Luxury Time IPO: Price, GMP, Analysis, And Details

Luxury Time IPO- Company Analysis

Luxury Time IPO under the SME IPO category is a book build issue of Rs. 18.74 Cr by Luxury Time Ltd., and is engaged in the distribution, marketing, retailing, and after-sales maintenance of Swiss luxury timepieces, along with the distribution of watch service-related instruments and equipment in India. The company is supported by a team of professionals with expertise in luxury watch distribution, retail management, precise maintenance etc.

The organization operates across five interconnected business segments:

• Distribution of Watches (B2B)

• E-commerce and Direct-to-Consumer (D2C) Sales

• Post-Sale Services

• Branding, PR, and Marketing Support

• Distribution of Tools and Machinery

In India, Luxury Time Limited operates more than 70 points of sale (POS), including digital platforms, multi-brand outlets (MBOs), and mono-brand boutiques.

The company’s after-sales network includes two service centers in Mumbai and Delhi, supplemented by 20+ authorized and dealer-operated facilities around the country

Luxury Time IPO Details

The Luxury Time IPO date of opening is 04 December 2025, its initial public offering will end on 08 Dec, IPO allotment on Dec 09 and refund initiation on Dec 10, 2025.

The Rs. 18.74 crore new SME IPO comprises a combination of fresh issue of 0.18 crore shares (Rs. 15 Cr) and offer for sale of 0.05 crore shares (Rs. 3.74 Cr).

The Luxury Time IPO listing date (expected) might be on Thursday, Dec 11, 2025, and listing at the BSE and SME. 

The Luxury Time IPO price band is Rs. 78 to Rs. 82.

IPO Timetable (Tentative)

Events	Date
IPO Opening Date	Dec 04, 2025
IPO Closing Date	Dec 08, 2025
IPO Allotment Date	Dec 09, 2025
Refund Initiation	Dec 10, 2025
IPO Listing Date	Dec 11, 2025

 

Click to open demat account and apply for the IPO.

 

 

Company Financials

(Amount in Cr)

Particulars	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	30.12	25.53	22.12
Total Income	60.78	50.59	52.86
PAT	4.29	2.01	2.58
EBITDA	6.21	3.15	3.97
Net Worth	18.86	13.31	11.30
Reserves & Surplus	12.43	12.44	10.43
Total Borrowing	1.56	3.12	2.20

 

Cash Flows

(Amount in lac)

Net Cash Flow	31 Mar 2025	31 Mar 2024	31 Mar 2023
Net Cash Flow Operating Activities	(32.66)	269.93	(122.66)
Net Cash Flow Investing Activities	(65.29)	(1.00)	(2.86)
Net Cash Flow Financing Activities	(63.58)	60.64	(6.36)

 

Revenue Bifurcation

(Rs. in Lac)

(Source: RHP)

The Objective of the Issue

The company desires to use the Net Proceeds from the Issue to fulfill its following goals:

• Working Capital Requirements. ~ Rs. 9 Cr.

• Funding capital expenditure towards setting up of 04 New Retail Stores. ~ Rs. 2.82 Cr.

• General corporate purposes. 

 

Listed Peers of Luxury Time Ltd.

Company Name	Face Value (Rs. )	EPS (Rs. )	P/E Ratio (x)
Ethos Ltd	10	39.33	73.78

 

Valuation

KPI	Values
ROCE	29.84%
Debt/Equity	0.08
RoNW	22.49%
PAT Margin	6.95%
EBITDA Margin	10.13%
Price to Book Value	2.83

 

 

Evaluation of P/E Ratio

Considering the period ended on FY 2025 with an EPS of Rs. 6.96 from the last year, the resulting P/E ratio is 11.78x.

Explore the Mother Nutri IPO.

 

IPO's Strengths

• A solid and established presence in India's luxury watch market.

• Long-term collaborations with global Swiss luxury brands.

• Extensive and growing distribution and retail network.

• Strong after-sales service infrastructure.

• Secure inventory and efficient supply chain management.

 

IPO’s Weaknesses 

• Excessive reliance on a single Swiss provider.

• Limited ability to change suppliers (selective distribution industry).

• Sensitivity to economic slowdowns.

• Changing consumer preferences & strong competition.

• Strong brand image dependency.

 

Luxury Time IPO GMP (Grey Market Premium)

Luxury Time IPO GMP today is Rs. 15 as of 02 Dec 2025 while writing this information with a price band set at Rs. 82. This suggests that the estimated listing price of the IPO could be around Rs. 97, indicating a gain/loss of 18.29%.

Luxury Time IPO Summary

IPO Opening & Closing Date	04 Dec, 2025 to 08 Dec, 2025
Face Value	Rs. 10 per Share
Issue Price	Rs. 78 to Rs. 82  per Share.
Lot Size	1600 Shares
Issue Size	22,84,800 Shares (Rs. 18.74 Cr)
Offer for Sale	4,56,000 Shares (Rs. 3.74 Cr)
Fresh Issue	16,14,400 Shares (Rs. 13.24 Cr)
Listing at	BSE, SME
Issue Type	Book build issue IPO
Registrar	MAS Services Ltd.

IPO Lot Details 

Retail investors can invest in a minimum of 2 Lots (3200 Shares) for Rs. 2,62,400, and in multiples thereof, while S-HNI investors can invest in a minimum of 3 Lots (4800 Shares) for Rs. 3,93,600.

Minimum Lot Investment (Retail)	2 Lots
Maximum Lot Investment (Retail)	2 Lots
S-HNI (Min)	3 Lots

 

Luxury Time IPO Allotment Status

To check the Luxury Time IPO Allotment Status, visit the official Registrar’s website or BSE website. Below are the website links for you.

Using BSE Website - ​BSE IPO allotment status

Promoters And Management of Luxury Time Ltd.

• Mr. Ashok Goel.

• Mr. Pawan Chohan.

Pre-Issue Promoter Shareholding	95%
Post-Issue Promoter Shareholding	-

 

IPO Lead Managers

• GYR Capital Advisors Pvt. Ltd.
  
  

Dividend Policy

The company has not declared a dividend during the last three years.

 

 Conclusion

Investors can acquire exposure to India's burgeoning luxury watch sector through the Luxury Time IPO, which is supported by powerful brand alliances, a huge retail network, and a developing after-sales ecosystem. However, increased competition, economic sensitivity, and reliance on a single Swiss supplier continue to be serious difficulties. Investors should assess brand-driven growth potential against these weaknesses before applying.

 

Finowings IPO Analysis

Hope you enjoyed the Finowings IPO Analysis. We tried our best to give every required detail about the company that you should know before applying to the IPO. 

You must consult your financial advisor before making any financial decisions. 

To Apply for the IPO, Click Here.

To Read the Prospectus of the Company Click Here to Download the DRHP.

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DISCLAIMER: This blog is NOT any buy or sell recommendation. No investment or trading advice is given. The content is purely for educational and information purposes only. Always consult your eligible financial advisor for investment-related decisions.