At a Glance: What You Should Know
| Item | Detail |
|---|---|
| IPO Name | Luxury Time Ltd. |
| Issue Price Band | ₹ 78 – ₹ 82 per equity share |
| Lot Size / Minimum Investment | 1,600 shares (minimum application ~ ₹ 1.31 lakh) |
| IPO Subscription | Retail: 860.53×, NII: 677.63×, QIB: 205.58×, Overall: ≈ 635.67× |
| Allotment Date | 9 December 2025 |
| Listing Date (Expected) | 11 December 2025 (on BSE SME) |
| Registrar | MAS Services Limited |
| Grey Market Premium (GMP) | Approx. ₹ 90 – ₹ 98 per share (varied recently) |
Subscription & Demand Overview
The IPO of Luxury Time Ltd. saw overwhelming interest across categories:
- Retail investors subscribed ~ 860× — an extremely high demand from the smaller investor segment.
- Non‑Institutional Investors (NII) applied ~ 678×.
- Qualified Institutional Buyers (QIBs) applied ~ 206×.
Overall subscription stood at ~ 636×, indicating massive oversubscription. Such strong demand usually leads to allotment via a lottery or proportionate draw — meaning many retail applicants may receive only a fraction of applied shares.
How to Check Your Allotment Status
You can check whether you’ve been allotted shares by following these steps:
1. Via the IPO Registrar (MAS Services)
- Visit the MAS Services IPO allotment page.
- Select Luxury Time Ltd. from the list.
- Enter PAN or DP/Client ID or Application Number, as applicable.
- Complete the captcha and submit to view your status.
2. Via BSE (or relevant exchange)
- Visit BSE’s IPO allotment section.
- Under “Issue Type” choose “Equity”.
- Pick “Luxury Time Ltd.” from the drop‑down for issue name.
- Enter your Application Number and PAN.
- Click “Search” to check status.
3. Via Third‑Party IPO Trackers / Apps
You may also use trusted IPO‑tracker websites or apps — just ensure they link to official registrar or BSE data before concluding.
Once allotment is confirmed:
- Shares will be credited to your Demat account.
- Refunds (for unsuccessful applications) will be processed shortly after.
Grey Market Premium (GMP): What It Means
- GMP reflects the unofficial market’s perception of IPO demand and expected listing-day price.
- A high GMP (e.g. ₹ 90–98) suggests that investors expect a listing price well above the issue price — often implying a big first-day gain.
- Important: GMP is not official. It’s driven by demand–supply and sentiment. Sometimes actual listing price may differ significantly.
If Luxury Time’s IPO price is ₹ 82 and GMP is ₹ 90, the implied listing-price expectation becomes ~ ₹ 172. But actual performance at listing may vary — so treat GMP as a speculative indicator, not a guarantee.
What You Should Do Now
- Check allotment status ASAP via registrar or BSE as per the steps above.
- If allotted — watch for share credit in your Demat account.
- If not allotted — expect refund.
- Keep an eye on official listing date and consider GMP only as one of many factors before assuming listing-day profit.
Key Takeaways
- The IPO of Luxury Time Ltd. was massively oversubscribed, especially by retail investors.
- Allotment is complete; now you can check status via MAS Services or BSE.
- GMP appears high — signalling positive sentiment — but it remains unofficial.
- Always cross‑verify allotment status via official channels before making decisions.
