Luxury Time IPO is a book-built issue IPO, aiming to raise ₹18.74 crore. It comprises a fresh issue of 0.18 crore equity shares aggregating to ₹15.00 crore and an offer for sale of 0.05 crore equity shares amounting to ₹3.74 crore. The bidding window was open from December 4, 2025, to December 8, 2025, with the IPO allotment to be finalised on December 9, 2025. Luxury Time is scheduled to list on BSE SME on December 11, 2025.
The IPO was priced at ₹78–₹82 per share with a lot size of 1,600 shares. The public issue received bids for 92,32,91,200 shares against 14,52,800 shares available, resulting in an overall subscription of 635.53 times. Retail investors subscribed 860.53 times, followed by NIIs at 676.95 times and QIBs at 205.58 times.
Luxury Time's ₹18.74 crore IPO, priced at ₹78–₹82 per share, was subscribed 635.53 times overall. The IPO is a fresh issue of 0.18 crore equity shares aggregating to ₹15.00 crore and an offer for sale of 0.05 crore equity shares amounting to ₹3.74 crore.
Bidding took place from December 4 to December 8, 2025, with the Luxury Time IPO allotment status on December 9, 2025. Retail investors subscribed 860.53 times and NIIs 676.95 times. Listing is expected on December 11, 2025.
The table below breaks down the Luxury Time share allocation for different categories, highlighting the number of shares and their percentage of the total issue. However, the key focus remains on the quotas allocated to retail investors and HNIs, as they are the most relevant for individual investors.
| Investor Category | Shares Offered |
| Market Maker Shares Offered | 2,14,400 (9.38%) |
| QIB Shares Offered | 10,28,800 (45.03%) |
| − Anchor Investor Shares Offered | 6,17,600 (27.03%) |
| − QIB (Ex. Anchor) Shares Offered | 4,11,200 (18.00%) |
| NII (HNI) Shares Offered | 3,13,600 (13.73%) |
| − bNII > ₹10L | 2,08,000 (9.10%) |
| − sNII < ₹10L | 1,05,600 (4.62%) |
| Retail Shares Offered | 7,28,000 (31.86%) |
| Total Shares Offered | 22,84,800 (100.00%) |
Data Source: BSE
| Category | Subscription (times) |
| Qualified Institutional Buyers (QIB) | 205.58 |
| Non-Institutional Investors (NII) | 676.95 |
| Retail Individual Investors (RII) | 860.53 |
| Total | 635.53 |
Note: The subscription details are as of December 8, 2025
Luxury Time Limited was incorporated in 2008 and operates in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches in India. The company has expanded steadily over the years, leveraging a specialised team and a multi-channel business model to strengthen its presence in the premium watch market.
The company operates through five verticals: watch distribution (B2B), direct-to-consumer and e-commerce sales, after-sales services, branding and PR support, and the distribution of tools and machinery. This integrated structure enables the company to engage with customers and brands at multiple stages of the luxury watch value chain.
Luxury Time maintains over 70 points of sale across India, including mono-brand boutiques, multi-brand outlets, and online platforms. Its retail footprint spans major metros such as Delhi, Mumbai, and Bengaluru, and extends to Tier I and Tier II cities including Hyderabad, Ahmedabad, Pune, Surat, Kolkata, Chennai, Coimbatore, Chandigarh, Ludhiana, Cochin, and Lucknow. The company also operates two service centres, in Mumbai and Delhi, supported by more than 20 authorised and dealer-operated facilities.
The company’s brand portfolio includes TAG Heuer, Zenith, Bomberg, and Exaequo. Luxury Time is also the authorised distributor for TAG Heuer in India and manages its official e-commerce platform. As of September 30, 2025, the company has 17 employees, supported by a promoter group led by Mr. Ashok Goel and Mr. Pawan Chohan.
Know more about IPO allotment status and check your application details online for the latest updates on share allocation.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Dec 8, 2025, 6:42 PM IST
Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
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