Luxury Time IPO
| DATE | GMP (GREY MARKET PREMIUM) | EXPECTED LISTING GAINS |
|---|---|---|
| 09-Dec-2025 | 98 | 1,56,800 |
| 08-Dec-2025 | 90 | 1,44,000 |
| 07-Dec-2025 | 90 | 1,44,000 |
| 06-Dec-2025 | 90 | 1,44,000 |
| 05-Dec-2025 | 90 | 1,44,000 |
Luxury Time Limited is going public with its IPO, offering investors a chance to participate in the growing premium watch retail segment in India. The IPO opens on 4 December 2025, and the company has already announced all key details, including issue size, price band, and allotment schedule.
The IPO presents an opportunity to invest in a niche segment of luxury goods with growing demand, backed by a company with an established retail network and improving financial performance.
Company Overview
Luxury Time Limited specializes in distribution, retailing, and after-sales servicing of Swiss luxury watches in India. It operates through a network of over 70 retail outlets across key metro and tier-1 cities and also serves customers through e-commerce channels. The company offers a range of premium brands, providing high-margin products along with personalized customer service and warranty support.
This model ensures recurring revenue from both retail and service operations, making the business less dependent on one-time sales. With rising disposable incomes and increasing demand for luxury goods, Luxury Time is positioned for steady growth in India’s luxury retail market.
IPO Details
- IPO Open Date: 4 December 2025
- IPO Close Date: 8 December 2025
- Price Band: ₹78 – ₹82 per share
- Face Value per Share: ₹10
- Lot Size / Minimum Application: 3,200 shares (2 lots minimum), amounting to ~₹2,62,400 at upper price band
- Total Issue Size: ₹18.74 crore
- Fresh Issue: ₹15.00 crore (18,28,800 equity shares)
- Offer for Sale: ₹3.74 crore (4,56,000 equity shares)
- Listing Exchange: BSE SME platform
- Allotment Date (tentative): 9 December 2025
- Listing Date (tentative): 11 December 2025
- GMP: The IPO content mentions GMP to reflect market interest
Proceeds from the IPO will be used to open four new retail stores, support working capital requirements, and meet general corporate purposes. This expansion is expected to increase the company’s retail footprint and support growth.
Financial Performance
For the fiscal year ending March 2025:
- Revenue: ₹60.78 crore
- Profit After Tax (PAT): ₹4.29 crore
The company has shown steady revenue growth and improved profitability. Its focus on premium watches with high margins ensures healthy returns and supports the business model’s scalability.
Key Strengths
- Premium Market Position: Focus on luxury watches ensures high-margin, niche demand.
- Expanding Retail Network: Over 70 points of sale with plans for further expansion.
- Strong Financials: Growing revenue and rising profitability.
- Accessible IPO Size: Modest issue size (~₹18.74 crore) makes it suitable for retail investors.
Market Interest (GMP): GMP mention indicates investor interest and positive sentiment
Key Considerations
- Discretionary Demand: Luxury purchases may fluctuate with economic conditions.
- SME Listing Liquidity: Lower post-listing trading volumes compared to main-board IPOs.
- Execution Risk: Expansion depends on effective deployment of IPO proceeds.
- Competitive Market: Maintaining brand partnerships and customer trust is crucial.