Luxury Time IPO: GMP trends, price band, dates, and key details

Luxury Time Ltd, a distributor and retailer of Swiss luxury watches in India, is launching its SME IPO to raise ₹18.74 crore. The offer comprises a ₹15 crore fresh issue and ₹3.74 crore offer for sale. The bidding window is December 4–8, with allotment scheduled for December 9.

Key highlights

- Price band: ₹78–₹82 per share, reflecting SME-appropriate valuation positioning.  
    
- Issue size: ₹18.74 crore total; ₹15 crore fresh issue and ₹3.74 crore OFS.  
    
- Timeline: Opens December 4; closes December 8; allotment on December 9; listing date to be updated.  
    
- Market lot: 3,200 shares per lot, aligning with SME norms for minimum application size.  
    
- Business profile: Established in 2008, Luxury Time distributes, retails, and services Swiss brands including TAG Heuer and Zenith, with multi-channel D2C and after-sales operations.  
    
- GMP snapshot: Early GMP ranged around ₹15–₹21, indicating tentative listing gains but subject to rapid changes and low transparency.  
 
Sources: IPO Watch, Value Research, Investorgain