
Luxury Time Limited, established in 2008, is a prominent player in India's luxury watch market, specializing in the distribution, marketing, and after-sales servicing of premium Swiss timepieces. The company holds exclusive distributorship rights for renowned brands such as TAG Heuer, Zenith, Bomberg, and Exaequo, managing a network of over 70 points of sale across major Indian cities. Its business model is diversified across five verticals: B2B watch distribution, D2C and e-commerce, after-sales services, branding support, and the exclusive distribution of horological tools from Bergeon and Horotec. Additionally, Luxury Time Limited operates mono-brand boutiques through a joint venture, reinforcing its integrated presence in the luxury ecosystem.
Dec 04, 2025
Dec 08, 2025
Dec 11, 2025
SME
Closed
18.74 Cr
15 Cr
3.74 Cr
₹78 - ₹82
1600
The main objectives for which the company intends to use the net proceeds from the Fresh Issue are as follows:
Funding capital expenditure of up to ₹281.76 lakhs towards the establishment of four new company-owned retail stores in key cities like Delhi, Amritsar, Indore, and Dehradun to expand its physical retail footprint and enhance direct customer engagement.
Allocation of up to ₹900.00 lakhs to meet the company's incremental working capital requirements, primarily for stocking inventory at new stores and supporting the overall operational growth of the business.
To utilize the remaining funds for general corporate purposes, which may include strategic initiatives, marketing, brand building, and other operational expenses to support business growth.
2.83
0.18
22.49%
29.84%
22.49%
—
6.95%
10.13%
2.83
Exclusive distributorship rights for globally recognized Swiss luxury watch brands like TAG Heuer and Zenith.
Integrated business model with five verticals covering distribution, D2C, after-sales, marketing, and tools.
Extensive distribution network with over 70 points of sale and a robust service network across India.
Experienced promoters with over 27 years of collective experience in the luxury retail and Swiss watch industry.
High dependency on the performance and brand value of a limited number of luxury brands.
Significant working capital requirements to maintain an inventory of high-value luxury watches.
Susceptibility of sales to economic downturns, as luxury goods are discretionary purchases.
Limited presence in company-owned exclusive retail stores, with plans for expansion funded by the IPO.
Growing affluent population and rising disposable incomes in India, driving demand for luxury goods.
Expansion into untapped Tier-II and Tier-III cities with growing consumer aspirations.
Increasing fashion consciousness among Indian consumers, leading to higher demand for watches as style accessories.
Potential for strategic collaborations with international fashion and lifestyle brands to create exclusive products.
Intense competition from counterfeit products and unauthorized grey-market operators.
Adverse impact of high import duties (currently 20%) on the final price and demand for luxury watches.
Fluctuations in foreign currency exchange rates can negatively affect import costs and profitability.
Potential changes in government regulations, trade policies, or tax structures affecting luxury goods.
Luxury Time Limited, established in 2008, is a prominent player in India's luxury watch market, specializing in the distribution, marketing, and after-sales servicing of premium Swiss timepieces. The company holds exclusive distributorship rights for renowned brands such as TAG Heuer, Zenith, Bomberg, and Exaequo, managing a network of over 70 points of sale across major Indian cities. Its business model is diversified across five verticals: B2B watch distribution, D2C and e-commerce, after-sales services, branding support, and the exclusive distribution of horological tools from Bergeon and Horotec. Additionally, Luxury Time Limited operates mono-brand boutiques through a joint venture, reinforcing its integrated presence in the luxury ecosystem.
The Luxury Time Ltd. IPO is scheduled to open for subscription on Dec 04, 2025 and close on Dec 08, 2025. Investors can apply for shares during this period through eligible platforms.
The price band for the Luxury Time Ltd. IPO is ₹78 to ₹82. Investors can place bids within this range once the issue opens.
The minimum lot size for the Luxury Time Ltd. IPO is 1600 shares. The minimum investment amount ₹1,31,200.
The total issue size of the Luxury Time Ltd. IPO is approximately ₹18.74. Issue size represents the total value of shares offered to the public.
As per the latest available information, the Luxury Time Ltd. IPO has been subscribed 85.9 times. Subscription levels can change significantly during the offer period.
The Grey Market Premium (GMP) for the Luxury Time Ltd. IPO is not available as of now. GMP reflects unofficial market sentiment and should not be considered a guarantee of listing performance.
The shares of Luxury Time Ltd. are expected to list on stock exchanges on Dec 11, 2025, subject to completion of the allotment process and regulatory approvals.
The net proceeds from the Luxury Time Ltd. IPO are proposed to be used for The main objectives for which the company intends to use the net proceeds from the Fresh Issue are as follows:, Funding capital expenditure of up to ₹281.76 lakhs towards the establishment of four new company-owned retail stores in key cities like Delhi, Amritsar, Indore, and Dehradun to expand its physical retail footprint and enhance direct customer engagement., Allocation of up to ₹900.00 lakhs to meet the company's incremental working capital requirements, primarily for stocking inventory at new stores and supporting the overall operational growth of the business., To utilize the remaining funds for general corporate purposes, which may include strategic initiatives, marketing, brand building, and other operational expenses to support business growth.
Before applying for the Luxury Time Ltd. IPO, investors generally review the company’s business model, financial performance, valuation, industry outlook, and risk factors mentioned in the offer document.