- Wed, 10 Dec 25
- Credit of Shares to Demat
- Wed, 10 Dec 25
- Listing Date
- Thu, 11 Dec 25 — NSE & BSE
Open Date
04 December 2025
Close Date
08 December 2025
Basis Of Allotment
09 December 2025
Listing Date
11 December 2025
IPO Subscription
Check Live Subscription →The Luxury Time IPO has received bids for 92,35,05,600 shares against 14,52,800 shares offered, resulting in an overall subscription of 635.67x. the NII category is subscribed 677.63x, Retail Investors 860.53x, and QIBs 205.58x.
QIB
205.58x
NII
677.63x
RII
860.53x
Total
635.67x
IPO Reservations
The Retail Individual Investor (RII) category has the highest allocation with 7,28,000 shares, representing 50.11% of the total issue. Qualified Institutional Buyers (QIBs) are allocated 4,11,200 shares (28.3%), while Non-Institutional Investors (NIIs) receive 3,13,600 shares (21.59%).
| Category | Shares Offered | Shares Offered % |
|---|---|---|
| Qualified Institutions | 411,200 | 28.3% |
| Non-Institutional | 313,600 | 21.59% |
| BNII | 208,000 | 14.32% |
| SNII | 105,600 | 7.27% |
| Retail Investors | 728,000 | 50.11% |
| Total | 1,452,800 | 100% |
Financials Details(₹ in Crores)
| Particular | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 | |
|---|---|---|---|---|
| Assets | 0 | 29.83 | 25.41 | 22.12 |
| Revenue | 0 | 60.78 | 50.59 | 52.86 |
| Profit After Tax | 0 | 4.19 | 1.89 | 2.58 |
| Net Worth | 0 | 18.64 | 13.2 | 11.3 |
| Reserve & Surplus | 0 | 12.21 | 12.32 | 10.43 |
| Total Borrowings | 0 | 1.56 | 3.12 | 2.2 |
Financials Performance
Performance Indicators
EPS Pre
Earnings per share before the IPO.
P/E Pre
IPO Offer Price ÷ EPS Pre.
EPS Post
Expected earnings per share after the IPO..
P/E (Post Issue)
IPO Offer Price ÷ EPS Post.
Luxury Time Limited KPI Information
| Particular | Mar 2025 | Mar 2024 | Mar 2023 |
|---|---|---|---|
| ROCE % | 29.84 | 17.84 | 28.43 |
| Debt / Equity | 0.08 | 0.24 | 0.19 |
| RoNW % | 22.49 | 14.35 | 22.8 |
| Pat Margin % | 6.95 | 3.77 | 4.88 |
Peers Comparison
| Company | Face Value | PE Ratio | EPS Basic | EPS Diluted | RoNW | Net Assets |
|---|---|---|---|---|---|---|
| Luxury Time Limited | 10 | 0.00 | 6.79 | 6.79 | 22.49 | 29.00 |
| Ethos Ltd | 10 | 60.27 | 39.33 | 39.33 | 9.80 | 401.22 |
About Luxury Time Limited
Incorporated in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches in India. The company also distributes specialized tools and equipment used for watch servicing. Headquartered in New Delhi, it is supported by a team of professionals with expertise spanning luxury watch distribution, retail management, precision servicing, and brand marketing.
Business Verticals
The company operates through five integrated business verticals:
- Watch Distribution (B2B)
- Direct-to-Consumer (D2C) and E-commerce Sales
- After-Sales Services
- Branding, PR, and Marketing Support
- Tools and Machinery Distribution
Retail and Geographic Presence
Luxury Time Limited maintains a nationwide retail network comprising 70+ points of sale (POS), including mono-brand boutiques, multi-brand outlets (MBOs), and digital channels. Its presence spans major metros such as Delhi, Mumbai, and Bengaluru, and extends to key Tier I and Tier II cities including Hyderabad, Ahmedabad, Pune, Surat, Kolkata, Chennai, Coimbatore, Chandigarh, Ludhiana, Cochin, and Lucknow.
After-Sales Service Infrastructure
The company’s after-sales network includes two dedicated service centers in Mumbai and Delhi, supported by 20+ authorized and dealer-operated service facilities across India.
Brand Portfolio
Luxury Time Limited represents several renowned Swiss luxury watch brands, including TAG Heuer, Zenith, Bomberg, and Exaequo. It is the authorised distributor for TAG Heuer in India and manages the brand’s official e-commerce platform in the country.
Workforce
As of August 31, 2025, the company employs 19 professionals.
Luxury Time IPO Promoters
- Mr. Ashok Goel
- Mr. Pawan Chohan
Promoters Holding
Holding Pre Issue
95.00%
Holding Post Issue
0.00%
Luxury Time IPO Objective
The Company Luxury Time IPO proposes to utilise the Net Proceeds from the Issue towards the following objects.
- Funding capital expenditure towards setting-up of 04 New Retail Stores
- Funding working capital requirements of our company
- General Corporate Purpose
Luxury Time Limited Address / Contact Details
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 Snapshot
Luxury Time IPO Lot Size
The Luxury Time IPO has a lot size of 1,600 shares. Retail investors require a minimum investment of ₹2,62,400 by applying for 2 lot (3,200 shares). The maximum application allowed for the retail category is 0 lots (0 shares), requiring an investment of ₹.
| Application | Lots | Shares | Amount (₹) |
|---|---|---|---|
| Retail (Min) | 2 | 3,200 | 262,400.00 |
| Retail (Min) | 2 | 3,200 | 262,400.00 |
| S-HNI (Min) | 3 | 4,800 | 393,600.00 |
| S-HNI (Max) | 7 | 11,200 | 918,400.00 |
| B-HNI (Min) | 8 | 12,800 | 1,049,600.00 |
Issue Reservation
- QIB — 28.3%
- NII — 21.59%
- RII — 50.11%
Book Running Lead Managers
- GYR Capital Advisors Private Limited
IPO Documents & Links
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Disclaimer: This data is for informational purposes only and does not constitute investment advice.
Frequently Asked Questions
Everything you need to know before applying to an IPO.
What is the Luxury Time IPO?
Luxury Time IPO is a Book-building IPO with a total issue size of ₹18.74 crore. The Luxury Time IPO price band is ₹78 to 82 per share. The Luxury Time IPO subscription opens on Thu, Dec 4, 2025, and closes on Mon, Dec 8, 2025. The Luxury Time IPO will be listed on the BSE. Mas Services Limited is the registrar for the Luxury Time IPO.
When will the Luxury Time IPO open for subscription?
The Luxury Time IPO opens on Thu, Dec 4, 2025 and closes on Mon, Dec 8, 2025
What is Luxury Time IPO Price Band?
Luxury Time IPO Price Band is ₹78 to 82 per share.
What is Luxury Time IPO Lot Size?
Luxury Time IPO lot size is 1600 shares, Retail investors need a minimum investment of ₹262400 based on the upper price band
What is the minimum investment for Luxury Time IPO?
The minimum investment for Luxury Time IPO is ₹262400, based on one lot of 1600 shares at the upper price band of ₹82 per share.
How to apply for Luxury Time IPO?
Investors can apply for the Luxury Time IPO through the ASBA (Application Supported by Blocked Amount) facility offered by their bank or through UPI using a SEBI-registered broker or trading app. Select the desired lot size, enter your bid within the price band, and submit the application before Mon, Dec 8, 2025. The application amount remains blocked until the Luxury Time IPO allotment is finalized.
What is Luxury Time IPO Issue Size?
Luxury Time IPO issue size is ₹18.74 crores.
What is the Luxury Time IPO Allotment Date?
Luxury Time IPO allotment date is Tue, Dec 9, 2025.
Who is the Luxury Time IPO Registrar?
The registrar for Luxury Time IPO is Mas Services Limited. Investors can go to Mas Services Limited website to check Luxury Time IPO allotment status, refund processing, and other IPO-related information.
What is the Luxury Time IPO GMP?
The Luxury Time IPO GMP (Grey Market Premium) is ₹99 as of Tue, Dec 9, 2025. Based on the upper price band of ₹82 per share, the estimated Luxury Time IPO listing price is ₹181, indicating a potential listing gain of approximately 120.73% over the issue price.
Who is the Luxury Time IPO Lead Manager?
The book-running lead managers (BRLMs) for the Luxury Time IPO are GYR Capital Advisors Private Limited. The lead managers are responsible for managing the IPO process, including issue structuring, regulatory compliance, marketing the public issue, coordinating with investors, and ensuring a smooth listing process. For complete details, investors should refer to the Luxury Time IPO Red Herring Prospectus (RHP).