Bookbuilding IPO | ₹19 Cr | Listed at BSE SME | Thu, Dec 4, 2025 - Mon, Dec 8, 2025
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 Open
Thu, Dec 4, 2025
IPO Close
Mon, Dec 8, 2025
Issue Price
₹82 per share
Market Cap (Pre-IPO)
₹67.69 Cr
| 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 cum 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 Giriraj Stock Broking Pvt.Ltd. (agg. up to ₹2 Cr) |
| 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 |
Luxury Time IPO comprises a total issue size of 22,86,400 shares. The net offer to the public is 20,72,000 shares, after excluding 2,14,400 shares allotted on a firm basis. Of the Net offer 10,28,800 (49.65%) are allocated to QIB, 3,13,600 (15.14%) allocated to NII 7,29,600 (35.21%) allocated to RII.
| Investor Category | Shares Offered | % of Net Issue | % of Total Issue |
|---|---|---|---|
| QIB Shares Offered | 10,28,800 | 49.65% | 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 | 15.14% | 13.72% |
| − bNII > ₹10L | 2,08,000 | 9.10% | |
| − sNII < ₹10L | 1,05,600 | 4.62% | |
| Retail Shares Offered | 7,29,600 | 35.21% | 31.91% |
| Firm Reservations | |||
| Market Maker Shares Offered | 2,14,400 | 9.38% | |
| Total Shares Offered | 22,86,400 | 100.00% | 100.00% |
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 |
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 |
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:
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.
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 | ||||
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 |
| KPI | Mar 31, 2025 |
|---|---|
| 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 (₹) | 6.52 | 5.08 |
| P/E (x) | 12.57 | 16.15 |
| Promoter Holding | 95% | 68.43% |
| Market Cap | ₹67.69 Cr. |
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.
| # | 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 |
| Price Details | BSE SME |
|---|---|
| Final Issue Price | ₹82.00 |
| Open | ₹155.80 |
| Low | ₹155.80 |
| High | ₹163.59 |
| Last Trade | ₹163.59 |
Lead Manager Reports
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.
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 Zerodha IPO Application Process Review for more detail.
The Luxury Time IPO opens on Thu, Dec 4, 2025 and closes on Mon, Dec 8, 2025.
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.
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.
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.
The Luxury Time IPO listing date is on Thu, Dec 11, 2025.
