Luxury Time Ltd. IPO
BSE SME — Book-built (Fresh + Offer for Sale)
UPCOMINGLuxury Time Ltd. proposes a book-built issue aggregating up to ₹18.74 crore through a mix of fresh issue (≈₹15.00 Cr) and offer for sale (≈₹3.74 Cr). The IPO opens on Dec 4, 2025 and closes on Dec 8, 2025. Tentative allotment is on Dec 9, 2025, refunds & demat credit on Dec 10, 2025, and tentative listing on Dec 11, 2025 on BSE SME. Minimum retail application = 2 lots (3,200 shares) = ₹2,62,400 (at upper band ₹82).
| Face Value | ₹10 per share |
|---|---|
| Price Band | ₹78 to ₹82 per share |
| Lot Size | 1,600 shares |
| Total Issue Size | 22,84,800 shares (aggregating up to ₹18.74 Cr) |
| Reserved for Market Maker | 2,14,400 shares (₹1.76 Cr) — Giriraj Stock Broking Pvt. Ltd. |
| Fresh Issue (Ex MM) | 16,14,400 shares (≈₹13.24 Cr) |
| Offer for Sale | 4,56,000 shares (≈₹3.74 Cr) |
| Net Offered to Public | 20,70,400 shares (≈₹16.98 Cr) |
| Issue Type | Bookbuilding (Fresh + OFS) |
| Listing | BSE SME |
| BRLM / Registrar | GYR Capital Advisors Pvt. Ltd. / MAS Services Ltd. |
| Pre / Post Issue Shares | 64,26,028 / 82,54,828 |
| Investor Category | Allocation |
|---|---|
| Market Maker | 2,14,400 shares (9.38%) |
| QIB | 10,28,800 shares (45.03%) |
| NII (HNI) | 3,13,600 shares (13.73%) |
| Retail (RII) | 7,28,000 shares (31.86%) |
Anchor portion: 6,17,600 shares raising approximately ₹5.06 Cr. Anchor bid date: Dec 3, 2025. Anchor lock-in: 50% — 30 days (ends Jan 8, 2026); remaining 50% — 90 days (ends Mar 9, 2026).
| IPO Open | Thu, Dec 4, 2025 |
|---|---|
| IPO Close | Mon, Dec 8, 2025 |
| Tentative Allotment | Tue, Dec 9, 2025 |
| Initiation of Refunds | Wed, Dec 10, 2025 |
| Credit to Demat | Wed, Dec 10, 2025 |
| Tentative Listing | Thu, Dec 11, 2025 |
| UPI Mandate Cut-off | 5 PM on Mon, Dec 8, 2025 |
| Application | Lots | Shares | Amount (₹ at ₹82) |
|---|---|---|---|
| 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 |
Minimum retail amount shown uses upper band (₹82). Bids must be in multiples of 1,600 shares after the minimum.
Incorporated in 2008, Luxury Time is a Swiss luxury watch distributor and retailer in India, offering distribution, D2C/e-commerce, after-sales servicing, branding/PR support, and distribution of tools & machinery. The company is the authorised distributor for brands including TAG Heuer, Zenith, Bomberg and Exaequo and operates 70+ points of sale across major metros and Tier I/II cities. As of Sep 30, 2025, Luxury Time had 17 employees and two service centres (Mumbai, Delhi) plus 20+ authorized service outlets.
Competitive strengths: authorised distribution rights for premium Swiss brands, established retail footprint, integrated after-sales network, and experience in luxury retail management.
Selected financials (₹ Crore)
| Period Ended | Assets | Total Income | PAT | EBITDA | Net Worth | Total Borrowing |
|---|---|---|---|---|---|---|
| 30 Sep 2025 | 29.87 | 24.91 | 2.01 | 2.94 | 20.87 | 2.07 |
| 31 Mar 2025 | 30.12 | 60.78 | 4.29 | 6.21 | 18.86 | 1.56 |
| 31 Mar 2024 | 25.53 | 50.59 | 2.01 | 3.15 | 13.31 | 3.12 |
KPI (as of Mar 31, 2025): ROCE 29.84% | Debt/Equity 0.08 | RoNW 22.49% | PAT Margin 6.95% | EBITDA Margin 10.13% | P/B 2.83 | Market Cap ≈₹67.69 Cr.
| 1 | Funding capex for setting up 04 new retail stores — ₹2.82 Cr |
|---|---|
| 2 | Working capital requirements — ₹9.00 Cr |
| 3 | General corporate purposes |
Company
- Luxury Time Ltd., 713, Pearls Omaxe Building, Tower-2, Wazirpur, Netaji Subhash Place, Delhi, 110034
- Phone: +91 011-49060989 | Email: info@luxurytimeindia.in
- Website: http://www.luxurytimeindia.com/
Registrar
- MAS Services Ltd. — Phone: (011) 2610 4142 | Email: ipo@masserv.com | Website: https://www.masserv.com/opt.asp