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Complete IPO details, including price band, financials, subscription status, and key insights.
Participate in the Luxury Time Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.
Key metrics and details at a glance.
Price Band
₹82
Per ShareLot Size
1600 Shares
Minimum Investment
₹1,31,200
Issue Size
₹18.74 Cr
Face Value
₹10
Per ShareIPO Type
Book Building - SME
Retail Quota
35.16%
QIB Quota
49.69%
NII Quota
15.15%
Important dates for your applying strategy.
Business model, operations, and market positioning.
Promoter Holding (Pre-Issue)
95%
Promoter Holding (Post-Issue)
68.43%
Issue Type
Book Building - SME
ISIN
INE1CJB01013
Our Company is engaged in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches, as well as the distribution of watch service-related tools and equipment in India. Headquartered in New Delhi, we are supported by a team of seasoned professionals with expertise in luxury watch distribution, retail management, after-sales servicing, precision tools & machinery, and brand marketing.
The India Watch market is valued at USD 3.87 billion, driven by a combination of factors such as increasing disposable income, growing fashion consciousness, and the rising trend of smartwatches. Consumers, particularly in urban areas, are increasingly looking for watches that reflect personal style and integrate technology. The demand for high-end and luxury watches is also rising, especially in metro cities, due to the growing preference for premium accessories. Cities like Mumbai, Delhi, and Bengaluru dominate the watch market due to their larger populations of high-income individuals and a strong retail presence for luxury and premium brands. These cities are also home to a tech-savvy younger population that favors smartwatches. The presence of international brands and a developed e-commerce ecosystem further drive the market dominance of these cities. India maintains significant import duties on watches, especially luxury models. In 2023, the government continued enforcing a 20% import duty on watches, a measure aimed at promoting local manufacturing under the Make in India initiative. These high tariffs remain a barrier for international brands looking to enter the market, driving up the retail prices of imported watches.
Revenue, profit after tax and total assets across the last 3 reported financial years.
Amount in ₹ crore
How the company plans to utilize IPO proceeds.
The funds raised through this IPO will be used for:
Initial public offering up to 22,84,800 equity shares of Rs.10/- each ("Equity Shares") of Luxury Time Limited ("LTL" or the "Company") for cash at a price of Rs. 82 /- per equity share (the "Offer Price"), aggregating to Rs. 18.74 Crore ("The Offer"), comprising a fresh offer of up to 18,28,800 equity shares aggregating to Rs. 15.00 Crore by the company ("Fresh Offer") and an offer for sale of up to 4,56,000 equity shares by Mr. Ashok Goel and Mr. Pawan Chohan ("The Promoter Selling Shareholders") aggregating to Rs. 3.74 Crore ("Offer For Sale"). Out of the offer, up to 2,14,400 equity shares aggregating to Rs. 1.76 Crore will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of up to 20,70,400 equity shares of face value of Rs. 10.00/- each at an offer price of Rs. 82 /- per equity share aggregating to Rs.16.98 Crore is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 27.68% and 25.08%, respectively of the post offer paid up equity share capital of the company.
*Subject to approvals and market conditions.
Key competitive advantages and factors to consider before investing.
Live demand across investor categories.
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*Real-time data subject to exchange updates
Our Company was originally incorporated as "Luxury Time Private Limited" a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated August 22, 2008 issued by Registrar of Companies, Delhi & Haryana. Further, our Company was converted from a private limited company to public limited company pursuant to special resolution passed in the Extra-Ordinary General Meeting of the company dated January 13, 2025 and consequently, the name of our Company was changed from "Luxury Time Private Limited" to "Luxury Time Limited" and a fresh certificate of incorporation dated February 24, 2025 was issued to our Company by the Registrar of Companies, Central Registration Centre. The Corporate Identification Number of our Company is U74900DL2008PLC182377.
Wholesaler and Retailer
Amount in ₹ crore
Amount in ₹ crore
Figures in ₹ crore, on a consolidated basis, as reported for FY24 to FY26.