Luxury Time Ltd Summary
Luxury Time Limited, incorporated on August 22, 2008 and converted from a private company to a public company on February 24, 2025, is engaged in the business of importing and trading all types of clocks and watches, along with world-class after sales services, import and trading in specialized tools and machines used in watch making/repair, and luxury retailing. The Company also provides brand promotion related services including retail audits, exhibitions, consultancy, boutique management, training and brand promotion. The 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 came up with IPO by allotting 22,84,800 equity shares of Rs 10 each and raised funds of Rs 18.74 crore, which comprise a fresh issue of 18,28,800 equity shares amounting to Rs 15 crore and the offer for sale of 4,56,000 equity shares amounting to Rs 3.74 crore on December 08, 2025. The Company expanded after-sales footprint with the inauguration of a new service centre in Bandra West, Mumbai in 2026.