Luxury Time IPO opens on December 4. Check price range

Established in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing and after-sales service of Swiss luxury watches along with the distribution of watch service related tools and equipment in India. The company is an exclusive authorized distributor in India for luxury Swiss watch brands – TAG Heuer, Zenith, Bomberg and Exaequo and Swiss tool manufacturers Bergeon and Horotec. .The company will debut on Dalal Street with an initial public offering (IPO) to raise ₹18.74 crore, comprising:

* Fresh issue of 18,28,800 equity shares aggregating ₹15.00 crore, and* Offer for sale (OFS) of 4,56,000 shares aggregating to ₹3.74 crore.

For the SME IPO, Luxury Time Limited has set a price range of ₹78 to ₹82 per share. The shares will be listed on the BSE SME platform, with a proposed listing date of Thursday, December 11, 2025.

GYR Capital Advisors Pvt. Ltd. acts as the sole book running lead manager and MAS Services Ltd. is the registrar of the issue. The proceeds from the issue will be used to fund capital expenditure for setting up 04 new stores, working capital requirements and general corporate purposes. The shares for Luxury Time are expected to be allotted on Tuesday, December 9, 2025 and on Wednesday, December 10, 2025, the shares will be credited to the demat account of the allottees. The IPO includes 50% of the net issuance for QIB, 35% for retail investors and 15% of the net issuance for the NII segment.

Retail investors have to contribute a minimum of Rs 2,62,400 as the minimum lot size of 2 lots for an application is 3200 shares. For HNIs, the minimum bid size is 3 lots, or 4,800 shares, for a total investment of Rs 3,93,600 lakh in the higher price band.

Luxury Time Limited has a retail footprint of over 70 Points of Sale (POS) across India, including single-brand boutiques, multi-brand outlets (MBOs) and digital platforms. Its footprint spans major metros such as Delhi, Mumbai and Bengaluru, and extends to key Tier I and Tier II locations including Hyderabad, Ahmedabad, Pune, Surat, Kolkata, Chennai, Coimbatore, Chandigarh, Ludhiana, Cochin and Lucknow. The company operates two mono-brand boutiques in Mumbai and Bengaluru through a joint venture with a listed Indian luxury watch retailer. In terms of after-sales service, Luxury Time operates two company-managed service centers in Mumbai and Delhi.

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