The Luxury Time IPO will open on December 4, 2025, and close on December 8, 2025. This is a Book Build Issue, and the company aims to raise ₹18.74 crores through a mix of fresh issue worth ₹15 crores and an offer for sale of 4,56,000 equity shares. The price band has been set at ₹78 to ₹82 per share.
The IPO allotment is scheduled for December 9, and the listing will take place on BSE SME on December 11, 2025. The company has shown steady financial growth, reporting revenue of ₹60.78 crores and profit of ₹4.19 crores in FY 2025. Based on its performance and margins, the IPO appears suitable for long-term investors.
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Luxury Time IPO Details
| Detail | Information |
|---|---|
| IPO Open Date | December 4, 2025 |
| IPO Close Date | December 8, 2025 |
| Face Value | ₹10 per equity share |
| IPO Price Band | ₹78 to ₹82 per share |
| Issue Size | Approx ₹18.74 crores |
| Fresh Issue | Approx ₹15.00 crores |
| Offer for Sale | Approx 4,56,000 equity shares |
| Issue Type | Book Build Issue |
| Listing | BSE SME |
| DRHP | View PDF |
| RHP | View PDF |
Luxury Time IPO
Open: 4-8 Dec
Issue Size: ₹18.74 Cr.
Objective: Raise funds to open four new retail stores and support working-capital needs
Exchange: BSE SME
Luxury Time IPO GMP Today
Luxury Time SME IPO continues to draw strong buzz in the grey market, with the latest GMP holding at ₹90 as of 6 December 2025 (8:55 AM). With a fixed IPO price of ₹82 per share, the estimated listing price stands at ₹172, indicating a remarkable expected gain of 109.76%.
This steady rise over the last nine sessions shows growing investor confidence and hints at a strong listing, especially in the SME segment where demand momentum plays a crucial role.
Retail interest is also high, with the Subject to Sauda rate at ₹1,09,400, reflecting strong conviction among market participants. The GMP has fluctuated meaningfully across the previous sessions from ₹0 at the start of the trend to ₹90 now signalling a clear upward trajectory.
Below is the simplified day-wise GMP trend based on your provided numbers:
| Date | IPO Price | GMP | Estimated Listing Price | Estimated Profit |
|---|---|---|---|---|
| 06-12-2025 | ₹82 | ₹90 | ₹172 (109.76%) | ₹1,44,000 |
| 05-12-2025 | ₹82 | ₹90 | ₹172 (109.76%) | ₹1,44,000 |
| 04-12-2025 | ₹82 | ₹80 | ₹162 (97.56%) | ₹1,28,000 |
| 03-12-2025 | ₹82 | ₹20 | ₹102 (24.39%) | ₹32,000 |
| 02-12-2025 | ₹82 | ₹20 | ₹102 (24.39%) | ₹32,000 |
| 01-12-2025 | ₹82 | ₹15 | ₹97 (18.29%) | ₹24,000 |
| 30-11-2025 | ₹82 | ₹21 | ₹103 (25.61%) | ₹33,600 |
| 29-11-2025 | ₹82 | ₹0 | ₹82 (0%) | ₹0 |
| 28-11-2025 | ₹82 | ₹0 | ₹82 (0%) | ₹0 |
The data clearly shows how the GMP picked up from negligible levels to strong premium levels in just a few days. This consistent rise hints at healthy subscription demand and positive sentiment around the company’s fundamentals.
However, as always, investors must remember that GMP reflects grey market activity only and should not be seen as a guaranteed indicator.
Luxury Time IPO Review
Luxury Time has delivered steady financial progress over the last three years, with notable revenue and profit growth in FY 2025. The company’s return ratios, including ROE and ROCE, are strong for an SME business.
Low debt and expanding retail presence make the business structurally positive. However, the high investment requirement for lot size may not suit small retail investors. Overall, the IPO seems fit for long-term investors who believe in the premium watch and accessories retail segment.
Luxury Time IPO Market Lot
The minimum market lot for retail investors is 3,200 shares, requiring an investment of ₹2,62,400.
| Application | Lot Size | Shares | Amount |
|---|---|---|---|
| Retail Minimum | 2 | 3,200 | ₹2,62,400 |
| Retail Maximum | 2 | 3,200 | ₹2,62,400 |
| S-HNI Minimum | 3 | 4,800 | ₹3,93,600 |
| S-HNI Maximum | 7 | 11,200 | ₹9,18,400 |
| B-HNI Minimum | 8 | 12,800 | ₹10,49,600 |
IPO Reservation
| Investor Category | Shares Offered | % Share |
|---|---|---|
| Anchor Investor | 6,17,600 | 27.03% |
| QIB (Ex-Anchor) | 4,11,200 | 18.00% |
| NII | 3,13,600 | 13.73% |
| Retail | 7,28,000 | 31.86% |
Luxury Time IPO Anchor Investors
| Detail | Information |
|---|---|
| Anchor Bidding Date | December 3, 2025 |
| Anchor Investors List | View PDF |
| Shares Offered | 6,17,600 |
| Anchor Size | ₹5.06 crores |
| Lock-in 50% (30 days) | January 8, 2026 |
| Lock-in 50% (90 days) | March 9, 2026 |
Also Read: Helloji Holidays IPO, Meesho IPO
Luxury Time IPO Timelines
| Event | Date |
|---|---|
| IPO Open Date | December 4, 2025 |
| IPO Close Date | December 8, 2025 |
| Basis of Allotment | December 9, 2025 |
| Refunds | December 10, 2025 |
| Shares to Demat | December 10, 2025 |
| Listing Date | December 11, 2025 |
| Bidding Cut-off Time | December 8, 2025 – 5 PM |
Promoters & Shareholding
| Particular | Shares | % Share |
|---|---|---|
| Promoter Holding Pre-Issue | 64,26,028 | 95% |
| Promoter Holding Post-Issue | 82,54,828 | – |
Promoters:
Mr. Ashok Goel and Mr. Pawan Chohan
Objects of the Issue
The funds raised from the IPO will be used to expand Luxury Time’s retail presence by setting up four new stores across key markets. A significant portion will also be utilized to strengthen the company’s working capital, supporting inventory, operations, and supply chain efficiency.
The remaining amount will go towards general corporate purposes such as branding, administrative enhancements, and future business opportunities.
About Luxury Time Company
Luxury Time Ltd. is a premium watch and lifestyle accessories retailer with a growing presence across India. The company specialises in curated collections of luxury, fashion, and smart watches from well-known global brands. With a strong focus on customer experience, store ambience, and after-sales service, Luxury Time has built a loyal customer base in the premium lifestyle segment.
The brand is now expanding its footprint by opening new retail stores in key metro and tier-1 locations, aiming to strengthen its position in the organised watch retail market. Over the years, the company has improved its inventory management, product mix, and margins, contributing to consistent financial growth.
Luxury Time Company Financials
| Period Ended | Revenue | Expense | PAT | Assets |
|---|---|---|---|---|
| 2023 | ₹52.86 cr | ₹49.30 cr | ₹2.58 cr | ₹22.12 cr |
| 2024 | ₹50.59 cr | ₹48.06 cr | ₹1.89 cr | ₹25.41 cr |
| 2025 | ₹60.78 cr | ₹55.17 cr | ₹4.19 cr | ₹29.83 cr |
| September 2025 | ₹24.91 cr | ₹22.22 cr | ₹2.01 cr | ₹24.91 cr |
Luxury Time IPO Valuation – FY 2025
| KPI | Value |
|---|---|
| ROE | 22.49% |
| ROCE | 29.84% |
| EBITDA Margin | 10.13% |
| PAT Margin | 6.95% |
| Debt to Equity | 0.08 |
| EPS (Basic) | ₹6.79 |
| P/E Ratio | Not Available |
| RoNW | 22.49% |
| NAV | ₹29.00 |
Peer Comparison
| Company | EPS | PE Ratio | RoNW | NAV | Income |
|---|---|---|---|---|---|
| Ethos Ltd | 39.33 | 60.27 | 9.80% | 401.22 | ₹1,275.93 cr |
IPO Lead Manager
GYR Capital Advisors Pvt. Ltd.
Company Address
| Detail | Information |
|---|---|
| Company | Luxury Time Ltd. |
| Address | 713, Pearls Omaxe Building, Tower-2, Wazirpur, Netaji Subhash Place, Delhi, New Delhi – 110034 |
| Phone | +91 011-49060989 |
| info@luxurytimeindia.in | |
| Website | luxurytimeindia.com |
IPO Registrar
MAS Services Ltd.
Phone: (011) 2610 4142
Email: ipo@masserv.com
Website: masserv.com
Luxury Time IPO FAQs
What is Luxury Time IPO?
Luxury Time IPO is an SME public issue in which the company is raising ₹18.74 crores through a Book Build Issue. The IPO is priced between ₹78 and ₹82 per equity share and will be listed on BSE SME.
When does the Luxury Time IPO open and close?
The IPO opens on December 4, 2025, and closes on December 8, 2025, for QIB, NII, and retail investors.
What is the price band for Luxury Time IPO?
The IPO price band is fixed between ₹78 and ₹82 per share.
What is the lot size for Luxury Time IPO?
Investors must apply for a minimum of 3,200 shares, which amounts to ₹2,62,400 at the upper price band.
What is the issue size of Luxury Time IPO?
The total issue size is approximately ₹18.74 crores, including a fresh issue of ₹15 crores and an offer for sale of 4,56,000 shares.
What is the basis of allotment date for Luxury Time IPO?
The allotment will be finalized on December 9, 2025.
When will the shares be credited to the demat account?
Shares will be credited on December 10, 2025.
When is the Luxury Time IPO listing date?
The listing is scheduled for December 11, 2025, on BSE SME.
How much reservation is there for retail investors?
Retail investors have a 35% reservation in the IPO.
Who are the promoters of Luxury Time?
The company’s promoters are Mr. Ashok Goel and Mr. Pawan Chohan.
How can I apply for the Luxury Time IPO?
You can apply through ASBA using your bank account or via UPI through your stockbroker. Offline applications through brokers are also accepted.
Is the Luxury Time IPO good for investment?
Based on revenue growth, improved profitability, strong ROE and ROCE, and sector positioning, the IPO appears suitable for long-term investors.
Expert Comment
Luxury Time’s financial performance, strong return metrics, and low leverage indicate a well-managed and expanding business. The company’s plan to open four new stores suggests confidence in consumer demand for premium lifestyle products.
Though valuation clarity is limited due to the unavailable P/E, the growth trajectory and improving profitability make the IPO attractive for long-term investors who can handle a higher ticket size.
