Luxury Time IPO – Key Details

5. IPO Type: SME IPO (book-built)
5. IPO Open: 4 December 2025
5. IPO Close: 8 December 2025
5. Basis of Allotment: 9 December 2025
5. Refunds / Demat Credit: 10 December 2025
5. Listing Date: 11 December 2025 (SME platform)
5. Market Lot: 3,200 shares
5. Minimum Retail Investment: ₹2,62,400 (1 lot)
5. Promoters: Ashok Goel and Pawan Chohan
5. Promoter Holding: 95% pre‑issue, 82,54,828 shares post‑issue (percentage to be updated in final prospectus)
5. Lead Manager: GYR Capital Advisors Pvt. Ltd.
5. Registrar: MAS Services Ltd.

Business Snapshot

Luxury Time Limited operates in the premium and luxury watch retail space, selling high‑value branded watches and related accessories through its exclusive stores. The company focuses on curated brands, experience‑driven stores and a customer base in urban, affluent pockets. IPO proceeds will help it open four new retail outlets and support higher working capital as it scales its footprint.

Financial Performance (₹ in Crore)

Period Ended	30 Sep 2025	31 Mar 2025	31 Mar 2024	31 Mar 2023
Assets	29.87	30.12	25.53	22.12
Total Income	24.91	60.78	50.59	52.86
Profit After Tax	2.01	4.29	2.01	2.58
EBITDA	2.94	6.21	3.15	3.97
NET Worth	20.87	18.86	13.31	11.30
Reserves and Surplus	14.44	12.43	12.44	10.43
Total Borrowing	2.07	1.56	3.12	2.20
Amount in ₹ Crore

IPO Reservation :-

Luxury Time IPO offers total 22,84,800 shares. Out of which 10,28,800 (45.03%) allocated to QIB, 4,11,200 (18.00%) allocated to QIB (Ex- Anchor), 3,13,600 (13.73%) allocated to NII 7,28,000 (31.86%) allocated to RII and 6,17,600 (27.03%) allocated to Anchor investors.

IPO Lot Size :-

Investors can bid for a minimum of 3,200 shares and in multiples of 1,600 shares thereof.  The following table depicts the minimum and maximum investment by Individual Investors (Retail) and HNI in terms of shares and amount.

IPO Objectives :-

Net proceeds are proposed to be used for:

• Capex for setting up 4 new retail stores: ₹2.82 crore
• Funding additional working capital: ₹9.00 crore
• General corporate purposes

This indicates a measured expansion strategy with relatively modest store capex and focus on strengthening balance‑sheet flexibility.

How To Apply for the IPO?

5. Login or Open demat account with JM Financial Services / JM PRO app: Open the JM PRO app or JM Financial Services website and log in with your credentials. 
5. Locate the IPO Section: Navigate to the 'IPO' section on the platform. 
5. Select IPO: Find and select the IPO from the list of open IPOs. 
5. Enter the Lot Size: Specify the number of lots you want to bid for. 
5. Submit Your UPI ID: Enter your UPI ID to link your payment method and submit your application. 
5. Approve Funds: Once you receive the bid request on your UPI app, approve it by entering your UPI PIN. 

How To Check the Allotment Status of the IPO?

Steps to check IPO allotment status on JM Pro app: 

5. Log in to the JM Pro app. 
5. Go to the IPO Section and then to IPO Orders. 
5. Select the individual IPO that you had applied for and check the allotment status. 

JM Financial Services will notify you of your IPO allotment status via push notification and email

FAQs – Luxury Time IPO

Q1. What are the IPO dates and listing timeline for Luxury Time?
Ans :- The IPO opened on 4 December 2025 and closed on 8 December 2025. Allotment is on 9 December, refunds/demat credit on 10 December, and listing on 11 December 2025.

Q2. What is the market lot and minimum investment?
Ans :- The minimum lot size is 3,200 equity shares. At the given lot value, the minimum retail application amount is ₹2,62,400.

Q3. How is the issue reserved across investor categories?
Ans :- As per SME norms: 50% of the net issue for QIBs, 15% for NIIs and 35% for retail investors.

Q4. What will the IPO proceeds be used for?
Ans :- To fund capex for 4 new luxury watch stores, enhance working capital, and for general corporate purposes.

Q5. How has Luxury Time performed financially?
Ans :- The company reported FY25 revenue of ₹60.78 crore and PAT of ₹4.19 crore, with ROE of 22.49%, PAT margin of 6.95% and very low leverage (debt‑equity 0.08).

Q6. Are there any listed peers?
Ans :- The offer document cites Ethos Ltd as a broad peer in luxury watch retail, but Luxury Time operates at a smaller scale and on the SME platform.