Luxury Time IPO
Luxury Time IPO is a book-built issue of Rs. 18.74 crore, comprising a fresh issue of 0.18 crore shares (Rs. 15 crore) and an offer for sale of 0.05 crore shares (Rs. 3.74 crore).
The IPO opens on December 4, 2025 and closes on December 8, 2025, with tentative listing on BSE SME on December 11, 2025.
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Luxury Time IPO Details
| Particulars | Details |
|---|---|
| IPO Date | December 4, 2025 to December 8, 2025 |
| Listing Date | December 11, 2025 (Tentative) |
| Face Value | Rs. 10 per share |
| Issue Price Band | Rs. 78 to Rs. 82 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Issue + Offer for Sale |
| Total Issue Size | 22,84,800 shares (Rs. 18.74 Cr) |
| Market Maker Portion | 2,14,400 shares (Rs. 1.76 Cr) |
| Fresh Issue (Ex MM) | 16,14,400 shares (Rs. 13.24 Cr) |
| Offer for Sale | 4,56,000 shares (Rs. 3.74 Cr) |
| Net Offered to Public | 20,70,400 shares (Rs. 16.98 Cr) |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Pre-Issue Share Capital | 64,26,028 shares |
| Post-Issue Share Capital | 82,54,828 shares |
Luxury Time IPO Reservation
| Investor Category | Shares Offered |
|---|---|
| QIB | Not more than 50% of Net Offer |
| Retail | Not less than 35% of Net Offer |
| NII | Not less than 15% of Net Offer |
Luxury Time IPO Timeline
| Event | Date |
|---|---|
| IPO Open Date | Thu, Dec 4, 2025 |
| IPO Close Date | Mon, Dec 8, 2025 |
| Allotment Finalisation | Tue, Dec 9, 2025 |
| Refund Initiation | Wed, Dec 10, 2025 |
| Shares to Demat | Wed, Dec 10, 2025 |
| Listing Date | Thu, Dec 11, 2025 |
| UPI Cut-off | 5 PM on Mon, Dec 8, 2025 |
Luxury Time IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail – Min | 2 | 3,200 | Rs. 2,62,400 |
| Retail – Max | 2 | 3,200 | Rs. 2,62,400 |
| S-HNI – Min | 3 | 4,800 | Rs. 3,93,600 |
| S-HNI – Max | 7 | 11,200 | Rs. 9,18,400 |
| B-HNI – Min | 8 | 12,800 | Rs. 10,49,600 |
Luxury Time IPO Promoter Holding
| Particulars | Percentage |
|---|---|
| Promoter Holding Pre Issue | 95% |
| Promoter Holding Post Issue | (To be updated post dilution) |
About Luxury Time Ltd.
Luxury Time Ltd., incorporated in 2008, is engaged in distribution, marketing, retailing and after-sales servicing of Swiss luxury watches in India.
The company distributes and manages premium brands including TAG Heuer, Zenith, Bomberg, and Exaequo, and is the authorised distributor for TAG Heuer nationwide.
Luxury Time operates 70+ points of sale, covering metro cities and Tier I/II markets through mono-brand boutiques, MBOs and online platforms. Its after-sales network includes two service centres and 20+ authorised service partners across India.
Business Verticals:
• B2B Watch Distribution
• D2C & E-commerce Retail
• After-Sales Services
• Brand PR & Marketing
• Tools & Machinery Distribution
As of August 31, 2025, the company has 19 employees.
Luxury Time Ltd. Financials (Restated Consolidated)
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 29.83 | 25.41 | 22.12 |
| Total Income | 60.78 | 50.59 | 52.86 |
| PAT | 4.19 | 1.89 | 2.58 |
| EBITDA | 6.16 | 3.07 | 4.02 |
| Net Worth | 18.64 | 13.20 | 11.30 |
| Reserves | 12.21 | 12.32 | 10.43 |
| Borrowings | 1.56 | 3.12 | 2.20 |
Key Performance Indicators
| KPI | Value |
|---|---|
| ROCE | 29.84% |
| RoNW | 22.49% |
| PAT Margin | 6.95% |
| EBITDA Margin | 10.13% |
| Debt/Equity | 0.08 |
| Price to Book | 2.83 |
| Market Cap | Rs. 67.69 Cr |
Objects of the Issue
| S.No. | Object | Amount (Rs. Cr) |
|---|---|---|
| 1 | Capex for setting up 4 new retail stores | 2.82 |
| 2 | Working capital requirements | 9.00 |
| 3 | General corporate purposes | — |
Luxury Time Ltd. Contact Details
Luxury Time Ltd.
713, Pearls Omaxe Building, Tower–2
Wazirpur, Netaji Subhash Place
Delhi – 110034
Phone: +91 011-49060989
Email: info@luxurytimeindia.in
Website: www.luxurytimeindia.com
Lead Manager(s)
GYR Capital Advisors Pvt. Ltd.
Registrar
MAS Services Ltd.
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: https://www.masserv.com/opt.asp
IPO REVIEW – Luxury Time IPOÂ
Luxury Time Ltd. operates in India’s expanding luxury lifestyle segment, driven by rising premium consumption in metros and Tier-I/II cities. The company distributes and retails leading Swiss brands like TAG Heuer, Zenith and Bomberg, giving it a strong competitive edge in brand portfolio and positioning. Revenue grew 20% in FY25 while PAT surged 121%, reflecting improving operating leverage and expanding retail footprint.
The business model benefits from multi-channel presence—boutiques, MBOs, and digital platforms—along with a robust after-sales network that enhances customer retention. With low debt, strong return ratios (ROCE 29.84%, RoNW 22.49%) and healthy margins, the company appears fundamentally stable. IPO proceeds aimed at new store expansion and working capital will support growth. Overall, this SME IPO sits in the premium niche category with moderate risk and steady-growth potential.
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Disclaimer
This coverage is for informational and educational purposes. Chanakya Ni Pothi does not deal in Grey Market Premiums or recommend investments based on GMP data. Please consult your SEBI-registered investment advisor.

November 28, 2025
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