Luxury Time Ltd Summary
Luxury Time Limited was originally incorporated as Luxury Time Private Limited a Private company dated August 22, 2008 with the Registrar of Companies, Delhi & Haryana. Further, Company was converted to public Company and the name of Company was changed to Luxury Time Limited and a fresh Certificate of incorporation dated February 24, 2025 was issued by the Central Registration Centre.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. Incorporated in 2008, Company serve as the authorized distributor in India for Luxury Swiss watches brands - TAG Heuer, Zenith, Bomberg and Exaequo.
The Company launched operations into After-Sales Service in FY17. In addition, Company formed a joint venture with India Luxury Retail Company and launched Hublot Boutiques in Mumbai and Bengaluru in 2019. The clientele includes large-format watch manufacturers, national jewellery chains, and independent service professionals.The business operates across five integrated verticals: Watch Distribution (B2B), Direct-to-Consumer (D2C) & E-commerce Sales, After-Sales Services, Branding, PR & Marketing Support and Tools & Machinery Distribution.
The Company maintain a retail of 70+ points of sale (POS) nationwide, including mono-brand boutiques, multi-brand outlets (MBOs), and digital platforms. The network spans all major metros and key cities such as Delhi, Mumbai, Ahmedabad, Coimbatore, Cochin and so on. In the after-sales vertical, Company operate two service centers in Mumbai and Delhi, supported by a network of 20+ authorized and dealer-operated facilities across India.
In the tools and machinery vertical, it became the authorized distributor in India for Luxury Swiss Watches tool manufacturers- Bergeon and Horotec in FY 2024, specializing in watchmaking and jewellery-making equipment. The Company has expanded the service centre presence to Mumbai and Delhi in FY25.Company is planning the IPO of 18,30,000 equity shares of face value of Rs 10 each through fresh issue.