Luxury Time IPO Sees Exceptional Demand, Subscribed 635.53x on Day 3

No image 5paisa Capital Ltd - 2 min read

Last Updated: 8th December 2025 - 05:53 pm

Luxury Time Limited's initial public offering (IPO) has demonstrated exceptional investor interest through its third day of subscription. The stock price band is set at ₹78-82 per share. The ₹18.74 crore IPO reached 635.53 times by 5:24:33 PM on day three. This indicates exceptional investor interest in this Swiss luxury watches distributor, retailer, and after-sales service provider incorporated in 2008.

Luxury Time IPO subscription reached exceptional 635.53 times on day three. It was led by Individual Investors (860.53x), Non-Institutional Investors (676.95x), and Qualified Institutional Buyers Ex-Anchor (205.58x). Total applications reached 2,20,119.

Subscription Status of Luxury Time IPO:

Date QIB (Ex Anchor) NII Individual Investor Total
Day 1 (December 4) 0.00 10.99 24.32 14.56
Day 2 (December 5) 0.01 73.88 139.59 85.90
Day 3 (December 8) 205.58 676.95 860.53 635.53

Here are the subscription details for Luxury Time IPO as of Day 3 (December 8, 2025, 5:24:33 PM):

Investor Category Subscription (times) Shares Offered Shares bid for Total Amount (₹ Cr.)
Anchor Investors 1.00 6,17,600 6,17,600 5.06
QIB (Ex Anchor) 205.58 4,11,200 8,45,32,800 693.17
Non-Institutional Buyers 676.95 3,13,600 21,22,91,200 1,740.79
Individual Investors 860.53 7,28,000 62,64,67,200 5,137.03
Total 635.53 14,52,800 92,32,91,200 7,571.00

Key Highlights - Day 3:

  • Overall subscription reached exceptional 635.53 times, showing extraordinary improvement from day two's 85.90 times
  • Individual investors displaying exceptional confidence at 860.53 times, building substantially from day two's 139.59 times, indicating very strong retail appetite for this Swiss luxury watches distributor and retailer
  • Non-institutional investors showing exceptional interest at 676.95 times, building dramatically from day two's 73.88 times, indicating very strong HNI appetite
  • Total applications reached 2,20,119, showing exceptional investor participation for this SME IPO
  • Cumulative bid amount reached ₹7,571.00 crores, significantly exceeding the net offer size of ₹16.98 crores (excluding anchor and market maker portions) by over 445 times
  • Anchor investors fully subscribed their allocation of ₹5.06 crores on December 3, 2025
  • Market makers fully subscribed their allocation of ₹1.76 crores
  • Issue price fixed at ₹82 per share (upper band), reflecting strong market demand


Key Highlights - Day 2:

  • Overall subscription reached exceptional 85.90 times, showing substantial improvement from day one's 14.56 times
  • Individual investors displaying exceptional confidence at 139.59 times, building substantially from day one's 24.32 times
  • Non-institutional investors showing exceptional interest at 73.88 times, building substantially from day one's 10.99 times
  • Qualified institutional buyers showing negligible participation at 0.01 times, remaining subdued from day one's 0.00 times

Key Highlights - Day 1:

  • Overall subscription reached exceptional 14.56 times, showing strong initial investor interest
  • Individual investors displaying exceptional confidence at 24.32 times, indicating very strong retail appetite
  • Non-institutional investors showing exceptional performance at 10.99 times, indicating strong HNI interest
  • Qualified institutional buyers showing negligible participation at 0.00 times, indicating no institutional interest

About Luxury Time Limited

Incorporated in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing, and after-sales servicing of Swiss luxury watches, along with the distribution of watch service-related tools and equipment in India. Headquartered in New Delhi, the company is supported by a team of professionals with expertise in luxury watch distribution, retail management, precision servicing, and brand marketing. The company operates across five integrated business verticals: watch distribution (B2B), direct-to-consumer (D2C) and e-commerce sales, after-sales services, branding, PR, and marketing support, and tools and machinery distribution.

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