Luxury Time, the premium watch and accessory retailer, is off to a sizzling start in its SME IPO! Day 2 (Dec 5) sees Luxury Time IPO GMP at ₹75 (up from ₹50), estimating ₹157 listing price91% premium over ₹82 band. Subscription strong with retail/NII demand; closes Dec 8, lists Dec 11 on BSE SME.

Day 2 Buzz Drivers

  • Retail/NII firepower: Day 1 sailed through; total eyeing 100x+.
  • GMP momentum: 61% to 91% jump – luxury consumer rebound post-festive.
  • Issue mix: ₹15 Cr fresh + ₹3.74 Cr OFS for outlets/working capital.
  • Lot size: 1,600 shares (₹131K min) – HNI favorite.

GMP & Projection Table

Issue Price (Upper Band) ₹82
Current GMP ₹75
Estimated Listing Price ₹157
Potential Gain 91%

Worth the Bid?

Yes for luxury retail plays (sector up 15% YTD). Watch for valuation risks in SME. Potential 70%+ pop on listing.

Verdict: Day 2 heat says yes – a stylish multibagger contender!

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