About
Luxury Time IPO is a book build issue of ₹18.74 crores. The issue is 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 IPO bidding started from Dec 4, 2025 and ended on Dec 8, 2025. The allotment for Luxury Time IPO was finalized on Dec 9, 2025. The shares got listed on BSE SME on Dec 11, 2025.
Luxury Time IPO price band is set at ₹82 per share. The lot size for an application is 1,600. The minimum amount of investment required by an individual investor (retail) is ₹2,62,400 (3,200 shares) (based on upper price). The minimum lot size for investment in HNI is 3 lots (4,800 shares), amounting to ₹3,93,600.
GYR Capital Advisors Pvt.Ltd. is the book running lead manager and MAS Services Ltd. is the registrar of the issue. The Market Maker of the company is Giriraj Stock Broking Pvt.Ltd..
Refer to Luxury Time IPO RHP for detailed Information.
IPO Stock Quote & Charts
IPO Open
Thu, Dec 4, 2025
IPO Close
Mon, Dec 8, 2025
Issue Price
₹82 per share
Market Cap (Pre-IPO)
₹67.69 Cr
IPO Details
| IPO Date | 4 to 8 Dec, 2025 |
| Listed on | Thu, Dec 11, 2025 |
| Face Value | ₹10 per share |
| Price Band | ₹78 to ₹82 |
| Issue Price | ₹82 per share |
| Lot Size | 1,600 Shares |
| Sale Type | Fresh Capital & OFS |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE SME |
| Total Issue Size | 22,84,800 shares (agg. up to ₹19 Cr) |
| Reserved for Market Maker | 2,14,400 shares (agg. up to ₹2 Cr) Giriraj Stock Broking Pvt.Ltd. |
| Fresh Issue | (Ex Market Maker)16,14,400 shares (agg. up to ₹13 Cr) |
| Offer for Sale | 4,56,000 shares of ₹10 (agg. up to ₹4 Cr) |
| Net Offered to Public | 20,70,400 shares (agg. up to ₹17 Cr) |
| Share Holding Pre Issue | 64,26,028 shares |
| Share Holding Post Issue | 82,54,828 shares |
| BSE Script Code | 544635 |
| ISIN | INE1CJB01013 |
IPO Timetable (Tentative)
- IPO OpenThu, Dec 4, 2025
- IPO CloseMon, Dec 8, 2025
- AllotmentTue, Dec 9, 2025
- RefundWed, Dec 10, 2025
- Credit of SharesWed, Dec 10, 2025
- ListingThu, Dec 11, 2025
IPO Reservation
Luxury Time IPO offers total 22,86,400 shares. Out of which 10,28,800 (45.00%) allocated to QIB, 4,11,200 (17.98%) allocated to QIB (Ex- Anchor), 3,13,600 (13.72%) allocated to
NII
7,29,600 (31.91%) allocated to RII and 6,17,600 (27.01%) allocated to Anchor investors.
| Investor Category | Shares Offered |
|---|---|
| Market Maker Shares Offered | 2,14,400 (9.38%) |
| QIB Shares Offered | 10,28,800 (45.00%) |
| − Anchor Investor Shares Offered | 6,17,600 (27.01%) |
| − QIB (Ex. Anchor) Shares Offered | 4,11,200 (17.98%) |
| NII (HNI) Shares Offered | 3,13,600 (13.72%) |
| − bNII > ₹10L | 2,08,000 (9.10%) |
| − sNII < ₹10L | 1,05,600 (4.62%) |
| Retail Shares Offered | 7,29,600 (31.91%) |
| Total Shares Offered | 22,86,400 (100.00%) |
IPO Lot Size
Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.
| 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 |
IPO Anchor Investors
Luxury Time IPO raises ₹5.06 crore from anchor investors. Luxury Time IPO Anchor bid date is December 3, 2025.
📝 Anchor Investors Letter (PDF)
| Bid Date | Wed, Dec 3, 2025 |
| Shares Offered | 6,17,600 |
| Anchor Portion (₹ Cr.) | 5.06 |
| Anchor lock-in period end date for 50% shares (30 Days) | Thu, Jan 8, 2026 |
| Anchor lock-in period end date for remaining shares (90 Days) | Sun, Mar 8, 2026 |
About Luxury Time Ltd.
Incorporated in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches, along with the distribution of watch service-related tools and equipment in India. Headquartered in New Delhi, the company is supported by a team of professionals with expertise in luxury watch distribution, retail management, precision servicing, and brand marketing.
The company operates across 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
Luxury Time Limited maintains a retail footprint of over 70 points of sale (POS) across India, including mono-brand boutiques, multi-brand outlets (MBOs), and digital platforms. Its presence covers major metropolitan 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.
The company’s after-sales network includes two service centers in Mumbai and Delhi, supported by 20+ authorized and dealer-operated facilities across the country.
Luxury Time Limited’s brand portfolio features renowned Swiss luxury watch brands, including TAG Heuer, Zenith, Bomberg, and Exaequo. The company is the authorised distributor for TAG Heuer in India and manages its official e-commerce platform in the country.
As of September 30, 2025, the company has 17 employees.
Company Financials (Restated Consolidated)
Luxury Time Ltd.’s revenue increased by 20% and profit after tax (PAT) rose by 114% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 30 Sep 2025 | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|---|
| Assets | 29.87 | 30.12 | 25.53 | 22.12 |
| Total Income | 24.91 | 60.78 | 50.59 | 52.86 |
| Profit After Tax | 2.01 | 4.29 | 2.01 | 2.58 |
| EBITDA | 2.94 | 6.21 | 3.15 | 3.97 |
| NET Worth | 20.87 | 18.86 | 13.31 | 11.30 |
| Reserves and Surplus | 14.44 | 12.43 | 12.44 | 10.43 |
| Total Borrowing | 2.07 | 1.56 | 3.12 | 2.20 |
| Amount in ₹ Crore | ||||
IPO Objects of the Issue
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Funding capital expenditure towards setting-up of 04 New Retail Stores | 2.82 |
| 2 | Funding working capital requirements | 9.00 |
| 3 | General Corporate Purpose | 1.43 |
Key Performance Indicator (KPI)
KPI as of Mon, Mar 31, 2025.
| 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 |
| Pre IPO | Post IPO | |
|---|---|---|
| EPS Rs | 6.52 | 5.08 |
| P/E (x) | 12.57 | 16.15 |
| Promoter Holding | 95% | 68.43% |
| Market Cap | ₹67.69 Cr. |
- The value will be calculated using Equity Dilution = Share Holding Pre Issue – Share Holding Post Issue
- The Pre IPO EPS is calculated based on Pre issue shareholding as on date of RHP and the latest FY earnings as of March 31, 2025 available in RHP.
- The Post Issue EPS is calculated based on the Post issue shareholding and annualized FY earnings of March 31, 2025 available in RHP.
IPO Review
Luxury Time IPO Recommendations
| Review By | Subscribe | May Apply | Neutral | Avoid |
|---|---|---|---|---|
| Brokers | 0 | 0 | 0 | 0 |
| Members | 0 | 0 | 0 | 1 |
Luxury Time IPO Subscription Status (Bidding Detail)
The Luxury Time IPO is subscribed 635.53 times on December 8, 2025 6:19:33 PM (Day 3). The public issue subscribed 860.53 times in the individual investors category, 205.58 times in the QIB category, and 676.95 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category |
Subscription (times) | Shares Offered | Shares bid for | Total Application |
|---|---|---|---|---|
| QIB (Ex Anchor) | 205.58 | 4,11,200 | 8,45,32,800 | 0 |
| NII* | 676.95 | 3,13,600 | 21,22,91,200 | 0 |
| bNII (bids above ₹10L) | 701.97 | 2,08,000 | 14,60,09,600 | |
| sNII (bids below ₹10L) | 627.67 | 1,05,600 | 6,62,81,600 | |
| Individual Investor | 860.53 | 7,28,000 | 62,64,67,200 | 0 |
| Total | 635.53 | 14,52,800 | 92,32,91,200 | 2,20,119 |
Total Application : 2,20,119
*Market Maker portion is not included to NII/HNI.
IPO Expenses
| # | Issue Expenses | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Book Running Lead Manager Fees | 0.30 |
| 2 | Underwriting Fees | 0.73 |
| 3 | Fees payable to the Market maker to the Issue | 0.12 |
| 4 | Fees payable to the Registrar to the Issue | 0.06 |
| 5 | Fees payable for Advertising and Publishing Expense | 0.04 |
| 6 | Fees payable to Regulators including Stock Exchange & Depositories | 0.15 |
| 7 | Payment for Printing & Stationary, Postage etc. | 0.00 |
| 8 | Fees payable to statutory auditors, Legal Advisors & other Professionals | 0.21 |
| 9 | Other Expense | 0.12 |
Listing Day Trading Information
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹82.00 |
| Open | ₹155.80 |
| Low | ₹155.80 |
| High | ₹163.59 |
| Last Trade | ₹163.59 |
Check IPO Performance…
IPO Registrar
MAS Services Ltd.
- (011) 2610 4142
- ipo@masserv.com
- Visit Website
IPO Lead Manager(s)
- GYR Capital Advisors Pvt.Ltd. (Past IPO Performance)
Lead Manager Reports
- Lead Manager Performance Summary
- Lead Manager Performance Tracker
Contact Details
- +91 011-49060989
- info@luxurytimeindia.in
- Visit Website
IPO FAQs
What is the Luxury Time IPO?
Luxury Time IPO is a SME IPO of 22,84,800 equity shares of the face value of ₹10 aggregating up to ₹19 Crores. The issue is priced at ₹82 per share. The minimum order quantity is 1600.
The IPO opens on Thu, Dec 4, 2025, and closes on Mon, Dec 8, 2025.
MAS Services Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE SME.
How to apply in Luxury Time IPO through Zerodha?
Zerodha customers can apply online in Luxury Time IPO using UPI as a payment gateway. Zerodha customers can apply in Luxury Time IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Luxury Time IPO through Zerodha
- Visit the Zerodha website and login to Console.
- Go to Portfolio and click the IPOs link.
- Go to the ‘Luxury Time IPO‘ row and click the ‘Bid’ button.
- Enter your UPI ID, Quantity, and Price.
- Submit IPO application form.
- Visit the UPI App (net banking or BHIM) to approve the mandate.
Visit Zerodha IPO Application Process Review for more detail.
When Luxury Time IPO will open?
The Luxury Time IPO opens on Thu, Dec 4, 2025 and closes on Mon, Dec 8, 2025.
What is the lot size of Luxury Time IPO?
Luxury Time IPO lot size is 1600, and the minimum amount required for application is ₹2,62,400, with 2 lots being the minimum application size.
How to apply for Luxury Time IPO?
You can apply in Luxury Time IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don’t offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
When is Luxury Time IPO allotment?
The finalization of Basis of Allotment for Luxury Time IPO will be done on Tuesday, December 9, 2025, and the allotted shares will be credited to your demat account by Wed, Dec 10, 2025. Check the Luxury Time IPO allotment status.
When is Luxury Time IPO listing date ?
The Luxury Time IPO listing date is on Thu, Dec 11, 2025.
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