Luxury Time IPO is a book-built issue worth ₹18.74 crore. The IPO comprises a fresh issue of 0.18 crore shares aggregating to ₹15.00 crore and an offer for sale of 0.05 crore shares aggregating to ₹3.74 crore.
The IPO opens for subscription on December 4, 2025, and closes on December 8, 2025. The allotment is expected to be finalised on December 9, 2025, with tentative listing on BSE SME scheduled for December 11, 2025.
The IPO is priced in a band of ₹78 – ₹82 per share. Retail investors must apply for a minimum of 2 lots comprising 3,200 shares, requiring an investment of ₹2,62,400 at the cut-off price.
HNI investors must apply for a minimum of 3 lots (4,800 shares), amounting to ₹3,93,600. GYR Capital Advisors Pvt. Ltd. is the book-running lead manager to the issue, and MAS Services Ltd. is the registrar.
Giriraj Stock Broking Pvt. Ltd. is the market maker for the IPO. For detailed information on company financials, business operations, and associated risks, investors are advised to refer to the Luxury Time IPO RHP.
Industry Outlook
- India’s watch market is valued at USD 3.87 billion and is expanding steadily.
- Growth is fuelled by higher disposable incomes, stronger fashion orientation, and increasing smartwatch adoption.
- Metro cities such as Mumbai, Delhi, and Bengaluru lead due to higher purchasing power and premium brand presence.
- International brands and e-commerce growth are intensifying competition.
- A 20% import duty under Make in India supports local manufacturing but raises prices of imported watches.
- Key growth drivers include the expanding middle class, rising fashion awareness, technology integration, and improving rural incomes.
- Premiumisation is accelerating, requiring brands to balance exclusivity and affordability.
Luxury Time IPO Objectives
The company proposes to utilise the net proceeds from the IPO for the following objectives:
- Expand retail footprint by establishing four new luxury watch boutiques in strategic metropolitan locations. This initiative includes investment in premium store interiors, advanced point-of-sale systems, and inventory to strengthen brand presence and enhance customer experience.
- Augment working capital to support the company’s growing operations across distribution, e-commerce, and after-sales service. This will ensure timely procurement of high-value inventory, efficient supply chain management, and improved liquidity for day-to-day business requirements.
- Fund general corporate purposes, including administrative expenses, brand-building initiatives, and technology upgrades aimed at improving operational efficiency and customer engagement across multiple channels.
- Enhance market visibility and governance standards through listing on the SME Platform of BSE, thereby fostering investor confidence, improving access to capital markets, and enabling future growth through strategic collaborations and partnerships.
About Luxury Time Limited
Luxury Time Limited was originally incorporated as Luxury Time Private Limited on August 22, 2008 under the Companies Act, 1956. It was later converted into a public limited company and renamed Luxury Time Limited on February 24, 2025, following a special resolution passed on January 13, 2025.
The company operates in the premium horology sector, focusing on the distribution, retailing, marketing, and after-sales servicing of Swiss luxury watches in India. It is the exclusive authorised distributor for globally recognised brands such as TAG Heuer, Zenith, Bomberg, and Exaequo. Additionally, Luxury Time Limited distributes precision tools and equipment from leading Swiss manufacturers Bergeon and Horotec, catering to watchmakers and jewellery professionals.
Headquartered in New Delhi, the company has built a strong retail presence with over 70 points of sale across major metropolitan and Tier I cities. Its retail network includes mono-brand boutiques, multi-brand outlets, and e-commerce platforms. The company also operates exclusive boutiques through joint ventures in premium malls such as Palladium Mall, Mumbai and Mall of Asia, Bengaluru.
Luxury Time Limited maintains a robust after-sales service infrastructure, comprising two dedicated service centres in Mumbai and Delhi and a network of more than 20 authorised facilities nationwide. This ensures adherence to global service standards and enhances customer confidence in its offerings.
The company’s growth strategy is centred on expanding its retail footprint, strengthening digital channels, and leveraging brand partnerships to capture the rising demand for luxury and technologically advanced timepieces in India. By combining premium brand positioning with operational excellence, Luxury Time Limited aims to consolidate its leadership in the luxury watch distribution and retail segment.
How To Check the Allotment Status of the Luxury Time IPO?
Steps to check IPO allotment status on Angel One’s app:
- Log in to the Angel One app.
- Go to the IPO Section and then to IPO Orders.
- Select the individual IPO that you had applied for and check the allotment status.
- Angel One will notify you of your IPO allotment status via push notification and email.
How To Apply for Luxury Time IPO Online?
- Login to Your Angel One Account: Open the Angel One app or website and log in with your credentials.
- Locate the IPO Section: Navigate to the 'IPO' section on the platform.
- Select IPO: Find and select the Luxury Time IPO from the list of open IPOs.
- Enter the Lot Size: Specify the number of lots you want to bid for.
- Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application.
- Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN.
Contact Details of Luxury Time IPO
Registered Office: 713, Pearls Omaxe Building, Tower-2, Wazirpur, Netaji Subhash Place, Delhi – 110034, India.
Phone: +91 011-49060989
E-mail: info@luxurytimeindia.com
